accountRising crude theft on the new Nembe Creek oil pipeline in Nigeria threatens 140,000 b/d of the firm's oil exports to...
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NIGERIA'S ECONOMY
Nigeria’s economy is struggling to leverage the country’s vast wealth in fossil fuels in order to displace the crushing poverty that affects about 57% of its population. Nigeria’s exports of oil and natural gas have enabled the country to post merchandise trade and current account surpluses in recent years. The largely subsistence agricultural sector has not kept up with rapid population growth, and Nigeria, once a large net exporter of food, now imports some of its food products.
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Nigeria's main rebel group claimed yesterday that it had carried out an attack on the Nembe-Brass crude pipeline...
Due to high oil prices as well as the moderate demand for forex at the CBN’s official forex market –the Wholesale Dutch...
Sequel to uncertainty caused by multiple government investigations into the fuel subsidy scheme
There is a high likelihood that more heads may roll in the banking industry before the end of the first quarter of the...
A Nigerian militant group based in the oil-producing Niger Delta said on Sunday it had attacked an oil pipeline owned...
Bonga is the first deepwater project for Nigeria and Shell Nigeria Exploration and Production Company
Figures for petroleum product subsidy just do not add up.
Upgrade by Fitch Ratings “a great news for the country and a strong foundation for the country to keep building the...
Domestic considerations in petroleum product prices.
Nigeria has experienced a catastrophic explosion of violent religious conflicts in the last decade.
The Minister of Labour and Productivity, yesterday said the Nigerian National Petroleum Corporation (NNPC) will be...
US-Nigerian consortium proposing the first waste-to-energy project in West Africa to be sited in Lagos.
Forex net open position (NOP) limit raised to 3% from 1%.
Federal Government may have started taking steps to counter the envisaged opposition to the policy.
A week-long assessment showed that the naira closed on September 28, at N158.45 to the US dollar on the inter-bank...
According to the UN office on drugs and crime, more than 6,000 women are trafficked to Europe every year earning...
Asset Management Corporation of Nigeria (AMCON) sets aside the sum of N1.2 trillion to recapitalise the five remaining...
Launched in 2000, a multi-year programme to capture gas from the Shell-operated joint venture facilities and reduce...
Most licences either revoked or lapsed.
Chibuzor Ugwoha is the Managing Director of Niger Delta Development Commission, created by the Federal Government as an...
The Central Bank of Nigeria raised its monetary policy interest rate by 50 basis points to 9.25% from 8.75% previously.
Company signals higher supplies from Africa’s top exporter.
These days few workers feel confident enough to make demands of their employers. With the global economy enduring the...
Top Sources: Nigeria's Economy
- chairmanking.com
- BusinessWeek
- platts.com
- ngrguardiannews.com
- broadstreetlagos.com
- thisdaylive.com
- punchng.com
- Reuters UK
- AllAfrica News: Editorials
- People's Daily Online
