FG to end petrol subsidy June 2022, World Bank condemns N2.9tn funding

The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up...

Elon Musk’s wealth surged by $36 billion, the largest single-day gain Bloomberg’s ever recorded

It's been quite the day for Tesla and its CEO, Elon Musk. The early-morning announcement that Hertz intends to buy 100,000 Teslas for its rental fleet kicked...

Nigeria, Turkey Sign Eight Major Agreements On Energy, Mining, Others

Nigeria and Turkey have signed a series of bilateral agreements and memoranda of understanding on a number of key sectors of energy, defence industry,...

Cryptos May Appear As Safer Store Of Value, Says IMF

THE International Monetary Fund has said that weak central bank credibility and a vulnerable banking system in emerging economies can make cryptocurrencies appear as...

Why The Price Of Cooking Gas Is Rising In Nigeria

Mr. Farouk Ahmed, the Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, NPRA, has attributed the rising cost of cooking gas...

Nigerian Government Scraps DPR, PPPRA, PEF, Inaugurates New Regulatory Agencies, Sacks Their CEOs

The Federal Government has effectively put an end to the existence of the Department of Petroleum Resources (DPR), the Petroleum Products Pricing Regulatory Agency...
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