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This decision potentially increases Nigeria’s crude oil output to 1.829 million barrels per day by April 2022.
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This decision potentially increases Nigeria’s crude oil output to 1.829 million barrels per day by April 2022.
On month-on-month basis, the Headline index increased by 1.06 percent in June 2021.
In April, CBN had hinted that it is planning to include sugar on the list of import items banned from accessing foreign exchange.
The House opted to postpone a vote on the so-called Petroleum Industry Bill on Jul. 15.
The repayment plan had caused a rift between the governors and the apex bank.
In May 2021, the senate committee on finance had invited heads of 60 government-owned firms to explain the failure to remit various funds.
Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says her life was threatened for saving Nigeria huge sums of money from oil subsidy...
In March 2021, the federal government approved the reopening of the facility for daylight operations.
The federal government spent N10 trillion on expenditures in 2020.
The agency seized a total number of 2,333 assorted items, with a duty paid value of N4.42 billion.