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OPEC, non-OPEC jack output by 1m barrels

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Russia and other non-members of Organisation of Petroleum Exporting Countries (OPEC)

2018 budget: Organised labour wants FG to explore tax waivers

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Organized Labour in Nigeria has called on the Federal government to explore tax Waivers to fund the deficit in the 2018 National budget.

Nigeria seeks safer mining techniques

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Nigeria is looking to establish safer mining techniques, in order to guarantee the safety of its people and enhance government’s goal of diversification of the nation’s economy.

NASS blames MDAs, Budget office for 2018 Budget controversy

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National Assembly said its adjustment to the 2018 Appropriation Bill, was to address geo-political imbalances in the financial document.

Revenue from car importation drops by 20% – NPA

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The Nigerian Ports Authority said revenue on car importation into the country has dropped by 20 per cent this year.

NNPC signs $3bn deal, settles cash arrears

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The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru said corporation has signed three billion dollar deal to boost development in the sector.

Presidential aspirant decries poor funding of key projects in 2018 Budget

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A young presidential aspirant said President Muhammadu Buhari’s decision to sign the 2018 budget altered by federal lawmakers through the removal or poor funding of key infrastructure projects, is

FG not bound to implement 2018 budget 100 percent – Senator

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Lawmaker representing Yobe East in the Senate, Bukar Abba-Ibrahim said it is not compulsory for President Muhammadu Buhari to fully implement all projects inserted in the 2018 budget.

2018 Budget: SERAP accuses NASS of Crime against humanity

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The Socio-Economic Rights, and Accountability Project ,has accused the National Assembly of violating the fundamental rights of Nigerians, by cutting the proposed allocations for essential public

Nigeria spends N643.6bn on servicing domestic debt in Q1 – DMO

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The Federal Government spent N643.6 billion on servicing the nation’s domestic debt for January to March,

Iran rules out OPEC deal as Russia, Saudi push for oil output hike

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Iran said on Tuesday OPEC was unlikely to reach a deal on oil output this week, setting the stage

Breaking: President Buhari Signs 2018 Budget

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President Muhammadu Buhari has signed the 2018 Appropriation Bill into law.

Freight forwarding group rejects port access fee collection

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The Ports and Terminal Multi-services limited, PTML has been accused of causing delay in cargo clearance over the continued port access fee collection.