Economy

Nigeria’s Crude Oil Production Reaches 1.35 Million Barrels Per Day, Still Below OPEC Quota

In 2023, Nigeria achieved its highest crude oil production level this year, reaching 1.35 million barrels per day (mbpd). This represents a 14% increase...

The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria commence nationwide strike despite court order regarding Ajaero assault

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have commenced a nationwide strike in response to the physical assault of NLC...

Oyo and Osun Customs Generate ₦11 Billion in 10 Months

The Oyo/Osun Area Command of the Nigeria Customs Service has generated over 11 billion Naira in revenue for the Federal Government within a period...

Inflation in Nigeria Expected to Reach 30% by December 2023, Says KPMG

According to a report by KPMG titled "Macroeconomics Review H1 2023 & Outlook for H2 2023," the multinational firm has projected that inflation will...

Cardoso: CBN’s New Leadership Commits to Prioritizing Core Mandate

In a recent news statement, it has been announced that the Central Bank of Nigeria (CBN) will prioritize its core mandate under the leadership...

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