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Nigeria debt servicing surpasses revenue by N310bn as FG releases 4-month fiscal report | NN NEWS

The cost of servicing debt surpassed the federal government’s retained revenue by N310 billion in the first four months of 2022. The federal government said...
Business

FG commence probe as power generation further cripples to 3MW | NN NEWS

The Federal Government has commenced “a full-scale investigation” to establish the cause of the national electricity grid collapse which occurred on Wednesday and caused...
Business

Nigeria Naira further collapses to N645 per dollar | NN NEWS

The Nigerian currency has sunk to a new low, exchanging for N645 against the U.S. dollar in the parallel market, according to data from...
Business

Nigeria Naira finally collapse to N630/$1 at Black Market | NN NEWS

The Nigerian currency known as Naira has depreciated N630 to $1 at the black market on Monday, Nairametrics reports. However, the exchange rate between the...
Business

Buhari unveils NNPC Ltd, assures of value in line with global best practice | NN NEWS

President Muhammadu Buhari has officially unveiled the Nigerian National Petr oleum Company Limited (NNPC Ltd) with a charge that it must ensure...
Business

Nigeria loses 14.94million oil barrels worth N703.96bn – Reports | NN NEWS

Nigeria’s oil production crashed by about 14.94 million barrels in the second quarter of this year, data obtained from the latest Monthly Oil Market...
Business

Soludo marks over 100 shops for demolition in Onitsha market | NN NEWS

Anambra State Governor, Prof. Chukwuma Soludo, on Friday, marked over 100 shops in Ochanja Market, Onitsha for demolition. Soludo said that the marked buildings have...
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