CBN stops dollar sales to NNPC
CENTRAL Bank of Nigeria (CBN) has stopped local and international oil companies from selling dollars to the Nigerian National Petroleum
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Nigeria
N125/litre: FG makes surplus of N2.065bn daily from sale of petrol
There are indications that the Federal Government (FG) may be making over N2billion from the sale of petrol as crude
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Nigeria lost N15tr to crude oil theft in four years, says report
Nigeria lost an estimated N15trillion to illegal bunkering rings and other crude oil thieves in the Niger Delta and other
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Nigeria may lose $8.63bn in 6 months over oil price crash
Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn
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Nigerian LNG cargo heading for Dragon LNG terminal in the UK
The UK’s Dragon LNG terminal is scheduled to receive a Nigerian liquefied natural gas cargo at the end of this
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Shell sees 41% rise in Nigerian oil spills due to sabotage
Royal Dutch Shell saw an increase of 41% in the number of crude oil spills caused by sabotage and oil
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Coronavirus shock: Spike in Naira exchange rate evokes recession sentiment
Covid-19 is fast shutting down windows of economic opportunities Nigeria needs to implement its 2020 N10.6trillion budget to create a
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Investors lose N329bn on NSE, amid COVID-19 fear, fall in oil price
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due
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Nigeria: Govt to Cut Approved 2020 Budget Over Dwindling Oil Price
The Federal Government on Monday said it may reduce the approved 2020 National Budget, totalling N10.6trillion, following the impact of
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Nigeria: Budget 2020 Records N494bn Revenue Shortfall
The Federal Government’s budget 2020, yesterday, came under major threat with a loss of N494 billion in the projected oil
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