Oil extends losses as coronavirus spike cools demand hopes
Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to […]
Price
Inflation rises to 12.40% in May – NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI) which measures inflation increased to 12.40 per cent year-on-year in May 2020. The […]
Analysts say MPR reduction will increase money, credit in circulation
Some financial analysts on Friday said the unexpected reduction of the Monetary Policy Rate (MPR) from 13.5 to 12.5 per cent, as announced by the […]
Agro-geo cooperatives: NIRSAL’s game -changing strategy for post-COVID agricultural financing in Nigeria
By Nantim M. Joseph Like other sectors of the economy, agriculture is being profoundly and negatively impacted by the Coronavirus. In many countries, the disruption […]
Inflation rises to 12.34% in April — NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased by 12.34 per cent year-on-year in April 2020. The […]
Declining crude price: Senate mandates joint Committees to interface with executive
The Senate on Tuesday mandated its joint Committees on Finance, National Planning, Petroleum Upstream and Appropriation to engage the executive, economic experts to obtain information on […]
No plan to increase price of petrol – NNPC
The Nigerian National Petroleum Corporation (NNPC) says it has no plans to increase the price of Premium Motor Spirit (PMS), popularly known as petrol in […]
Price of rice remains stable in Enugu
The prices of both local and foreign rice have remained stable in major markets in Enugu metropolis. A market survey conducted by NAN on Saturday […]
Atiku draws template for fuel price reduction — PDP
The Peoples Democratic Party (PDP) has said that its Presidential candidate, Atiku Abubakar, had worked out a pricing template that could immediately crash the pump […]
NBS says petrol price increased to N147 in September
The National Bureau of Statistics (NBS) said the price paid by consumers for Premium Motor Spirit (Petrol) increased to N147.30 in September from N146.90 recorded […]
Oil drops to $83 as Iran maintains exports
Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the U.S. reimposes sanctions, […]
Oil to hit $85 after OPEC+ shows no sign of turning on the taps
Crude oil prices shot to a four-year high on Tuesday, catapulted by imminent United States sanctions on Iranian crude exports and the apparent reluctance of […]
Oil prices rise on U.S. push to shut out Iran, supply disruptions
Oil prices rose on Wednesday as a supply disruption in Canada tightened the market and after United States officials told importers to stop buying Iranian […]
NNPC moves to ensure private depots comply with price of PMS
The Nigerian National Petroleum Corporation (NNPC) has deployed more of its depots and other throughput facilities to enforce the N133.28 Ex-Depot price of Premium Motor […]
Diesel: NNPC Keeps Price On Steady Decline Nationwide
The recent strategic intervention of the Nigerian National Petroleum Corporation (NNPC) which led to a 42 percent fall in the price of Automotive Gas Oil […]
NNPC Crashes Diesel Price Nationwide by 42%
Price of Automotive Gas Oil (AGO), also known as Diesel, has crashed to about 42% nationwide, a huge downslide over the last six months, following […]