Industry

•Oil demand, inflation trigger fuel price volatility World Bank The World Bank’s latest Commodity Markets Outlook predicts that the faltering economic growth, coupled with the ample oil supply, will lead to a drop in global commodity…
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Bayo Ojulari, the newly appointed Managing Director of the Nigerian National Petroleum Company (NNPC), has removed over 200 staff members, including high-ranking executives. Nigerian political art prints POLITICS NIGERIA reports…
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A few days ago, the International Monetary Fund (IMF) revised downward Nigeria’s economic growth projections for 2025 and 2026, to 3.0 for 2025 and 2.7 for 2026, as global uncertainties grow and sustained weaknesses in oil prices…
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A coalition of lawyers and civil society organizations (CSOs) on Tuesday submitted a Freedom of Information (FOI) request to the Nigerian National Petroleum Corporation Limited (NNPC), seeking full disclosure on the status of…
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The World Bank has projected that poverty will increase in Nigeria by three percentage points in five years to 2027. The World Bank made this projection in its Africa Pulse report released on the sidelines of the ongoing Spring…
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A coalition of legal professionals under the aegis of Guardians of Democracy and Rule of Law has disclosed its plans to file a petition with the Economic and Financial Crimes Commission (EFCC) on Monday, seeking an investigation into…
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The International Monetary Fund (IMF) has issued a stern warning to Nigeria, urging the government to rein in its spending habits at a time when President Bola Tinubu’s administration has earmarked a staggering N6.1 billion for…
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By Saidu Abubakar A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in…
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Nigeria’s currency in circulation declined to N5 trillion in March 2025, according to the latest data from the Central Bank of Nigeria (CBN), reflecting a continued drop for the third consecutive month in 2025. The report published…
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The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, 2013. REUTERS/Yuri Gripas (UNITED STATES - Tags:…
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