Gistfox Your News Window To The World.

The international oil benchmark, Brent crude, extended its gains on Friday, rising above $93 per barrel, in what is a potential boost to Nigeria’s crude oil export revenue. Brent crude, against which Nigeria’s oil is priced, hit a fresh seven-year high of $93.44 per barrel as of 4:15pm Nigerian time …

The World Bank has said the Federal Government of Nigeria did not take any concerted action towards curbing inflation in 2021 despite inflation shock pushing an estimated eight million Nigerians below the poverty line. The Washington-based bank said this in the latest edition of its ‘Nigeria Development Update’ report 2021. …

The internal crisis rocking the All Progressives Congress may not fizzle out any time soon as aggrieved factions of the party have shifted the battlefield to court after the national leadership of the party inaugurated state chairmen not in their camps. Some factions also accused the APC of contempt of …