Thursday , December 26 2024

Recent Posts

Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten

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 …

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World Bank Blames FG As High Inflation Worsens Poverty

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. …

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