Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data.
Data obtained from the Nigerian Upstream Petroleum Regulatory Commission confirmed that Nigeria produced a total of 408,680,457 barrels of crude oil in 2024.
With condensate included, total oil production for 2024 was 566.79 million barrels, NUPRC data added.
Statista Research Department, a global statistical firm, reported on...
President Bola Tinubu on Wednesday in Abu Dhabi advocated the need for global synergy in addressing sustainable development.
He said Nigeria is not averse to working with other nations to build a resilient, equitable, and sustainable world for all.
The President’s clarion call came on the second day of the 2025 Abu Dhabi Sustainability Week with the theme: “From Climate Imperatives...
Governor Lucky Aiyedatiwa of Ondo State has approved the dissolution of the State Executive Council with immediate effect.
This was announced in a statement by his Chief Press Secretary, Prince Ebenezer Adeniyan, on Wednesday in Akure.
The governor, according to the statement, exempted two members of the cabinet from the dissolution due to the critical nature of their duties.
Charmingpro reports that...
The Deputy Governor of Ogun State, Noimot Salako-Oyedele, on Wednesday reportedly escaped an attack by representatives of student bodies during a protest in Abeokuta.
Salako-Oyedele was on her way to 35 Artillery Brigade Alabama, Abeokuta, to represent Governor Dapo Abiodun at a ceremony organised to mark the 2025 Armed Forces Remembrance Day when her convoy met the protesting students.
The demonstration...
Nigeria’s inflation rate surged to 34.80 percent in December 2024 from 34.60 percent in November.
This is according to the latest Consumer Price Index and inflation data released on Wednesday by the National Bureau of Statistics, NBS.
While the country’s inflation continues to rise, the Centre for the Promotion of Private Enterprise, CPPE, has identified tips for its moderation.
The December inflation...
The Joint Committee on Livestock Development of the Senate and House of Representatives has rejected the 2025 budgetary provision of N11.8 billion for the takeoff of the newly established Federal Ministry of Livestock Development.
The committee chairman, Sen. Musa Mustapha said lawmakers are aware of enormous challenges associated with taking off a ministry, hence, they will look into the budget...
The National Assembly has stepped down the 2025 budget for the Ministry of Information and National Orientation.
Chairman, Senate Committee on Information and National Orientation, Senator Kenneth Eze made this known in a viral video on X, Tuesday during the Ministry’s budget defence.
This comes as the committee summoned the minister in charge of the ministry, Mohammed Idris, to appear before...
Tension in the Southeast has greatly reduced since the arrest of Finland-based Biafra agitator, Simon Ekpa.
This was disclosed by the Chief of Defence Staff, General Christopher Musa, while appearing before the House of Representatives Committee on Defence to defend the 2025 budget on Tuesday.
Musa also disclosed that the sit-at-home is gradually fading away with Ekpa’s arrest, adding that Operation...
The Nigerian Institute of Public Relations, NIPR, has declared that practicing public relations under any guise without NIPR certification is a criminal offense, punishable by fine, imprisonment, or both.
NIPR National President Dr Ike Neliaku disclosed this while speaking at a national press conference and investiture of Jigawa State Governor Umar Namadi as patron of the institute at Sir Ahmadu...
The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.
The fines total N1.35bn, with each of the banks fined N150m.
The banks were found culpable after spot checks revealed non-compliance with the Central Bank’s cash distribution guidelines.
A statement released...
