Economy

The increment in the price of crude oil at the international market has pushed the price of Premium Motor Spirit (PMS) landing cost to N160 per litre. The Guardian learnt yesterday in Abuja that while the landing cost was N160 as at…

The Culture Secretary has announced today (Wednesday 20 May) that £150 million from dormant bank and building society accounts is to be unlocked to help charities, social enterprises and vulnerable individuals during the coronavirus…

The Kogi State chapter of the Council of Ulama of Nigeria, has disbursed N2.5 million as Zakat to 63 needy persons in the state, an official of the council has announced in Lokoja. Handing over the money to the beneficiaries on Saturday,…

Acquires 45% of OML 17 from Shell, Total and ENI Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent Estimated Additional 1…

The National Bureau of Statistics (NBS), says residents of Abia, Kebbi and Kwara states, paid the highest amount for Premium Motor Spirit (PMS), popularly referred to as petrol, in December 2020. The NBS said this in its “Premium Motor…

New Partner For Africa Development, NEPAD and Lagos State are partners in new plans by Kwara State to evolve a food security plan that would generate jobs and reduce poverty, elombah.com has gathered. Governor AbdulRahman AbdulRazaq of…

The inflation rate in Nigeria reached its highest in December standing at 15.75 per cent, away from the 14.89 per cent in November, according to data released by the National Bureau of Statistics (NBS) on Friday. The latest rate marks…

bulls maintained leadership position on the Nigerian Stock Exchange (NSE) on Friday with the All-Share Index crossing 41,000 mark due to gains by blue chips. Specifically, the index which opened at 40,963.14 improved by 213 points or…

First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be…

On Dec. 8, someone made a simultaneous transfer of 28.15 bitcoins — worth more than $500,000 at the time — to 22 different virtual wallets, most of them belonging to prominent right-wing organizations and personalities. Now…