The US imported a total of 28.53 million barrels of crude oil from Nigeria in the third quarter of last year, up from 18.88 million barrels in the same period in 2016. It appears the coast is clear for Nigeria to resume reaping bountifully from its abundant crude oil deposits. You see, part of the […]
The DPR sealed a filling station in Kubwa, a suburb of Abuja, for allegedly selling petrol above 145-naira and thereafter gave out the product free to motorists. Fuel Has become a precious commodity and the best Christmas gift one can give this season. That is why the government through the Department of Petroleum Resources, DPR […]
Nigeria’s nation’s Gross Domestic Product (GDP) grew in third quarter (Q3) 2017 by 1.40% (year-on-year) in real terms, the second consecutive positive growth since the emergence of the economy from recession in Q2 2017. This growth is 3.74% points higher than the rate recorded in the corresponding quarter of 2016 ( –2.34%) and higher by […]