Monday, June 22, 2020 Global gas glut leaves Nigeria’s LNG unsold, threatens N80bn dividend Dividend accruable to cash-strapped Nigeria from Liquefied Natural Gas (LNG) is under threat, a development that might adversely affect its Economic Sustainability Plan to improve crumbling infrastructure and poor services in Africa’s largest economy. In Nigeria, the natural gas sector is…
DetailsFriday, June 19, 2020 FG designates seven minerals to boost economy The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the Federal Government has designated seven of the country’s strategic minerals to unlock the potential in the mining sector…Read more. Farmers, processors, others to get N432bn –CBN The Central Bank of Nigeria on…
DetailsThursday, June 18, 2020 Nigeria, others expect oil market to recover in H2 Nigeria and other members of the Organisation of Petroleum Exporting Countries have said the global oil market will recover in the second half of this year…Read more. Naira slumps to 452/$ as speculations, debt weaken market The dollar exchanged for N452 at…
DetailsWednesday, June 17, 2020 Nigeria’s economy seen in sharp plunge in Q2 with 91% of sectors trodden by virus Nigeria’s economy is forecast to see a sharp plunge in the second quarter (Q2) of 2020 with 91 percent of sectors ravaged by the coronavirus pandemic, according to early estimates by Yemi Kale, the country’s chief…
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