Economy

ANRiN programme: Reps to probe ₦350 billion mismanagement 

The House of Representatives has resolved to investigate alleged mismanagement of ₦350 billion in the implementation of Accelerating Nutrition Results in Nigeria (ANRiN). The resolution...

Seplat Energy completes acquisition of MPNU from ExxonMobil

Seplat Energy Plc has completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. According to The PUNCH, the transaction is transformative for Seplat...

Oil production surges by 9.9%: FG

The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November...

NAFDAC cracks down on alcoholic beverages in small sachets, pet bottles in Imo

The National Agency for Food and Drugs Administration and Control (NAFDAC), has begun seizure of alcoholic beverages in small sachets and pet bottles in...

Economic activities face second month of contraction, CBN PMI reveals

Economic activities in Nigeria have recorded a second consecutive month of contraction, as shown in the November 2024 Purchasing Managers Index (PMI) released by...

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