Business

FG announces N500bn COVID-19 stimulus package

Isaac UmunnaComment(0)

Federal government has announced a N500 billion COVID-19 Stimulus package. The Minister of Finance Budget and National Planning, Mrs. Zainab Ahmed, disclosed this at a conference in Abuja. She also announced the downward review of the Budget 2020 crude oil benchmark from the original $57 bpl to $30 bpl.  Vanguard

Pix: Minister of Finance Budget and National Planning, Mrs. Zainab Ahmed

 

Isaac Umunna

Related Articles
Business

NPA Management interacts with stakeholders at Lagos Port

Isaac Umunna

By Foster Obi As part of efforts to boost port operations, the Nigerian Ports Authority (NPA) had an interactive session with stakeholders at the Lagos Ports Complex (LPC), Apapa. Pix shows the representative of the Managing Director NPA, the Executive Director, Marine and Operations, Dr Sokonte Huttin Davies (Standing 6th From Left), the Executive Director, […]
Business

NNPC records N14.32bn revenue drop

Isaac Umunna

The Nigerian National Petroleum Corporation (NNPC) has recorded a revenue drop of N14.32 billion in its group operating revenue for the month of May 2017, representing a 4.4 per cent decrease against its April revenue. This is even as the corporation said it recorded only 55 incidents of pipeline vandalism in May 2017 as against […]
Business

Total to go ahead with Ikike oil project in Nigeria

Isaac Umunna

French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said on Monday. Total is one of the strongest players in the African oil sector, holding more proven reserves […]