Nigerians and their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said.

The Accident Investigation Bureau (AIB) has denounced the rumour making the rounds that Air Peace plane crashed in Ilorin, Kwara State on Friday.

The National Bureau of Statistics (NBS) has said prices of food have continued to rise on a month-on-month basis, as its reports show a steady increase in prices in the month of June, 2021.

The Central Bank of Nigeria CBN has said that it will launch the pilot scheme of its digital currency on October 1st, 2021.

The Federal Government has assured of its commitment to the implementation of the Extractive Industries Transparency Initiative (EITI) in the oil, gas, and mining industries of Nigeria.

Considering the success of the N200 million fund disbursement to artisanal miners, the Ministry of Mines and Steel Development may expand the programme to benefit more small scale miners.

Mr Olamilekan Adegbite, the Minister of Mines and Steel Development, says Ajaokuta Steel Company Ltd. will function to capacity before the end of President Muhammadu Buhari’s administration.

The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have decided to adjust upwards their overall production by 0.4 million barrels per day (mbd).

The National Bureau of Statistics (NBS) says the average price per litre paid by consumers for National Household Kerosene increased to N370.29 in June from N363.50 in May.

Nigeria’s inflation rate fell for the third consecutive month in June to 17.75 per cent from 17.93 per cent recorded in May, amid an accelerating increase in food prices, the National Bureau of Statistics said.

First Bank of Nigeria Ltd has economically empowered Firstmonie agents with the sum of N100 billion through its agent credit scheme.

The Vice President, Prof. Yemi Osinbajo, has called for a review of the Nigerian Ports Authority (NPA) dues on the Premium Motor Spirit (PMS) also known as petrol to reduce pressure on the price of the product in the country.