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Economy

Algeria’s GDP to Increase by 4% in 2024 – AfDB

Algeria’s economic recovery is strengthening and its gross domestic product (GDP), which increased by 3.6% in 2022 and 4.2% in 2023, is set to...

Nigeria’s Public Debt Jumps to N121.67 Trillion

Nigeria’s total public debt (domestic and external) stood at N121.67 trillion as at the end of first quarter (31/03/24) of this year. The Debt...

Nigeria’s Economy Expands by 2.98% in Q1 2024

The Nigerian economy expanded by 2.98% y/y in real terms in the first quarter of this. According to figures released by the National Bureau...

NNPC E&P Ltd, NOSL Hit First Oil in OML 13, Akwa Ibom State

NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil...

NNPC Woos South Korean Investors for Gas Projects

The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E & C on the development...

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