Auto Added by WPeMatico
Nigeria has lost an estimated $226.734 billion in revenue following the suspension of crude oil production across 96 wells in Ogoniland over the past 33 years, according to figures cited by Pipeline Infrastructure Nigeria Limited (Pipeline Infrastructure Nigeria Limited).
The post Nigeria loses $226.7bn to 33-year Ogoni Oil shutdown — PINL appeared first on Vanguard News.
The impeachment resolution is led by Yassamin Ansari, a Democratic Congresswoman from Arizona, and has slim chances of passing due to the Republican majority in the House.
The post US Democrats file impeachment articles against Defence Secretary Hegseth appeared first on Vanguard News.
By Obas Esiedesa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said that Nigeria’s oil production rose by 4.2 per cent to 1.546 million barrels per day (mbpd) in March 2026, compared to 1.483 mbpd recorded in February. In its oil production status report released yesterday, the Commission said crude oil production (excluding condensate) increased by […]
The post Nigeria’s daily oil production rises 4.2% to 1.54mbpd — NUPRC appeared first on Vanguard News.
By Babajide Komolafe The Nigeria Deposit Insurance Corporation, NDIC, has commenced moves to formally conclude the liquidation of 89 defunct Microfinance Banks, MFBs, and Primary Mortgage Banks, PMBs, whose operations were successfully transferred to new owners under its Purchase and Assumption, P&A, framework. In a statement signed by its Head of Communication and Public Affairs, Hawwau […]
The post NDIC commences process to conclude the liquidation of 89 MFBs, PMB appeared first on Vanguard News.
It came as US officials discuss possible peace talks with Iran after US-Israeli strikes on Tehran on February 28 engulfed the Middle East in war.
The post Iran arrests four alleged Israeli spies – State media appeared first on Vanguard News.
*Urges prudent use of oil windfall to rebuild buffers By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has indicated plans to provide up to $50 billion in financial support to Nigeria and other countries affected by the biting impact of the ongoing Middle East crisis. Managing Director of the IMF, Kristalina Georgieva, disclosed this […]
The post Middle East Crisis: IMF plans $50bn lifeline for Nigeria, others appeared first on Vanguard News.
By Emeka Anaeto, Business Editor World’s leading agricultural sector funding agency, the International Fund for Agriculture Development (IFAD) , an arm of the United Nations, is set to boost discussions on Nigeria’s agric and food sector at the upcoming 2026 Vanguard Economic Discourse. The 2026 edition of the Vanguard Economic Discourse is scheduled to hold next […]
The post IFAD to boost discussions at 2026 Vanguard Economic Discourse appeared first on Vanguard News.
•As CPPE cautions against monetary policy tightening By Yinka Kolawole & Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday, said the country’s headline inflation rate recorded the first increase in 12 months to 15.38 percent in March 2026 from 15.06 percent in February 2026. This indicates a halt in the downward trend recorded in the past […]
The post Nigeria’s inflation rate rise to 15.38% after 11 months decline appeared first on Vanguard News.
The Nigerian Naira demonstrated a firming trend against the United States Dollar in the early hours of Thursday, April 16, 2026, as increased market supply and strategic policy measures continued to influence currency valuations.
The post Dollar to Naira exchange rate today, April 16, 2026 appeared first on Vanguard News.
Lawal added that while the ADC has solutions to Nigeria’s problems, its immediate priority is to dislodge the current administration.
The post 2027: APC will lose woefully in free and fair election — Babachir Lawal appeared first on Vanguard News.