Buhari celebrates Nigeria’s 5% GDP in Q2, assures “there is much to be optimistic about”

26 august 2021 - 18:27:38
Abuja, Nigeria (PANA) – President Muhammadu Buhari on Thursday welcomed the 2nd Quarter (Q2) 2021 report by the Nigerian Bureau [...] Full text...

thread Economy

Niger Delta militants threaten fresh violence against oil, gas Installations over Petroleum Industry Law

23 july 2021 - 20:39:54
Abuja, Nigeria (PANA) - A militant group, the Niger Delta Revolutionary Crusaders (NDRC), Friday threatened to resume violence against oil [...] Full text...

thread Society

Nigeria, UK discuss Twitter ban, Media regulation

01 july 2021 - 19:37:08
Abuja, Nigeria (PANA) – The High Commissioner of the United Kingdom (UK), Ms. Catriona Laing, and Nigeria’s Attorney General and [...] Full text...

thread Society

Coronavirus: Pandemic exacts heavy toll on Nigerian economy, GDP contracts - IMF

12 december 2020 - 09:02:17
Abuja, Nigeria (PANA) - The COVID-19 global pandemic has exacted a heavy toll on the Nigerian economy, which was already [...] Full text...

thread Economy

Nigeria: 6th African petroleum congress, exhibition opens in Abuja

14 march 2016 - 18:16:45
Abuja, Nigeria (PANA) - The 6th African Petroleum Congress and Exhibition (CAPE VI), organized by the African Petroleum Producers Association [...] Full text...

thread Economy

Nigeria: Group laments drop in business confidence index

04 august 2014 - 09:08:45
Lagos, Nigeria (PANA) - Nigeria’s foremost business group has expressed concern at the drop of the aggregate Business Confidence Index [...] Full text...

thread Economy

South Africa: Africa’s oil & gas sector continues to grow, despite corruption

23 july 2014 - 17:17:36
Johannesburg, South-Africa (PANA) - The challenges facing oil & gas companies operating in Africa continue to be diverse and numerous, [...] Full text...

thread Economy

Nigeria: Senate faults former CBN Governor, says US$49.8b oil money not missing

10 july 2014 - 17:20:20
Abuja, Nigeria (PANA) – The Nigerian Senate Thursday formally faulted the allegation by former governor of the Central Bank of [...] Full text...

thread Economy

Nigeria: US stops importation of crude oil from Nigeria

04 june 2014 - 18:16:20
Abuja, Nigeria (PANA) – Nigerian Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, Wednesday announced that the United States of America [...] Full text...

thread Economy

Cameroon: Cameroon targets 6% growth rate in 2014

22 april 2014 - 12:57:45
Yaoundé, Cameroon ( PANA) - Cameroon targets a growth rate of at least 6 percent, in addition to reaping in [...] Full text...

thread Economy

Nigeria: Panel decries declining gross external reserves

21 january 2014 - 18:16:05
Abuja, Nigeria (PANA) – Nigeria’s Monetary Policy Committee (MPC) Tuesday expressed worry that the nation’s gross external reserves are depleting. [...] Full text...

thread Economy

Nigerian parliament moves to help stem oil theft in Niger Delta

11 december 2013 - 18:54:04
Abuja, Nigeria (PANA) – The Nigerian House of Representative Wednesday began moves to help address the incessant and unbridled theft [...] Full text...

thread Economy

Nigeria strives to regain lost pace in oil, gas production

08 october 2013 - 07:14:33
Dar es Salaam, Tanzania (PANA) - Nigeria's hydrocarbon sector is struggling to revive the dynamism and interest it lost over [...] Full text...

thread Economy

Jonathan explains Africa's inability to realise full economic potential

08 may 2013 - 18:40:14
Lagos, Nigeria (PANA) - "Inadequate and poor infrastructure in Africa remains a major constraint to the continent's realisation of [...] Full text...

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Henry Okah's jail term, oil theft, subsidy highlighted in Nigeria

30 march 2013 - 15:37:28
Lagos, Nigeria (PANA) - The sentencing of Henry Okah to 24 years in jail, oil theft, government's latest stand on [...] Full text...

thread Press Review

Nigerian bourse woos foreign investors

17 january 2013 - 17:46:21
Lagos, Nigeria (PANA) - The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, has called on foreign [...] Full text...

thread Economy

Opposition, media slam alleged Nigerian govt. profligacy

04 december 2012 - 16:09:49
Lagos, Nigeria (PANA) - Nigeria's federal government has come under attack from the opposition and the media over its alleged [...] Full text...

thread Politics

Jonathan receives reports of 3 petroleum sector reform panels

02 november 2012 - 18:51:06
Abuja, Nigeria (PANA) - President Goodluck Jonathan Friday received the comprehensive reports of three committees set up by the Nigerian [...] Full text...

thread Politics

Oil sector reform: Nigerian govt. scraps 2 powerful agencies

21 july 2012 - 14:43:14
Lagos, Nigeria (PANA) - The Nigerian government has scrapped the powerful Department of Petroleum Resources (DPR) and the Petroleum Products [...] Full text...

thread Economy

Nigerian national assembly gets authentic Petroleum Industry Bill

18 july 2012 - 17:42:03
Abuja, Nigeria (PANA) - The Nigerian Government Wednesday submitted the final certified copy of the Petroleum Industry Bill (PIB) to [...] Full text...

thread Economy

Nigerian bourse on recovery path - CEO

24 january 2012 - 09:53:36
Lagos, Nigeria (PANA) - Last year was not a good one for local and foreign investors on the Nigerian Stock [...] Full text...

thread Economy

Jonathan's 2012 budget, appeal over subsidy, ASUU strike reported in Nigeria

17 december 2011 - 11:56:17
Lagos, Nigeria (PANA) - President Goodluck Jonathan's budget of "fiscal consolidation, inclusive growth and job creation," his passionate appeal to [...] Full text...

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Nigeria's apex bank raises monetary rate to 12%

11 october 2011 - 08:10:59
Lagos, Nigeria (PANA) - The Central bank of Nigeria (CBN), has raised the monetary policy rate (MPR) from 9.25% to [...] Full text...

thread Economy

Nigeria produces 2.5 million bpd of crude oil, forecloses hike in OPEC quota

05 july 2011 - 17:58:14
Abuja, Nigeria (PANA) - Nigeria now produces 2.5 million barrels of crude oil per day (bpd), the Group Managing Director [...] Full text...

thread Economy

'No removal of petroleum subsidy now in Nigeria'

29 june 2011 - 18:28:43
Abuja, Nigeria (PANA) - Nigeria will not remove fuel subsidy now, despite calls for such by the umbrella Nigerian Governors’ [...] Full text...

thread Economy

'Nigerian MPs demand bribe to pass bills'

10 may 2011 - 09:37:34
Lagos, Nigeria (PANA) - Some members of Nigeria's National Assembly (parliament) have demanded bribes totalling more than US$20 million before [...] Full text...

thread Society

Jonathan: Nigeria to reform oil, gas sector

22 february 2010 - 23:08:00
Abuja- Nigeria (PANA) â" Nigeria's Acting Presiden-t, Dr Goodluck Jonathan, on M onday said the Federal Government's determination to reform [...] Full text...

thread Economy

Yar'Adua lists achievements as Nigeria celebrates democracy day

29 may 2009 - 09:26:00
Abuja- Nigeria (PANA) -- Nigerian President Umaru Musa Yar'Adua says his governme nt made tremendous impact in a number of [...] Full text...

thread Politics