The Nigerian National Petroleum Company Limited has announced its goal to increase crude oil production to two million barrels per day by the end of the year. The country’s daily production rose from 1.27 million barrels in June to 1.6 million in July, according to the Nigerian Upstream Petroleum Regulatory Commission. Speaking during a meeting
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The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator in Lagos, Aliyu Sani, told The PUNCH that he sold dollars for N1705, and bought at 1,695/$. In Abuja, the rate was lower at N1,700.
PDP crisis: Atiku backs anti-Damagum NWC members
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Former Vice President Atiku Abubakar has thrown his weight behind the plot to unseat the acting National Chairman of the Peoples Democratic Party (PDP), Umar Damagum. The PUNCH learned on Sunday that Atiku reached out to members of the PDP National Working Committee (NWC) advocating for Damagum’s ouster. This move to remove Damagum has divided
We retained our rates due to hardship – Lagos sex workers
Commercial sex workers in Lagos have revealed that they maintain their rates due to the economic hardship in the country, citing the need to consider their customers’ financial constraints. The sex workers told Saturday PUNCH that the current state of the economy has severely impacted socio-economic activities, leading to a decline in the number of
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Commercial sex workers in Lagos have revealed that they maintain their rates due to the economic hardship in the country, citing the need to consider their customers’ financial constraints. The sex workers told Saturday PUNCH that the current state of the economy has severely impacted socio-economic activities, leading to a decline in the number of