Inflation refers to the sustained increase in the general price level of goods and services in an economy over a period of time. The consistency of the general price level can wreak havoc on personal finances and the broader economy. Nigeria’s economy, faced with soaring inflation rates, challenges the conventional wisdom of keeping money in a bank […]
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, stressed that the 19 oil blocks put forward for sale under the 2024 bidding round are not for politicians. They are for investors with financial capacity and technical competence. Senator Lokpobiri said in the past, the award of oil blocks culminated in the non-development of over[…]