Kerosene Price Stood at N1,354.40 in March – NBS
Kerosene Price Stood at N1,354.40 in March – NBS The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N1,340.94 recorded in…
Average Price of 5kg Cooking Gas Stood at N6,591.62 in March- NBS
Average Price of 5kg Cooking Gas Stood at N6,591.62 in March- NBS The National Bureau of Statistics (NBS), says the average price of 5kg cooking gas increased from N6,154.50 recorded…
GCR Ratings Revised Outlook on Zedcrest Capital to Negative
GCR Ratings Revised Outlook on Zedcrest Capital to Negative GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of BBB-(NG) and A3 (NG) respectively, accorded to…
Oil Plunged by 4% amidst Israel-Iran Power Tussle
Oil Plunged by 4% amidst Israel-Iran Power Tussle In the global commodity market, crude oil prices saw sharp weekly decline following Israel counterattacks against Iran while reports disclosed that the…
NNPC Ltd., First E&P Begin Crude Oil Production at OML 85
NNPC Ltd., First E&P Begin Crude Oil Production at OML 85 The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its joint venture partner in OML 85, First Exploration and…
Naira Best Performing Currency Globally, Says CBN
The Central Bank of Nigeria (CBN) governor Yemi Cardoso says the apex bank’s FX reforms have made the naira the best-performing currency globally. Nigeria’s currency lost massively against major currencies…
Enugu Govt Cautions NERC, EEDC Against Overcharging Electricity Consumers
Enugu Govt Cautions NERC, EEDC Against Overcharging Electricity Consumers The Enugu State Government says it will not condone any act of overcharge or extortion of electricity consumers in the state…
Utilising Gas Resources in States will Resuscitate Ailing Industries – Ekpo
Utilising Gas Resources in States will Resuscitate Ailing Industries – Ekpo The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo, says if gas resources available in the states are…
Nigeria’s Total Debt Rises to N97trn in Q4-2023
Nigeria’s Total Debt Rises to N97trn in Q4-2023 Nigeria’s public debt stock as at December 31, 2023 has hit N97.341 trillion or 108.229 billion dollars, data released by the Debt…
NASCON Suspends Merger Plans with Dangote Sugar/Rice
NASCON Suspends Merger Plans with Dangote Sugar/Rice Nascon Allied Industries Plc (NASCON) says it has suspended its proposed merger with Dangote Sugar Refinery Plc and Dangote Rice Ltd. Mr A.…