Over $300 billion losses in oil investments in three years – Kachikwu
“For the first time in the oil sector, the decline in the oil price resulted into loss of jobs.
Poor infrastructure costs Nigeria N2.03 trn yearly– ICRC
Nigeria’s 2016 nominal GDP is N101.59 trillion and two per cent of that figure is N2.03 trillion.
World Bank to evaluate Nigerian states on Ease of Doing Business
The World Bank Global Ease of Doing Business Ranking evaluates 190 countries.
Nigeria’s active telecoms subscribers reduced to 149 million in April — NCC
Active telecommunications service customers declined by 3,217,688 in April, as against 152,467,198 in March.
ANALYSIS: Nigeria, others hopeful as OPEC meets to extend oil output deal
The oil output deal led to a marginal increase in oil prices.
Nigeria foreign investment inflow declines 41 per cent; lowest in ten years
Lagos accounted for 95.32 per cent of capital imported into Nigeria in first quarter 2017.
Nigeria, others benefit as oil prices surge 3 per cent
The development came after Iraq and Algeria joined Saudi Arabia in supporting an extension to OPEC supply cuts.
As Naira appreciates, Bureau de Change operators lose N130 million in one week – Official
The Naira traded at N440 last Monday while it closed at N390 to the dollar on Friday.
Naira extends gain against dollar, sells at N440-N445 per dollar
An economist says CBN’s intervention is not sustainable.
Cost of refilling 5kg cooking gas cylinder increased by 5 per cent in February – NBS
States with the lowest average price, the report said, were Osun, Oyo and Ondo.
Nigeria’s telecom consumers spent $6.6 billion in 2016 – NCC
NCC unveils Ali Nuhu and Helen Paul as “Face of the Nigerian Telecom Consumer”.
Oil prices rise on output cuts, after initial plunge
Oil prices had plunged 5 per cent to their lowest levels in 2017 on Wednesday.
After recording N2 billion loss, Guinness Nigeria to offer N40 billion Rights issue
In 2015, Guiness Nigeria posted a Profit After Tax of N7.7 billion.
Nigeria’s state-oil firm, NNPC, lost N418.97 billion in 21 months – Report
Nigeria’s crude oil production dropped by about 27.2 per cent between January 2015 and September 2016.
Naira stabilises at N485 per dollar at parallel market
The Pound Sterling and the Euro closed at N602 and N515, respectively.