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According to Nigeria’s National Security Advisor (NSA), Nuhu Ribadu, 400,000 barrels of crude oil are lost to thieves and economic saboteurs every day. On Saturday,
In the black market on Wednesday, the Naira, the currency of Nigeria, fell to N900 per USD. The Naira was trading at N773.42 on the
Benin, Togo, and Niger’s foreign consumers owe Nigeria N132.2 billion in unpaid electricity bills from 2018 to the first quarter of 2023. The sum owed
According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the country’s average daily use of Premium Motor Spirit (PMS), often known as gasoline,
According to the most recent oil production figures released on Sunday, Nigeria lost roughly N24 billion in revenue from crude oil in July as a
The average cost of bus travel inside Nigerian cities increased from N649.59 in May 2023 to N1,285.41 in June 2023, according to a report by
According to the Nigerian energy Regulation Commission (NERC), the Federal Government spent a total of N36 billion to subsidize the nation’s energy usage in the
After considering the pros and drawbacks of switching to a third-party distribution strategy for its medicines and consumer healthcare products, GlaxoSmithKline (GSK) Nigeria (GLAXOSM.LG) said
For the second quarter of the year ending June 30th, 2023, Nigeria Breweries Plc recorded an exchange rate loss of N70.6 billion. This is in
The Nnamdi Azikiwe International Airport (NAIA), Abuja, taxi service has been halted by the Federal Airports Authority of Nigeria (FAAN). Director of Public Affairs and
