IOC Says Nigeria Lost N2.3trn Revenue To Oil Theft In 12 Months   Nigeria has lost an opportunity to produce and sell about 65,700,000 barrels of oil in the last one year due to issues bothering on pipeline vandalism and the...

Kerosene Price Rose By 102.37% In One Year - NBS   From N3,778.30 per five kilogramme of the Liquefied Petroleum Gas (LPG) in March, last year, the average average retail price rose to N4,610.48 last month. The National Bureau of Statistics (NBS)...

70% Of NNPC’s AKK Gas Pipeline Delivered, Project Not Abandoned – Kyari   The Nigerian National Petroleum Company Limited (NNPC) has spent $1.1 billion (about N506.6 billion) on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, delivering 70 per cent of the trunk...

Corporate Bonds Listing Rises By 51% To N1.50trn   The value of outstanding corporate bonds listed on the FMDQ Securities Exchange (FMDQ) rose Year-on-Year (YoY) by 50.9 percent to N1.498 trillion in February 2023 from N993.57 billion in the corresponding period...

'Diaspora Nigerians Remitted $168bn In Eight Years'   The Nigerian Diaspora community has remitted $168.33bn to the country in the past eight years, according to World Bank reports collated by our correspondents. This is as foreign investments inflow into the country fluctuated...

CBN Defends Forex Ban On Stockfish Importation   The Central Bank of Nigeria, has said that the foreign exchange restriction imposed on importation of stockfish was to resuscitate the domestic fishery industries, conserve foreign exchange (forex), and improve employment generation. This follows...