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Greene: US Has Invested $200m in Nigeria’s Food Security in Last 5 Years

Greene: US Has Invested $200m in Nigeria’s Food Security in Last 5 Years David Greene, the US Acting Ambassador to Nigeria, recently stated that the United States government has invested $200 million in food security in Nigeria in the last five years. The US government also...

NNPC Will Trigger Nigeria’s Industrialisation, Economic Devt. With Gas Resources

NNPC Will Trigger Nigeria’s Industrialisation, Economic Devt. With Gas Resources  According to the Nigerian National Petroleum Company (NNPC) Ltd, it will utilize Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a...

Average Diesel Prices Soar by 50% in One Year – NBS

Average Diesel Prices Soar by 50% in One Year – NBS According to the National Bureau of Statistics (NBS), the average price of automotive gas oil (Diesel) paid by consumers jumping 50% over the past year, from N836.91 per litre in February 2023 to N1,257.06...

Average Diesel Prices Soar by 50% in One Year – NBS

Average Diesel Prices Soar by 50% in One Year – NBS According to the National Bureau of Statistics (NBS), the average price of automotive gas oil (Diesel) paid by consumers jumping 50% over the past year, from N836.91 per litre in February 2023 to N1,257.06...

Naira Rises by 4.55% after CBN Clears Outstanding FX Backlog

Naira Rises by 4.55% after CBN Clears Outstanding FX Backlog Following the Central Bank of Nigeria's (CBN) clearance of outstanding foreign exchange orders, the naira has appreciated by 4.55% to N1,492.61 per dollar. This marks a significant strengthening of the currency on the Nigerian Autonomous...

NGX Trading Falls as Investors Lose N468.4bn in Three Days

NGX Trading Falls as Investors Lose N468.4bn in Three Days Investors trading on the stock market segment of the Nigerian Exchange Limited (NGX) lost an estimated N468.4 billion of their investment in three-day as profit-taking persisted in fundamental stocks. As profit-taking persisted, the overall market capitalisation...