NGX Down by 0.66%, Falls to N259bn over BUA Cement, Lafarge Loss Losses recorded in the equities of some medium-cap companies dragged the market capitalisation of the Nigerian Exchange Limited to a loss of N259bn on Monday. Atop the losers’ chart was BUA Cement whose shares...

NBS: Oil Revenue Rises 83% to N8.5tn in 2023 – Report National Bureau of Statistics says Nigeria's foreign trade in the third quarter of 2023 rose by 53.16 per cent year-on-year to N 18.80tn. This is as crude oil revenue surged by 83.23 per cent to...

FG to Revoke Unused Oil Licences, Award New Leases The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities on...

US Group Decries Human Rights violation in Emefiele's Trial The Conference of Nigerian Intellectuals in the United States has alleged human rights violations in the ongoing trial of the former Governor of the Central Bank of Nigeria, Mr Godwin Emefiele in Nigeria. The group led by...

Again, Lagos Leads FAAC Allocations in First Eight Months of 2023 By Zekeri Idakwo Lagos State has once again received the highest amount of revenue from the Federation Account Allocation Committee (FAAC) in the first eight months of 2023, according to the data obtained from the...

Climate Change: Saudi Records 300% Renewable Energy Boost, Plants 43.9m Trees  By Zekeri Idakwo The Kingdom of Saudi Arabia through King Mohammed Bin Salman had on Monday during the third edition of the Saudi Green Initiative (SGI) Forum in conjunction with the twenty-eighth session of the...