Cooking Gas Price Rises By 17%   The price of Liquefied Petroleum Gas (LPG) otherwise known as cooking gas, has risen by 17 per cent in October 2023 as the 12.5kg now sells at N10,250 from N8,500 recorded in August 2023. This is even as the price...

Investors Gain N213bn As Equity Market Rebounds   The Nigerian Exchange Limited (NGX) on Tuesday halted seven days of bearish trading to close the market with a gain of N213bn for investors. Both the All-Share Index and the Market capitalisation rose by 0.59 per cent to 66,770.97...

FG Says 23 Oil Blocks Failed to Produce Crude   No fewer than 23 oil blocks managed by both international and local oil companies, which are under crude oil Production Sharing Contracts with the Nigerian National Petroleum Company Limited (NNPCL) failed to produce crude or were...

Domestic Airfares Rise 21% to N79k in One Year - Report The National Bureau of Statistics (NBS) says the average price of domestic flight tickets in Nigeria rose to N79,011 in a year. The NBS disclosed this in its recent ‘Transport Fare Watch’ report for August...

Stock Market Closes Big with 29.52% Gain in Q3 The Nigerian Stock Exchange (NGX) All-Share Index appreciated by 29.52% to close at 66,382.14 index points in the third quarter of 2023. This development has pushed the market to its 15-year high on the back of strong...

DMO Offers FGN Bonds With 12% Interest The Debt Management Office (DMO) has initiated the subscription process for two-year and three-year Federal Government of Nigeria bonds for October with an interest rate of up to 12%. This announcement was made in a statement on the DMO’s...