Nigeria Lost N16.25trn to Crude Oil Theft in 12 Years - Abbas
Speaker of the House of Representatives, Tajudeen Abbas says Nigeria lost N16.25 trillion to crude oil theft between 2009 and 2020.
The speaker said this while inaugurating the ad hoc committee to investigate crude...
Update: Nigeria’s Trade Deficit Rises to N5.7 Trillion in H2
The Foreign Trade Statistics report shows that Nigeria’s trade deficit in the second quarter of 2023 has hit N5.7 trillion.
According to the recent report release by the National Bureau of Statistics (NBS) on Thursday, Nigeria’s...
JUST IN: Nigeria’s Trade Deficit Rises to N5.7trn in H2
The National Bureau of Statistics latest report on Foreign Trade Statistics says Nigeria’s trade deficit in the second quarter of 2023 stood at N5.7tn.
According to the report released on Thursday, Nigeria’s total trade stood at...
Ports 6,000 Overtime Cargoes Unclaimed, Impede Trade - FG
The Minister of Marine and Blue Economy, Gboyega Oyetola, decried the sorry state of the nation’s seaport, saying the presence of about 6,000 unclaimed cargoes scattered around Tin-Can Island and Apapa ports in the Lagos area...
Consumers Kick Against 40% Electricity Meters Price Hike
The Nigerian Power consumers have opposed the increase in the prices of meters, calling on the government to consider Nigerians' plight and reverse the price hike.
The Federal Government, on Wednesday, announced an increase in the prices of...
OPEC Warns FG as Refining Capacity Crashes to 6,000b/d
The Petroleum Exporting Countries recent report has revealed that Nigeria's crude oil refining capacity has further reduced to just 6,000 barrels per day.
In its latest Annual Statistical Bulletin 2023, OPEC said the country’s capacity to refine...
