External Reserves Decline By $1.1bn In One Month     External reserves dropped by $1.1bn in February, according to statistics obtained from the Central Bank of Nigeria on Monday. The reserves which stood at $36.19bn as of February 1 fell to $35.09bn as of February 26. The Central Bank...

Shell Pays $1.1 Billion In Royalties And Corporate Taxes     Shell Petroleum Development Company (SPDC) Joint Venture (JV) Shell Nigeria Exploration and Production Company (SNEPCo) paid $1.1 billion to the Federal Government in form of royalties and corporate taxes in 2017. The company said in 2017 Sustainability...