HomeTagsCovid-19

Tag: Covid-19

Nigeria Wastes Gas Worth N115bn In Seven Months

Nigeria Wastes Gas Worth N115bn In Seven Months       International oil companies and local players in the nation’s oil and gas industry flared natural gas worth an estimated N114.79bn from January to July this year. The companies produced 1.64 trillion standard cubic feet of gas in the...

In Six Months, CBN Disburses $13.99bn Forex

In Six Months, CBN Disburses $13.99bn Forex       The Central Bank of Nigeria supplied $13.99bn into the market between January and June. The bank disclosed this in its quarterly statistical bulletin on ‘Supply of forex’ for the month of June. According to the CBN, the forex were supplied...

79 million Nigerians Extremely Poor In 2018 – W/Bank

79 million Nigerians Extremely Poor In 2018 – W/Bank       Nigeria has the largest poor population in sub-Saharan Africa, with 79 million extremely poor in 2018, the World Bank said in a new report on Wednesday. The country accounts for 20 per cent of the total poor...

Kano State, PRNigeria Centre Partner on Capacity Building, Information Management

Kano State, PRNigeria Centre Partner on Capacity Building, Information Management The Kano State Commissioner for Information, Mallam Garba Muhammad has promised to partner PRNigeria Centre Kano for capacity building programmes for Information officers in the state as he pointed out that the state is in...

Nigeria’s Debt Fast Becoming Unsustainable, May Reach N34trn – LCCI

Nigeria’s Debt Fast Becoming Unsustainable, May Reach N34trn – LCCI       The Lagos Chamber of Commerce and Industry has said the growing level of Nigeria’s debt is fast becoming unsustainable in the light of dwindling oil prices and production and might hit N34tn by year-end. The President,...

Stocks Hit More Than Five-year High, Gain N710bn

Stocks Hit More Than Five-year High, Gain N710bn       The Nigerian stock market sustained its positive outlook on Tuesday for the 12th trading session as the All-Share Index rose by 4.92 per cent to its highest in more than five years. The market capitalisation of equities appreciated...