Refineries Lost N152.08bn In 15 Months Of Being Idle         The nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle, the latest data from the Nigerian National Petroleum Corporation have shown. Analysis of data collated from NNPC monthly reports revealed that all...

Stock Market Decline By N25bn On Profit-taking       The Nigerian equity market, on Thursday, returned to negative trajectory as investors continued to take profits to increase capital gains. The Nigerian Stock Exchange All-Share Index declined by 0.12 per cent as bargain hunters continued to take profits from...

Equity Market Extends Loss By N16bn       Transactions in the Nigerian equity market on Tuesday closed on a negative note, as losing streak extends to the second consecutive trading day, following sell-off on some high-valued stocks. However, the market breadth closed positive, recording 43 gainers and 21...

Stock Market Suffers N393bn Loss On Profit-taking         The equities market closed on a negative note on Tuesday, declining by 1.83 per cent as profit-taking hit the market following investors’ moves to increase capital gains. The Nigerian Stock Exchange All-Share Index dropped by 751.25 basis points or...

44,068MW Stranded As Power Sector Loses N645.15bn         The cumulative revenue lost by the power sector in 2020 was N645.15bn, while the total quantum of electricity constrained during the period was 44,068 megawatts, investigation has shown. Constrained power is the quantum of electricity that could not be...

We Lost N1bn To #EndSARS Protests - NPA         The Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, told the Senate on Monday that the agency lost more than N1bn when some unidentified people vandalised its facilities during the recent #EndSARS protests in October this...