Power Generation Suffers Loss Over Gas Supply   Gas supply needed to boost generation dropped to 17,464 million standard cubic feet (mmscf) within the last 24 days in March, as against 21,521 mmscf recorded in February. Data from the Office of Vice President, Prof. Yemi Osinbajo, indicated...

Nigeria Losing 500mmscf Of Gas Daily   The Nigerian National Petroleum Corporation stated on Monday that on a daily basis, over 500 million standard cubic feet of gas were being shut in by producers as a result of the problems in the power sector. According to the...

Nigeria’s PR Sector Records 20% Drop in Profitability - Report   The Public Relations Industry has suffered a decline in profitability, as competing practices continue to encroach on the public relations space, Nigeria PR Report has revealed. Published by BHM Research and Intelligence, the 2018 Nigeria PR...

As MTN, Diamond Bank Shares Plunge Over Fine, Investors Lose N99bn The market capitalization of the Nigerian Stock exchange (NSE) fell by N99.4bn to N12.8tn following sale pressures in bellwethers -GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC (-2.6%) and ZENITH (-1.6%). The MTN Group shares in South Africa...

In 3months Nigeria Loses N72bn To Gas Flaring Oil and gas companies operating in the country flared a total of 85.81 billion standard cubic feet of natural gas in the first three months of the year, causing the country an estimated loss of N72.41bn. Data obtained...

Stock Market Loses N320bn On Political Uncertainties, Profit-taking   With two weeks into the second half (H2) of the year, the Nigerian equities market has lost a total of N320 billion following weak demand by investors who are adopting cautious trading. The stock market, which ended 2017,...