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Electricity Supply Records Marginal Drop
Electricity supply in Nigeria recorded a marginal drop on Wednesday to 76,375.48MWh. According to the Transmission Company of Nigeria, TCN,...
NED indicates customer stagnation
Electricity distribution companies’ customer registration exercise has been stagnant at 10 million for the past two years. The Association of...
Nigerian Exchange Loses N41.46 billion
The Nigerian exchange lost N41.46 billion in capitalization on Wednesday. The All-share Index lost 0.14% from 53,270.88 basis points to...
Foreign investment in Agricultural Sector drops by 99%
Capital importation into Nigeria’s agriculture sector fell by 99.23 per cent from $237.83m in the fourth quarter of 2021 to...
Nigeria’s imports from China rise by 183.91%
Nigeria’s import from China rose by 183.91 per cent from N530.98billionn in the first quarter of 2018 to N1.51trillion in...
Nigeria’s Public Debt Climbs by N2.04tn in Q1of 2022
The Debt Management Office, DMO, has said Nigeria’s total public debt stock increased to N41.60trillion in the first quarter of...
Price of Cooking Gas Increases
The price of cooking gas recorded an increase in the month of June 2022 compared to May 2022. Speaking with...
Crude oil exports hit N5.6trillion in three months
Nigeria’s crude oil exports jumped to N5.6trillion in the first quarter of 2022. According to the National Bureau of Statistics,...
Nigeria’s Weapon Import Falls to N4.9 billion in Q1 2022
Nigeria imported arms and ammunition worth N4.89 billion in the first quarter of 2022. According to reports, this represents an...
Exchange Rate Closes at N419.75/$1
The exchange rate between the naira and the US dollar closed at N419.75/$1 at the Investors and Exporters window. Naira...
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