Tag: Report

Oil and gas giant, Shell Plc, has said around 50 per cent of total routine and non-routine flaring in its integrated gas and upstream facilities in 2023 occurred in assets ...

No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its ...

The official foreign exchange market, the Nigerian Autonomous Foreign Exchange Market, witnessed a 40.46 per cent drop in turnover to $4.37bn (N4.03tn) in January from $7.34bn recorded in December 2023. ...

The African share of global trade remained at less than three per cent, driven largely by merchandise trade in 2023, a report on the assessment of progress on regional integration ...

The country’s monthly petrol import was reduced by about 1 billion litres after President Bola Tinubu removed fuel subsidy in June, a report by the National Bureau of Statistics has ...

The banking sector received about $832.64m in foreign capital flow into Nigeria in 2023, which was about 60 percent lower than the inflow in 2022. An analysis of the latest ...

The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. ...

Gas valued at $1.9bn was flared in Nigeria between 2020 and 2024, a report by the Nigerian Gas Flare Tracker has revealed. The report stated that during the period under ...

The Nigerian National Petroleum Company Limited has said it spent a total of N1.65bn in 16 months as donations to various organisations and others not disclosed. This was contained in ...

The Nigerian Railway Corporation earned N286.78m from cargo transported by rail in the third quarter of 2023, according to the National Bureau of Statistics. NBS in its latest rail transportation ...