Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and excess capacity in Europe, sending…
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Category: Economy
Nigeria’s daily crude production in 2018 stood at 2.019m barrels – NNPC
The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about 2.019 million barrels in 2018. The NNPC Group Managing Director, Dr Maikanti…
Read More Nigeria’s daily crude production in 2018 stood at 2.019m barrels – NNPC
Over 5m Nigerians still unmetered -NERC
The Nigerian Electricity Regulatory Commission (NERC) on Monday said over five million Nigerian electricity consumers were unmetered. Abdulkadir Shettima, NERC General Manager, disclosed this at the launch of a Mojec…
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Fuel queues to cause by logistics gap – Kachukwu
Ibe Kachikwu, Minister of State, Petroleum Resources, has said the queues at filling stations is as a result of logistics challenges and has nothing to do with petrol scarcity. Addressing…
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IMF should provide alternatives to Chinese loans- Elumelu
Ebun Francis| Mr Tony Elumelu, the Chairman of Heirs Holdings and United Bank of Africa (UBA), has called on the International Monetary Fund to provide Nigeria and other countries alternative…
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