The National Bureau of Statistics (NBS) said the country’s inflation measured by Consumer Price Index (CPI) in March was 0.06 per cent points lower than the rate recorded in February.…
Read More Nigeria’s inflation drops by 0.06 % in March – NBS
Category: Economy
Luftansa incurs loss over fuel costs, seating surplus
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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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…
Read More Fuel queues to cause by logistics gap – Kachukwu