Nigeria’s oil revenue at risk as production falls further to 1.02 million barrels per day
Nigeria’s crude oil production declined 3.37% to 1.262mbpd in May from 1.306mbpd recorded in the previous month.
Nigerian companies double their spend on investments in Q1 2022
Nigeria’s largest companies listed in the Nigerian stock market have spent a whopping N616.2 billion on investment in the first...
Lagos, Ogun, Rivers top states with highest domestic debt stock in Q1 2022
Nigeria’s total debt rose by N2.05 trillion in Q1 2022 from N39.56 trillion recorded as of December 2021 to stand...
Deals roundup: UBA redeems $500 million Eurobond, as UAC issues N18.7 billion CP
Nairametrics tracks and compiles notable deals that were consummated in the Nigerian business scene in the past two weeks...
Association of Corporate Trustees says organization to make capital market more robust
The ACT has stated that the organization is positioned to create a more robust capital market, hinging on the adequate...
Electricity update: Power supply in Nigeria falls marginally to 76,375MWh
Nigeria's energy generation and supply continue to remain below the minimum 105,000MWh required to record some level of stability...
Nigeria’s debt-to-GDP ratio rises to 23.3% as debt stock rises to N41.6 trillion in Q1 2022
Nigeria’s total debt stock rose to N41.6 trillion in the first quarter of 2022...
Electricity update: Nigeria’s power generation peaks at 3,504MW
Nigeria's electricity generation improved by 2.1% on Tuesday to 77,917.94MWh, representing a further increase compared to 76,297.58MWh recorded on Monday.
Electricity update: Energy generation in Nigeria revamps to 76,297.6MWh
Nigeria's electricity generation rebounded further on Monday, 6th June 2022 following a significant crash recorded in the previous week.
Exchange rate falls as forex turnover drops to $49.24 million, a 2-month low
The exchange rate between the naira and the US dollar closed at N420.25/$1 at the Investors and Exporters (I&E) window.
