Stock market sheds N1.5tn in eight months

Investors in the nation’s stock market have lost a total of N1.52tn in eight months, as the total market capitalisation of equities listed on...

Petrol subsidy hits N47.5/litre as oil price rises $67.86

The subsidy on Premium Motor Spirit, popularly known as petrol, has risen to N47.5 per litre as the expected open market price of the...

Lagos-Ibadan Expressway: Expect free traffic flow, says FRSC

The Federal Road Safety Corps has said motorists plying the Lagos-Ibadan Expressway should expect free flow of traffic as contractors return to work on...

OPEC set to cut oil output by more than a fifth

OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they...

Refineries process no crude oil in three months

  Refineries under the management of the Nigerian National Petroleum Corporation stayed dormant for three consecutive months as they processed no drop of crude oil,...

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