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Latest News in Nigeria - Page 10

Only 27% Of Job Seekers In Lagos Have Bachelor’s Degree As Majority Hold SSCE

A recent report by the Lagos State Ministry of Planning and Budget has revealed a significant gap in educational qualifications among job seekers in Lagos. The report, titled The Lagos Economic Development Update (LEDU) 2025, states that only 27.72% of job seekers

March 14, 2025

Africa·Business

Experts Gather In Addis Ababa To Boost Economic, Social Development In Africa

A Committee of Experts has gathered at the UN Conference Centre in Addis Ababa to assess the state of economic and social development in Africa. The three-day meeting, held from 12-14 March, serves as a preparatory session ahead of the 2025 Conference

March 14, 2025

Business·FEATURES·Oil & Gas

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

In Nigeria, the paradox of being a leading crude oil producer yet heavily reliant on imported refined petroleum products has long puzzled many. This dependency has not only strained the nation’s economy but has also made fuel prices susceptible to global market

March 14, 2025

Business·Markets

Nigeria’s Stock Market Gains N82bn As NGX Rebounds After Two Days Of Losses

The stock market in Nigeria showed resilience on Thursday, reversing two days of losses as investors moved to buy consumer goods, insurance, and oil & gas stocks. Despite fragile market sentiment and earlier concerns of continued declines, the Nigerian Exchange Limited (NGX)

March 14, 2025

Business·Oil & Gas

Fuel Price War Intensifies As Landing Cost Drops To N774

The fuel price war in Nigeria’s downstream oil sector has taken a new turn as the landing cost of premium motor spirit (PMS) has dropped to N774.82 per litre. This is lower than the ex-depot price of Dangote Refinery, which stands at

March 13, 2025

Business·Markets

Factors Driving NGX’s Decline, What You Can Learn

The Nigerian Exchange Limited (NGX) has witnessed a sharp decline, losing N570 billion in one week. Despite strong corporate earnings, investor confidence remains weak. On Wednesday, 12 march trading section, N48bn was lost. Several factors have contributed to this downturn, ranging from

March 13, 2025

Business·Oil & Gas

Why Nigeria’s Crude Oil Production Is Declining – And What Next

Nigeria, Africa’s largest oil producer, is experiencing a steady drop in crude oil production. Once a major global supplier, the country has struggled to maintain its production levels due to several challenges. These include oil theft, pipeline vandalism, regulatory uncertainties, and the

March 13, 2025

Business·News

Lagos-Calabar Highway Project Wasteful, Corrupt – Obasanjo Slams Tinubu

Former President Olusegun Obasanjo has criticised the Lagos-Calabar Coastal Highway, calling it a wasteful and corrupt venture. The project, estimated to cost N15.6tn, has been a subject of controversy, with many questioning its transparency and financial implications. Obasanjo made these remarks in

March 13, 2025

Africa·Oil & Gas

How 10 Africa’s Most Populous Countries Generate Power

Africa is rich in natural resources, yet many of its most populous countries struggle to generate enough electricity. Power shortages impact economic growth and daily life, making energy security a major challenge. While some nations harness gas reserves, others rely on hydropower,

March 13, 2025

Business·Markets

Nigeria’s Equity Market Declines By 0.07% As Investors Remain Cautious

Nigeria’s equity market recorded a decline of 0.07% on Wednesday, as investor caution continued to impact market activity. Market capitalisation decreased by N48 billion, reflecting reduced confidence in the trading environment. Stocks such as Conoil, Berger Paints, and International Energy Insurance were

March 13, 2025

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Latest News in Nigeria - Page 10

Only 27% Of Job Seekers In Lagos Have Bachelor’s Degree As Majority Hold SSCE

Experts Gather In Addis Ababa To Boost Economic, Social Development In Africa

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

Nigeria’s Stock Market Gains N82bn As NGX Rebounds After Two Days Of Losses

Fuel Price War Intensifies As Landing Cost Drops To N774

Factors Driving NGX’s Decline, What You Can Learn

Why Nigeria’s Crude Oil Production Is Declining – And What Next

Lagos-Calabar Highway Project Wasteful, Corrupt – Obasanjo Slams Tinubu

How 10 Africa’s Most Populous Countries Generate Power

Nigeria’s Equity Market Declines By 0.07% As Investors Remain Cautious

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