Nigeria’s 2.069mbpd oil production still below budget estimates
Nigeria’s crude oil production including condensate reached 2.069 million barrels per day (mbpd) in April 2018, according to data from the Federal Ministry of Petroleum Resources.
Dangote Cement’s revenue hits N442b in Q3
Cement manufacturer, the Dangote Cement Plc has declared increased revenue of N442.09 billion in the last nine months, the company’s financial report released yesterday ...
Real sector’s dwindling fortunes and a nation’s growing army of dependants
The reality of the situation in which Nigeria finds itself has raised more fears amidst low expectations, both among operators in the real sector and consumers.
Economy bleeds as blue chips lose N51.8b
With four major blue-chip companies losing as much as N51.86 billion in the first half of 2016, the lot of the manufacturing sector is getting bleaker.