2019: Nigeria Loses $2.78n To Oil Theft, Pipeline Sabotage, A Drop By 21%-NEITI

LAGOS JUNE 20TH (NEWSRANGERS)-Nigeria lost N851.84 billion ($2.78 billion) to oil theft and pipeline sabotage in 2019. This was disclosed by the Nigerian Extractive Industry Transparency Initiative (NEITI) latest oil and gas industry audit report. The agency stated that it arrived at the estimate after using an average price of $65.61 per barrel and an average…

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Nigerian Investors Lose N1.71 Trillion Last Year

LAGOS JANUARY 2ND (NEWSRANGERS)-Investors in Nigerian equities lost about N1.71 trillion in 2019 as a combination of political risk, weak macroeconomic performance and tense global outlook drove the stock market to second consecutive negative performance. The stock market closed yesterday with negative average full-year return of -14.60 per cent for the 2019 trading year, equivalent…

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2019: Cabal Takes Over President Buhari’s Campaign

LAGOS DECEMBER 22ND (NESRANGERS)-The crises ravaging the All Progressives Congress, APC, across some states appear to be eating into President Muhammadu Buhari’s 2019 re-election campaign Party sources told Saturday Vanguard that a cabal has hijacked the campaign and there is an intense plot to relegate National Working Committee, NWC, members in the scheme of things….

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