Business News
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97Oil Drifts Lower on Rising Supply, Concerns About Demand
Oil prices drifted lower on Tuesday on oversupply concerns as OPEC+ moved ahead with another large output hike despite a weak demand...
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31Tinubu Voted Over ₦1.3tr for S’East Roads Revamp –Minister
President Bola Tinubu has allocated over N1.3tn to ongoing road and bridge infrastructure projects in the South-East, affirming the administration’s commitment to...
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89With over 1.8m Bpd Peak Oil Output in July, Nigeria Inches Towards Meeting 2025 Budget Benchmark
Nigeria’s hope of meeting its 2.06 million barrels per day crude oil production benchmark in the 2025 budget received a boost in...
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88OPEC Agrees to Raise Oil Output by 547,000 Bpd
The Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ on Sunday agreed to raise oil production by 547,000...
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114Fuel Imports Surge to 71% as Marketers Ditch Local Refineries
Fresh data from the downstream regulator of the oil sector has revealed that marketers have resumed large-scale importation of refined petroleum products,...
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143Nigeria, Benin Republic to Deepen Framework on Regional Trade Integration
The federal government and the Republic of Benin have agreed on a joint trade framework to eliminate bottlenecks, facilitate economic development, and...
