Business News
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220CPPE Opposes Raw Materials Bill, Demands Immediate Withdrawal
The Centre for the Promotion of Private Enterprise (CPPE) has kicked against the Raw Materials Research and Development Council (RMRDC) Bill currently...
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236Oil Prices Climb on Short-Covering, but Tariff Concerns Linger
Oil prices climbed on Tuesday as investors took advantage of the previous day’s losses to cover short positions, although concerns persisted over...
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248Indonesia May Reduce Oil, Gas Imports from Nigeria
Indonesia is set to propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10...
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152NNPCL Sells ₦336b Crude to Dangote, Foreign Refiners –Report
The Nigerian National Petroleum Company Limited generated N336.37bn from crude oil sales in the first quarter of 2025, with Dangote Petroleum Refinery...
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289Trade Imbalance Threatening Nigeria-China Currency Swap Deal –CBN
The Central Bank of Nigeria (CBN) has raised concerns that the persistent imbalance in trade flows between Nigeria and China may hinder...
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293Dangote Refinery Reduces Petrol Price Again
In a show of significant transparency in an industry seen as largely opaque, the Dangote refinery, for the second time in one...
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238World Bank Urges Nigeria to Maintain Momentum on Economic Reforms
The World Bank has stressed the need for Nigeria to maintain the momentum on its economic reforms in order to achieve inclusive,...
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221EU Shows Interest in Nigeria’s Solid Minerals
The European Union (EU) has expressed strong interest in expanding trade and investment in Nigeria’s solid minerals sector, as announced by EU...
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216Nigeria Still Africa’s Top Crude Oil Producer Despite March Output Decline –OPEC
Nigeria has retained its status as Africa’s largest crude oil producer, although with a decrease in output for the month of March....
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179Nigeria Signs ECOWAS Tariff Offers, Waives Taxes on 90% of Goods Traded in Africa
Nigeria has officially gazetted and transmitted the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade...
