Business News
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136Oil Marketers Rule Out Sale of Petrol in Dollars
The Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) has ruled out the possibility of sale of Premium Motor Spirits (PMS), also known...
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102Nigeria to Halt Importation of Solar Panels –FG
The federal government has announced plans to stop the importation of solar panels as part of efforts to boost local production and drive...
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101Benin, Togo Owe Nigeria $8.8m Electricity Debt –FG
Benin Republic and Togo owe Nigeria $8.84m for the electricity consumed in the fourth quarter of 2024, The PUNCH reports. The Nigerian...
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93Oil Steady as Investors Weigh Impact of Trump Tariffs
Oil prices were little changed on Tuesday as markets weighed the impact of newly announced U.S. tariffs on countries that buy Venezuelan...
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89Fed Govt Subsidises Electricity with ₦471.69b
The Federal Government subsidised electricity with N471.69 billion in the fourth quarter of 2024 (Q4 2024), according to the Nigerian Electricity Regulatory...
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73FG Seeks Foreign Funding to Solve Nigeria’s Power Challenges
Minister of Power, Adebayo Adelabu, has called on global leaders to help Nigeria bridge the gap between energy transition and developmental finance...
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89Oil Slips as Investors Monitor Russia-Ukraine Ceasefire Talks
Oil prices slipped on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead...
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111Fed Govt to Inject ₦400b Gas Infrastructure Fund
The Minister of Petroleum Resources (Gas) Obongemem Ekperikpe Ekpo has disclosed that the federal government will inject another N400 billion gas infrastructure...
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84Stock Futures Rise on Hope of Targeted US Tariffs
US and European stock-index futures climbed on signs that the next round of President Donald Trump’s tariffs may be more measured than...
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96SMEDAN Backs Tax Reform for Business Growth
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has expressed confidence that the proposed tax reform bill will alleviate financial...
