Business News

Nigeria, China Seek to Remove Trade Barriers

The federal government has called for the removal of obstacles hindering investment and economic growth, as Nigeria and China move to strengthen...

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Again, Dangote Lowers Petrol Loading Cost to ₦815/Litre

The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at...

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FG Okays Loan for States Intra-City Rail Development

Determined to link rail mode to hinterland, the Federal government has agreed to support all interested state governments through loans for development of...

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Nigeria-Korea Trade Volume Now $2.2b

The Ambassador of the Republic of Korea to Nigeria, Kim Pankyu yesterday said the bilateral trade between Nigeria and Korea increased to...

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BASA: Nigeria, Jamaica Strengthen Ties in Aviation, Trade, and Culture

Nigeria’s Aviation Minister, Festus Keyamo SAN, met with Jamaican Ambassador Lincoln Downer on March 11, 2025, to discuss strengthening bilateral relations between the...

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Petrol: Marketers Struggle with Low Margins Amid Price Fragmentation

Petroleum marketers and importers in Nigeria’s downstream sector are grappling with shrinking profit margins as fragmented pricing disrupts the market, forcing many to...