Business News
-
235Headline Inflation Maintains Uptrend
Nigeria’s headline inflation maintained its uptrend, rising by 49bps to 33.69% y/y in April (March: 33.20% y/y). The outturn is 129bps and...
-
160Oil Prices Rise on US Inventories Drawdown Expectations
Oil prices rose on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed U.S. crude and...
-
155European Stock Futures Rise Ahead of Key US Data
Global equities are set for a fresh record after a big tech-led rally in US gauges, with investors awaiting key inflation data...
-
380FG Lost ₦2.09b to Online Fraudsters in Q4 2023 –FITC
Following the loss of N2.09 billion in the fourth quarter of 2023 through fraudulent online activities and the increasing rate of crimes across the country,...
-
190Marketers Ordered to Open Pumps for CNG Vehicles
The Federal Government has concluded plans to ensure marketers open Compressed Natural Gas Pumps in filling stations across the country. As such,...
-
198Nigeria, UN Seek $306m for Food Aid in 3 States
The Federal Government, in partnership with national and international partners, yesterday launched an appeal seeking $306 million to fast-track food assistance, nutrition...
-
146FG Unveils Plan to Tackle Energy Crisis
The federal government has unveiled a national energy master plan to address the challenges of energy facing the country. The documents: “National...
-
275Nigeria, Taiwan Trade Volume Hit $500m
The Chief of Mission, the Taiwan Government in Nigeria, Andy Liu, yesterday, stated that the trade volume between Nigeria and Taiwan stood...
-
972FG Plans Performance-Based Salary Scheme for Workers
A new wage system based on employee’s productivity in the civil service is underway, the Federal Government said on Monday. The government...
-
202Oil Extends Fall on Signs of Weak Fuel Demand
Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes...
