Business News
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243Nigeria, China Trade Hits $15.48b in H1’25
The volume of trade between Nigeria and China increased by 34.7% to $15.48 billion between January and July 2025 (H1’25) compared to...
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262Petrol Exports Hit ₦371b Amid Heavy Import Reliance
Nigeria exported Premium Motor Spirit, popularly known as petrol, worth N371.54bn in the second quarter of 2025, marking the first recorded shipment...
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249Airlines, Raw Materials’ Importers, Others on 4% FOB Waiver
The Nigeria Customs Service (NCS) has announced the waiver of the 4% Free On Board (FOB) charges for scheduled airline operators as...
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529Nigeria Attracts $19.92b Investment Signals in Q2’25
Nigeria has attracted $19.92 billion worth of investment signals in the second quarter of 2025 (Q2’25), indicating a sharp increase of 277.9...
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480Nigeria-Saudi Trade Volume Hits $600m
The trade volume between Nigeria and Saudi Arabia has exceeded $600 million. Saudi Arabia’s Charge d’Affaires, Saad Fahad Almarri, yesterday said that...
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480
Oil Set for Biggest Weekly Gain in Three Months as Russia Cuts Fuel Exports
Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s...
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433
Naira Abuse Inflates Printing Expenses, CBN Warns
The Central Bank of Nigeria has raised the alarm that the abuse and poor handling of naira banknotes are significantly increasing the...
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412US-Nigeria Bilateral Trade Soared to $13b in 2024 –Consul General
The United States of America and Nigeria’s bilateral trade has soared to nearly $13billion in 2024, the U.S Consul General, Lagos, Rick...
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421PENGASSAN, NUPENG Reject Govt’s Plan to Sell Assets
Two of Nigeria’s influential oil sector unions have strongly opposed the Federal Government’s reported plans to divest significant stakes in joint venture...
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400FG Endorses China’s Global Governance Initiative
The Federal Republic of Nigeria has formally endorsed the Global Governance Initiative (GGI), launched by President Xi Jinping of the People’s Republic...
