Business News
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84Oil Prices Ease But Remain Near 2-Week Highs on Russia, Iran Tensions
Oil prices retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions grew between Western powers...
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174GenCos Count Losses, Say Grid Collapses Pose Danger to Power Sector
Power generation companies have expressed concern over the adverse effects of frequent electricity grid collapses in the country, warning that the issue...
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178NNPC to Deploy Low Security Risk, High Integrity Oil Pipelines Nationwide
Nigerian National Petroleum Company Limited (NNPC) yesterday said it was working to ensure the deployment of high integrity crude oil and gas...
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144Oil Heads for Weekly Gains on Anxiety Over Intensifying Ukraine War
Oil prices extended gains on Friday, heading for a weekly uptick of more than 4%, as the Ukraine war intensified with Russian...
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200Asian Stocks Fall on Nvidia, Geopolitical Risks
Asian equities slipped, reflecting macroeconomic concerns and a muted mood on Wall Street triggered by Nvidia Corp.’s lackluster revenue forecast. A gauge...
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160FG Unveils Credit Scheme to Buy Local Products
The Nigerian Consumer Credit Corporation has kicked off its project tagged Securing Consumer Access for Local Enterprises, an initiative to accelerate the...
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155NNPC’s Utapate Crude Grade Hits Market
In a major boost for Nigeria’s crude oil production, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate...
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72Discos List Conditions for ₦500b NASS Recapitalisation Plan
Electricity distribution companies have listed the conditions for accepting the National Assembly’s N500bn recapitalisation plan for each of the 11 Discos nationwide....
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134Oil Prices Edge Up on Geopolitical Tensions
Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact from a bigger-than-expected...
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134Petrol Price Soared by 87.88% in One Year
The National Bureau of Statistics (NBS) yesterday said the average retail price of the Premium Motor Spirit (PMS) rose by 87.88 per...
