Business News
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117Renewable Asset Management Company to Attract ₦1tr
The federal government has approved the establishment of N500 million Renewable Asset Management Company targeted at raising N1 trillion for intervention in...
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129NNPCL, Dangote Refinery Begin Talks on Naira-for-Crude Contract
The Nigerian National Petroleum Company Limited has initiated fresh negotiations with the Dangote Petroleum Refinery over the renewal of the naira-for-crude agreement,...
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113REA Signs Multiple MoUs in Bid to Supply 17.5 Million Nigerians Renewable Energy
The Rural Electrification Agency (REA) yesterday signed several Memorandums of Association (MoUs) as part of its plan to supply renewable energy solutions...
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108Oil Prices Slip on Concerns Over Tariffs, Slowdown Fears
Oil prices fell for a second day on Tuesday, as concerns mounted over a potential U.S. recession, the impact of tariffs on...
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112House Committee to Enforce Strict Oversight, Accountability in SEDC ₦250b Budgetary Allocation
The House of Representatives Committee on South East Development Commission (SEDC) has assured Nigerians that it would ensure accountability and transparency in...
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102Minister Gives Cement Manufacturers One Week Ultimatum to Stabilise Price at ₦7000
Minister of Works, Engineer Nweze Dave Umahi has called on the cement manufacturers to bring down the cost of their product to...
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136NCDMB Mobilises Stakeholders to Boost Local Line Pipe Manufacturing
The Nigerian Content Development and Monitoring Board (NCDMB) has successfully built a strong consensus among key oil and gas industry stakeholders to accelerate...
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102New Railway Masterplan to Transform Sector in Five Years
The Nigerian Railway Corporation (NRC) has announced a comprehensive reform plan aimed at transforming the country’s rail sector within the next five years, with...
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108FG, Tanker Drivers Split Over 60,000 Truck Ban Enforcement
Despite a public announcement that trucks transporting more than 60,000 litres of hydrocarbon products would be prohibited from loading at depots and...
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100Petrol Imports Jump 105% to ₦15tr –NBS Report
Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel,...
