Business News
-
90Oil Prices Rise on Demand Outlook Strength, Weaker US Dollar
Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than...
-
80Lower Tariffs, Fewer Barriers can Boost Intra-African Trade by 45% –ECA
The Economic Commission for Africa (ECA), in its latest empirical assessment, projected that reducing tariffs and non-tariff barriers within the continent, as...
-
123Fed Govt to Attract Private Sector Investment in Infrastructure
The Federal Government has taken steps to remove bureaucratic hurdles that had stalled private sector investment in key road projects for over...
-
137FG Deducts States’ ₦800b Allocations to Pay Foreign Debt
The Federal Government deducted N800bn from state allocations in 2024 to service foreign debts and other contractual obligations, according to the latest...
-
124Oil Earnings Threatened as Explosion Rocks 450,000bpd Pipeline
Nigeria’s daily oil output might be affected following an explosion that rocked a section of the Trans Niger Pipeline in Bodo Community,...
-
124Oil Slips After US-Russia Agreement on 30-Day Energy Ceasefire
Oil prices fell on Wednesday after Russia agreed to U.S. President Donald Trump’s proposal that Moscow and Kyiv stop attacking each other’s...
-
115Asian Stocks Rise Amid Cash Rotation Out of US
Stocks in Asia rose for a fourth day, serving as a contrast to the US where a selloff continued. Gold rose to...
-
114PMS: Reps Probe NMDPRA’s Handling of 5% Fuel User Charge
The House of Representatives has initiated a probe into the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the implementation and...
-
101FG Inaugurates $60m LPG Extraction Gas, 20mw Gas to Power Plants in Rivers
The federal government has inaugurated a 12million cubic feet gas extraction plant and 20 megawatts gas power plant in Otakikpo, Ikuru, in...
-
139Concerns Over Nigeria’s ₦55tr Budget as Crude Output Deficit Hits 390,000bpd
There are growing concerns over the federal government’s ability to fully implement Nigeria’s almost N55 trillion budget for 2025 as the deficit...
