Business News
-
2.6KOil Prices Fall as Market Eyes US-Russia Talks on Ukraine
Oil prices fell in Asian trade on Monday, extending declines of more than 4% last week as investors awaited the outcome of...
-
2.7K
Oil Set for Steepest Weekly Losses Since June as Tariffs Cloud Demand Outlook
Oil prices were little changed in early Asian hours on Friday, but were headed for their steepest weekly losses since late-June, as...
-
441US Adds Surprise Gold Bar Tariff in Blow to Switzerland, FT Says
The US has put tariffs on imports of one-kilogram gold bars, according to the Financial Times, threatening more turmoil in the global...
-
381Nigeria’s Energy Future at Risk, NUPRC Warns
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has raised the alarm over looming manpower shortages, which threatens the sustainability and competitiveness of...
-
358Buoyed by Portfolio Investments, Capital Importation Improves to $5.64 Billion in Q1
The country’s total capital importation stock increased by 10.86 per cent to $5.64 billion in the first quarter of the year (Q1...
-
400Oil Drifts Lower on Rising Supply, Concerns About Demand
Oil prices drifted lower on Tuesday on oversupply concerns as OPEC+ moved ahead with another large output hike despite a weak demand...
-
2.6KTinubu Voted Over ₦1.3tr for S’East Roads Revamp –Minister
President Bola Tinubu has allocated over N1.3tn to ongoing road and bridge infrastructure projects in the South-East, affirming the administration’s commitment to...
-
293With over 1.8m Bpd Peak Oil Output in July, Nigeria Inches Towards Meeting 2025 Budget Benchmark
Nigeria’s hope of meeting its 2.06 million barrels per day crude oil production benchmark in the 2025 budget received a boost in...
-
2.6KOPEC Agrees to Raise Oil Output by 547,000 Bpd
The Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ on Sunday agreed to raise oil production by 547,000...
-
353Fuel Imports Surge to 71% as Marketers Ditch Local Refineries
Fresh data from the downstream regulator of the oil sector has revealed that marketers have resumed large-scale importation of refined petroleum products,...
