Business News
-
392Nigeria, Benin Republic to Deepen Framework on Regional Trade Integration
The federal government and the Republic of Benin have agreed on a joint trade framework to eliminate bottlenecks, facilitate economic development, and...
-
2.6KNigeria Produced 1.37 Trillion SCF of Gas in H1, Flared 101 Billion SCF
Nigeria recorded a total gas production of about 1.372 trillion Standard Cubic Feet (SCF) between January and June 2025, a considerable rise...
-
2.6KOil Slips as OPEC+ Proceeds with September Output Hike
Oil prices fell on Monday after OPEC+ agreed to another large production hike in September, adding to supply, but worries about disruptions...
-
311220 Oil Blocks Abandoned Amid Debt, Crude Crises –NUPRC
Nigeria currently has 220 open oil blocks scattered across its onshore and offshore basins, data from the Nigerian Upstream Petroleum Regulatory Commission...
-
2.5KWill AI Tilt the Balance in the London-Paris tech Rivalry?
France has the power and start-ups it needs to challenge the UK as Europe’s main tech hub Electricity does not usually make...
-
189FG Approves ₦712b for Full Rehabilitation of Lagos Airport Terminal One
The Federal Executive Council (FEC) on Thursday approved N712 billion for the full rehabilitation, upgrade, and modernisation of International Terminal One at...
-
58FG Pledges Support for Local EV Manufacturing Sector
The Federal Government has fully supported Nigeria’s emerging electric vehicle industry, restating its commitment to driving local manufacturing, economic expansion, and job...
-
2.5KCAC to Delete More Companies for Non-Compliance
Months after striking off names of companies not complying with the provision of Corporate Affairs Commission Companies (CAC) and Allied Matters Act,...
-
251Boosted by Dangote Refinery Exports, Nigeria Leads W/Africa with $18.4bn Intra-African Trade
Nigeria emerged as the leading intra-African trading nation in West Africa in 2024, recording approximately $18.4 billion in trade with other African...
-
241With Over 5.4m Deficit, Electricity Metering Gap Persists Despite Multiple Govt Schemes
Despite repeated assurances and several intervention schemes introduced in the last 12 years of the power sector privatisation, Nigeria’s electricity metering gap...
