Business News
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83Oil Nudges Up After Russia-Ukraine Tensions Escalate
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in...
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210Nigeria, Korea Trade Increases By 55% In Q3
Trade between Nigeria and Korea increased by 55 percent in the third quarter (Q3) of 2024. This is as exports from Nigeria...
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179CBN, Finance Minister Express Concerns Over Investment Bill
Key government agencies and stakeholders have expressed differing concerns over the proposed Investment and Securities Bill 2024. The bill, which is intended...
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147FG Taking Action to Boost Power Supply –Minister
The Minister of Power, Adebayo Adelabu, yesterday said that the federal government was taking practicable steps to resolve Nigeria’s intractable power supply...
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164NNPC Eyes 2m bpd Crude Production by Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have ramped up crude oil and gas production to 1.8million barrels...
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138Nigeria’s Petrol Imports Surged in October –OPEC
The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the Petroleum Exporting...
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153Asian Stocks Fall as China, Strong Dollar Weigh
Asian equities declined Thursday as the dollar’s sustained strength and weakness in China weighed on the region’s risk appetite. Japanese stocks climbed...
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156FG Secures $1.2b Deal with China’s CNCEC to Revitalise ALSCON
Nigeria has signed a $1.2 billion agreement with China National Chemical Engineering Corporation (CNCEC) to restore operations at a major gas processing...
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140FG Pegs Power Sector Investment Gap at $10b
The Federal Government says it will collaborate with the private sector in raising a portion of the $10bn needed to ensure the...
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146Nigeria, France Moving to Balanced Relationship
The Consul General of France in Lagos, Laurent Favier, has said the bilateral cooperation between Nigeria and his country is evolving and...
