Business News
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191China Equity Rally Falters, Europe Futures Decline
Chinese stocks underperformed the rally that occurred while they were closed for a week, as investors counting on Beijing to produce more...
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193Oil Retreats as Investors Pare Bets on Middle East War Risk After Sharp Rally
Oil prices fell more than $1 on Tuesday as traders took profits from a rally in the previous session that lifted the...
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82FG Approves ₦820b for Completion of Abuja-Kaduna-Kano, Bodo-Bonny Highways
The federal government has approved over N820 billion for the rehabilitation of the critical Abuja-Kaduna-Kano expressway as well as for the completion...
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106New Project to Inject $3b into Gas Sector
Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has said the Brass Methanol Project’s Gas Sales Purchase Agreement will inject $3 billion...
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110Asian Equities Advance Ahead of China’s Reopening
Asian stocks advanced, boost by optimism about the health of the US economy and speculation that stimulus will finally kick-start growth in...
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98Oil Prices Dip After Strongest Weekly Rise in Over a Year
Oil prices fell on Monday after posting their steepest weekly rise in over a year last week as oversupply concerns amid softer...
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17090m Litre Stuck as NNPCL Shuts Petrol Purchasing Portal –Marketers
Oil marketers have warned of impending fuel scarcity over the decision of the Nigerian National Petroleum Company Limited (NNPCL) to shut down...
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166
Nigeria, Ghana sign MoU on Local Content
The Nigerian Content Development and Monitoring Board (NCDMB) has signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards...
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169Reps Approve FG Takeover of Kebbi, Nasarawa Airports
The House of Representatives on Thursday approved President Bola Tinubu’s request for a refund of about N24bn to the Kebbi and Nasarawa...
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172Local Refineries Produced 1.46b Litres of Petrol –Report
From 2015 to 2019, Nigeria could only produce 1.46 billion litres of petrol due to low refining capacity caused by the country’s...
