Business News
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2.4KDiscos’ Revenue Soars 40% Y-o-Y in April as Monthly Billing Hits ₦257.5b
As the federal government continues to signal additional tariff increase for Nigeria’s electricity users, Distribution Companies (Discos) again posted a sharp 40...
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77Insurance Sector Assets Hit ₦4.2tr –Report
Nigeria’s insurance sector recorded 27.3 per cent growth in total assets year-on-year, to N4.2 trillion in the first quarter of 2025 (Q1...
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245Tariff Fears Drive Q1 Import Boom, Says WTO
Global goods trade picked up pace in the first quarter of 2025 as importers rushed to stockpile goods ahead of expected tariff...
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245Nigeria’s Oil Output Soars Above OPEC Quota
Nigeria’s average daily crude production rose above the quota allocated to it by the Organisation of the Petroleum Exporting Countries in June...
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235Nigeria’s US Exports Plummet by $527m Amid Rising Trade Tensions
The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US Census Bureau...
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273SERAP Sues NNPCL Over ‘Failure to Account for Missing ₦825b, $2.5b Meant for Refinery Repairs’
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to...
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2.6KMuhammadu Buhari, Former President of Nigeria, is Dead
…Mr. Buhari died on Sunday at a London hospital, his spokesperson said. Muhammadu Buhari, Nigeria’s former president and military ruler, is dead....
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2.5KUS Importers Promise to Take Trump Tariffs to Supreme Court
…David vs Goliath lawsuit nears appeal as White House starts revising blanket levies A litigation firm suing the Trump administration on behalf...
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199Economic and Market Report: Week Ended 11-07-2025
Global Economy Consumer prices in China returned to positive territory in June for the first time in five months, indicating a temporary...
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174WAPCo, Govt Agencies Partner on Cross-Border Gas Distribution
The West African Gas Pipeline Company Limited has met with agencies of the federal and state governments to enhance cross-border gas distribution....
