Business News
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101Unemployment Rate Dropped to 4.3% in Q2 –Statistics Bureau
Nigeria’s unemployment rate declined to 4.3 per cent in the second quarter of 2024, signalling improved labour market conditions. According to the...
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62States Tackle NNPCL Over Extra ₦1tr Subsidy Payment
The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, citing exchange rate differentials...
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94Oil Steadies Amid Possible Middle East Ceasefire
Oil prices ticked up in early trade on Tuesday after falling in the previous session as investors took stock of a potential...
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96Stocks, Bonds Rise as Traders Cheer Treasury Pick
Equities and Treasuries advanced, with traders embracing Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice that would...
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89Oil Marketers Strike Deal with Dangote for Daily Supply of 28m Litres of Petrol
Oil marketers at the weekend struck a deal with the $20 billion Dangote refinery for the supply of at least 28 million...
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90Oil Prices Ease But Remain Near 2-Week Highs on Russia, Iran Tensions
Oil prices retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions grew between Western powers...
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183GenCos Count Losses, Say Grid Collapses Pose Danger to Power Sector
Power generation companies have expressed concern over the adverse effects of frequent electricity grid collapses in the country, warning that the issue...
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185NNPC to Deploy Low Security Risk, High Integrity Oil Pipelines Nationwide
Nigerian National Petroleum Company Limited (NNPC) yesterday said it was working to ensure the deployment of high integrity crude oil and gas...
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152Oil Heads for Weekly Gains on Anxiety Over Intensifying Ukraine War
Oil prices extended gains on Friday, heading for a weekly uptick of more than 4%, as the Ukraine war intensified with Russian...
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211Asian Stocks Fall on Nvidia, Geopolitical Risks
Asian equities slipped, reflecting macroeconomic concerns and a muted mood on Wall Street triggered by Nvidia Corp.’s lackluster revenue forecast. A gauge...
