Business News
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125FG Harps on Implementing Policies to Explore $3.4tr Opportunities in AfCFTA Single Market
The federal government has said that it is working towards fast-tracking policy implementation to unlock opportunities in the $3.4 trillion single market...
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140IMF: FG Needs to Rework 2025 Budget to Accommodate Lower Oil Prices
International Monetary Fund (IMF) yesterday disclosed that Nigeria needed to adapt its 2025 budget to lower oil prices and scale up cash...
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189Oil Prices Little Changed as Expectations for OPEC+ Increase Weigh
Oil futures were little changed on Wednesday as markets weighed expectations from more supply from major producers next month, a softer U.S....
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122Manufacturers Seek Access to Cheaper Raw Materials at Regional Trade Exhibition
Paint manufacturers in Nigeria are intensifying efforts to secure more affordable raw materials by pursuing regional partnerships and alternative sourcing strategies. This...
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613NNPC Grows Revenue to ₦6tr in May
The Nigerian National Petroleum Company Limited generated a total revenue of N6.008tn in May 2025, marking a marginal increase from the N5.972tn...
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2.8KOil Firms Remitted ₦57b to Host Communities –FG
Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Host Community Development Trusts in 2024, the Nigerian Upstream...
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3.1KOil Eases on Expectations of More OPEC+ Supply, Tariff Fears
Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown...
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490Underwriters Earn ₦1.6tr in 2024, Pay ₦622b Claims
The Nigerian insurance industry last year recorded gross written premiums (GWP) of N1.56 trillion, marking a 56 per cent increase from the...
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815Nigeria Exports 82% of Crude as Local Refineries Starve
Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the...
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762United States, Nigeria Deepen Cooperation, Expand Opportunities for Mutual Prosperity
Senior representatives of the United States and Nigerian governments, along with business leaders from both countries’ private sectors, have convened in Abuja...
