Business News
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217TUC Rejects 15% Fuel Import Duty
The President of the Trade Union Congress, Festus Osifo, has warned that the Federal Government’s proposed 15 per cent import duty on...
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220Senate Orders NAFDAC to Ban Sachet Alcohol Production by December 2025
The Senate, on Thursday, issued a decisive order to the National Agency for Food and Drug Administration and Control (NAFDAC), directing it...
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769Nigeria’s Non-Interest Capital Market Growth Hits ₦1.6tr
Nigeria’s non-interest capital market has grown to a valuation of over N1.6 trillion, underscoring its expanding role in deepening financial inclusion and...
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315IIF: Nigeria Raises ₦1.1tr to Boost Impact Investments
Nigeria’s impact investing ecosystem is showing strong progress, with over N1.1tn mobilised through development finance institutions and local capital mechanisms, according to...
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231NNPC Eyes 20% Stake in Dangote Rrefinery
The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20bn Dangote Petroleum Refinery to...
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257Oil Slips on Oversupply Concerns After OPEC+ Output Plans
Oil prices slipped on Tuesday as investors read OPEC+’s decision to pause output hikes in the first quarter as a signal of...
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229Retailers Warn of Looming Cooking Gas Scarcity
Nigerians may be facing another wave of cooking gas scarcity as retailers warn that supplies of Liquefied Petroleum Gas are thinning once...
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224FG Seeks IMF’s Support to Strengthen Fiscal Resilience in Oil Sector
The federal government has sought the technical support of the International Monetary Fund (IMF) in designing a transparent and resilient price modulation...
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283Stocks, Futures Rise as October Optimism Continues
Asian stocks advanced alongside US equity-index futures, suggesting that the seven-month rally in global equities may still have room to run amid...
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183Oil Extends Gains After OPEC+ Suspends Output Hikes in Q1
Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, which eased...
