Business News
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95Oil Prices Gain on Supply Outages, Caution Over Russia-Ukraine War
Oil prices edged up on Tuesday, extending the previous day’s rally driven by a halt in production at Norway’s Johan Sverdrup oilfield,...
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128FG to Support Nigerian Businesses’ African Expansions
Minister of State for Trade and Investment (Industry), John Enoh, has reaffirmed Federal Government’s support for Nigerian businesses within the larger African...
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123Disco Blames Load Rejection on Underpayments by Customers
The acting Managing Director/CEO of the Abuja Electricity Distribution Company, Chijioke Okuwuokenye, has stated that the burgeoning debts and electricity overloading are...
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126Dangote, IPMAN Sign 240m Litres Monthly Petrol Deal
The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the Independent Petroleum...
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115FG to Sign FID on Multi-Billion Dollar Deepwater Exploration Project in 2025
The Federal Government has announced plans to seal the Final Investment Decisions (FID) on two more projects, including a multibillion billion-dollar deepwater exploration...
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87Oil Nudges Up After Russia-Ukraine Tensions Escalate
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in...
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241Nigeria, Korea Trade Increases By 55% In Q3
Trade between Nigeria and Korea increased by 55 percent in the third quarter (Q3) of 2024. This is as exports from Nigeria...
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196CBN, Finance Minister Express Concerns Over Investment Bill
Key government agencies and stakeholders have expressed differing concerns over the proposed Investment and Securities Bill 2024. The bill, which is intended...
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155
FG Taking Action to Boost Power Supply –Minister
The Minister of Power, Adebayo Adelabu, yesterday said that the federal government was taking practicable steps to resolve Nigeria’s intractable power supply...
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189NNPC Eyes 2m bpd Crude Production by Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have ramped up crude oil and gas production to 1.8million barrels...
