Business News
-
41Approved Fields Can Unlock 1.7b Barrels of Oil, 7.7tcf Gas –NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that 43 Field Development Plans (FDPs) approved this year have the potential to...
-
53Foreign Currency Inflow into Nigeria Hits $5.15b in October
Nigeria has recorded high foreign inflows of $5.15 billion in October 2025, according to data from the FMDQ platform. The FX inflow...
-
52Nigeria Joins Unified West African Power Grid
The Nigerian Independent System Operator, in collaboration with the West African Power Pool Information and Coordination Centre, has successfully synchronised Nigeria’s national...
-
27Power Distributors’ Revenue Surges 43% to ₦1.5tr
Nigeria’s power distribution companies grew their revenue collections by about 43 per cent in the first eight months of 2025, raking in...
-
90Nigeria, Indonesia Deepen Trade Ties
Nigeria and Indonesia have reaffirmed their commitment to strengthening trade and investment relations as the Nigerian–Indonesian Chamber of Commerce and Industry hosted...
-
71Oil Headed for Second Weekly Loss Amid Lingering Supply Concerns
Oil edged up on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though...
-
69TUC 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...
-
67Senate 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...
-
39Nigeria’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...
-
33IIF: 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...
