Business News
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77FEC Approves €161m Siemens Power Project
The Federal Executive Council (FEC) has approved €161.33 million for the Siemens power project and N1.7 billion for the purchase of an...
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78Tinubu Lauds $5b Bonga North Investment
President Bola Tinubu has lauded the Final Investment Decision (FID) by Shell and its partners on the $5 billion Bonga North Deep...
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133Oil Eases from Highest in Weeks, Investors Eye Fed Rate Cuts
Oil futures eased from their highest levels in weeks as traders took profit while waiting for a meeting of the Federal Reserve...
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84Marketers Negotiate with Refineries, NNPC for Cheaper Fuel
Hopes of cheaper petroleum products brightened yesterday as fuel retailers under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria...
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84IPPG Sets 4mbpd, 13bn Cubic Feet Gas Targets for Energy Sector
The Independent Petroleum Producers Group(IPPG) has outlined an ambitious goal for Nigeria’s energy sector, including achieving daily production targets of four million barrels...
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91FG, States, World Bank Agree to $700m Support to Boost Rural Agriculture, Access Roads, Others
The federal government and the World Bank have reached an agreement to commit a total sum of $700 million to the scaling...
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40FAAC Shares ₦1.73tr from November Federation Accounts Revenue
The Federal Government, States and Local Governments in Nigeria, received a total of N1.727 trillion from the Federation Accounts in what was...
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119Global Macroeconomic: Navigating the Rebound
The global economy demonstrated remarkable resilience despite facing significant challenges. This resilience was primarily driven by robust consumer spending and the reduction...
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27
₦2.7tr Debt: FG Intervention Halts Gas Supply Cut
Power generation rose to a high of 3,624.34 megawatts on Thursday following the restoration of the national grid by engineers of the...
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110Oil Stabilises on Course for First Weekly Gain in Three
Oil prices stabilised on Friday, heading for their first weekly rise since the end of November, as additional sanctions on Iran and...
