Business News
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225Crude Oil and LNG Supply are at Risk of the Worst-Possible Scenario
A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and liquefied natural...
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61BoI’s ₦825m Green Fund Cuts Costs, Boosts Output
Small and large enterprises across Nigeria are recording lower production costs and improved operational efficiency following access to a N825 million clean...
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194FDI Underperforms Amid Surge in 2025 Capital Inflows
Foreign direct investment accounted for less than four per cent of total capital imported into Nigeria in 2025, despite a significant increase...
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174CBN Okays 100% Forex Repatriation for Oil Companies
The Central Bank of Nigeria has approved the full repatriation of export proceeds by International Oil Companies, allowing them to access 100...
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259In Major Investment Drive, EU Unveils €290m Global Gateway Package for Nigeria
European Union yesterday announced a significant expansion of its strategic partnership with Nigeria, unveiling a €290 million investment package under its Global...
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183Dangote-NNPC Deal Hits Turbulence Over Crude Shortfall
The ambitious deal between the Dangote Petroleum Refinery and Nigerian National Petroleum Company Limited is facing challenges, as the refinery experienced a...
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184Stocks Rise, Oil Falls on Iran De-Escalation Hopes
Equities rallied and oil dropped as US diplomatic efforts fueled cautious optimism that the Middle East conflict may begin to ease, tempering...
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205Local Bourse Rebounds as ASI Up 0.85%
NGX Summary The local bourse rebounded from the previous session’s losses, as the NGX All-Share Index (ASI) advanced by 0.85% to close...
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177BoI, EIB Sign €135m Deal to Boost Healthcare, Agriculture
Nigeria’s Bank of Industry (BoI) and EIB Global, the development arm of the European Investment Bank, yesterday, signed two financial agreements totalling...
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286States Account for 48% of Public Spending –FG
The Federal Government has said state governments account for about 48 per cent of total public expenditure in Nigeria, stressing that stronger...
