Business News
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379Chinese Investors May Acquire 51% Stake in PH, Warri Refineries
The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about...
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369Oil Prices Rise as Investors Doubt Breakthrough in US-Iran Peace Talks
Oil prices climbed on Friday but were on track for a weekly loss as investors doubted the prospects of a breakthrough in...
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367DisCos Install 241,590 Meters Amid Billing Complaints
Electricity distribution companies installed 241,590 meters across Nigeria in the first two months of 2026 amid ongoing efforts to reduce estimated billing...
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364Oil Exports Drive Nigeria-UK Trade to £7.6b
Nigeria’s crude oil exports played a significant role in raising total trade between Nigeria and the United Kingdom to £7.6bn in 2025,...
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210Stocks Advance as Investors Return to AI Trade
Global stocks extended a rally as investors flocked back to the artificial intelligence trade and a clutch of upcoming IPOs kept enthusiasm...
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181FG to Deduct Unremitted VAT, Withholding Tax From States, LGs
The federal government said unremitted value-added tax (VAT) or withholding tax would henceforth be deducted directly from the revenue due to the...
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220Nigeria Unveils Port Expansion Plan to Boost West African Trade
The Federal Government has unveiled plans to expand Nigeria’s port infrastructure as part of efforts to position the country as a major...
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21663% of Nigerians want interest rates reduced –CBN
The Central Bank of Nigeria says 63.3 per cent of Nigerians want interest rates reduced ahead of the Monetary Policy Committee meeting...
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254Nigeria, Germany Seal €365m Investment Partnership
Nigeria and Germany have signed a €365m development and investment partnership agreement to support economic growth, energy expansion, agriculture, and private-sector development...
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252NPA: FG’s Reform Powers Trade Growth in Q1 2026
Driven by ongoing port reforms, infrastructure upgrades, and rising export activity, the maritime sector posted strong growth in the first quarter of...
