Business News
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195FEC Approves ₦660b for 14 Road Projects Across Nigeria
The Federal Executive Council (FEC) has approved the rehabilitation and construction of 14 road projects across Nigeria worth N660.26 billion. David Umahi,...
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190‘Nigeria can Earn $2.5b from Trades with Morocco’
Speaker of the House of Representatives, Abbas Tajudeen, yesterday said that trade relations between Nigeria and the Kingdom of Morocco could yield...
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187Oil Climbs from Multi-Year Low, Tariff Concerns and Rising Supply Weigh
Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however tariff uncertainties and a rising supply...
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173NLNG Commits to Curbing Carbon Emissions
As Africa seeks to harness its vast energy potential to drive economic growth and industrial evolution, NLNG has reiterated that it is...
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186REA Boosts Off-Grid Power Supply, Inaugurates 440kWp Mini-grid in C’River
The Rural Electrification Agency (REA) yesterday commissioned a 440kWp interconnected mini-grid in Etomi, Agbokim, Abia, and Bendeghe communities, Etung Local Government Area,...
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196
Natural Gas Supply to NLNG Reduces by 80% –Report
The operational crisis at NLNG Limited continues to deepen as the outage at its Bonny Island facility drags on, with natural gas...
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207Oil Falls as Market Eyes OPEC+ Output Increase, US Tariffs
Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns...
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201NACC’s Economic Agenda to Boost Trade Between Nigeria, US
The Nigerian-American Chamber of Commerce (NACC) has said that is charting a new path to strengthen trade relations between Nigeria and the United States...
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166
Gencos Lament ₦4.7tr Debt as Power Generation Hits 5,713MW
As Nigeria’s power sector witnessed a rise in electricity generation, the companies behind power production have condemned the Federal Government’s failure to...
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181NNPC E&P Targets $20b Investment to Grow Oil, Gas Output in 5 Years
NNPC Exploration and Production Limited (NEPL), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has said it requires about $4 billion...
