Business News
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214Oil Prices Gain on US Hurricane Impact Concerns
Oil prices rose during Asian trade on Thursday, spurred by concerns of Hurricane Francine impacting output in the U.S., the world’s biggest...
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198Asian Equities Rise Most in Almost a Month on Tech
Stocks in Asia rose Thursday for the first time this week, as a tech-fueled rally on Wall Street spread across the region....
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50Nigeria Records ₦9.1tr Revenue in Q1 –Edun
Nigeria has achieved a major fiscal breakthrough, with its first-quarter revenue for 2024 swelling to N9.1 trillion, more than double the earnings...
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174134 Illegal Refineries Destroyed in Seven Days –NNPC
The Nigerian National Petroleum Company Limited has disclosed that 134 illegal refineries were destroyed in the past week. The NNPC also stated...
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233Stocks Fall as Focus Turns to US CPI, Yen Surges
US and European equity futures slipped, and bonds rose Wednesday on growth concerns ahead of a US inflation report. The yen gained...
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218Why Sabotage Persists in the Power Sector –Reps Panel
The House of Representatives Committee on Safety Standards and Regulations has identified the lack of enforcement of rules and regulations by regulatory...
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207Amid Fuel Scarcity, Marketers Advocate Full Deregulation
The Major Energy Marketers Association of Nigeria (MEMAN) has called for full deregulation and liberalisation of the oil and gas industry. This...
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208Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Smuggling Concerns
The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres...
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149Senate Postpones Public Hearing for NNPC, Dangote, Others
The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was...
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147FG, Chinese Firms Sign Power, Water Supply MoU
The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the...
