Business News
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131Number of Fatalities in Electricity-related Cases Rose 47% in Q2 –NERC
The number of Nigerians that died in electricity-related incidents rose to 47.8 per cent in the second quarter of 2024, hitting 34...
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108Majority of Nigeria’s Oil Pipelines are Obsolete –Minister
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, yesterday said that oil pipelines in the country had become obsolete, reason the...
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102Rising Cost Shrinking Profits, Threatening Companies’ Existence –MAN
The Manufacturers Association of Nigeria (MAN) on Monday lamented that the ‘high and rising’ cost environment has continued to shrink profitability and,...
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51NNPC Sells PMS to IPMAN at ₦995/Litre
The Nigerian National Petroleum Company Limited has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association...
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98Only Six of 42 Deep Offshore Licences Developed in 30yrs –NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has disclosed that only six out of the 42 deep offshore licences it granted in the...
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102Oil Falls as Demand Outlook Weakens
Oil prices slid 3% during Asian trade on Tuesday on the back of a weaker demand outlook and after a media report said Israel...
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115UK Government Hosts International Investment Summit
Nearly 38,000 UK jobs are set to be created across the UK after a total of £63 billion of investment was announced...
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101Chinese Stocks Gain in Volatile Trade, Oil Falls
Chinese shares erased a drop to advance in volatile trading as investors weighed the impact of measures announced by the Finance Ministry...
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98
‘Nigeria’s Oil Fields, Regulatory Framework, is Investors’ Delight’
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Commission Chief Executive (CCE), Gbenga Komolafe, an engineer, has reiterated the vast opportunities inherent in...
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95Benin, Togo Owe Nigeria $5.7m Electricity Debt –NERC
International bilateral electricity customers in Benin Republic and Togo owe Nigeria $5.79m for the energy consumed in the second quarter of 2024....
