Business News
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197Business Activities Stalled in August –PMI
Business activities in the private sector were broadly stagnant in August, according to the Stanbic IBTC Bank Purchasing Manager Index released on...
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168Fears Over Energy Tax Rises as Business Confidence Falls
Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the...
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166Oil Extends Losses on Prospect of Higher OPEC+ Supply
Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in...
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159DisCos reject 1,400mw Over Under-capacity
Electricity distribution companies, otherwise known as DisCos, were unable to take the full power generation in recent period, underlining a major challenge...
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152‘$6b Debts May Affect Petrol Supply’
Oil giant Nigeria National Petroleum Company Limited (NNPCL) yesterday admitted that its financial strain may affect the sustainability of petrol supply. Its...
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135FG Tasks Investors on Utilisation of NCDMB Intervention Funds
The federal government has tasked investors in the country to utilise the Nigerian Content Development and Monitoring Board (NCDMB) intervention funds for...
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193FCCPC Reads Riot Act to Traders, Market Associations, Others Over Undue Price Hikes
Executive Vice-Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Tunji Bello, yesterday read the riot act to traders, market leaders and...
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198Oil Inches Up on Middle East Supply Concerns
Oil prices inched higher on Friday as investors weighed supply concerns in the Middle East, although signs of weakened demand limited gains....
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253Tech Hit in Late Hours as Nvidia Fails to Inspire
Tech got hit in late trading as Nvidia Corp.’s sales forecast disappointed some hoping for more from the chipmaker at the forefront...
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191Nigeria, Belgium Deepen Bilateral Ties on Port Efficiency, Trade
The Nigerian Ports Authority (NPA) and the Kingdom of Belgium have expressed readiness to deepen bilateral ties to increase the efficiency of...
