Business News
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209Nigeria Imports ₦237.3b Solar Panels in 3 Months
Nigeria imported solar panels worth N237.3bn into the country in the last quarter of 2024. Data from the Foreign Trades Statistics produced...
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198Petroleum Industry Act: ₦300b Paid to Host Communities –FG
The federal government has urged the host communities to leverage on 3% Host Communities Development Trusts (HCDTs) to boost oil and gas...
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128States Plan ₦28.8tr Spending on Infrastructure
State governors have outlined ambitious plans to boost capital expenditure in states to address the infrastructure deficit in their various domains. The...
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111NUPRC, Others Sensitise on Communities’ Trust Fund
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in collaboration with Hostcom Project Management and Adversary Consult Limited, has urged Host Communities Development...
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166‘Increase in FDI will increase Government’s Revenue Profile’
A media organisation has described the $17 billion Foreign Direct Investments (FDI) in the oil and gas industry in 2024 announced by...
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208Oil Bounces as Ukraine Ceasefire Deal Remains Elusive
Oil prices rebounded on Friday to recover some of their more than 1% losses in the previous session, partly due to diminishing...
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203Nigeria, China Seek to Remove Trade Barriers
The federal government has called for the removal of obstacles hindering investment and economic growth, as Nigeria and China move to strengthen...
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132Again, Dangote Lowers Petrol Loading Cost to ₦815/Litre
The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at...
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200FG Okays Loan for States Intra-City Rail Development
Determined to link rail mode to hinterland, the Federal government has agreed to support all interested state governments through loans for development of...
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200Nigeria-Korea Trade Volume Now $2.2b
The Ambassador of the Republic of Korea to Nigeria, Kim Pankyu yesterday said the bilateral trade between Nigeria and Korea increased to...
