Business News
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180Nigeria’s Unemployment Rate Rose to 5.3% in Q1
Nigeria’s unemployment rate increased marginally to 5.3 per cent in Q1 2024 from 5.0 per cent in Q3 2023, with females recording...
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185Oil Dips on Worries China Stimulus Plans not Enough to Boost Demand
Oil prices fell on Wednesday as investors reassessed the ability of China’s stimulus plans to boost the economy enough to drive more...
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118FG Explains Minimum Wage July 29 Backpay
The Federal Government through the National Salaries, Incomes and Wages Commission has stated that the payment of the new minimum wage will...
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141Petrol, Diesel Prices Up by 32.51%, 64.58% –NBS
The National Bureau of Statistics (NBS), in its latest report, has disclosed a sharp increase in the average retail price of petrol...
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135Nigeria, Others to Get $90b World Bank Electricity Fund
A plan to bring electricity to 300 million Africans by 2030, backed by an initial pledge of $30 billion from the World...
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61Electricity Consumers Owe DisCos ₦385.7b in 2023
Electricity consumers across the country failed to pay the sum of 385.73bn electricity bills issued to them in 2023. According to the...
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109Oil Prices Rise on Fresh China Stimulus, Middle East Tensions
Oil prices rose on Tuesday on news of fresh monetary stimulus from top importer China, and concerns escalating tensions in the Middle...
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148Nigeria-Malaysia Bilateral Trades Set for New High
Nigeria-Malaysia bilateral trade is in the region of $956 million, Aiyub Omar, High Commissioner of Malaysia to Nigeria has said. Besides, Omar...
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119FG saves ₦900b for Infrastructural Funds in Nine Months
With a monthly deduction of N100bn from the gross revenue of the federation, the Federal Government has saved a total sum of...
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140$3.5b Business Deals Sealed at Indonesia-Africa Forum 2024
Thirty-two business partnership deals worth more than $3.5 billion were sealed at the recently concluded 2nd Indonesia-Africa Forum in Bali Indonesia. This...
