Business News
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199BASA: Nigeria, Jamaica Strengthen Ties in Aviation, Trade, and Culture
Nigeria’s Aviation Minister, Festus Keyamo SAN, met with Jamaican Ambassador Lincoln Downer on March 11, 2025, to discuss strengthening bilateral relations between the...
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195Petrol: Marketers Struggle with Low Margins Amid Price Fragmentation
Petroleum marketers and importers in Nigeria’s downstream sector are grappling with shrinking profit margins as fragmented pricing disrupts the market, forcing many to...
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281‘Leather Industry can Generate ₦23b Yearly’
The Federal Government has decried the neglect of the leather industry, saying the sector can employ over 700,000 citizens. The Minister of...
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237‘PPPs Key to Closing Nigeria’s $100b Annual Investment Gap’
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Public-Private Partnerships (PPPs) are a critical tool in...
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287
Marketers Project ₦800/Litre as Imported Petrol’s Cost Drops
The price war in the downstream oil sector intensified on Tuesday as major oil marketers moved to offer a lower price against...
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172Oil Up on Weak Dollar but Tariff Concerns Cap Gains
Oil prices edged up on Wednesday, buoyed by a weaker dollar, but mounting fears of a U.S. economic slowdown and the impact...
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326Renewable Asset Management Company to Attract ₦1tr
The federal government has approved the establishment of N500 million Renewable Asset Management Company targeted at raising N1 trillion for intervention in...
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188NNPCL, Dangote Refinery Begin Talks on Naira-for-Crude Contract
The Nigerian National Petroleum Company Limited has initiated fresh negotiations with the Dangote Petroleum Refinery over the renewal of the naira-for-crude agreement,...
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174REA Signs Multiple MoUs in Bid to Supply 17.5 Million Nigerians Renewable Energy
The Rural Electrification Agency (REA) yesterday signed several Memorandums of Association (MoUs) as part of its plan to supply renewable energy solutions...
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173Oil Prices Slip on Concerns Over Tariffs, Slowdown Fears
Oil prices fell for a second day on Tuesday, as concerns mounted over a potential U.S. recession, the impact of tariffs on...
