Business News
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13463 Illegal Refineries Seized in One Week –NNPC
The Nigerian National Petroleum Company Limited has disclosed that another 63 illegal refineries were discovered and confiscated in the past week. It...
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210Stocks Rise Ahead of US CPI Data; Pound Weakens
European stocks look set to track the advance in Asian peers on bets that the upcoming US consumer price report will allow...
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204Stakeholders Meet on Crude Sales Initiative to Local Refineries in Naira
To ensure the full implementation of President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Company Limited (NNPCL) to sell crude...
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212China’s Early Decarbonisation Holds Lessons for World
China’s global leadership in the energy system’s decarbonisation is nothing short of astonishing. There is a significant chance that the country, which...
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214Oil Retreats as Markets Refocus on Demand Concerns
Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on...
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231Asian Stocks Fully Recover from Last Week’s Plunge
Asian stocks rose, recouping their losses from last week’s rout, bolstered by an advance in Japanese shares. US and European equity futures...
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201Tinubu Inaugurates CNG Buses, Says Energy Innovation will Bring Prosperity
President Bola Tinubu yesterday in Abuja inaugurated 30 hybrid Compressed Natural Gas (CNG) powered buses with the capacity to transport 3,000 passengers....
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159Stocks Climb Ahead of Busy Week for Economic Data
Shares climbed for a second session as markets shifted focus to key US data prints this week for further insight into the...
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158Edo Refinery Says NNPC’s Failure to Supply Crude Oil Hobbling Facility’s Output
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), yesterday raised the alarm over the...
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153Afreximbank to Double Intra-African Trade Financing to $40b
African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20 billion in 2021 to $40 billion by 2026,...
