Business News
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1.5KPenCom to Redesign Micro Pension Plan to Boost Financial Inclusion
National Pension Commission (PenCom) said due to low growth and difficulty in pushing the micro pension scheme to the informal sector target...
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1.2KAfreximbank, MDGIF Sign Pact to Mobilise $500m for Gas Projects
The African Export-Import Bank (Afreximbank) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have entered into a strategic partnership to raise...
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1.5KReforms in Oil & Gas Attracted $18b Investments in 9 months –NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stated that competitive reforms introduced in the oil and...
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1.9KFG Suspends Controversial 4% Import Duty Levy
The Federal Government has suspended the implementation of the four per cent Free on-Board levy recently introduced by the Nigeria Customs Service...
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2.0KStocks, Gold Set New Records in Run-Up to Fed Meet
Stocks extended their record-breaking rally and gold climbed to a new high as investors bet on an interest-rate cut by the Federal...
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1.2KSpain Tops Nigeria’s Exports at ₦2.47tr, China Leads Imports
Spain has emerged as Nigeria’s largest export destination in the second quarter of 2025, absorbing goods valued at N2.47 trillion, while China...
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1.2KSanwo-Olu Seeks Investor Backing for ₦214.8b Bond
The Governor of Lagos State, Babajide Sanwo-Olu, has called on investors to support the infrastructural development drive of the state through investing...
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2.8K
₦5.6tr Debt: Energy Crisis Looms as Gas Firms Cut Supply
Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding N5.6 trillion...
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2.5KOil Prices Extend Losses on Oversupply, US Demand Concerns
Oil prices fell on Friday, adding to big declines in the previous session, as concerns about the possible softening of U.S. demand...
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2.4KMinister of Environment: Nigeria Working Towards Transition to Low-Sulphur Fuels
Minister of Environment, Balarabe Lawal, has revealed that Nigeria is presently working towards transition to low-sulphur fuels. Lawal disclosed this in Abuja...
