Business News
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64Nigeria Records ₦9.1tr Revenue in Q1 –Edun
Nigeria has achieved a major fiscal breakthrough, with its first-quarter revenue for 2024 swelling to N9.1 trillion, more than double the earnings...
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186134 Illegal Refineries Destroyed in Seven Days –NNPC
The Nigerian National Petroleum Company Limited has disclosed that 134 illegal refineries were destroyed in the past week. The NNPC also stated...
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244Stocks Fall as Focus Turns to US CPI, Yen Surges
US and European equity futures slipped, and bonds rose Wednesday on growth concerns ahead of a US inflation report. The yen gained...
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231Why Sabotage Persists in the Power Sector –Reps Panel
The House of Representatives Committee on Safety Standards and Regulations has identified the lack of enforcement of rules and regulations by regulatory...
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215Amid Fuel Scarcity, Marketers Advocate Full Deregulation
The Major Energy Marketers Association of Nigeria (MEMAN) has called for full deregulation and liberalisation of the oil and gas industry. This...
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220Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Smuggling Concerns
The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres...
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162Senate Postpones Public Hearing for NNPC, Dangote, Others
The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was...
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161FG, Chinese Firms Sign Power, Water Supply MoU
The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the...
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147Taiwan Strengthens Ties with Nigeria, Holds Business Forum in Lagos
The 2024 edition of the Taiwan Trade Business Forum, organised by the Taiwan External Trade Development Council (TAITRA), concluded successfully on over...
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200Dollar is Under Pressure Before Key US Jobs Data
The dollar weakened and US stock futures slipped as traders prepared for US jobs data that may determine the size of a...
