Business News
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58Nigeria Spends ₦3.53tr on Raw Material Imports in H1’25
Contrary to plans and expectations, Nigeria’s manufacturing sector is increasingly depending on imported raw materials for survival, a development which has undermined...
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35FAAC: NUPRC Remitted ₦6.2tr Revenue in 9 Months Despite Oil Output Fluctuations
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) made a total payment of N6.215 trillion to the Federation Account between January and September...
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109Stocks Rise with Futures on Easing Trade Tensions
Asian equities headed for a record close as signs of easing trade frictions helped boost sentiment after recent volatility tied to concerns...
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149Stocks Fall, Bonds Rally on US Bank Credit Woes
Stocks fell and investors sought the safety of government bonds after shares of US regional banks tumbled on concerns about lending standards....
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91Nigeria’s Oil Output Hits 454m Barrels in Nine Months –Report
Nigeria produced a total of 454.28 million barrels of crude oil and condensates between January and September 2025, according to oil report...
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86FG: Over $1b Private Sector Investment Mobilised to Boost CNG Adoption
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, yesterday launched the Nigerian Gas Vehicle Monitoring System (NGVMS), a key step...
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87Inflation Declines Further 18.02% Amid Moderation in Food, Energy Prices, FX Stability
The Consumer Price Index (CPI), which measures the rate of change in prices of goods and commodities eased to18.02 per cent in...
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75Nigeria, Brazil to Strengthen Bilateral Ties
Minister of Environment, Balarabe Lawal, has stated that the Conference of the Parties on Climate Change, COP 30, organised by the United...
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105Tinubu Seeks $400m in Fresh Renewable Energy Funding
The Federal Government has hinted that over $400 m in new renewable energy investment commitments will be formalised within the next two...
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144Stakeholders Map Path for Nigeria’s Energy Hub Dominance
Industry leaders and key stakeholders in Nigeria’s oil and gas sector have called for a coordinated strategy to position Nigeria as the...
