Business News
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236OPEC+ Raises Oil Quotas Amid Middle East Tension
Key members of the Organisation of Petroleum Exporting Countries and their allies, jointly known as OPEC+, on Sunday announced a higher-than-expected increase...
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200Stocks Drop, Oil and Gold Advance on Iran Crisis
Stocks declined and oil prices jumped as conflict in the Middle East jolted global markets, triggering a retreat from risk assets. Gold...
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288Industries Lose 15% Energy to Weak Maintenance –MAN
The Manufacturers Association of Nigeria has found that maintenance lapses account for between 10 and 15 per cent of energy waste in...
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209Asian Stocks Set for Best February Ever, Yen Gains
Asian stocks were on track for their best February on record as investors piled into the region’s companies supplying the artificial intelligence...
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192BRICS Inflows Surge 117% to $2.32b on Investor Confidence
Nigeria recorded a 117.04 per cent surge in capital inflows from three BRICS countries — China, India, and South Africa — in...
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177REA Confirms Progress on $750m Solar Projects
The Managing Director and Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, has said steady progress is being recorded under...
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169NESG Advocates Fiscal Reforms to Cut States’ Dependence on FAAC
A new policy brief by the Nigerian Economic Summit Group (NESG) said rising fiscal deficits and heavy dependence on federal allocations continue...
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221CPPE: $6.01b Capital Inflows Signal Investor Confidence
The Centre for the Promotion of Private Enterprise (CPPE) has said Nigeria’s $6.01 billion capital importation in the third quarter of 2025...
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221All Revenue Assets Up for Concession –Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while giving an update on the country’s economy on...
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S&P 500 Futures Rise With Asian Shares, Gold Gains
US equity-index futures edged higher along with Asian stocks as the recent selling pressure tied to artificial intelligence appeared to stabilize. Precious...
