Business News
-
66FG Secures $747m Syndicated Loan for Lagos-Calabar Coastal Highway Phase 1
In a major milestone for Nigerian and West African infrastructure development, Deutsche Bank led a $747 million syndicated loan to finance Phase...
-
98Oil Prices Ease From Two-Week Highs as Investors Await Tariff Clarity
Oil prices edged down on Wednesday after rising to two-week highs in the previous session, as investors awaited new developments on U.S....
-
97Asian Shares Dip on Tariff Woes, LME Copper Falls
Asian shares posted a modest decline as investors refrained from taking risky bets after President Donald Trump ratcheted up trade tensions. Copper...
-
97NCDMB Enforces Clearance Certificate to Grow $400m Local Content Fund
The Nigerian Content Development and Monitoring Board (NCDMB) has commenced the enforcement of the Nigerian Content Fund Clearance Certificate (NCFCC) to grow...
-
60FG, Partners Unveil $32.8b Electricity Devt Plan
The Federal Government has reiterated its commitment to setting the power sector on the path of sustainability and bankability by prioritising the...
-
86Vandalism Threatening Power Supply in Nigeria –TCN
The Transmission Company of Nigeria (TCN) has raised the alarm over the recurring incidents of vandalism and said it is threatening the...
-
55Distribution Companies’ Revenue Surges to ₦553.6b in Q1 2025
Revenues collected by Nigeria’s electricity Distribution Companies (Discos) rose to N553.63 billion in the first quarter of 2025, new data from the...
-
83Nigeria, Netherlands Renegotiate Double Taxation Agreement
The Federal Inland Revenue Service and the Kingdom of the Netherlands commenced the renegotiation of the Double Taxation Agreement between Nigeria and...
-
78Senate Passes Landmark Law Mandating 30% Local Processing of Raw Materials Before Export
In a decisive move aimed at spurring industrialisation and boosting local manufacturing, the Senate has passed a bill requiring that all raw...
-
153Businesses Sustain Positive Growth Momentum Despite High Prices
Businesses in Nigeria maintained a positive performance streak of 113.6 points as the Business Confidence Monitor (BCM) index remained in the expansion...
