Business News
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117NNPC Eyes 2m bpd Crude Production by Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have ramped up crude oil and gas production to 1.8million barrels...
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116Nigeria’s Petrol Imports Surged in October –OPEC
The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the Petroleum Exporting...
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126Asian Stocks Fall as China, Strong Dollar Weigh
Asian equities declined Thursday as the dollar’s sustained strength and weakness in China weighed on the region’s risk appetite. Japanese stocks climbed...
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121FG Secures $1.2b Deal with China’s CNCEC to Revitalise ALSCON
Nigeria has signed a $1.2 billion agreement with China National Chemical Engineering Corporation (CNCEC) to restore operations at a major gas processing...
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115FG Pegs Power Sector Investment Gap at $10b
The Federal Government says it will collaborate with the private sector in raising a portion of the $10bn needed to ensure the...
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115Nigeria, France Moving to Balanced Relationship
The Consul General of France in Lagos, Laurent Favier, has said the bilateral cooperation between Nigeria and his country is evolving and...
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118Oil Prices Ease on Fears of Higher Output, Sluggish Demand
Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains, weighed down by worries of higher global...
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41Adelabu Urges ICRC to Vet Financial, Technical Capabilities of Investors in Power Sector
The Minister of Power, Adebayo Adelabu, has charged the Infrastructure Concession Regulatory Commission (ICRC) to show more interest in the financial and...
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16 Major Firms Incur Loss of ₦792b –MAN
The Manufacturers Association of Nigeria, MAN, yesterday said that 16 major manufacturing firms incurred cumulative losses amounting to N792 billion between 2023 and...
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26‘Total External Trade Rose to ₦6.9tr in Q2’
Vice President Kashim Shettima has stated that trade facilitation programmes implemented by the current administration increased the country’s trade balance to N6.5tn...
