Business News
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72Crude Price Crash: Petrol can Drop Below ₦400/Litre –Refiners
Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per...
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230FIRS, NGF Collaborate to Boost Revenue, Economic Growth
The Federal Inland Revenue Service (FIRS) and the Nigerian Governors’ Forum (NGF) have intensified efforts to enhance tax administration, optimise revenue generation,...
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235
Oil Set for Worst Week in Months Over Trump’s Tariff Blow
Oil prices fell over 1% on Friday, and were on track for the worst week in months over U.S. President Donald Trump’s...
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198Fed Govt, UNIDO Seal $174.6m Deal
The Federal Government of Nigeria and the United Nations Industrial Development Organisation (UNIDO) have signed a $174,585,000 Programme for Country Partnership (PCP)...
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75NNPCL Raises Petrol Pump Price to ₦950/Litre
After initial hesitation, the Nigerian National Petroleum Company Limited has increased the pump price of petrol to N925 per litre at its...
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92₦4tr Genco Debt Crippling Power Sector –NDPHC
The Niger Delta Power Holding Company (NDPHC) has called for an urgent presidential intervention to help address the severe liquidity crisis affecting...
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195$5b Africa Energy Bank Gains Momentum with Contributions from Nigeria, Angola, Ghana
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy...
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181Net FX Reserves Surged to $23.11b in 2024 –CBN
Nigeria’s net foreign exchange reserves rose significantly to $23.11bn at the end of 2024, marking the highest level in over three years,...
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154FG Withdraws Allocation of 1,357 Housing Units Over Default Payment
The Federal Government has revoked the provisional allocation of houses under the National Housing Programme for 1,357 beneficiaries across 33 states due...
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152Oil Steadies as Market Awaits Fresh US Tariffs
Oil prices steadied in thin trading on Wednesday after falling in the previous session on concerns that new U.S. tariffs, set to...
