Business News
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205Nigeria Targets $23.2b Investment to Resolve Electricity Challenges
The federal government has set a target of $23.2 billion aimed at transforming Nigeria’s energy sector, with $15.5 billion expected to come...
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195Pipeline Vandalism Reduces Gas Exports by 20% –Report
Nigeria’s exports of liquefied natural gas saw a significant decline of 20 per cent last week, following an attack by suspected vandals...
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180Oil Prices Rise Amid US Tariff Threat but Still Set for Weekly Loss
Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and Canada, the...
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158FG Eyes 150 CNG Stations in 2025
The Federal Government says it plans to have no fewer than 150 Compressed Natural Gas stations before the end of 2025. The...
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184‘EU’s Investment in Nigeria Surpassed €35 Billion in 2023’
The newly appointed European Union (EU) Ambassador to Nigeria, Gautier Mignot, has revealed that the EU is Nigeria’s largest trading and investment...
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182FG, Others Commit $834.6m to NG-CARES to Support Vulnerable Nigerians
The Federal Government, 36 States including the Federal Capital Territory (FCT), have committed $834.6m in NG-CARES initiative. The Permanent Secretary at the...
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186PETROAN Seals PMS Distribution Deal with Dangote Refinery
Petroleum Products Retail Outlet Owners Association of Nigeria says it has signed a deal to begin distributing Dangote refinery’s premium motor spirit....
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183Oil Wavers as Markets Await Clarity on Trump Tariffs on Canada, Mexico
Oil prices were little changed on Thursday as markets braced for threatened tariffs by U.S. President Donald Trump on Mexico and Canada,...
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167EU, ECOWAS Highlight Initiatives to Boost Trade Opportunities for Nigeria
The European Union (EU) Ambassador to Nigeria, Gautier Mignot, alongside the Economic Community of West African States (ECOWAS), has outlined initiatives to...
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179NUPRC Targets ₦15tr Revenue in 2025
The Nigerian Upstream Petroleum Regulatory Commission has said it is targeting N15tn revenue this year. The Chief Executive of the Nigerian Upstream...
