Business News
-
188NNPCL: We are Working to Resolve Supply Shortfalls, Blames Scarcity on FX Illiquidity
The Nigerian National Petroleum Company Limited (NNPC) yesterday said it was working hard to resolve the current petrol scarcity being experienced across...
-
180Oil Steadies Ahead of Key US Jobs Report
Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key U.S. employment data as they weighed...
-
187Nigeria Targets 30GW Power Supply by 2030
The Minister of Power, Adebayo Adelabu, has said Nigeria is committed to achieving universal energy access by 2060, with a short-term target...
-
181Oil Prices Edge Up as OPEC+ May Delay Supply Hike
Oil prices edged up after plunging to multi-month lows previously as major producers may delay an output increase planned for next month...
-
241188 Oil Theft Cases Recorded in One Week –NNPC
The Nigerian National Petroleum Company Limited has disclosed that 188 incidents of oil theft were recorded in the past week. The state-owned...
-
203FG to Construct Super Grid to End Incessant Power Collapse
In a bid to stop incessant national grid collapse, the Federal Government has concluded plans to construct what it called a super...
-
212
Oil Prices Fall as Weak Demand Overshadows Libya Blockade
Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the...
-
206Global Stocks Erase Gains as Dollar Resumes Rally
Asian equities were flat and the dollar and yen rallied against peers in a sign of defensive posturing as traders prepare for...
-
210Business Activities Stalled in August –PMI
Business activities in the private sector were broadly stagnant in August, according to the Stanbic IBTC Bank Purchasing Manager Index released on...
-
184Fears Over Energy Tax Rises as Business Confidence Falls
Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the...
