Business News
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194Buy Equity in Local Refineries, FG tells NNPC
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has advised the Nigerian National Petroleum Company Limited to acquire stakes in...
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193Chinese Stocks Underperform Asia, Futures Decline
Chinese equities were standout underperformers in Asia Wednesday as traders weighed weak economic data and Beijing’s reluctance to commit to more stimulus....
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227Replace Faulty Equipment in Seven Days, FG Orders Discos
The Federal Government has ordered electricity distribution companies to replace weak distribution networks in their franchise areas within seven days. It gave...
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216China Equity Rally Falters, Europe Futures Decline
Chinese stocks underperformed the rally that occurred while they were closed for a week, as investors counting on Beijing to produce more...
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223Oil Retreats as Investors Pare Bets on Middle East War Risk After Sharp Rally
Oil prices fell more than $1 on Tuesday as traders took profits from a rally in the previous session that lifted the...
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159FG Approves ₦820b for Completion of Abuja-Kaduna-Kano, Bodo-Bonny Highways
The federal government has approved over N820 billion for the rehabilitation of the critical Abuja-Kaduna-Kano expressway as well as for the completion...
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134New Project to Inject $3b into Gas Sector
Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has said the Brass Methanol Project’s Gas Sales Purchase Agreement will inject $3 billion...
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135
Asian Equities Advance Ahead of China’s Reopening
Asian stocks advanced, boost by optimism about the health of the US economy and speculation that stimulus will finally kick-start growth in...
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128Oil Prices Dip After Strongest Weekly Rise in Over a Year
Oil prices fell on Monday after posting their steepest weekly rise in over a year last week as oversupply concerns amid softer...
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20090m Litre Stuck as NNPCL Shuts Petrol Purchasing Portal –Marketers
Oil marketers have warned of impending fuel scarcity over the decision of the Nigerian National Petroleum Company Limited (NNPCL) to shut down...
