Business News
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117Nigerian Crude Falls Below FG’s $65 Benchmark as OPEC Boosts Output
Nigerian crude prices have slumped below the federal government’s benchmark of $65 per barrel. This comes as the Organisation of Petroleum Exporting...
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196Oil Gains as China Opens Door for Trade Talks with US
Oil prices climbed on Friday after China said it was open for talks with the United States on tariffs, raising hopes of...
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81Electricity Subsidy Spending Balloons to ₦762b
Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity...
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168Oil Drops, Poised for Biggest Monthly Fall in Three Years
Oil prices extended declines on Wednesday and were set for their largest monthly drop in more than three years as the global...
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176Towards Sustaining Stronger Ties with EU
The Nigerian government has reiterated its deep commitment to strategic partnership with the European Union, as the European Bank for Reconstruction and...
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126Minister Unveils Roadmap for Nigeria’s Trade, Investment Boost Amid Global Standoffs
As global trade disputes necessitate strategic shifts in business models, the Minister of Trade and Investment, Jumoke Oduwole, has laid out a...
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125CBN Issues Directives on Export Proceeds Over $2,000
The Central Bank of Nigeria has issued a new directive mandating full documentation for all Pan-African Payment and Settlement System transactions involving...
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186175 CNG Refilling Stations Ready Next Year –FG
The Federal Government, through the Presidential Compressed Natural Gas Initiative, has said about 175 new Compressed Natural Gas refilling stations will be...
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85Rent Below ₦10m Exempted from Stamp Duty –Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that stamp duties will be exempted...
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259
NPA, PEBEC Move to Enhance Port Efficiency, Ease of Doing Business
The Presidential Enabling Business Environment Council (PEBEC) and the Nigerian Ports Authority (NPA), yesterday in Lagos launched the Ports and Customs Efficiency Commitee (PCEC),...
