Business News
-
87Bullish Start to the Week as ASI Up 0.9%
EQUITIES The domestic equities market kicked off the week on a bullish note, as gains in SEPLAT (+10.0%), MTNN (+3.5%), and GTCO...
-
94Nigeria Gets $876m USAID Support
Nigeria has emerged as the third-largest African recipient of development assistance from the United States Agency for International Development, receiving a total...
-
68Petroleum Act Boosts Upstream Oil Sector with $40bn Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant milestones in transforming the country’s upstream oil sector since its establishment under...
-
109NDIC Warns Nigerians to Steer Clear of Unlicensed Banks, Ponzi Schemes
Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Oludare Sunday, yesterday advised Nigerians to stay away from banks and other financial institutions...
-
83Oil on Track for Steepest Weekly Drop in 3-1/2 Months
Oil prices rose on Friday after four straight sessions of declines but were on track for their steepest weekly fall since late...
-
83WTO Applauds as Nigeria, Others Complete Digital Trade Pilot Phase
World Trade Organisation (WTO) and the World Bank have completed the pilot phase of their joint project, “Digital Trade for Africa” with...
-
55$25bn Nigeria-Morocco Gas Project Company Officially Established
The ambitious Nigeria-Morocco Gas Pipeline project, estimated to cost $25bn, is advancing rapidly with the creation of a dedicated project company and...
-
209Nigeria, China Trade Hits $15.48b in H1’25
The volume of trade between Nigeria and China increased by 34.7% to $15.48 billion between January and July 2025 (H1’25) compared to...
-
158Petrol Exports Hit ₦371b Amid Heavy Import Reliance
Nigeria exported Premium Motor Spirit, popularly known as petrol, worth N371.54bn in the second quarter of 2025, marking the first recorded shipment...
-
217Airlines, Raw Materials’ Importers, Others on 4% FOB Waiver
The Nigeria Customs Service (NCS) has announced the waiver of the 4% Free On Board (FOB) charges for scheduled airline operators as...
