Business News
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57FG Allocates ₦32b to Primary Healthcare Centres
As part ongoing efforts to strengthen the country’s healthcare system, the federal government said it has allocated N32 billion to support the...
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95Dangote Refinery Halts Petrol Sale in Naira, Cites Mismatch with Dollar-denominated Crude Purchase
Dangote Refinery has suspended the sale of its petroleum products in naira, explaining that the decision was necessary to avoid a mismatch...
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71Oil Prices Rise on Demand Outlook Strength, Weaker US Dollar
Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than...
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54Lower Tariffs, Fewer Barriers can Boost Intra-African Trade by 45% –ECA
The Economic Commission for Africa (ECA), in its latest empirical assessment, projected that reducing tariffs and non-tariff barriers within the continent, as...
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101Fed Govt to Attract Private Sector Investment in Infrastructure
The Federal Government has taken steps to remove bureaucratic hurdles that had stalled private sector investment in key road projects for over...
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61FG Deducts States’ ₦800b Allocations to Pay Foreign Debt
The Federal Government deducted N800bn from state allocations in 2024 to service foreign debts and other contractual obligations, according to the latest...
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96Oil Earnings Threatened as Explosion Rocks 450,000bpd Pipeline
Nigeria’s daily oil output might be affected following an explosion that rocked a section of the Trans Niger Pipeline in Bodo Community,...
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100Oil Slips After US-Russia Agreement on 30-Day Energy Ceasefire
Oil prices fell on Wednesday after Russia agreed to U.S. President Donald Trump’s proposal that Moscow and Kyiv stop attacking each other’s...
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93Asian Stocks Rise Amid Cash Rotation Out of US
Stocks in Asia rose for a fourth day, serving as a contrast to the US where a selloff continued. Gold rose to...
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82PMS: Reps Probe NMDPRA’s Handling of 5% Fuel User Charge
The House of Representatives has initiated a probe into the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the implementation and...
