Business News
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110Stocks, Futures Slide on Trump’s Tariff Threat
Stocks fell along with equity-index futures as President Donald Trump ratcheted up trade tensions again ahead of next week’s deadline for higher...
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104FG, Kaduna Govt Partner on Light Rail Project
The federal government says it will be collaborating with the Kaduna state government on the development of light rail projects across the...
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110FG Sets July Date for Petrol Pricing Summit
The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing...
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50We Sold Ibadan DisCo for ₦100b –AMCON
The Asset Management Corporation of Nigeria (AMCON), on Thursday, confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion....
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75FG Harps on Implementing Policies to Explore $3.4tr Opportunities in AfCFTA Single Market
The federal government has said that it is working towards fast-tracking policy implementation to unlock opportunities in the $3.4 trillion single market...
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93IMF: FG Needs to Rework 2025 Budget to Accommodate Lower Oil Prices
International Monetary Fund (IMF) yesterday disclosed that Nigeria needed to adapt its 2025 budget to lower oil prices and scale up cash...
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132Oil Prices Little Changed as Expectations for OPEC+ Increase Weigh
Oil futures were little changed on Wednesday as markets weighed expectations from more supply from major producers next month, a softer U.S....
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75Manufacturers Seek Access to Cheaper Raw Materials at Regional Trade Exhibition
Paint manufacturers in Nigeria are intensifying efforts to secure more affordable raw materials by pursuing regional partnerships and alternative sourcing strategies. This...
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351NNPC Grows Revenue to ₦6tr in May
The Nigerian National Petroleum Company Limited generated a total revenue of N6.008tn in May 2025, marking a marginal increase from the N5.972tn...
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348Oil Firms Remitted ₦57b to Host Communities –FG
Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Host Community Development Trusts in 2024, the Nigerian Upstream...
