Business News
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136FG, Dangote Call for Localised Production, Patient Capital to Unlock Africa’s Economic Potential
The federal government and Dangote Industries Limited have called for localised production and patient capital to unlock Africa’s economic potential. This message...
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125Nigeria, Sweden Strengthen Development Partnerships at UN Meetings
The Minister of State for Finance, Doris Uzoka-Anite has held strategic bilateral talks with Ms. Diane Janse, Swedish State Secretary for International...
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181Oil Tumbles as OPEC+ Accelerates Output Hikes, Surplus Looms
Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further speed up oil...
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120Nigeria, China Move to Strengthen Bilateral Relations
Director-General, Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, has stated that Nigeria is paying close attention to the ongoing global tariff dispute as...
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70Lagos Worst Hit as Nigeria Loses Over ₦30b to 42 Market Fires
Between January 2023 and April 2025, at least 42 market fires ravaged major commercial hubs across 11 states in Nigeria. This led...
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120Nigerian 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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197Oil 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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89Electricity 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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169Oil 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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177Towards 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...
