Business News
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395Oil Prices Slip on Concerns Over Tariffs, Slowdown Fears
Oil prices fell for a second day on Tuesday, as concerns mounted over a potential U.S. recession, the impact of tariffs on...
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297House Committee to Enforce Strict Oversight, Accountability in SEDC ₦250b Budgetary Allocation
The House of Representatives Committee on South East Development Commission (SEDC) has assured Nigerians that it would ensure accountability and transparency in...
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429Minister Gives Cement Manufacturers One Week Ultimatum to Stabilise Price at ₦7000
Minister of Works, Engineer Nweze Dave Umahi has called on the cement manufacturers to bring down the cost of their product to...
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231NCDMB Mobilises Stakeholders to Boost Local Line Pipe Manufacturing
The Nigerian Content Development and Monitoring Board (NCDMB) has successfully built a strong consensus among key oil and gas industry stakeholders to accelerate...
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210New Railway Masterplan to Transform Sector in Five Years
The Nigerian Railway Corporation (NRC) has announced a comprehensive reform plan aimed at transforming the country’s rail sector within the next five years, with...
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318FG, Tanker Drivers Split Over 60,000 Truck Ban Enforcement
Despite a public announcement that trucks transporting more than 60,000 litres of hydrocarbon products would be prohibited from loading at depots and...
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453Petrol Imports Jump 105% to ₦15tr –NBS Report
Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel,...
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334Oil Prices Decline as Tariff Uncertainty Keeps Investors on Edge
Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as...
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200NCDMB Acquires 20% Equity in 100bpd Refinery
The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per...
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189Market Operators Rally Stakeholders to Accelerate Gender Equality in Nigeria
Nigerian Exchange Group Plc (NGX), in collaboration with Central Securities Clearing System Plc (CSCS), hosted a high-impact symposium to mark International Women’s...
