Business News
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141Revenue-Generating Agencies Owe FG Over ₦3tr –FAAC
The Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted...
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127FG Awards ₦14B Shoreline Protection Contract for Outer Mariner
The Federal Government has awarded a contract worth about N14 billion to a construction company, Buildwell, for the reconstruction of the outer...
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330South African Rand Extends Gains After Unity Government Confirmed
South Africa’s rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week...
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192Cyril Ramaphosa is Re-elected South Africa President in ‘New Era’ of Coalition
South African president Cyril Ramaphosa was re-elected to the country’s highest office for a second term late on Friday after he secured...
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296MAN: Capacity Utilisation, Production Sales, Investment Suffered Decline in Q1’24
A survey conducted by the Manufacturers Association of Nigeria (MAN) has revealed worsening impacts of the macroeconomic environment on the manufacturing sector....
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280Yen Falls After BOJ, European Stock Futures Rise
Asian equities dropped, weighed down by losses in China and Hong Kong, while the yen slumped against the dollar as the Bank...
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234Oil Prices Set for Best Week in Over 2 Months on Solid Demand Outlook
Oil prices eased on Friday as markets evaluated the impact of U.S. interest rates staying higher for longer than anticipated, but crude...
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233FG Eyes $500m World Bank Loan for Rural Roads
The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing across the...
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233NNPC Withdraws Suit Against ExxonMobil, Seplat $1.28bn Deal
The Nigerian National Petroleum Company Limited (NNPC) has applied to a High Court of the Federal Capital Territory, Abuja, to stop its...
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232NNPC Seeks Judiciary’s Support Against Crude Oil Theft
In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, its...
