Business News
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149Asian Equities Advance Ahead of China’s Reopening
Asian stocks advanced, boost by optimism about the health of the US economy and speculation that stimulus will finally kick-start growth in...
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139Oil Prices Dip After Strongest Weekly Rise in Over a Year
Oil prices fell on Monday after posting their steepest weekly rise in over a year last week as oversupply concerns amid softer...
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21690m Litre Stuck as NNPCL Shuts Petrol Purchasing Portal –Marketers
Oil marketers have warned of impending fuel scarcity over the decision of the Nigerian National Petroleum Company Limited (NNPCL) to shut down...
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231
Nigeria, Ghana sign MoU on Local Content
The Nigerian Content Development and Monitoring Board (NCDMB) has signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards...
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254Reps Approve FG Takeover of Kebbi, Nasarawa Airports
The House of Representatives on Thursday approved President Bola Tinubu’s request for a refund of about N24bn to the Kebbi and Nasarawa...
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236Local Refineries Produced 1.46b Litres of Petrol –Report
From 2015 to 2019, Nigeria could only produce 1.46 billion litres of petrol due to low refining capacity caused by the country’s...
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239FG Unveils New Fiscal Incentives to Boost Oil, Gas Sector
The federal government has unveiled a set of fiscal incentives and concessions designed to bolster operations in the nation’s upstream and downstream...
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248FG to Launch Employment Programme to Create 2.5m Jobs
The Federal Government is planning to launch the Renewed Hope Labour Employment and Empowerment Programme (LEEP) that is aimed at facilitating the...
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244MEMAN Urges FG to Concession Nation’s Refineries
The Major Energy Marketers Association of Nigeria (MEMAN) says the concession of the Nigerian National Petroleum Company Ltd (NNPCL) refineries is the...
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213Oil Gains on Middle East Conflicts, HK Stocks Jump
Oil advanced after tensions in the Middle East flared up with Iran firing a barrage of missiles at Israel. Asian stocks gained,...
