Business News
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208Boosted by African Investors, Foreign Capital Inflows Soars 261.33% YoY
Recent data released by the National Bureau of Statistics (NBS), has revealed that African investors, excluding Nigerians, accounted for 22.76 per cent...
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208Oil Falls on Demand Growth Concerns, Robust Dollar
Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks...
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208How FG will Achieve 15% Inflation in 2025 –Presidency
The federal government has provided an explanation for how it will achieve the 15 percent projected inflation in the 2025 appropriation bill...
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229FG Exempts Cooking Gas Importers from Duty Payment
The Federal Government through the Nigeria Customs Service has said that the importation of Liquefied Petroleum Gas (cooking gas) under HS Codes...
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24113m Nigerians to Benefit from World Bank’s $750m Renewable Scale-up Programme –Adelabu
The federal government yesterday disclosed that over 13 million Nigerians will benefit from the takeoff of the $750 million of Nigeria’s Distributed...
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187FG Approves Shell’s $2.4b Onshore Asset Sale to Renaissance
Renaissance Africa Energy Company Limited, a local oil and gas consortium, says it has received ministerial consent to acquire Shell Petroleum Development...
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186Nigeria to Generate $320m from Innovative Carbon Credit Initiative
The Executive Director, Operations and Technical, Tantita Security Service Ltd, Warredi Enisuoh, has said that through innovative carbon credit initiatives, Niger Delta...
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253FG’s Electricity Subsidies Rise 2.76% to ₦199.64b in Dec –NERC
The Nigerian Electricity Regulatory Commission, NERC, has disclosed that electricity subsidies payable by the Federal Government for the month of December has...
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202Senate Passes Bill on New Minimum Capital Requirement for Insurance Firms
The Senate passed a bill yesterday seeking to increase the capital base of risk-based insurance companies. It, nevertheless, reduced the figures proposed...
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251Oil Prices Nudge Down on Demand Concerns, Focus on Fed Meeting
Oil prices eased further on Tuesday as China’s economic data renewed demand concerns, while investors remained cautious ahead of the U.S. Federal...
