Business News
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199FG to Audit Public-Private Partnership Projects
The Federal Government plans to conduct an audit of all public-private partnership (PPP) projects across Nigeria. The aim is to evaluate their...
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196Oil Prices Fall as US Rate Cut Fails to Boost Market Sentiment
Oil prices fell in Asian trading on Thursday after a larger-than-expected Federal Reserve interest rate cut sparked concerns about the U.S. economy....
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194FAAC Shares ₦1.2tr to FG, States LGs for August
The Federation Account Allocation Committee (FAAC), at its September 2024 meeting chaired by the minister of finance and coordinating minister of the...
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217Petrol Price: NNPCL not Usurping our Powers –NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that the Nigerian National Petroleum Company Limited (NNPCL) has not usurped...
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211Oil Prices Steady, with Investors Focusing on Fed Decision
Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve’s anticipated interest rate...
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228Oil Climbs on US Output Concerns
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of...
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182FG, States, LGs Shared ₦3.47tr in Q2 –NEITI
The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government...
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234European Shares Set to Rise Ahead of Fed, BOJ
European stock futures rose while Japanese shares declined, as investors looked ahead to decisions from a slew of central banks this week....
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145134 Illegal Oil Refineries Demobilised, 63 Illegal Pipelines Uncovered in a Week –NNPC
As part of Nigeria’s fight against oil theft, the Nigerian National Petroleum Company Limited (NNPC) has disclosed that 134 illegal refineries were...
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150FG Targets $1.5b GDP Through Halal Economy
The Nigerian government says it will launch a comprehensive strategy on Wednesday to become a leading player in the $7tn Halal economy....
