Business News

Nigeria Attracts $19.92b Investment Signals in Q2’25

Nigeria has attracted $19.92 billion worth of investment signals in the second quarter of 2025 (Q2’25), indicating a sharp increase of 277.9...

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Nigeria-Saudi Trade Volume Hits $600m

The trade volume between Nigeria and Saudi Arabia has exceeded $600 million. Saudi Arabia’s Charge d’Affaires, Saad Fahad Almarri, yesterday said that...

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Oil Set for Biggest Weekly Gain in Three Months as Russia Cuts Fuel Exports

Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s...

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Naira Abuse Inflates Printing Expenses, CBN Warns

The Central Bank of Nigeria has raised the alarm that the abuse and poor handling of naira banknotes are significantly increasing the...

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US-Nigeria Bilateral Trade Soared to $13b in 2024 –Consul General

The United States of America and Nigeria’s bilateral trade has soared to nearly $13billion in 2024, the U.S Consul General, Lagos, Rick...

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PENGASSAN, NUPENG Reject Govt’s Plan to Sell Assets

Two of Nigeria’s influential oil sector unions have strongly opposed the Federal Government’s reported plans to divest significant stakes in joint venture...

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FG Endorses China’s Global Governance Initiative

The Federal Republic of Nigeria has formally endorsed the Global Governance Initiative (GGI), launched by President Xi Jinping of the People’s Republic...