Business News
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104NNPC Eyes 20% Stake in Dangote Rrefinery
The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20bn Dangote Petroleum Refinery to...
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103Oil Slips on Oversupply Concerns After OPEC+ Output Plans
Oil prices slipped on Tuesday as investors read OPEC+’s decision to pause output hikes in the first quarter as a signal of...
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103Retailers Warn of Looming Cooking Gas Scarcity
Nigerians may be facing another wave of cooking gas scarcity as retailers warn that supplies of Liquefied Petroleum Gas are thinning once...
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103FG Seeks IMF’s Support to Strengthen Fiscal Resilience in Oil Sector
The federal government has sought the technical support of the International Monetary Fund (IMF) in designing a transparent and resilient price modulation...
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97Stocks, Futures Rise as October Optimism Continues
Asian stocks advanced alongside US equity-index futures, suggesting that the seven-month rally in global equities may still have room to run amid...
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74Oil Extends Gains After OPEC+ Suspends Output Hikes in Q1
Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, which eased...
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76Nigeria’s FATF Delisting to Unlock $2.3tr Infrastructure Funding –ICRC
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed by the Infrastructure Concession Regulatory Commission (ICRC) as...
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69Govs, Investors Raise $500m for Solar Manufacturing –Minister
The Federal Government, in partnership with state governors and private investors, has secured nearly $500m to establish solar manufacturing plants across Nigeria,...
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83National Assembly Approves $2.347b External Borrowing Plan
The National Assembly yesterday approved President Bola Tinubu’s request to implement the new external borrowing plan contained in the 2025 Appropriation Act....
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163Stocks Rise on AI Sentiment, Fed Rate-Cut Bets
Stocks advanced on optimism that artificial intelligence will continue to drive profits at megacap technology companies reporting earnings this week, and growing...
