Business News
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229Yuletide Pushes Petrol Consumption to 50 million Litres –NMDPRA
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has disclosed that the country’s daily petrol consumption...
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164Oil Prices Rise on Optimism Over Solid US Fuel Demand
Oil prices rose on Thursday, extending the previous day’s rally, driven by optimism over U.S. fuel demand following an unexpected drop in...
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18633.9m Nigerians Lack Financial Access –CBN
The Central Bank of Nigeria (CBN) has recorded progress in financial inclusion rate with 52 percent of adult Nigerians having formal bank accounts. However,...
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176Britain Targets the Wealthy as it Hikes Taxes by £40b
The United Kingdom is raising taxes by an eye-watering £40 billion ($52 billion), as the government seeks to plug a hole in...
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150FG to Transform Wholesale Markets
Federal Ministry of Agriculture and Food Security has unveiled a strategy to reshape wholesale markets and bolster food distribution network. This Strategic...
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134Oil Hovers at One-month Low with Supply Drivers Back in Focus
Oil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between...
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197Funding: SEC Vows to Support SMEs
The Securities and Exchange Commission (SEC) has expressed its readiness to support Small and Medium Enterprises (SMEs), to offer shares to investors...
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182Blackout in North: Tinubu Directs Speedy Restoration of Power, Summons Minister, NSA
President Bola Tinubu has expressed concern over the recent blackout in the northern region of Nigeria. Tinubu announced efforts to end the...
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194IFC’s $1b Boost for Nigeria’s Key Sectors
The International Finance Corporation (IFC) plans to provide more than $1 billion in the coming years to scale up financing of critical...
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125Asian Shares Fluctuate With US Elections in Focus
Asian equities traded in a tight range as investors prepared for the US election and key economic data that will set the...
