Business News
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150FG, States Raise ₦100b for Meter Procurement
The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power Adebayo Adelabu said...
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225Asian Stocks Edge Lower With Eyes on Tech Earnings
Asian shares snapped a three-day winning streak, led by tech stocks as investors focused on corporate earnings for fresh trading cues. The...
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208NNPC Begins LNG Shipment to Japan, China
The Nigerian National Petroleum Company Limited (NNPC Ltd) is making significant strides in expanding its global market footprint, with recent ventures into...
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163Oil Pauses Gains After Surging on Libyan Outages, Middle East Tensions
Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns...
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120FG to Summon Regulators, Producers to Address Current Hike in Cooking Gas Prices
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said he would invite regulatory agencies and producers of Liquefied Petroleum...
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129Nigeria’s Economy Maintains Growth Trajectory
Recent data from the National Bureau of Statistics (NBS) revealed that the domestic economy sustained its positive growth momentum in Q2-24, as...
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135Global Stocks Near Record on Count Down to Fed Cut
A gauge of global stocks traded near its record high Monday as the prospect of Federal Reserve interest rate cuts on the...
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130Power Sector Problems not Technical –Minister
The Minister of Power, Adedayo Adelabu, says the challenges facing the Nigeria electricity supply industry are not technical. Adelabu disclosed this in...
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151Fuel Scarcity Persists in Lagos, Others
At the weekend, the long petrol queues in Abuja appeared to have shortened in several parts of the Federal Capital Territory (FCT),...
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211Oil Set to End the Week Lower on Demand Concerns
Oil prices were little changed on Friday, on track to end the week lower, as downward revisions to U.S. employment data raised...
