Business News
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143Fed Govt to Give Special Forex Access to GenCos
Minister of Power, Adebayo Adelabu, has said the Federal Government is planning to give electricity generation companies (GenCos) access to foreign exchange...
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108FG Targets Greenhouse Emission Reduction Through Decarbonisation
The Federal Government has backed a pioneering move towards a sustainable and environmentally-friendly future. It partnered with Bibigizer Africa Limited, a leading...
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96Asian Stocks, Bonds Fall as High Yields Hit Mood
Stocks, currencies and bonds across Asia slumped on Thursday, as US Treasury yields near this year’s high underscored uncertainty over the timing...
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129NNPC Uncovers 122 Illegal Refineries, Seals Fuel Station
The Nigerian National Petroleum Company Limited (NNPCL) has discovered a total of 122 illegal oil refining sites in the past week across...
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98Oil Advances as Major Producers Expected to Keep Output Cuts in Place
Oil prices rose in Asian trading on Wednesday on expectations major producers will maintain output cuts at a meeting this Sunday, and...
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99
Asian Stocks Retreat as Bond Selloff Spreads
Stocks and bonds in Asia traded lower Wednesday as traders assessed the impact of the jump in US Treasury yields overnight, and...
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62FG Begins Rollout of Free 1 Million Gas Cylinders to Boost Clean Cooking
As part of its effort to promote clean cooking energy for families across the country, the Federal Government (FG) yesterday commenced the free...
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192‘Investment in Infrastructure will be Sustained’
President Bola Tinubu, on Tuesday in Abuja, inaugurated the Southern Parkway project, which serves as a critical artery connecting major areas within...
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98
‘Executive Orders on Oil and Gas Reforms to Make Nigeria Globally Competitive’
President Bola Tinubu, on Tuesday in Abuja, said the three Executive Orders on oil and gas reforms, which he signed, will make...
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103NEITI Seeks Timely Provision of Data by Agencies, Companies
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday urged government agencies, as well as oil and mining firms, to comply with the...
