Business News
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210Cyril Ramaphosa is Re-elected South Africa President in ‘New Era’ of Coalition
South African president Cyril Ramaphosa was re-elected to the country’s highest office for a second term late on Friday after he secured...
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314MAN: Capacity Utilisation, Production Sales, Investment Suffered Decline in Q1’24
A survey conducted by the Manufacturers Association of Nigeria (MAN) has revealed worsening impacts of the macroeconomic environment on the manufacturing sector....
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298Yen Falls After BOJ, European Stock Futures Rise
Asian equities dropped, weighed down by losses in China and Hong Kong, while the yen slumped against the dollar as the Bank...
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250Oil Prices Set for Best Week in Over 2 Months on Solid Demand Outlook
Oil prices eased on Friday as markets evaluated the impact of U.S. interest rates staying higher for longer than anticipated, but crude...
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249FG Eyes $500m World Bank Loan for Rural Roads
The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing across the...
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249NNPC Withdraws Suit Against ExxonMobil, Seplat $1.28bn Deal
The Nigerian National Petroleum Company Limited (NNPC) has applied to a High Court of the Federal Capital Territory, Abuja, to stop its...
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248NNPC Seeks Judiciary’s Support Against Crude Oil Theft
In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, its...
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257NIMC Reaffirms Commitment to Secure Identity Services
The National Identity Management Commission (NIMC) has assured Nigerians of its commitments to offer secure identity services, designed to protect citizens’ data,...
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235European Futures Fall as Dollar Rises After Fed
European stock futures are pointing to a weak opening after Asian markets were dragged down by selling in Japan ahead of Friday’s...
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156Interest Rate Hike May Not Lower Inflation, World Bank Warns CBN
The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation and...
