Business News
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98Swiss Cement Maker Sells $1b Stake in Lafarge
Swiss cement maker Holcim will exit its Nigerian business through the sale of its nearly 84 per cent stake in Lafarge Africa...
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99Oil Rises on Upbeat China Data, Shaky Israel-Lebanon Ceasefire
Oil prices rose on Monday, supported by upbeat factory activity in China, the world’s second largest oil consumer, and as Israel resumed...
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43PH Refinery: Low-key Operation Begins, Marketers Oppose ₦1,030/Litre
The Port Harcourt Refining Company has clarified that its operations were not completely halted but scaled down to facilitate improvements at the...
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62FG Pays ₦22.29/Kwh for Band A Customers
Checks on the Multi Year Tariff Order (MYTO) issued by the Nigerian Electricity Regulatory Commission (NERC) for November showed that the tariff...
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71Transport Fare Moderated 18.72% YOY in October –NBS
Despite the increase in the fuel pump price, the National Bureau of Statistics (NBS) has stated that there was a drop in...
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72SEC Flags Marino FX as Illegal Crypto Exchange
The Securities and Exchange Commission (SEC) has notified the public that Marino FX Ltd who is parading itself as a SEC licensed...
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160Nigeria, China Trade Volume Rose to $22b in 2023 –FG
The Federal Government, yesterday said that the trade volume between Nigeria and China rose to $22 billion in 2023. Director General and Global...
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153FG Approves Licence for 27,000 Barrels Refinery
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction...
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178Nigeria-UK’s £7.5b Trade Volume, Minister calls for More
The Minister of Industry, Trade and Investment, Jumoke Oduwole, the Nigeria British Chamber of Commerce, among others, have said there is a...
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168Chinese Stocks Lead Losses in Asia, Bonds Rise
Equities in China underperformed the region on Thursday as traders awaited signals of further stimulus from policymakers in Beijing ahead of a...
