Business News
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39States Plan ₦28.8tr Spending on Infrastructure
State governors have outlined ambitious plans to boost capital expenditure in states to address the infrastructure deficit in their various domains. The...
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56NUPRC, Others Sensitise on Communities’ Trust Fund
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in collaboration with Hostcom Project Management and Adversary Consult Limited, has urged Host Communities Development...
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106‘Increase in FDI will increase Government’s Revenue Profile’
A media organisation has described the $17 billion Foreign Direct Investments (FDI) in the oil and gas industry in 2024 announced by...
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123Oil Bounces as Ukraine Ceasefire Deal Remains Elusive
Oil prices rebounded on Friday to recover some of their more than 1% losses in the previous session, partly due to diminishing...
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125Nigeria, China Seek to Remove Trade Barriers
The federal government has called for the removal of obstacles hindering investment and economic growth, as Nigeria and China move to strengthen...
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57Again, Dangote Lowers Petrol Loading Cost to ₦815/Litre
The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at...
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125FG Okays Loan for States Intra-City Rail Development
Determined to link rail mode to hinterland, the Federal government has agreed to support all interested state governments through loans for development of...
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122Nigeria-Korea Trade Volume Now $2.2b
The Ambassador of the Republic of Korea to Nigeria, Kim Pankyu yesterday said the bilateral trade between Nigeria and Korea increased to...
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124BASA: Nigeria, Jamaica Strengthen Ties in Aviation, Trade, and Culture
Nigeria’s Aviation Minister, Festus Keyamo SAN, met with Jamaican Ambassador Lincoln Downer on March 11, 2025, to discuss strengthening bilateral relations between the...
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116Petrol: Marketers Struggle with Low Margins Amid Price Fragmentation
Petroleum marketers and importers in Nigeria’s downstream sector are grappling with shrinking profit margins as fragmented pricing disrupts the market, forcing many to...
