Business News
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303Nigeria, China Bilateral Trade Volume Surpasses $28b
The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference,...
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284Middle East War Will Trigger Stagflation, IMF Warns
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East would push up prices and weaken economic...
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277Africa Loses $88b Yearly to Illicit Financial Flows, Says Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said Africa loses about $88 billion to illicit financial flows...
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329Oil Whipsaws as Traders Weigh Iran De-escalation Report Against Prolonged Hormuz Closure
Oil prices were little changed on Tuesday as investors weighed the possibility of U.S. President Donald Trump ending the Iran war against...
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314Nigeria Gains Zero-Tariff Access to Chinese Market
Nigeria’s trade relationship with China is set for a major boost as a new zero-tariff policy on Nigerian exports to the Asian...
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316Crude Oil and LNG Supply are at Risk of the Worst-Possible Scenario
A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and liquefied natural...
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259BoI’s ₦825m Green Fund Cuts Costs, Boosts Output
Small and large enterprises across Nigeria are recording lower production costs and improved operational efficiency following access to a N825 million clean...
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278FDI Underperforms Amid Surge in 2025 Capital Inflows
Foreign direct investment accounted for less than four per cent of total capital imported into Nigeria in 2025, despite a significant increase...
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253CBN Okays 100% Forex Repatriation for Oil Companies
The Central Bank of Nigeria has approved the full repatriation of export proceeds by International Oil Companies, allowing them to access 100...
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333In Major Investment Drive, EU Unveils €290m Global Gateway Package for Nigeria
European Union yesterday announced a significant expansion of its strategic partnership with Nigeria, unveiling a €290 million investment package under its Global...
