Business News
-
192Africa holds 125b Oil Barrels, Says NUPRC
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) said Africa holds substantial oil and gas reserves. The continent’s proven oil reserves are estimated...
-
249FG Revokes ₦757b Obajana-Benin Highway Contracts
Contracts for the dualisation of the 489-kilometre Obajana-Benin Highway have been terminated by the Federal Government. The action, according to Works Minister...
-
173Nigeria gets $19.5b of SSA’s $54b Diaspora Remittances –World Bank
Nigeria accounted for about 35 per cent of diaspora remittances in Sub-Saharan Africa (SSA), with the country receiving $19.5 billion out of...
-
176Euro Rallies After French Vote, Stock Futures Gain
The euro advanced with European stock-index futures on speculation Marine Le Pen’s far-right party will struggle to win an outright majority in...
-
189Work to begin on Lagos-Calabar Coastal Highway’s Sections 3 and 4
President Bola Ahmed Tinubu has approved the commencement of construction for Sections 3 and 4 of the Lagos-Calabar Coastal Highway, spanning from...
-
173Oil Inches Higher on Summer Demand Outlook
Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption...
-
250₦180tr Fed Govt’s Consumer Credit Scheme Set for Takeoff
The Consumer Credit Scheme of the Federal Government will take off with a target of N180 trillion available as loans to the...
-
152Economic Zones Remitted ₦11.1b in Three Years –NEPZA Boss
The Managing Director/Chief Executive, Nigeria Export Process Zones Authority (NEPZA), Olufemi Ogunyemi, said the country’s Free Trade Zones (FTZs) generated N11.1 billion...
-
268Oil Rises on Positive Economic Outlooks
Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that...
-
168FG Rolls Out ₦1tr Palliative, Construction Projects
President Bola Tinubu on Thursday gave all the state governors seven days to provide concrete feedback on their plans to rev up...
