Business News
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154No Grid Collapse Incident in Q1 –NERC
There was no power system collapse nor disturbance in the first quarter of 2025, a major improvement in grid stability, according to...
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125Oil Producers Resisted Crude Supply to Dangote, Others –NUPRC
Efforts of the Nigerian government to mandate upstream oil producers to allocate a portion of their output to domestic refineries were resisted...
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129Stocks, Futures Slide on Trump’s Tariff Threat
Stocks fell along with equity-index futures as President Donald Trump ratcheted up trade tensions again ahead of next week’s deadline for higher...
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118FG, Kaduna Govt Partner on Light Rail Project
The federal government says it will be collaborating with the Kaduna state government on the development of light rail projects across the...
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124FG Sets July Date for Petrol Pricing Summit
The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing...
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116We Sold Ibadan DisCo for ₦100b –AMCON
The Asset Management Corporation of Nigeria (AMCON), on Thursday, confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion....
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84FG Harps on Implementing Policies to Explore $3.4tr Opportunities in AfCFTA Single Market
The federal government has said that it is working towards fast-tracking policy implementation to unlock opportunities in the $3.4 trillion single market...
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107IMF: FG Needs to Rework 2025 Budget to Accommodate Lower Oil Prices
International Monetary Fund (IMF) yesterday disclosed that Nigeria needed to adapt its 2025 budget to lower oil prices and scale up cash...
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146Oil Prices Little Changed as Expectations for OPEC+ Increase Weigh
Oil futures were little changed on Wednesday as markets weighed expectations from more supply from major producers next month, a softer U.S....
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88Manufacturers Seek Access to Cheaper Raw Materials at Regional Trade Exhibition
Paint manufacturers in Nigeria are intensifying efforts to secure more affordable raw materials by pursuing regional partnerships and alternative sourcing strategies. This...
