Business News
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198FG Rolls out CNG-powered Vehicles, Projects $10b Market
The Federal Government has commenced the rollout of Compressed Natural Gas-powered buses and tricycles beginning from Ilorin, the Kwara State capital. On...
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138Nigeria’s 2023 Oil Export to Indonesia Hit $3.8b
Nigeria exported crude oil and gas valued at over $3.8bn to Indonesia in 2023, the Indonesian Ambassador to Nigeria, Usra Harahap, has...
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170Fed Govt to Give Special Forex Access to GenCos
Minister of Power, Adebayo Adelabu, has said the Federal Government is planning to give electricity generation companies (GenCos) access to foreign exchange...
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130FG Targets Greenhouse Emission Reduction Through Decarbonisation
The Federal Government has backed a pioneering move towards a sustainable and environmentally-friendly future. It partnered with Bibigizer Africa Limited, a leading...
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115Asian Stocks, Bonds Fall as High Yields Hit Mood
Stocks, currencies and bonds across Asia slumped on Thursday, as US Treasury yields near this year’s high underscored uncertainty over the timing...
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241NNPC Uncovers 122 Illegal Refineries, Seals Fuel Station
The Nigerian National Petroleum Company Limited (NNPCL) has discovered a total of 122 illegal oil refining sites in the past week across...
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116Oil Advances as Major Producers Expected to Keep Output Cuts in Place
Oil prices rose in Asian trading on Wednesday on expectations major producers will maintain output cuts at a meeting this Sunday, and...
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Asian Stocks Retreat as Bond Selloff Spreads
Stocks and bonds in Asia traded lower Wednesday as traders assessed the impact of the jump in US Treasury yields overnight, and...
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80FG Begins Rollout of Free 1 Million Gas Cylinders to Boost Clean Cooking
As part of its effort to promote clean cooking energy for families across the country, the Federal Government (FG) yesterday commenced the free...
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218‘Investment in Infrastructure will be Sustained’
President Bola Tinubu, on Tuesday in Abuja, inaugurated the Southern Parkway project, which serves as a critical artery connecting major areas within...
