Business News
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238Oil Tumbles as OPEC+ Accelerates Output Hikes, Surplus Looms
Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further speed up oil...
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146Nigeria, China Move to Strengthen Bilateral Relations
Director-General, Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, has stated that Nigeria is paying close attention to the ongoing global tariff dispute as...
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137Lagos Worst Hit as Nigeria Loses Over ₦30b to 42 Market Fires
Between January 2023 and April 2025, at least 42 market fires ravaged major commercial hubs across 11 states in Nigeria. This led...
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158Nigerian Crude Falls Below FG’s $65 Benchmark as OPEC Boosts Output
Nigerian crude prices have slumped below the federal government’s benchmark of $65 per barrel. This comes as the Organisation of Petroleum Exporting...
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232Oil Gains as China Opens Door for Trade Talks with US
Oil prices climbed on Friday after China said it was open for talks with the United States on tariffs, raising hopes of...
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128Electricity Subsidy Spending Balloons to ₦762b
Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity...
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194Oil Drops, Poised for Biggest Monthly Fall in Three Years
Oil prices extended declines on Wednesday and were set for their largest monthly drop in more than three years as the global...
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200Towards Sustaining Stronger Ties with EU
The Nigerian government has reiterated its deep commitment to strategic partnership with the European Union, as the European Bank for Reconstruction and...
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154Minister Unveils Roadmap for Nigeria’s Trade, Investment Boost Amid Global Standoffs
As global trade disputes necessitate strategic shifts in business models, the Minister of Trade and Investment, Jumoke Oduwole, has laid out a...
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155CBN Issues Directives on Export Proceeds Over $2,000
The Central Bank of Nigeria has issued a new directive mandating full documentation for all Pan-African Payment and Settlement System transactions involving...
