Business News
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336Govt Targets Lower Fuel Imports with Bio-Ethanol Project
The Federal Government has taken steps to increase the production of fuel-grade ethanol in Nigeria as part of efforts to reduce the...
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355Oil Rises as Focus Returns to Threats on Middle East Export Facilities
Oil prices rose on Monday as investor focus returned to threats facing Middle East oil facilities, despite U.S. President Donald Trump’s call...
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273Nigeria, Tanzania Strengthen Bilateral Trade, Investment Ties
Nigeria and Tanzania have taken steps to strengthen bilateral trade and investment relations as part of efforts to deepen intra-African economic cooperation...
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265Nigeria Spent $5.2b Servicing External Debt in 2025
Nigeria spent about $5.21bn servicing external debt obligations in 2025, accounting for more than 72 per cent of the country’s total international...
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419Stocks Rise as Crude Oil Below $90 Brightens Mood
Stocks rose and oil held below $90 a barrel after a report on the proposed release of oil reserves to ease higher...
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396M’East Conflict May Worsen Living Conditions –FG
The Federal Government has warned that the escalating geopolitical tensions in the Middle East could worsen the cost of living in Nigeria...
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408Nigeria to Surpass $48.3b Trade Deals at Intra-African Fair –Tinubu
President Bola Ahmed Tinubu has said Nigeria is aiming to surpass the $48.3 billion in trade and investment deals recorded at the...
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299FAAC: All Revenue-Generating Agencies Posted Sub 40% Performance in December
All the federal government’s major revenue-generating agencies fell short of their expected contributions to the Federation Account in December 2025, according to...
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352
Oil Soars 25%, Gold Drops as Iran War Jolts Global Commodity Markets
Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-day gain, while...
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335Stocks Slump as Oil Nears $120, Dollar Advances
Equities tumbled as crude oil surged above $100 a barrel for the first time since 2022, with the US-Israeli war against Iran...
