Business News
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190Asian Stocks Fall on Nvidia, Geopolitical Risks
Asian equities slipped, reflecting macroeconomic concerns and a muted mood on Wall Street triggered by Nvidia Corp.’s lackluster revenue forecast. A gauge...
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153FG Unveils Credit Scheme to Buy Local Products
The Nigerian Consumer Credit Corporation has kicked off its project tagged Securing Consumer Access for Local Enterprises, an initiative to accelerate the...
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148NNPC’s Utapate Crude Grade Hits Market
In a major boost for Nigeria’s crude oil production, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate...
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56Discos List Conditions for ₦500b NASS Recapitalisation Plan
Electricity distribution companies have listed the conditions for accepting the National Assembly’s N500bn recapitalisation plan for each of the 11 Discos nationwide....
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127Oil Prices Edge Up on Geopolitical Tensions
Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact from a bigger-than-expected...
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125Petrol Price Soared by 87.88% in One Year
The National Bureau of Statistics (NBS) yesterday said the average retail price of the Premium Motor Spirit (PMS) rose by 87.88 per...
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178Stocks Lack Direction Ahead of Nvidia Earnings
Stocks in Asia fell while futures pointed to a muted open in Europe as traders were in wait mode before Nvidia Corp.’s...
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86Senate to Approve Tinubu’s $2.2b Loan Request
The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President,...
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82‘Investments in Road Infrastructure Will Boost Economy’
The Minister of Works, David Umahi, has said despite opposition from some quarters, President Bola Tinubu’s investments in critical road infrastructure across...
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109NERC to DisCos: Customers Not Responsible for Replacing Faulty Meters
The Nigerian Electricity Regulatory Commission (NERC) has warned electricity distribution companies (DisCos) to refrain from instructing customers to pay for the replacement...
