Business News
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3.0KOil Prices Set to Snap Two-Week Losing Streak as Peace in Ukraine Remains Elusive
Oil prices were little changed on Friday as hope for immediate peace between Russia and Ukraine dimmed, increasing the risk premium demanded...
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1.6KNigeria Produced 1.37TCF of Gas in H1 –NUPRC
Nigeria produced about 1.37 trillion standard cubic feet of natural gas between January and June 2025, according to data from the Nigerian...
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3.0KOil Little Changed as Investors Await Next Steps in Ukraine Peace Talks
Oil prices were little changed on Wednesday as investors await the next steps in talks to end Russia’s invasion of Ukraine, leaving...
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3.1KStock Rally Falters After Wall Street Tech Slump
Global stocks paused after a record-breaking run, with a sharp selloff in heavyweight technology shares dragging markets lower and futures indicating further...
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1.4KSEC, NAICOM Partnership Boosts Insurance Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a major boost on Tuesday, as the National Insurance Commission and the Securities and...
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147Nigeria’s Oil Worth ₦341tr Locked in Undeveloped Fields –Report
Over 3.5 billion barrels of oil and condensate reserves are locked in undeveloped fields across different basins in Nigeria, according to reports...
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2.8KFG to Review National Telecom Policy
The Ministry of Communications, Innovation and Digital Economy and the Nigerian Communications Commission (NCC) are collaborating to review the 2000 Telecoms Policy....
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2.7KGovernors Launch Platform to Attract FDIs, Say $2b Yearly Inflow Less Than 0.5% of GDP
State governors in the country yesterday floated an investment platform to enable the 36 states attract Foreign Direct Investments (FDIs). They said...
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2.7KNigeria Utilises Only 41% of Installed Generation Capacity Amid Stranded Power Crisis
The power sector in Nigeria has again highlighted the paradox that has defined its electricity supply chain, marked by significant installed generation...
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2.7KPenCom Blacklists Seven Mortgage Banks Over Housing Loans Breach
The National Pension Commission has directed Pension Fund Administrators and Pension Fund Custodians to immediately stop accepting or processing equity contribution applications...
