Business News
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326FG Eyes $500m World Bank Loan for Rural Roads
The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing across the...
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322NNPC Withdraws Suit Against ExxonMobil, Seplat $1.28bn Deal
The Nigerian National Petroleum Company Limited (NNPC) has applied to a High Court of the Federal Capital Territory, Abuja, to stop its...
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327NNPC Seeks Judiciary’s Support Against Crude Oil Theft
In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, its...
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344NIMC Reaffirms Commitment to Secure Identity Services
The National Identity Management Commission (NIMC) has assured Nigerians of its commitments to offer secure identity services, designed to protect citizens’ data,...
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307European Futures Fall as Dollar Rises After Fed
European stock futures are pointing to a weak opening after Asian markets were dragged down by selling in Japan ahead of Friday’s...
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235Interest Rate Hike May Not Lower Inflation, World Bank Warns CBN
The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation and...
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235Nigeria’s Oil Production Slumped to 1.25mb in May –OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that Nigeria’s average daily crude oil production fell to 1.25 million barrels per...
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161Oil Slips on US Growth Worries, Ample Crude Supply
Oil prices fell in early trade on Thursday as investors digested news that the U.S. Federal Reserve has opted against cutting interest...
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171Senate Challenges NLNG on $43m Projects
The Senate has called on the Nigeria Liquified Natural Gas (NLNG) Limited to prudently allocate the $43 million from the $4.3 billion...
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304European Stock Futures Rise Ahead of Key US Indicators
European stock futures edged higher as traders positioned ahead of this week’s US inflation data and Federal Reserve monetary-policy decision. Contracts on...
