Business
-
Chinese Economic Growth among Slowest in Decades
China has recorded one of its slowest rates of economic growth in decades last year, data showed Friday, as leaders…
Read More » -
Minister of State for Petroleum Explains Deregulation and Impact of Rising Crude Oil Prices on Petrol Costs
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has emphasized that fluctuations in petrol prices are primarily driven…
Read More » -
Dangote Refinery Faces Crude Supply Shortages, Set to Import More as NNPC Struggles to Meet Demand
The Dangote Petroleum Refinery, located in Lekki, is preparing to increase its imports of crude oil as local supply from…
Read More » -
World Bank Forecasts 3.6% Economic Growth for Nigeria in 2025-2026 Amid Reforms
The World Bank has projected that Nigeria’s economy will grow at an average rate of 3.6% between 2025 and 2026,…
Read More » -
Nigerian Governors Back Tax Reform Bills, Propose New VAT Sharing Formula
Nigerian governors have expressed their strong support for the Nigerian Government’s proposed tax reform bills, while suggesting a revised formula…
Read More » -
FG Rejects Telecoms’ 100% Tariff Increase Proposal, Considers Lower Adjustment
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has firmly stated that the Federal Government will not approve…
Read More » -
Nigeria’s Oil Production Rises by 6.3% YoY in December 2024, OPEC Reports
Nigeria’s crude oil output, excluding condensate, increased by 6.3% year-on-year (YoY) in December 2024, reaching 1.507 million barrels per day…
Read More » -
ICPC Files Five-Count Charge Against Jimi Lawal Over Alleged Public Fund Diversion and Money Laundering
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has filed a five-count charge of unlawful diversion of public…
Read More » -
CBN Launches DocFlow, MDA Naira Payment Solutions
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched two transformative initiatives, the Document Flow (DocFlow)…
Read More » -
Dangote Refinery Petrol Production Affecting European Markets – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has…
Read More »