Business Scene
AfCFTA: FG gazettes ECOWAS tariffs
The Federal Government has officially gazetted and transmitted the ECOWAS schedule of tariff offers for Trade in Goods under the...
Power generation: NMDPRA slashes gas price for GenCos
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has slashed the price of natural gas for power generation companies...
Nigeria’s crude oil output drops in March
Nigeria’s average daily crude output fell in March, to an average of 1.40 million barrels per day, from 1.465 mbpd...
FG plans $2.3 billion investment to revamp power sector
Minister of power, Adebayo Adelabu, has disclosed plans by the federal government to secure about $2.3 billion investment to revamp...
African growth feasible with investments, not aid – Adesina
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has advised African countries to overhaul their development models,...
Nigeria’s oil reserves stand at 37.28 billion barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Friday said that the nation’s crude oil reserves stood at 37.28 billion...
Stock market ends week negative, index sheds 0.21%
The stock market closed the week on a bearish note, as key performance indicators dipped by 0.21 per cent on...
Housing: Benue gov’t to set up mortgage bank
The Benue Investment and Property Company Limited (BIPC) has disclosed that plans are in the works for the establishment of...
Nigeria got $50 billion from Afreximbank funds in 10 years
President and Chairman of the Board of Directors of Afreximbank, Benedict Oramah, has disclosed Afreximbank disbursed a total of $50bn...
Nigeria’s debt to World Bank rises to $17.81 billion in 2024
Nigeria’s total debt to the World Bank rose to $17.81 billion as of December 2024, from $15.45 billion in 2023....