Business Scene
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....
AI, digitisation, advanced analytics redefining entire energy value chain – NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says digitisation, automation, Artificial Intelligence (AI) and advanced analytics are redefining the...
Investors gain N377 billion on NGX amid bullish trend
The Nigerian stock market on Thursday rebounded with a gain of N377 billion on the Nigerian Exchange Ltd. Market capitalisation...
SAPZ will empower farmers – Shettima
Vice President Kashim Shettima says the construction of the Special Agro-Industrial Processing Zone (SAPZ) across the country will diversify the...
FG slams N628 million fine on eight power distribution companies
The Nigerian Electricity Regulatory Commission (NERC) has fined eight Electricity Distribution Companies (DisCos) N628, 031,583.94 for non-compliance with the capping...