Business & Economy - Page 106

Capital market

NNPCL Revenue Hits ₦6 Trillion in May as Oil Output Inches Up

The Nigerian National Petroleum Company Limited (NNPCL) posted ₦6.008 trillion in revenue for May 2025, marking a slight increase from the ₦5.972 trillion recorded in April. The rise follows steady gains in crude oil and condensate production, which climbed to 1.63 million

July 1, 2025

Business & Economy

Private sector accounts for 47.76% of N10.95trn trillion pension contributions

By MIKE ABBAH Nigeria’s private sector accounts for 47.76% of the country’s pension fund contributions of N10.95 trillion as of the second quarter of 2024. While this sector contributed N5.23 trillion, the public sector contributed slightly more, at N5.72 trillion. This represents

September 23, 2024

Business & Economy

Finance experts caution against interest rate hike as MPC meeting starts today, Monday Set. 23

By MIKE ABBAH Finance experts and analysts have advised the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) to put on hold further interest rate hikes. The two-day MPC meeting is scheduled for today, Monday to Tuesday, September 23 -24, 2024.

September 23, 2024

Business & Economy

Rail transport revenue rises amid high debt servicing, running costs

Nigeria’s rail transport recorded improved revenue and higher passenger and cargo services in the second quarter of the year (Q2 2024) according to data by the National Bureau of Statistics (NBS). According to NBS, in Q2 2024, a total of 689,263 passengers

September 23, 2024

Business & Economy

Manufacturers to FG: Economy slumping, not growing, poverty soaring, income stagnant, exchange rate high

Manufacturers in Nigeria have asked the nation’s economic managers to quit titillating themselves with bogus and politically-sauced growth figures of a towering economy, when the reality on the ground speaks to the exact opposite as epitomised by widening poverty and sky-high prices

September 22, 2024

Business & Economy

Enugu announces targeted trade fair to boost SMEs

As part of its efforts to strengthen micro, small, and medium-sized enterprises (MSMEs) in the State, the Enugu State Government has disclosed plans for a a trade fair aimed at accelerating growth of local businesses. The event, set to take place

September 22, 2024

Business & Economy

Tinubu’s economic policies have turned Nigeria into a beggar colony – Chief Obi

The immediate past chairman of Aba Industrialists Association (AIA), Chief Emma Obi has said that President Bola Tinubu’s economic policies have turned Nigerians to beggars as people are now begging for food to eat on daily basis. Speaking in a chat,

September 22, 2024

Business & Economy

Allow Dangote to sell its petroluem products at own price, Afe Babalola tells FG, NNPCL

The founder of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola (SAN) has called on the Federal Government and the Nigerian National Petroleum Corporation Limited (NNPCL) not to dictate to Dangote Refinery the price at which it can sell its products in

September 22, 2024

Business & Economy

Nigerian Activists, Others Demand $5Tn From Rich Nations On Climate Debt

Activists in Nigeria and the rest of the world recently held hundreds of climate actions, calling on governments in the Global North to pay up $5 trillion annually as a down payment towards their climate debt to the countries, people and communities

September 22, 2024

Business & Economy·Opinion

NOTES FROM ATLANTA: Conspiracy of price gouging between Dangote and NNPCL, by Farooq A. Kperogi

I had said to myself and to people close to me that I would never write again on the untenably rising prices of petrol in Nigeria because when I wrote column after column to presage the unfolding petrol-price-inspired cost-of-living tragedy, scores of

September 21, 2024

Business & Economy·News

Tinubu commits to business-friendly reforms as Coca-Cola announces $1 billion investment in Nigeria

President Bola Tinubu has once again emphasized his administration’s dedication to establishing a strong financial system and fostering a business-friendly environment aimed at attracting increased foreign direct investment. This pledge was made during an event held on Thursday in Abuja, where the

September 20, 2024

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Business & Economy - Page 106

NNPCL Revenue Hits ₦6 Trillion in May as Oil Output Inches Up

Private sector accounts for 47.76% of N10.95trn trillion pension contributions

Finance experts caution against interest rate hike as MPC meeting starts today, Monday Set. 23

Rail transport revenue rises amid high debt servicing, running costs

Manufacturers to FG: Economy slumping, not growing, poverty soaring, income stagnant, exchange rate high

Enugu announces targeted trade fair to boost SMEs

Tinubu’s economic policies have turned Nigeria into a beggar colony – Chief Obi

Allow Dangote to sell its petroluem products at own price, Afe Babalola tells FG, NNPCL

Nigerian Activists, Others Demand $5Tn From Rich Nations On Climate Debt

NOTES FROM ATLANTA: Conspiracy of price gouging between Dangote and NNPCL, by Farooq A. Kperogi

Tinubu commits to business-friendly reforms as Coca-Cola announces $1 billion investment in Nigeria

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