Business & Economy - Page 113

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

Tinubu to present N47.9trn as 2025 budget

President Bola Tinubu has proposed a total of N47.9 trillion for the 2025 budget. Minister of budget and economic planning Atiku Bagudu announced this after Thursday’s Federal Executive Council (FEC) meeting presided over by Tinubu. This budget proposal is part of the

November 15, 2024

Business & Economy

Over 10,000 participants expected at Aba International Trade Fair – Deputy Governor

The Abia State Government is expecting over 10,000 participants at the 2024 Aba International Trade Fair taking place from November 28 to December 7, 2024, the State Deputy Governor, Ikechukwu Emetu, has disclosed. Addressing a press conference held yesterday (Wednesday, November 13)

November 14, 2024

Business & Economy

In more positive business relationship, NNPCL signs 10-year deal to supply gas to Dangote Refinery

The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE, the News Agency of Nigeria has reported. Under

November 14, 2024

Business & Economy

YULETIDE: South East residents lament as naira scarcity returns, bites

POS operators charge N300 per N5,000, N500 for N10,000 From IKECHUKWU NNADI, Nsukka Residents of the South East zone, comprising Abia, Anambra, Enugu, Ebonyi and Imo states have expressed sadness at the frustration and disappointments they experience while trying to carry out

November 13, 2024

Business & Economy

Distraught manufacturers task FG on lasting solution to forex scarcity

The Manufacturers Association of Nigeria (MAN), Ogun State branch, has called on the Federal Government to take urgent and concerted action to resolve the current foreign exchange scarcity and surge in dollar prices. Speaking yesterday (Tuesday, November 12) on the theme “Dollar to Naira

November 13, 2024

Business & Economy

NGX loses N69bn as sell-offs hit Oando, Dangote Sugar, Nestle

By RUKAYAT ADEYEMI The Nigerian stock market closed on a bearish note on Tuesday, with a loss of N69 billion, due to sell-offs in large and medium capitalised stocks. The Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N59.004 trillion, dropped

November 13, 2024

Business & Economy

Stock market opens bullish, gains N84bn

By RUKUYAT ADEYEMI The Nigerian Exchange Ltd. (NGX) on Monday opened the week positive with N84 billion profit added to the portfolios of investors. Specifically, the market capitalization which opened at N58.920 trillion, gained N84 billion or 0.14 per cent to

November 12, 2024

Business & Economy

ECCIMA rallies support for Dangote, urges govt to prioritize local production over importation

Blames continuous naira depreciation for low local production From IKECHUKWU NNADI, Enugu The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has urged the federal government and other stakeholders in the nation’s economy to take steps to protect the Dangote Refinery and

November 12, 2024

Business & Economy

FG’s Commercial, Industrial Trade Fair begins Friday in Lagos

By CHIJIOKE KINGSLEY The federal government is set to hold the much talked about Commercial and Industrial Trade Fair which will begin this Friday 15 – 26th November 2024, at the Lagos International Trade Fair Complex, Badagry Expressway. The Management Complex, headed

November 11, 2024

Business & Economy·Opinion

Dangote Refinery’s solo fight against ‘dirty fuel’ dump in Nigeria, by Ehichioya Ezomon

If Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, had thought his efforts and dogged determination to brace the odds and establish the multibillion dollar 650,000bpd-capacity Dangote Petroleum Refinery would bring him praises, and alleviate Nigeria’s decades-long dependence on corrupt

November 10, 2024

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Business & Economy - Page 113

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

Tinubu to present N47.9trn as 2025 budget

Over 10,000 participants expected at Aba International Trade Fair – Deputy Governor

In more positive business relationship, NNPCL signs 10-year deal to supply gas to Dangote Refinery

YULETIDE: South East residents lament as naira scarcity returns, bites

Distraught manufacturers task FG on lasting solution to forex scarcity

NGX loses N69bn as sell-offs hit Oando, Dangote Sugar, Nestle

Stock market opens bullish, gains N84bn

ECCIMA rallies support for Dangote, urges govt to prioritize local production over importation

FG’s Commercial, Industrial Trade Fair begins Friday in Lagos

Dangote Refinery’s solo fight against ‘dirty fuel’ dump in Nigeria, by Ehichioya Ezomon

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