Business & Economy - Page 17

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

Why cement costs more in Nigeria than Kenya, Togo – FCCPC probe

An industry-wide investigation by the Federal Competition and Consumer Protection Commission (FCCPC) has revealed possible price manipulation within Nigeria’s cement market, noting that retail prices in the country remain higher than in several other African nations despite Nigeria’s large production capacity and

August 18, 2026

Business & Economy

Economic reforms surge federal allocations beyond n2 trillion monthly, says Minister

Monthly allocations to Nigeria’s three tiers of government have crossed the N2 trillion mark, up from an average of N300 billion to N600 billion under previous administrations, due to key macro-economic policy reforms. The Minister of Finance and Coordinating Minister of the

August 18, 2026

Business & Economy

Nigeria’s inflation rate drops to 15.43% in July – NBS

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 15.43 per cent in July. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for July released in Abuja on Monday The report said that

August 17, 2026

Business & Economy

India-Nigeria bilateral trade surges 26% to $9 billion as economic ties broaden

Bilateral trade between India and Nigeria jumped 26 percent to approximately $9 billion in the 2025–26 fiscal year, up from $7.13 billion recorded in 2024–25. The sharp rise reflects a concerted effort by both nations to expand economic cooperation past traditional crude

August 17, 2026

Business & Economy

NSDC mobilises $1bn investment pipeline to accelerate Nigeria’s drive towards sugar self-sufficiency

The National Sugar Development Council has announced a $1 billion investment pipeline aimed at accelerating Nigeria’s domestic sugar production and ending its heavy reliance on foreign imports. The council confirmed that the major initiative is built on a $1 billion Engineering, Procurement,

August 17, 2026

Business & Economy

Stakeholders express divergent views on refinery revival

Nigerians from different sectors of the economy have expressed divergent views over the Federal government’s plan to revive the state-owned refineries. President Bola Tinubu, on Thursday, assured Nigerians that the nation’s refineries would resume operations. He gave the assurance when he received

August 16, 2026

Business & Economy

FG unveils automated crude oil trading platform to streamline supply to Dangote, indigenous refineries

The Federal Government of Nigeria has officially deployed a real-time automated crude oil trading platform designed to harmonize feedstock allocation, pricing transparency, and direct delivery to domestic refiners. Launched during an executive industry briefing on Thursday, August 13, 2026, at the Eko

August 14, 2026

Business & Economy

Dangote industries and CNN launch major multi-year partnership to showcase Africa’s economic power

Dangote Industries Limited and CNN International Commercial (CNNIC) have officially launched a multi-year global media and brand partnership designed to highlight Africa’s enterprise, industrial expansion, and growing economic influence on the world stage. The deal, unveiled on August 10, 2026, centers on

August 14, 2026

Capital market

Federal Government triggers massive domestic debt issuance to mobilize N1.1 trillion capital

The Federal Government of Nigeria has launched a massive N1.1 trillion domestic fund-raising program through the Debt Management Office, inviting local institutional investors and high-net-worth individuals to participate in an upcoming multi-tranche sovereign bond offer. In an official circular released in Abuja,

August 14, 2026

Business & Economy

IFC injects $25 million into Jumia technologies to expand African E-commerce infrastructure

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has committed $25 million in equity capital to Jumia Technologies AG (NYSE: JMIA) to accelerate the growth of digital commerce infrastructure across Africa. The transaction serves as the

August 13, 2026

Previous 1 … 15 16 17 18 19 … 173 Next

Business & Economy - Page 17

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

Why cement costs more in Nigeria than Kenya, Togo – FCCPC probe

Economic reforms surge federal allocations beyond n2 trillion monthly, says Minister

Nigeria’s inflation rate drops to 15.43% in July – NBS

India-Nigeria bilateral trade surges 26% to $9 billion as economic ties broaden

NSDC mobilises $1bn investment pipeline to accelerate Nigeria’s drive towards sugar self-sufficiency

Stakeholders express divergent views on refinery revival

FG unveils automated crude oil trading platform to streamline supply to Dangote, indigenous refineries

Dangote industries and CNN launch major multi-year partnership to showcase Africa’s economic power

Federal Government triggers massive domestic debt issuance to mobilize N1.1 trillion capital

IFC injects $25 million into Jumia technologies to expand African E-commerce infrastructure

Recent Posts

Daily Query Newspaper

Latest Interviews

INEC has lost all credibility to be an independent umpire of Nigeria’s elections

EXPRESSO>>> By Steve Osuji – No electricity, no 2nd term vow: Is Alake living on the moon?

Tinubu’s electricity promise has come due

Terrible Tuesday for Trump and Trumpism

U.S. Online Sales Surge, Shoppers Throng Stores On Thanksgiving Evening

Fashion Portrait of Young Talented Businessman Handsome Model Man in Casual Cloth

Suggestions

Business & Economy - Page 17

Recent Posts

Daily Query Newspaper

Latest Interviews