Business News

French conglomerate TotalEnergies announced its highest-ever profit for the year 2023, driven by strong performances in its liquefied natural gas and electricity sectors. The net profit reached $21.4 billion, marking...

1. Customs seized N854m vehicles, others in January – NCS­­­ The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja has disclosed that it intercepted 11 imported used vehicles and...

The management of Dangote Refinery and Petrochemical Limited has called on the feuding National Union of Petroleum and Natural Gas and the Petroleum Tanker Drivers leaders to settle the rift...

Losses recorded by BUA Cement, Sterling Financial Holding Company, Consolidated Hallmark Holdings, UPDC and The Initiates caused the Nigerian Exchange dipped on Tuesday. The equity market lost N849bn underpinned on...

The Federal Government is now implementing measures to significantly reduce the cost of Liquefied Petroleum Gas, popularly called cooking gas, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo,...

The value of foreign exchange transactions recorded on the official Nigeria Autonomous Foreign Exchange Market has risen to $584m, according to data posted on the FMDQ Exchange on Tuesday. This...

1. Govs rally FG to avert food crisis in states The Governors of Kwara, Abdulrahman Abdulrazaq; Taraba, Agbu Kefas; Ondo, Lucky Aiyedatiwa; and Kogi, Ahmed Ododo, on Monday, stormed the...

Equity investors lost N437bn on Monday on the back of sell-offs in some stocks. The All-Share Index and the market capitalisation of the Nigerian Exchange shed 0.73 per cent and...

The Nigerian National Petroleum Company Limited, on Thursday, said it was working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its...

The national power grid stabilised on Monday as electricity generation revolved around 3,000 megawatts and 3,707.91MW between 1am and 8pm on the same day following the collapse of the grid...