Business News

Investors in stock market of the Nigerian Exchange Limited (NGX) lost an average N2.57 trillion in the October 2022 as escalated global energy and commodity crises triggered massive portfolio realignments....

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday said that the performance of Nigeria’s domestic gas supply obligation reached 64.8 per cent between September 2021 and the same...

The China Habour Engineering LFTZ Enterprise (CHELE), a subsidiary of China Habour Engineering Company Limited (CHEC), that is the engineering, procurement and construction (EPC) contractor for the $1.5 billion Lekki...

The Organisation of Petroleum Exporting Countries (OPEC) has said that global oil demand will grow by 13 million bpd by 2045 compared to the 97 million bpd demand in 2021,...

Despite harsh operating environment, MTN Nigeria Communications Plc, Dangote Cement Plc and 20 others companies in the banking, cement manufacturing, Fast-Moving Consumer Goods (FMCG), petroleum marketing sectors, among others reported...

Human rights activist , Mr Femi Falana (SAN) has written the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) demanding an explanation on the N17 billion tracking device installed by...

The National Petroleum Investment Management Services (NAPIMS), now renamed the NNPC Upstream Investment Management Services Limited (NUIMS) , has disclosed that N40,095,000,000, about $99 million was spent on the Ogoni...

President Muhammadu Buhari, yesterday, doused tensions surrounding the plan by the Central Bank of Nigeria (CBN) to redesign and replace N1, 000, N500, and N200 notes by December 15, saying...

Oando Clean Energy Limited (OCEL), a renewable energy subsidiary of the Oando Group, has said residents of Lagos State will have the opportunity to ride on an Electric-powered Bus Rapid...

Some years back, operators of gambling and lottery businesses in Nigeria had to struggle for recognition amid the pervading belief and narratives that lottery and gambling breed indolence and a...