Business News

ExxonMobil has stated that it is awaiting the Nigerian National Petroleum Company Limited to lift the injunction preventing the sale of its asset to Seplat Energy. The company’s Regional Communications...

The value of Nigeria’s pension funds rose to N19.79tn in April, following a 0.47 per cent decline that it recorded in March. According to the latest figure from the National...

The latest update on metering by the Federal Government has shown that 609,585 electricity consumers were metered in 2023, while the number of unmetered registered power users nationwide stood at...

British Airways has opened its newly renovated lounge at Lagos airport, following a six-month refurbishment. This was made known in a statement sent by British Airways on Friday. According to...

The Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, has disclosed that electricity distribution companies have disconnected over 100 manufacturing firms. In an exclusive interview with The PUNCH at...

Nigeria’s Dangote refinery has made a historic move by exporting its first jet fuel cargo to Europe. This signals a significant milestone in the global energy market and showcasing the...

The Central Bank of Nigeria on Friday, announced that international oil companies can sell their retained 50 per cent of repatriated export proceeds in the Nigerian Foreign Exchange Market. This...

The global adoption of cryptocurrencies has surged, with the number of crypto owners worldwide reaching 562 million, marking a 34% increase from 2023. This impressive growth signifies that approximately 6.8%...

With Nigeria’s rising population, electricity demand continues to be on the rise, mounting pressure on the government and private operators whose duty it is to ramp up power generation and...

The Presidential tax Committee on Fiscal Policy and Tax Reforms has suggested a N800 per dollar Customs import duty rate for the remainder of the year. This step will be...