Latest Business News

Elumelu warns Nigeria’s $1trn economy impossible without power

  In a rebuke of Nigeria’s faltering energy reforms, Chairman of Transcorp…

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Petrol price drop imminent as FEC renews naira-for-crude deal

  Oil marketers are anticipating a drop in petrol pump prices due…

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Trump pauses tariffs for several countries… raises China’s rate to 125%

U.S. President Donald Trump's stunning decision to pause the hefty duties he…

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US criticises Nigeria’s import ban on agricultural, pharmaceutical goods

The United States Trade Representative on Monday, criticised Nigeria’s import ban on…

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NCC proposes 12-month grace period for telecom subscribers to reclaim unused prepaid credits

  The Nigerian Communications Commission (NCC) has proposed a 12-month grace period…

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Transcorp Hotels announces N7.6bn dividend for shareholders, plans flagship 5-Star property in Ikoyi

  Transcorp Hotels Plc on Thursday announced the approval of a final…

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PCNGi, Arete sign $27.3m deal to construct 7mmscfd LNG plant

  The Presidential Compressed Natural Gas Initiative (PCNGi) and LNG Arete Limited…

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Edo moves to reclaim oil wells allegedly ceded to Delta

  The Edo State Government has initiated a process to correct the…

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Tinubu appoints Ayo Sotinrin as MD of Bank of Agriculture

  President Bola Tinubu has appointed Ayo Sotinrin as the Managing Director…

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Bayo Ojulari officially takes over from Mele Kyari as NNPC CEO

  Bayo Ojulari has officially taken over as the group chief executive…

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