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Business

oil prices rise again> Above an oil rig

Oil prices rise as China’s imports hit all-time high

Oil prices climbed on Monday after OPEC+ agreed to extend a deal on record output cuts to the end of…
Agriculture in Nigeria

Agribusiness firm to create opportunity in rice to boost employment

The Chief Executive Officer, Santuscom Agro Hub, an Agribusiness firm, Mr Ofana Paul, has unveiled his plans to create employment…

World shares advance on surprise U.S. job recovery, oil steadies

Global share prices edged higher on Monday after a surprise recovery in U.S. employment provided cause for optimism that global…

China’s imports, exports in deep fall

China's exports and imports fell in May as the economic slowdown abroad started to take its toll, and after a…

OPEC, OPEC+ extend oil output cut till July (Details)

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend the 10-million-barrel-per-day (mbd)…

AfDB injects $288.5m loan into Nigeria’s treasury

The Board of Directors of the African Development Bank has approved a $288.5 million loan to help Nigeria tackle the…
NERC approves increase in cost of pre-paid meters

Only 3.9m consumers metered by DISCOs, Kano, Kaduna, Yola worst performers

The Nigerian Electricity Regulatory Commission (NERC), says 62.3 per cent of electricity consumers in the country are still on estimated…

Beware of that fake diesel in town: NNPC warns

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over the prevalence of low grade and contaminated diesel in…
NNPCL gives reason fuel price went up

NNPC targets $10 production cost for crude

The NNPC said it is taking measures to bring down cost of crude oil production to 10 dollars per barrel…
Investors lose N1.14trn as NGX reacts to MPC decision

Dangote, BUA drag down Nigerian Stock Exchange by N155bn

Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155…

Abe-Igi’ to wear new look – National Theatre management

Management of the National Theatre, Iganmu, Lagos, said plans are in top gear to give Abe-Igi, the popular open bar,…

Why Elon Musk called for Amazon’s dissolution

Tesla CEO Elon Musk called for Jeff Bezos’s retail giant Amazon to be broken up, after the latter refused to…
Akinwumi Adesina President of AfDB: bank debars Maxicare Nigeria Limited

AfDB Board backs Adesina, authorises review of ethics committee report

The African Development Bank’s (AfDB) board on Thursday said it stood by an internal investigation by its ethics committee that…
NNPC

Petrol price to be determined by market forces: PPPRA

Henceforth the price of petrol in Nigeria, will be determined by market forces, the Petroleum Products Pricing Regulatory Agency (PPPRA)…

UPDC raises N16bn, prepares for unbundling, positions for growth

UACN Property Development Company Plc (UPDC) held a virtual closing gong ceremony to mark its successful N16bn Rights Issue at…
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