MTN Group mulls expansion, in talks with Starlink
In its bid to expand its services to unnerved areas across its operating markets including Nigeria, MTN group is in...
Business Affairs
Nigeria spends N1.79trn on domestic debt service in 3 months – DMO
The Federal Government spent around N1.79 trillion on servicing its domestic debt between July and September 2023. This is according...
AfDB President Adeshina bags Obafemi Awolowo’s prize for leadership
The Obafemi Awolowo Prize for Leadership on Thursday announced former Minister of Agriculture in Nigeria and current President of the...
Nigeria’s external debt drops by $1.57bn in Q3 – DMO
Nigeria’s total external debt stock declined by $1.57 billion in the third quarter of 2023 from $43.16 billion to $41.59...
FX crisis deepens as gap between official, black market rates hits over N400
The gap between the official and parallel market exchange rates of the naira has continued to widen despite several interventions...
Delta State govt, NNPCL, firm to develop first floating gas plant
Delta State Government, Nigerian National Petroleum Company Limited and UTM Offshore Limited have signed a shareholders agreement for the development...
Price of grains to fall as Ukraine sends 25,000 tons to Nigeria
About 25,000 tons of grains have been prepared to be sent to Nigeria under the Grain from Ukraine programme. The...
Local equity crosses N40 trillion mark, gains N599bn in one day
The local equity market Wednesday crossed the N40 trillion mark, appreciating by N599 billion as gains recorded in the shares...
Tinubu approves 50% reduction in transport fare nationwide
President Bola Tinubu on Wednesday approved a 50 per cent slash in price of interstate transport fare for Nigerians traveling...
Nigeria’s crude production to hit 2m barrels per day in 2024 – NNPN Ltd
The Nigerian National Petroleum Company Ltd (NNPCL) has set a production target of two million barrels of crude oil per...
