Business

Niger's oil to Singapore
BusinessNews

Benin Ships Fourth Tanker of Nigerien Oil to Singapore

Benin has shipped its fourth tanker of Niger’s crude oil onward to Singapore, “Front Coral,” a tanker carrying 155,000 cubic meters set sail...

BRICS GDP Growth to Hit 4% by Q4 2024, Exceeding Global Average of 3.2% - Putin
BusinessWorld

BRICS GDP Growth to Hit 4% by Q4 2024, Exceeding Global Average of 3.2% – Putin

Russia’s President Vladimir Putin said on average, by the end (Q4) of 2024, the BRICS nations’ Gross Domestic Product (GDP) growth rate is...

Cooking Gas Kerosene Prices Increase
BusinessNews

Cooking Gas, Kerosene Prices Increase in September —NBS Report

The National Bureau of Statistics (NBS) has reported significant increases in the prices of cooking gas and kerosene across Nigeria for September 2024....

BusinessNews

Nigerians Express Safety Concerns After Benin CNG Explosion Critically Injures Three, Causes Amputation of Victim’s Foot

An explosion at the NIPCO gas station in Aduwawa, Benin City, Edo State, has prompted widespread reactions from Nigerians concerned about safety standards....

Nigeria-India Business Council Commits to Enhancing Trade Ties
BusinessPolitics

Nigeria-India Business Council Commits to Enhancing Trade Ties

Emeka Ofor, Chairman of the Nigeria-India Business Council, NIBC, has expressed commitment to enhancing trade relations between the two countries. On Wednesday, Ofor...

BusinessNews

Just In: CNG-Converted Vehicle Explodes at NIPCO Station in Benin

A gas-powered vehicle exploded at a NIPCO Ltd. Compressed Natural Gas (CNG) station in the Ikpoba-Okha Local Government Area of Edo State, on...

Nigeria's Capital Investment from BRICS Reaches 189% in Six Months
BusinessWorld

BRICS Investment in Nigeria Soars 189% in Six Months

Nigeria’s foreign investment inflows from BRICS nations have soared to 189 per cent in the first two quarters of 2024, being January to...

Nigeria Grid Collapse
BusinessNews

Nigeria’s Power Grid Collapses Twice in 24 Hours

Nigeria’s national electricity grid suffered its second collapse in less than 24 hours on Tuesday morning. According to a Punch report, the latest...

Abia Otti Drugs Youths
BusinessNews

Abia Government Begins Roll-out of Interest-Free Loans for 302 Young Farmers

The Abia State Government has started distributing interest-free loans to 302 youths trained in agricultural ventures. The Commissioner for Information and Culture, Okey...

GTBank employees work
BusinessNews

GTBank Faces Backlash From Customers as Transition to New Banking System Causes Prolonged Delay

GTBank’s transition to the Finacle core banking system has encountered delays, leading to frustration among its customers. The bank initially announced branch closures...

Dangote Refinery to Negotiate New Fuel Pricing with Oil Marketers
BusinessNews

Dangote Refinery to Negotiate New Fuel Pricing with Oil Marketers

Dangote Refinery will meet with the Nigerian Petroleum Marketers on Tuesday and Wednesday to negotiate new fuel pricing. Chinedu Ukadike, the spokesperson for...

BusinessNews

Major Fake Wine Factory Uncovered in Anambra, Seven Arrested

A major illegal wine production facility has been uncovered in Anambra State. It was raided by the Presidential Task Force Against Economic Sabotage...