London Mayor Sadiq Khan Seeks Tech, Business Partnership with Nigeria
Mayor of London, Sadiq Khan, on Tuesday in Lagos, promised the Nigerian business and technology sector close collaboration that would boost business…
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Business News
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No Peak To Oil Demand Before 2050 — OPEC
The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to rapidly…
Shell, TotalEnergies Target First Oil by 2027 from $5bn Bonga North, $550m Ubeta Fields
Multinational oil companies – Shell and TotalEnergies have announced that first oil and gas output from the $5 billion Bonga North field…
After years of suspension, Nigerian banks resume international transactions on naira cards.
Two commercial banks in Nigeria have announced the resumption of international transactions on their naira cards. In separate announcements to customers, United…
UN inaugurates new forum to help debtor countries.
Anew mechanism has been introduced, offering debt-distressed countries a way to coordinate their actions and amplify their voice in the global financial…
NECA Moves to Align FG’s Reforms With Private Sector Demands
Shettima: FG creating enabling environment for enterprise As part of efforts geared towards ensuring positive outcomes from the federal government’s economic policy…
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Oil Prices Plunge as Israel and Iran Agree To Trump-Brokered Ceasefire
A ceasefire deal between Iran and Israel has caused Brent crude to plummet to $67.29, triggering mixed outcomes for Nigeria. Oil prices…
Singaporean company Wilmar International to invest $70 million in Nigeria by acquiring all the shares of PZ in a palm oil venture in Cross River.
In addition, Wilmar acquired 8,500 hectares (21,004 acres) of old rubber plantations to grow crops that will produce edible oil. The CEO…
Palm oil accounts for 50% of Malaysia’s exports to Nigeria: Envoy.
The High Commissioner of Malaysia to Nigeria, Aiyub Omar, has said that the thriving palm oil trade between Malaysia and Nigeria has…
Telcos to start charging bank customers for USSD services.
Bank customers in Nigeria will now be charged directly by their mobile network operators for unstructured supplementary service data (USSD) services. The…