Business

NNPC: $1.4bn Investment in Northern Nigeria’s Hydrocarbons to Yield $6bn Revenue in 20 Years

The deal was sealed in London under the NNPC Limited/Chevron Nigeria Limited Joint Venture .

2 years ago

Buhari: Nigeria Ready to Reap from AfCFTA Benefits

The AfCFTA is an agreement that is expected to create the largest free trade area in the world.

2 years ago

Airbus Pays 15.9 mn Euros to Close French Corruption Probe

Prosecutors from France's national financial crime unit (PNF), which reached the deal with Airbus earlier this month, said the fine…

2 years ago

EU Warns Musk that Twitter Must Obey Disinfo Rules

Thierry Breton, held a video call with Musk and told him "there is still huge work ahead

2 years ago

Nigeria-UK Trade Volume Hits £5.5 Billion

“Nigeria is Africa’s largest economy and I’m delighted to see our trade and investment links grow," said UK Trade Secretary…

2 years ago

Oil Prices Tumble to One-Year Low, Begins Recovery After Rumoured Planned OPEC Cut

OPEC and allies including Russia, a group known as OPEC+, will meet on December 4, to decide the next line…

2 years ago

NNPC, Major Marketers Intensify Collaboration to End Fuel Scarcity

They called for a quick intervention by the federal government to improve petrol supply.

2 years ago

Nigeria’s Debt Service Burden to Soar as Local Borrowing Costs Jump to Five-Year High

Since May, the apex bank had lifted rates by 500 basis points to 16.5 per cent.

2 years ago

Nigeria’s Inflation Rate will Fall Steadily to Less than 15% by Q4 2023, Says CBN Chief Emefiele

He says the apex bank is succeeding with various monetary policy measures.

2 years ago

Petrol Scarcity Worsens in Lagos as Transporters Allege Rationing By Marketers

Transport fares have soared by 200% in Lagos.

2 years ago