Business

According to a National Bureau of Statistics (NBS) data, the average retail price for refilling a 5 kilogram cylinder of liquefied petroleum gas (cooking gas) dropped by 0.96% month over…

A 50-ton shea butter processing plant in Kaiama, Kwara State, is scheduled to be put into service. It is said to be the largest state government-owned facility in Nigeria. By…

The preliminary report on the Abuja-Kaduna Train derailment at Asham Train Station has been released by the Nigerian Safety Investigation Bureau (NSIB). In addition to revealing this during a press…

According to the Bureau of Public Enterprises (BPE), preparations to list two energy distribution companies (DisCos) and one generation company through an IPO on the Nigerian Stock Exchange have been…

In order to increase food security and climate resilience for smallholder farmers in Northern Nigeria, the British International Investment (BII), the UK's development finance organization, announced on Tuesday a $7.5…

According to Chief Ben Okoye, Managing Director of the Brass Fertilizer and Petrochemical Company, the $3.5 billion project will begin construction in October of this year. Chief Okoye clarified that…

The Production Sharing Contract (PSC) for the Oil Prospecting Licence (OPL) 2001 and 2002 was recently completed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The licenses cover 2,000 square…

According to analysts, the naira would likely stay steady for some time after what they have dubbed "robust Foreign Exchange (FX) liquidity and an efficient FX market." In particular, because…

Major stakeholders are currently becoming concerned about the implementation of tax changes and e-invoicing, which are intended to harmonize revenue collection and improve tax compliance in the private sector. In…

  According to the federal government, the 2024 Budget Performance Report will be released by the end of September 2025. Consolidated reports for the first and second quarters of 2025…