Business

Nigeria spends £1.1bn on UK refined oil imports

Nigeria spends £1.1bn on UK refined oil imports

  Nigeria imported £1.1 billion worth of refined petroleum products from the United Kingdom in the 12 months ending December…
FG launches dairy plan to boost milk output

FG launches dairy plan to boost milk output

  The Federal Government has unveiled a new National Dairy Policy Implementation Framework aimed at boosting local milk production, strengthening…
Stakeholders in leather industry push for expansion through partnerships

Stakeholders in leather industry push for expansion through partnerships

  Stakeholders in Nigeria’s leather sector have renewed calls for stronger partnerships, increased investment and sustainable business practices as efforts…
Nigeria spends $2.34bn on food imports – edited

Nigeria spends $2.34bn on food imports – edited

  Nigeria spent approximately $2.34 billion on food imports in 2025, according to fresh data released by the Central Bank…
NNPC revenue surges 79% ro N4.97trn in April

NNPC revenue surges 79% ro N4.97trn in April

  The Nigerian National Petroleum Company Limited (NNPC) recorded a strong rebound in its financial and operational performance in April…
Dangote Refinery slashes fuel prices again

Dangote Refinery slashes fuel prices again

  The has announced a further reduction in the ex-depot prices of Premium Motor Spirit (petrol) and Automotive Gas Oil…
ECOWAS moves to activate business council, boost integration

ECOWAS moves to activate business council, boost integration

The Economic Community of West African States (ECOWAS) has stepped up efforts to deepen regional economic integration and strengthen private…
Inflation slows in key German states, suggesting national easing

Inflation slows in key German states, suggesting national easing

  Preliminary data released on Friday indicated that inflation slowed in four major German states in May, strengthening expectations that…
Lagarde defends central bank independence amid political pressure

Lagarde defends central bank independence amid political pressure

  European Central Bank President Christine Lagarde has stressed the importance of preserving the independence of central banks amid growing…
AfDB names Keyamo aviation transformation champion

AfDB names Keyamo aviation transformation champion

  The African Development Bank (AfDB) has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the Champion…
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