Business

Cross River govt injects N700m to revive coffee industry

Cross River govt injects N700m to revive coffee industry

The Cross River State government has approved a N700 million subsidy for coffee farmers to boost production. The subsidy will…
TotalEnergies to unveil new gas field project in Nigeria by 2026

TotalEnergies to unveil new gas field project in Nigeria by 2026

The TotalEnergies Limited says it will unveil its shallow water 70,000 barrels per day (bpd) Ima gas field project in…
Stock market rises by 0.53%, investors gain N403bn”

Stock market rises by 0.53%, investors gain N403bn”

The Nigerian stock market continued its upward trend on Thursday, with performance indices growing by 0.53% due to increased buying…
9mobile, MTN confirm national roaming partnership

9mobile, MTN confirm national roaming partnership

9mobile and MTN have confirmed a national roaming partnership, with a full nationwide rollout expected by the end of July.…
Diesel price hits N1,758.26 per liter, 25% increase in one year

Diesel price hits N1,758.26 per liter, 25% increase in one year

Diesel prices in Nigeria hit N1,758.26 per liter in May 2025, representing a 25.24 per cent year-on-year increase from N1,403.96…
IMF praises CBN’s monetary policy reforms for driving Nigeria’s economic recovery

IMF praises CBN’s monetary policy reforms for driving Nigeria’s economic recovery

The International Monetary Fund (IMF) has lauded the Central Bank of Nigeria (CBN)’s monetary policy reforms, citing their significant contribution…
MAN urges full privatization of state-owned refineries

MAN urges full privatization of state-owned refineries

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadiri, has called for the full privatisation of the country’s…
Dangote refinery reduces petrol price to N840 per litre

Dangote refinery reduces petrol price to N840 per litre

Dangote Petroleum Refinery has reduced the ex-depot price of petrol from N880 to N840 per litre, effective June 30, 2025.…
NNPCL achieves 100% pipeline availability, crude oil production hits 1.7mb/d

NNPCL achieves 100% pipeline availability, crude oil production hits 1.7mb/d

The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday announced a significant breakthrough in its $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas…
NCAA orders Rano Air grounding after engine safety scare

NCAA orders Rano Air grounding after engine safety scare

The Nigeria Civil Aviation Authority (NCAA) has grounded a Rano Air plane, registration number 5N-BZY, following a mid-air engine failure…
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