Business - Page 3

NNPC declares state of emergency on crude oil production

The Nigerian National Petroleum Company Ltd (NNPCL) has declared a state of emergency on production in the country’s oil and gas industry. NNPC spokesman, Olufemi Soneye, in a statement on Tuesday said

10 mins ago

by Oluyemi Ogunseyin

Afreximbank projects decline in Africa’s inflation to 12.3% in 2025

Africa’s inflation has been projected to rise to 17.8 per cent in 2024 from 17 per cent a year earlier, before declining to 12.3 per cent in 2025. The projection is premised

2 days ago

Business

No immediate relief for Nigeria over rising debt

Cowry Research said there is no immediate relief for Nigeria’s debt levels and debt service costs, even as financing costs are expected to continue to consume a larger portion of the federal

2 days ago

Business

Ecobank Nigeria raises stake in customer rewards

…launches Super Rewards ‘Millionaire Geng Promo’ Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group, has unveiled a deposit mobilisation campaign ‘Ecobank Super Rewards ‘Millionaire Geng Promo’ targeted

2 days ago

Business

Unified Payments affirms commitment to talent devt, welcomes cohort 2 to UP Academy

Following the successful integration of its inaugural cohort, Unified Payment Services Limited this week welcomed a new cohort into the Unified Payments Academy, a pioneering talent incubation program designed to address the

2 days ago

Business

NBMA assures safety of TELA Maize

The National Biosafety Management Agency (NBMA) has said the concerns expressed by Nigerians over the approval and launch of TELA maize was not necessary, assuring Nigerians that the varieties are safe for consumption.

2 days ago

BusinessAgro

IEI seeks support for climate change risk management

A subsidiary of Norrenberger Group, International Energy Insurance (IEI), has concluded an arrangement to roll out risk management products that would address climate change issues in the country. This comes on the

2 days ago

Business

‘Nigerian capital market well positioned to support bank recapitalisation’

The Nigerian capital market is strategically positioned to drive the ongoing bank recapitalisation exercise, leveraging advanced technology to facilitate the capital-raising efforts in line with the Central Bank of Nigeria’s new requirements.

2 days ago

Business

Remittances to Nigeria, other African countries to rise by 1.5% this year

Africa remains most expensive region for remitters Remittances to Nigeria and other sub-Saharan African (SSA) countries are expected to rise by a moderate 1.5 per cent this year. This would increase the

2 days ago

Business

NERC transfers regulatory oversight to Imo

The Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of the electricity market in Imo to the Imo State Electricity Regulatory Commission, in compliance with the Electricity Act

2 days ago

Business

Ethiopian Airlines ends Nigeria joint venture talks

Ethiopian Airlines has reportedly terminated its discussions with the Nigerian government to establish a joint venture airline, Nigeria Air, due to the government’s loss of interest in partnering with a foreign airline.

2 days ago

Business·Slide

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Business - Page 3

NNPC declares state of emergency on crude oil production

Afreximbank projects decline in Africa’s inflation to 12.3% in 2025

No immediate relief for Nigeria over rising debt

Unified Payments affirms commitment to talent devt, welcomes cohort 2 to UP Academy

NBMA assures safety of TELA Maize

IEI seeks support for climate change risk management

‘Nigerian capital market well positioned to support bank recapitalisation’

Remittances to Nigeria, other African countries to rise by 1.5% this year

NERC transfers regulatory oversight to Imo

Ethiopian Airlines ends Nigeria joint venture talks

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