Business & Economy

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged enhanced welfare measures and expanded health insurance for oil industry workers to shield them from the adverse effects...

President Bola Tinubu has authorized the formation of an oversight committee to manage Nigeria’s hosting of the 4th African Union MSME Forum, set for June 23-27 in Abuja. Stanley Nkwocha,...

The federal government held talks with Interswitch on Wednesday to advance collaborative strategies for Nigeria’s infrastructure and economic modernization efforts. Finance Minister Wale Edun, who also coordinates Nigeria's economy, shared...

Oil prices found stability on Thursday following a sharp drop driven by potential output increases from Saudi Arabia and a contracting U.S. economy. Brent crude futures dipped slightly by 0.1%...

According to a Beijing-affiliated outlet, Yuyuan Tantian, citing sources, U.S. officials have reportedly contacted Chinese counterparts to discuss the heavy tariffs impacting global markets and supply chains. The outlet, tied...

The National Bureau of Statistics (NBS) launched its first crowd-sourced price data initiative, as announced by Folorunso Alesanmi, NBS Head of Public Relations, in Abuja. This innovative data collection method,...

Global stock markets largely climbed on Wednesday as investors anticipated crucial US economic data and corporate earnings, which could shed light on the state of the world’s largest economy amid...

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) is nearing completion of a new revenue allocation formula for all government tiers, according to Chairman Dr.Mohammed Shehu. Speaking at a retreat...

The Nigerian federal government has introduced a N110 billion intervention fund to modernize infrastructure in major medical schools nationwide, aiming to address the widespread emigration of healthcare professionals. Education Minister...

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Organized Private Sector of Nigeria (OPSN) have cautioned that Nigeria’s substantial public sector deficit poses the...