Category: Business

Oil output in Gulf states tumbles amid Iran war

Crude oil output across major Gulf Arab exporters fell sharply in March amid the Iran...

PETROAN backs W’Bank fuel import call to boost competition

The Petroleum Products Retail Outlets Owners Association of Nigeria has endorsed the World Bank’s recommendation...

NAICOM workers stage protest over staff welfare concerns

Members of the Association of Senior Civil Servants of Nigeria at the National Insurance Commission...

International Breweries posts record ₦88.9bn pre-tax profit for 2025

International Breweries Plc has reported a pre-tax profit of N88.9 billion in its 2025 audited...

Meta appeals Lagos court’s $25,000 damages award to Femi Falana

Meta Platforms Inc. has filed an appeal against a Lagos State High Court judgment that...

SEC freezes assets of 13 terror-linked entities

The Securities and Exchange Commission has directed an immediate freeze of assets belonging to 13...

UK declines participation in US-led Strait of Hormuz blockade

The United Kingdom has said it will not join a proposed United States blockade of...

CPPE warns W’Bank import proposal could hurt Nigeria’s economic growth

The Centre for the Promotion of Private Enterprise has warned against a World Bank proposal...

NUPRC unveils reform to boost Nigeria’s oil output

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled...

Minister tasks Dangote Sugar on 600000 tonnes capacity by 2030

The Minister of State for Industry, Senator John Owan Enoh, has tasked the management of...

Trump unveils strict ‘all-or-nothing’ Hormuz blockade after Iran talks fail

United States President Donald Trump announced what he described as an “all-or-nothing” U.S. blockade of...

US, Iran fail to reach agreement after 21 hours talk

The United States and Iran have failed to reach a deal to end the ongoing...