Category: Business

NUPRC sets December 1 for 2025 oil licensing round

The Nigerian Upstream Petroleum Regulatory Commission has confirmed that the 2025 Oil Licensing Round is...

EU targets Huawei ban in mobile networks of member countries

The European Commission is considering measures to compel EU member states to phase out Huawei...

Nigeria’s debt market hits ₦91.99tn amid rising yields, sell-offs

Nigeria’s fixed income yields surged last week amid widespread sell-offs across market segments, pushing the...

Nigeria’s debt market hits ₦91.99tn amid rising yields, sell-offs

Nigeria’s fixed income yields surged last week amid widespread sell-offs across market segments, pushing the...

NECA hails FG’s 15% import tariff to boost local refinery

The Nigeria Employers’ Consultative Association has praised the federal government’s recent decision to impose a...

Visa, Mastercard near merchant settlement to cut fees – Report

Visa and Mastercard are reportedly close to a settlement with U.S. merchants that would lower...

Nigeria’s FX reserves to hit $45bn December — Report

Nigeria’s foreign exchange reserves are expected to reach $45 billion by the end of 2025,...

Nigeria eyes $60b energy investment under NNPC’s 2030 vision

The Nigerian National Petroleum Company Limited has announced plans to attract $60 billion in investments...

Getty Images loses landmark AI copyright case against Stability AI

Getty Images suffered a major setback in its landmark legal battle against AI company Stability...

Binance denies promoting Trump-backed stablecoin before CZ pardon

Binance CEO Richard Teng has refuted allegations that the cryptocurrency exchange played a role in...

Firm secures $50bn investment to develop refinery in Ondo

Ondo State’s industrialisation agenda has received a major boost as Backbone Infrastructure Limited secured funding...

FG’s 15% import levy stems from regulatory lapses – Expert

Co-Founder and Chief Executive Officer of Dairy Hills, Kelvin Emmanuel, has attributed the 15 per...