BusinessPost

By Adedapo Adesanya The chairman of the Nigeria Revenue Service (NRS), Mr Zacch Adedeji, has urged the country to broaden its export basket beyond raw materials by embracing ideas, innovation and the production of more value-added and complex products Mr Adedeji said this during

By Adedapo Adesanya President Bola Tinubu on Thursday inaugurated Nigeria’s National Halal Economy Strategy to tap into the $7.7 trillion global halal market and diversify its economy. President Tinubu, while inaugurating the strategy, called for disciplined, inclusive, and m

By Adedapo Adesanya GuarantCo, part of the Private Infrastructure Development Group (PIDG), has provided a 100 per cent guarantee to support a $75 million debt facility for Robust International Pte Ltd (Robust) to construct a new cashew nut processing plant in Ogun State,

By Adedapo Adesanya MTN Group, Africa’s largest mobile network operator, has entered advanced discussions to buy approximately 75 per cent of shares in IHS Holding Limited (IHS Towers) that it does not already own. The move would give the South African telco full control of I

By Adedapo Adesanya For the third consecutive trading session, the NASD Over-the-Counter (OTC) Securities Exchange ended in the green territory, rising further by 0.77 per cent on Thursday, February 5. Two price gainers helped the bourse to rally during the session, with the

By Dipo Olowookere The Nigerian Exchange (NGX) Limited recorded another milestone after it further closed higher by 1.18 per cent on Thursday amid renewed confidence in the market. The All-Share Index (ASI) crossed the 170,000-point threshold during the session as it added

By Adedapo Adesanya The Naira weakened against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, February 5, by N7.78 or 0.57 per cent to N1,366.06/$1 from the N1,358.28/$1 it was traded on Wednesday, according to data from the Central Bank of

By Adedapo Adesanya Crude oil was down by almost 3 per cent on Thursday in choppy trading, after the US and Iran agreed to hold talks in Oman on Friday. Brent crude futures depleted by $1.91 or 2.75 per cent to trade at $67.55 per barrel, and the US West Texas Intermediate (WTI)

By Adedapo Adesanya The federal government says Nigeria is targeting gas production of 10 billion standard cubic feet per day (bscfd) by 2030, positioning natural gas as a cornerstone of national energy security and economic prosperity. The Minister of State for Petroleum

By Adedapo Adesanya The chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Saidu Mohammed, has revealed that bold economic reforms by President Bola Tinubu’s administration saved the country over N6 trillion on petroleum product i