Iran, Russia link national payment systems to bypass US dollars
Iran and Russia linked their national payment systems on Monday, a significant move to bypass the U.S. dollar in bilateral transactions, Iran’s offici
Business
All the recent business news in Nigeria, economy and industry updates.
Ngozi Okonjo-Iweala gets second term as WTO DG
Dr. Ngozi Okonjo-Iweala has been re-appointed as the Director-General of the World Trade Organisation (WTO) as she is now set to serve her second ter
Use Akwa Ibom MRO rather than build new one, ex-minister tells FG
Former Lands and Housing Minister, Chief Nduese Essien yesterday advised the federal government to use the existing Maintenance, Repair and Overhaul (
KEDCO plans exit from national grid, to invest N169bn to generate 100MW
The Kano Electricity Distribution Company (KEDCO) disclosed plans to invest $100 milion (N169 billion at N1659/ $) in a safe grid through partnership
Nigeria’s crude oil production rose to 1.43 million bpd in October 2024 – OPEC
Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024. This is according to the N