Business

All the recent business news in Nigeria, economy and industry updates.

How FG plans to earn N209trn revenue from new oil production contracts with NNPC, firms

The implementation of the Petroleum Industry Act (PIA) 2021 gained a new milestone at the weekend as the federal government activated new Production S

NNPC Ltd, partners resolve $9bn dispute, sign pacts for 6 oil fields 

The Nigerian National Petroleum Company (NNPC) Ltd and its partners on Friday cleared lingering disputes that attracted $9 billion contingency liabili

Nigeria crude oil production may drop as Maritime workers down tools

There are strong indications that Nigeria may not be able to meet its crude oil quota for the month of August as members of the Maritime Workers Union

Nigeria, first African country to launch digital currency – Emefiele

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday disclosed that Nigeria is the first country in Africa to launch the di

Chevron spends N25.1bn on social investment projects

Chevron Nigeria Limited has, since 2005, spent over N25.1bn through its Global Memorandum of Understanding (GMoU) on various social investment project