Business

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

Okomu rides on palm oil price spike

Okomu Oil, one of the two commercial palm oil producers listed on the local bourse, is reaping the benefits of current rise in the price of palm oil. 

Nigeria has 8th cheapest petrol in the world – Report

Despite importing refined petroleum products due to the failure of its moribund refineries, which have gulped over N4.15trillion in maintenance since

More woes in aviation sector as workers declare warning strike

As airline operators have announced a halt in their operations with effect from Monday over the high cost of aviation fuel, workers in the aviation se

Nigeria’s crude oil reserve rises to 37b barrels – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as of January 1, 2022, is 37.046 bi

FG, Telcos set for showdown over tariff hike

Govt says no approval for increase as operators insist on upward review Call may cost N53/minute, 1GB data N2,800      Subscribers kick The federal go