60m barrels of crude oil unsold as local refineries suffer low supply
Adequate crude supply will sustain domestic refineries – Marketers There is no end in sight to the challenges faced by local refineries in sour
Business
All the recent business news in Nigeria, economy and industry updates.
Customs nets N1.75trn revenue in Q1 2025
The Nigerian Customs Service has stated that it collected a total of N1.75 trillion revenue in the first quarter of 2025. The Comptroller General of C
Onne berths largest vessel, lauds NPA boss over port efficiency
As the Onne Multipurpose Terminal (OMT) berthed its largest vessel in history, the Chief Operating Officer of OMT, Jim Stewart, has commended the Mana
Experts caution FG amidst IMF report on Nigeria’s economic uncertainty
Economic experts have reacted to a recent report by the International Monetary Fund (IMF) suggesting Nigeria’s economic outlook is marked by significa
Unsold goods hit N2.14trn in 2024; MAN cites weak demand, high production costs
The inventory of unsold finished goods in Nigeria surged by 87.5 per cent to N2.14 trillion in 2024, the Manufacturers Association of Nigeria (MAN) di