NNPCL Revenue Hits N5.08tn With N447bn Profit
The Nigerian National Petroleum Company Limited (NNPCL) has reported a substantial increase in revenue, reaching N5.078 trillion in October 2025. […]
African Business News
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African Business News
NNPC revenue increases to 5.08 trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a significant increase in revenue, reaching 5.08 trillion in October
Cross River approves SMEDAN loan for 500 small businesses
The Cross River State Government has approved a single-digit interest loan facility for 500 small business owners in the state,
Nigeria Refineries Remain Shut No PMS Production
Nigeria’s state-owned refineries remained idle in October, failing to produce any Premium Motor Spirit (PMS), according to a factsheet released
OPEC output strategy unchanged amid oil market shifts
OPEC+ Ministers Unlikely to Alter Oil Output Strategy at Upcoming Meeting Ministers from the Organization of the Petroleum Exporting Countries
Airbus alert grounds flights worldwide over software issue
Airlines worldwide have announced delays and cancellations of flights after Airbus issued an alert regarding a potential technical issue affecting
China Robotics Bubble Risk Amid Investment Frenzy
China’s economic planning commission has warned of a potential bubble in the country’s booming humanoid robotics industry, citing explosive investment
African Business News
Nigeria Economy Stronger After Reforms
The Central Bank of Nigeria’s Governor, Olayemi Cardoso, has stated that the country’s economy has emerged stronger and more resilient
Coronation Merchant Bank appoints Paul Abiagam as CEO
Coronation Merchant Bank has announced the appointment of Paul Abiagam as its new Managing Director and Chief Executive Officer, effective
Nigeria Disco revenue hits N196bn in September
Nigerian Electricity Distribution Companies Record N196.26 Billion in Revenue for September The Nigerian Electricity Regulatory Commission (NERC) has released its
African Business News
Tinubu Approves Tax Committee Implementation
President Bola Tinubu has established the National Tax Policy Implementation Committee (NTPIC) to oversee the implementation of the administration’s tax
NNPCL reports N5.4 trillion profit after tax in 2024
The Nigerian National Petroleum Company Limited (NNPCL) has reported a significant profit after tax of N5.4 trillion in its 2024