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Category: Business

Imports Drive Increase As Nigeria’s Petrol Supply Hits 40.1 ml/d
Business

Imports Drive Increase As Nigeria’s Petrol Supply Hits 40.1 ml/d

David BenjaminApril 15, 2026

  Nigeria’s total petrol supply rose to 40.1 million litres per day (ml/d) in March 2026, up from 39.5 ml/d…

Nigeria Signs $1bn Investment MoU With India’s Rashmi Steel Group
Business

Nigeria Signs $1bn Investment MoU With India’s Rashmi Steel Group

David BenjaminApril 15, 2026

  The Federal Government has inked a $1 billion investment deal, signing a Memorandum of Understanding (MoU) with the Indian…

Norway Oil Exports Hit Record High On Iran War
Business

Norway Oil Exports Hit Record High On Iran War

David BenjaminApril 15, 2026

Norway’s crude oil exports hit a record high in March as the war in Iran and closure of the crucial…

Japan Refiners To Buy Nigerian Crude As War Risks 95% Imports
Business

Japan Refiners To Buy Nigerian Crude As War Risks 95% Imports

David BenjaminApril 15, 2026

  Japan refiners are ramping up crude oil importation from Nigeria, highlighting the short-term challenges of replacing their Middle Eastern…

Uber Ramps Up Robotaxis Push With $10bn Commitment
Business

Uber Ramps Up Robotaxis Push With $10bn Commitment

David BenjaminApril 15, 2026

  Breaking from its asset-light “gig economy” business model to avoid disruption from robotaxis, Uber has committed more than $10…

China, Vietnam Leaders Sign Cooperation Deals
Business

China, Vietnam Leaders Sign Cooperation Deals

David BenjaminApril 15, 2026

  Vietnam’s President To Lam met with China’s leader Xi Jinping in Beijing on Wednesday, Chinese state media said, hoping…

Nigeria’s Public Debt Hits ₦159.28trn In December– DMO
Business

Nigeria’s Public Debt Hits ₦159.28trn In December– DMO

David BenjaminApril 15, 2026

  Nigeria’s total public debt increased to N159.28 trillion as of December 31, 2025. Total public debt rose from N153.29 trillion…

Fertiliser Shortages Hit Developing Countries As Iran War Rages
Business

Fertiliser Shortages Hit Developing Countries As Iran War Rages

David BenjaminApril 15, 2026

  Fertiliser shortages due to the Iran war are a concern for developing countries, the head of the United Nations…

Gains From Rising Oil Prices Likely To Be Short-Lived, UN, IMF Warn Nigeria, Others
Business

Gains From Rising Oil Prices Likely To Be Short-Lived, UN, IMF Warn Nigeria, Others

David BenjaminApril 15, 2026

  Profits from rising oil and gas prices for developing world ​producers, including Nigeria, are likely to be short-lived, the…

S. Korea Secures 270mb Oil From Suppliers Unaffected By Hormuz Blockade
Business

S. Korea Secures 270mb Oil From Suppliers Unaffected By Hormuz Blockade

hopticsApril 15, 2026

  South Korea has secured supplies of more than 270 million barrels of crude oil via routes unaffected by the…

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