Business

FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN

FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN

By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made […]
Visible Articles 5 10 15
FG to upgrade airports with N19b

FG to upgrade airports with N19b

Managing Director of the Federal Airport Authority of Nigerian (FAAN), Mr. George Uriesi yesterday affirmed that the Federal Government was set to upgrade most of the airports across the country with the sum of N19 billion.

Actis highlights effects of CFO in a global business environment

Actis highlights effects of CFO in a global business environment

Actis, a leading private equity investor that targets emerging markets with stakeholders and participants in the industry at its third CEO breakfast forum in Lagos have recognised that “The Evolving role of Chief Financial Officer (CFO) in Enhancing Business Performance and Creating Shareholder Value” is the life wire of modern scientific business if investors must maximise the global business opportunities.

ExxonMobil makes 41% profit as sales soar

ExxonMobil makes 41% profit as sales soar

ExxonMobil, the world’s largest energy company, on Thursday posted a 41 percent profit jump for the second consecutive quarter as sales soared again on higher oil prices.

Rising in the Job: Only the best will get to the top – Adejumo

Rising in the Job: Only the best will get to the top – Adejumo

Akintokunbo Ademola Adejumo is the Global Coordinator of Champions for Nigeria, an organisation devoted to tackling corruption, promoting good governance and celebrating genuine progress, excellence, commitment, selflessness and unalloyed service to Nigeria and the people of Nigeria. Currently the organisation is registered in Nigeria with the CAC as an NGO.

Markets cheer euro deal but questions remain

Markets cheer euro deal but questions remain

The euro and stocks rallied yesterday after European leaders struck a deal to provide debt relief for Greece, but analysts warned the plan would fail to halt the euro zone’s two-year-old debt crisis unless crucial details were resolved soon.

FG, US NEXIM bank parner to attract foreign investment

FG, US NEXIM bank parner to attract foreign investment

MInister of Trade and Investment, Dr. Olusegun Aganga, has made known the desire of Federal government to cooperate with United States NEXIM Bank to attract investors into the real sector of the economy.

Africa to prosper despite global turmoil -Jonathan

Africa to prosper despite global turmoil -Jonathan

Africa’s natural resources and fast-growing population will help ensure the continent prospers even if the developed world suffers another economic meltdown, Nigeria’s president said.