Saturday, August 1, 2026
Nigeria’s new gas, oil policy to stimulate competitive environment for local, foreign investors, says oil minister
Ibe Kachikwu, Nigeria's minister of state for petroleum resources said Tuesday that the country's new gas, oil policy, bold steps...
Read moreDetailsNigeria awards $7bn Lagos-Kano rail project to Chinese state firm
Nigeria has awarded a $6.68 billion contract to the China Civil Engineering Construction Corporation (CCECC) for work on a major...
Read moreDetailsInvestors see share value drop by N22.5 billion in second day bearish Nigerian equities trading
L–R: Bamidele Asije, non-executive board member, ABC Transport Plc; Olumide Obayomi, chairman, ABC Transport Plc; Tinuade Awe, executive director, regulation,...
Read moreDetailsNaira posts mixed fortunes in Nigerian currency markets
The Nigerian naira remained flat at N363 to the dollar in the parallel market, but continued to dip in value...
Read moreDetailsNigeria Inflation rate slows to 12.48% in April
The National Bureau of Statistics, Tuesday declared that the annual inflation rate in Nigeria stood at 12.48 percent for the...
Read moreDetailsBrent, WTI hold gains as markets tighten amid signs of strong oil demand, Iran sanction
Crude oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened...
Read moreDetailsOPEC revises global oil demand forecast to 1.65mbpd amid rising prices
OPEC has revised its forecast for global oil demand growth this year, noting that sanctions, tariffs, and the U.S. withdrawal...
Read moreDetailsNigeria’s state oil firm issues crude oil contracts expected to last for two years
Nigeria's state oil company, Nigerian National Petroleum Corporation (NNPC), has issued crude export contracts that are expected to last two...
Read moreDetailsNigerian stocks edge lower 0.84% as sell-offs trail bellwethers
Nigerian stocks started the week Monday on the low as losses in market bellwethers - NESTLE (-3.2%), DANGCEM, (-0.6%) and...
Read moreDetailsNigeria, Africa’s largest telecom market, poised for increased investment, BuddeComm study reveals
Africa's largest telecom market, the Nigerian telecom industry, has been tipped for increased foreign investments. a study by BuddeComm, a...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.