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October 12, 2025

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Business and economic news from Nigeria and around the world.

NEITI, Solid minerals, Nigeria achieves 55% increase in oil earnings for 2018 - NEITI

FG earned N52 billion from solid minerals in one year – NEITI

by Bamidele Samuel Adesoji

The solid minerals sector contributed N52.75 billion to federation revenue in 2017, a 21% increase on the N43.22 billion contributed...

NNPC, petroleum, Kyari, smuggling, , NNPC explains why kerosene price is not stable, NNPC, Why NNPC may sack depot managers in downstream sector , NNPC boss blames failure of refineries on negligence, says there are no excuses , No fuel scarcity during festive period - NNPC , NNPC advances commitment to meet domestic gas demands, NNPC to pay BCE $22.6 million over failed contract , Pipeline vandalism: NNPC GMD invited for questioning , Curbing the menace of smuggling of petroleum products, Amendment of Deep Offshore Act: NNPC allays fears of IOCs , New oil discovery to facilitate massive job creation – NNPC, Shell, NNPC lament Nigeria’s electricity deficit, FG gives reasons for fuel subsidy removal, discloses alternative to kerosene, NNPC makes $434.85 million from oil export sales in January, may suspend crude oil production

NNPC restates commitment to drive positive change

by Joseph Olaoluwa

The Nigerian National Petroleum Corporation (NNPC) has promised to be a beacon of hope and creativity in Africa's Oil and gas landscape.

Nigerian textile industry may benefit from Afreximbank’s cotton initiative

Afreximbank has disclosed plans to develop an African Cotton programme in order to help boost the cotton sector in the continent.

Nigerian Ports Authority seeks N50 billion for patrol boats, fenders purchase

NPA is seeking about N50 billion in total for the refixing of dilapidated fenders and purchase of new patrol boats...

Bauchi lands $864 million deal to produce cement

by Joseph Olaoluwa

A deal worth $864 million has been signed by the Bauchi State Government and an American investment company to produce...

Appointments

RT Briscoe Nigeria Plc appoints new Executive Director, CFO

by Joseph Olaoluwa

The Board and Management of R.T. Briscoe Nigeria Plc have announced the appointment of Olorunfemi A. Eguaikhide and Jubril Adetokunbo...

387 pharmacies shut down by PCN, here is why

No fewer than 387 pharmacies has been shut down over unethical practices and lack of compliance by the Pharmacists Council of Nigeria...

Treasury Bills, CBN acts tough again, gives banks 72 hours ultimatum to resolve customers’ complaints, CBN, NECA calls for CBN

CBN’s Manufacturing PMI up to 58.2 points in October

by Abiola Odutola

The Central Bank of Nigeria’s manufacturing purchasing managing index has witnessed an increase from 58.0 as at September to 58.2 points in...

Nigerian company to launch water-powered generators

Buserve Limited, an energy company has disclosed plans to unveil its water-powered generators which will help in cutting down electricity...

Customer, business, Polarization: How, attract, right, customers, ‘’wrong’,’ ones, out, A guide to identifying your profitable customers and improving your sales (1), customers, Customer Service: 9 ways to go from zero to hero in no time, How to implement customer feedback that will skyrocket your business growth

How to use before and after photos to get more customers

by Raheem Adebayo