Business & Economy

The Nigerian naira maintained a relatively stable footing on Monday, closing at ₦1,379.22 to the United States dollar at the Nigerian Foreign Exchange Market (NFEM), as the closely watched gap...

Global oil prices edged higher on Monday as U.S.-Iran military clashes undermined their fragile peace deal and renewed fears over oil flows through the Strait of Hormuz. Brent crude futures...

The Federal Competition and Consumer Protection Commission (FCCPC) granted full approval to 48 loan app companies that had previously been operating under conditional status, bringing the total number of fully...

Nigeria's naira held steady on Friday, trading at roughly ₦1,374.76 per dollar officially. At the same time, parallel market operators quoted rates between ₦1,388 and ₦1,400, a narrowing gap that...

Oil prices dropped 2% on Friday, capping a brutal week for crude markets, as fading supply fears in the Strait of Hormuz sparked a broad selloff even as fresh hostilities...

The federal government on Wednesday announced the discovery of a world-class polymetallic mineral province in Kaduna State, containing some of the most strategically valuable materials fueling the global clean energy...

Oil prices plunged on Thursday to pre-war lows as recovering traffic in the Strait of Hormuz raised fears of a Middle Eastern supply glut amid already sluggish demand. Prompt-month Brent...

The Nigerian naira held relatively steady against the dollar on Thursday, trading around ₦1,370 in the official market, a sign of short-term stability despite the enormous pressures still weighing on...

Credit extended to the Nigerian government swelled by N17.39 trillion in May 2026, underscoring a deepening reliance on domestic bank financing even as the Central Bank of Nigeria maintains a...

Dangote Petroleum Refinery has pushed back sharply against allegations that it exports petroleum products to Lomé, Togo, only to have them re-imported back into Nigeria, dismissing the claims as a...