Business & Economy

Oil prices retreated on Tuesday as traders found themselves pulled in two directions: cautious optimism over emerging mediation efforts between Washington and Tehran, set against the stark reality of renewed...

Nigeria's 36 states and the Federal Capital Territory shared N2.37 trillion in Value Added Tax (VAT) allocations between January and June 2026, marking a 23.5 percent jump from the N1.92...

The naira showed no signs of buckling on Monday, changing hands at ₦1,379.64 to the dollar at the official Nigerian Foreign Exchange Market (NFEM). This level keeps the currency firmly...

Oil markets extended their remarkable rally into a second week on Monday, with Brent crude piercing the $90-a-barrel threshold for the first time in more than a month as the...

Shareholders of BUA Foods Plc have overwhelmingly re-elected billionaire industrialist Abdul Samad Rabiu, CON, as Chairman of the company, while also approving the largest dividend payout in the company's history:...

Dangote Petroleum Refinery's offshore marine terminal has now logged approximately 1,100 tanker calls since operations began, with traffic currently running at around 75 vessels per month, a figure the company...

President Bola Tinubu has taken his most decisive step yet toward taming Nigeria's fast-growing but largely fragmented digital asset space, signing the Presidential Executive Order on Virtual Assets Coordination, 2026,...

Nigeria's naira closed out the week on familiar footing on Friday, with the naira trading near ₦1,380 per US dollar in the official window, even as the black market continued...

Oil markets jumped on Friday as U.S.-Iran fighting escalated across the Gulf, with traders now bracing for the possibility that both the Strait of Hormuz and the Red Sea's Bab...

Dangote: Fuel Price Increases