Business & Economy

New data from Nigeria's Budget Office has exposed a vast gulf between government projections and reality in Q3 2025, and the numbers make for uncomfortable reading for Africa's largest economy....

The Dangote Refinery emerged in April as the world's single largest exporter of aviation fuel, a landmark achievement that signals Africa's growing weight in the international energy order. The disclosure,...

Oil prices dropped over 1% on Friday, set for their worst week since April, after reports surfaced that the U.S. and Iran had tentatively agreed to a ceasefire and the...

Nigeria's naira maintained a composed footing in the official foreign exchange market on Thursday, trading at approximately ₦1,375.41 to the dollar at the Nigerian Foreign Exchange Market (NFEM) window, according...

Gold prices bounced back sharply on Thursday, recovering from a two-month low as U.S.-Iran diplomatic progress sparked optimism and gave the struggling metal a timely boost. Spot gold climbed 0.5%...

Oil prices jumped over 2% on Thursday after Iran's Revolutionary Guards launched a retaliatory strike on a U.S. airbase, rattling global energy markets and undermining hopes for a diplomatic resolution...

The Nigerian Railway Corporation (NRC) has thrown the travel plans of thousands of commuters into uncertainty after announcing a temporary suspension of the Warri Itakpe Train Service (WITS), one of...

Oil prices fell sharply on Wednesday, erasing most of the previous session's gains as traders weighed renewed U.S.-Iran hostilities against the slim but growing possibility that the Strait of Hormuz...

President Bola Tinubu has approved a 50 per cent reduction in fares on all passenger train services operated by the Nigerian Railway Corporation (NRC), effective immediately and running through Monday,...

The Federal Competition and Consumer Protection Commission (FCCPC) has been forced to stand down on one of its most consequential regulatory moves in recent memory, at least for now. Nigerian...