Business & Economy

Pan-African business titan Tony Onyemaechi Elumelu, CFR, has been formally confirmed as a non-executive director of Seplat Energy Plc, the country's foremost indigenous oil and gas company, at the firm's...

Oil prices dipped slightly on Wednesday after President Trump once again promised a swift end to the Iran conflict, giving markets a brief moment of relief following weeks of war-driven...

Oil prices fell nearly 2% in early Asian trading on Tuesday after President Trump halted a planned strike on Iran, signaling a possible diplomatic resolution to the Middle East conflict....

The naira steadied at approximately ₦1,371 to the dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, with fresh CBN data signaling a market slowly stabilizing after months of...

Nearly two-thirds of Nigerians want interest rates reduced, according to the CBN's April 2026 Inflation Expectations Survey Report, but the apex bank is widely expected to hold rates steady when...

The Central Bank of Nigeria (CBN) has relaxed its foreign exchange controls, allowing travelers to receive 25% of their personal and business travel allowances in cash, reversing last year's all-electronic...

Nigeria's headline inflation rate edged higher in April 2026, climbing to 15.69 percent from 15.38 percent in March, according to the Consumer Price Index report published on Friday by the...

Dangote Petroleum Refinery has returned to court, filing a fresh suit at the Federal High Court in Lagos to nullify fuel import licences issued to NNPC Ltd. and several fuel...

The Lagos State Government has disbursed ₦1.933 billion in loans and grants to small businesses across the state, the commissioner for wealth creation and employment, Akinyemi Ajigbotafe, announced on Thursday...

Aliko Dangote has revealed that the NNPC was turned down in its bid to acquire a larger stake in his refinery, laying bare the power dynamics at the heart of...