Business & Economy

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...

The naira held steady on Wednesday at roughly ₦1,369 to the dollar as ongoing foreign exchange reforms continue to stabilize Nigeria's currency market. The figures, drawn from the NFEM, reflect...

Oil markets fell sharply on Wednesday, with prices dropping to their lowest point since just before the U.S. -Israeli strikes on Iran, a striking reversal from the generational energy crisis...

The aviation regulator said it is considering extending the deadline for airport cab operators to upgrade their vehicles to October 2026, but made clear, in unmistakable terms, that this would...

Oil prices fell further on Tuesday as early signs emerged that crude flows through the Strait of Hormuz were stabilizing, following a fragile diplomatic breakthrough between the U.S. and Iran....

The naira held steady on Tuesday at ₦1,366.41 per dollar at the official NFEM window, buoyed by CBN policy interventions and consistent foreign portfolio inflows. The figure, derived from the...

China has fired back at Washington, imposing export controls on 10 American companies and banning procurement from dozens more, in direct retaliation for the U.S. blacklisting of Chinese firms accused...

The naira opened Monday's official NFEM session at ₦1,363.41 to the dollar, a rate that signals the CBN's sweeping reforms are steadily taking hold. The official NFEM window has largely...

Global oil prices dropped sharply on Monday after U.S.-Iran talks in Switzerland ended with Tehran securing export waivers, effectively dissolving fears of a prolonged supply shortage. Brent crude, the international...

The Nigerian Exchange just closed out one of its roughest stretches of the year, with investors watching roughly N5.7 trillion in value evaporate over a single week as a wave...