Business & Economy

The Nigerian naira maintained a relatively stable position in the official foreign exchange market on Tuesday, trading at ₦1,373.25 to the US dollar, according to fresh data released by the...

Gold climbed more than 1% on Tuesday, reclaiming ground as declining U.S. Treasury yields lowered the opportunity cost of holding the non-yielding metal. At the same time, softer crude oil...

Oil markets retreated on Tuesday as investors grew wary of the slow, erratic pace of U.S.-Iran negotiations, which have kept global energy markets on edge for weeks. Brent crude futures...

Nigeria's currency held its ground at the close of last week's trading, with the naira settling at ₦1,373.25 to the dollar on Thursday, May 29, as improved interbank activity and...

Nigeria's bill for food imports dropped to $2.34 billion in 2025, a 7.37 percent decrease from the $2.53 billion recorded the year prior, according to data from the Central Bank...

Gold prices retreated sharply on Monday as an escalating exchange of military strikes between the United States and Iran sent shockwaves through global markets, rekindling inflation anxieties that have long...

Dangote Industries Limited has once again claimed the title of Africa's Most Admired African Brand, securing the coveted distinction for an unprecedented eighth consecutive year at the 16th annual Brand...

Global oil markets surged on Monday as renewed U.S.-Iran strikes and Israel's deepening push into Lebanon crushed weekend hopes for a diplomatic breakthrough. U.S. crude futures climbed $2.29, or 2.62%,...

The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of petrol (PMS) and diesel (AGO), offering renewed relief to Nigerian consumers and businesses. Under the latest adjustment,...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) posted N4.97 trillion in revenue for April 2026, a 79.2 percent jump from March's N2.774 trillion and one of the company's most...