Business & Economy

Oil prices tumbled sharply on Tuesday, erasing much of the previous day's dramatic surge, as investors took comfort from U.S. President Donald Trump's optimistic assessment that the escalating war in...

Gold prices rebounded modestly on Tuesday, supported by a weaker U.S. dollar and a sharp fall in oil prices after President Trump signaled a possible end to the Middle East...

The Nigerian National Petroleum Company (NNPC) has reported a dramatic 47% plunge in monthly revenue for January 2026, with earnings dropping sharply to N2.57 trillion from N4.82 trillion in December...

The Dangote Petroleum Refinery announced on Monday a sharp increase in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per liter. This marks the...

Dangote Refinery Increases Petrol Price

Liquefied natural gas (LNG) shipments from Nigeria are being rerouted to lucrative Asian markets as a sudden halt in exports from Qatar, one of the world's top suppliers, triggers a...

FCMB Group Plc has announced the successful completion of its recapitalization exercise, raising the necessary funds to retain its international banking license well before the Central Bank of Nigeria's (CBN)...

The Nigerian Naira faced a subtle easing against the US Dollar on Monday, reflecting a period of moderate volatility in both official and parallel markets. Data from the Nigerian Foreign...

G7 finance ministers are holding an emergency meeting today to discuss a coordinated release of strategic oil reserves via the IEA, aiming to stabilize surging global energy markets amid the...

The government of Senegal has acquired a 10% equity stake in Dangote Cement Senegal, the country's dominant cement producer and a key subsidiary of Nigerian billionaire Aliko Dangote's pan-African conglomerate....