Business & Economy

The naira traded steadily against the dollar on Wednesday in both the official and parallel markets, suggesting a fragile yet growing stability in Nigeria's foreign exchange landscape. Data from the...

Oil markets found themselves caught between competing forces on Wednesday, with crude prices settling into a cautious equilibrium as traders weighed the escalating military confrontation between Washington and Tehran against...

The naira held steady against the dollar on Tuesday across both the official and parallel markets, supported by improved liquidity and moderating import demand. Data from the Central Bank of...

Oil prices pulled back sharply on Tuesday, surrendering the bulk of the previous session's dramatic gains, as fragile signals of a ceasefire between Iran and Israel injected a rare moment...

Nigeria's naira gained modest ground against the dollar on Monday morning, trading at ₦1,357.26 per dollar at the official Nigerian Foreign Exchange Market (NFEM) window. Data published on the Central...

Oil markets surged on Monday as escalating tensions in the Middle East dashed hopes of a diplomatic resolution, driving Brent crude past $96 a barrel and stoking fears of a...

Cooking gas now sells for as high as ₦2,000 per kilogramme in several parts of the country, a steep increase from levels below ₦1,000 per kilogramme recorded in many locations...

The Central Bank of Nigeria (CBN) has announced a stiff N100 million penalty for banks that process foreign exchange transactions without adequate documentation, marking the country's most aggressive forex crackdown...

On Saturday morning, petrol tankers lined the Lagos-Ibadan Expressway, not a sign of scarcity this time, but of supply. The gridlock, ordinarily a source of frustration for commuters, was, in...

Gold slid for a second consecutive week on Friday, as stalling Middle East peace talks crushed investor hopes for a geopolitical resolution that would have otherwise boosted safe-haven demand. Spot...