Business & Economy

Dangote Resumes Petrol Sales in Naira, Sets New Price

Again, NNPCL Raises Petrol Price

Nigeria's apex bank has once again found itself firefighting a wave of misinformation over the naira, this time moving swiftly to shut down speculation that the N100 and N200 banknotes...

South Africa's inflation rate climbed to its highest level in two years in June, all but sealing expectations that the Reserve Bank will raise interest rates for a second time...

The naira opened trading at ₦1,381.68 to the dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, extending a run of relative calm that has characterized the official window...

Global oil markets lurched higher on Wednesday, with Brent and WTI both touching their strongest levels since June 11, as traders confronted the prospect that not one but two of...

NNPCL Raises Petrol Price

The Central Bank of Nigeria (CBN) has once again kept its benchmark interest rate unchanged, opting for caution as policymakers weigh a fragile domestic recovery against a darkening global backdrop...

Nigeria's bid to revive upstream investment cleared a key hurdle this week, with 196 companies advancing to the commercial bid stage of the 2025 oil licensing round, even as more...

The naira held steady near ₦1,380/$ on the official market on Tuesday, even as attention shifted to Abuja, where the CBN's rate-setting committee closed out a closely watched two-day meeting....