Nigeria is considering the establishment of a National Commodity Board aimed at mitigating the escalating food inflation that has been a concern for the nation. Vice...
Oil prices rose on Tuesday amidst escalating tensions in the Middle East, driven by concerns over potential disruptions in supply. However, gains were tempered by lingering...
Nigerian power consumers are reeling from the impact of massive overbilling, with power distribution companies (Discos) collectively raking in N105 billion in nine months. An analysis...
Oil declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with...
Oil prices remained relatively stable on Friday, showing resilience amid ongoing tensions in the Middle East, with both Brent and West Texas Intermediate (WTI) crude oils...
Nigeria’s energy landscape is poised for significant expansion with the imminent commencement of production at the Akpo West field, a development expected to bolster the nation’s...
Oil extended gains on Thursday after Israel rejected a ceasefire offer from Hamas, while a weaker dollar also supported prices. Brent crude oil, against which Nigerian...
As Nigeria grapples with economic challenges, citizens are facing intensified financial strain due to a significant surge in commodity prices under the presidency of Bola Ahmed...
Oil prices rose marginally as geopolitical tensions flared in the Middle East while the Federal Reserve’s hawkish comments added to market uncertainties. Brent crude hovered around...
Oil prices nudged higher on Monday, recovering from sharp falls last week, after Washington pledged to launch further strikes on Iran-backed groups in the Middle East...
