Nigeria has halted the issuance of new petrol import licenses in a move that signals a strategic shift toward strengthening domestic refining capacity and reducing reliance...
Rising diesel prices are increasing operational pressure on Nigerian businesses as the cost of self-generated electricity continues to climb across key sectors of the economy. Many...
Global crude oil prices advanced on Friday and are on track to close the week higher as rising geopolitical tensions in the Middle East continue to...
Global financial markets traded cautiously on Wednesday as oil prices surged again, triggering renewed volatility across equities and currency markets amid escalating geopolitical tensions in the...
Global oil prices declined sharply on Tuesday after remarks from U.S. President Donald Trump suggested that the ongoing conflict in the Middle East may end sooner...
Petrol prices in Nigeria have climbed further after the Dangote Petroleum Refinery increased the gantry price of Premium Motor Spirit (PMS) to ₦1,175 per litre. The...
Gold prices declined on Monday as a stronger U.S. dollar and rising Treasury yields reduced the appeal of the precious metal despite ongoing geopolitical tensions in...
Global oil prices surged sharply on Monday as escalating geopolitical tensions in the Middle East triggered widespread concerns about supply disruptions across the global energy market....
Global oil prices surged by more than three percent as escalating tensions in the Middle East disrupted shipping activity near the Strait of Hormuz, raising fresh...
Asian and European equity markets rebounded on Thursday after suffering sharp losses earlier in the week as investors reassessed geopolitical developments and governments introduced measures aimed...