Despite a significant increase in domestic refining capacity, Nigeria spent $4.86 billion on petroleum imports in 2025 as demand for foreign fuel and oil-sector inputs remained...

Gold prices remained near record levels on Monday as investors continued to favor the precious metal following weaker-than-expected U.S. economic data and lingering geopolitical tensions that...
Brent crude traded above $84 per barrel on Monday as investors reassessed geopolitical risks in the Middle East with uncertainty surrounding shipping through the Strait of...
The Nigerian Exchange (NGX) closed the first full trading week of August on a positive note as the benchmark All-Share Index edged higher amid strong gains...
Dangote Refinery could pursue a listing on the Johannesburg Stock Exchange after completing its planned Nigerian market debut, potentially giving investors in Africa’s largest and most...
Gold extended its rally on Friday, climbing above $4,280 an ounce as softer interest-rate expectations and renewed demand for safe-haven assets pushed bullion toward its strongest...
Crude oil prices extended gains on Friday with Brent climbing above $83 per barrel as fresh uncertainty surrounding plans to reopen the Strait of Hormuz revived...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, stood at approximately ₦1,415 on the buying side and ₦1,425...
The Nigerian Exchange (NGX) closed higher on Thursday as renewed demand for selected banking and financial stocks lifted the broader market despite relatively subdued trading activity....
The Economic and Financial Crimes Commission (EFCC) has frozen bank accounts belonging to the Osun State Government as part of an investigation into the alleged mismanagement...