Petrol prices in Nigeria have surged by over 50 percent as the country sharply reduces its dependence on imported fuel. Recent data indicates that fuel imports...
The Dollar to Naira black market exchange rate recorded a moderate increase on Tuesday, March 24th 2026, as sustained demand for foreign currency continued to influence...
The Nigerian Exchange Limited (NGX) extended its bearish trend on Monday as sustained selling pressure, particularly in banking stocks, pushed the All-Share Index (ASI) below the...
Chairman of Heirs Holdings, Tony O. Elumelu, has announced the 12th cohort of the Tony Elumelu Foundation (TEF) Entrepreneurship Programme. Elumelu made the announcement in his...
Nigerian banks are accelerating efforts to strengthen their capital base as the Central Bank of Nigeria’s recapitalisation deadline approaches. With the regulatory cut-off drawing near, lenders...
Nigeria’s export sector is facing renewed pressure as a shortage of shipping containers disrupts cargo movement through key ports, raising concerns over delays, rising costs and...
Airlines are adjusting their operational strategies as a sharp increase in jet fuel prices continues to exert pressure on costs, raising concerns about profitability and service...
Dangote Refinery has increased its supply of refined petroleum products to neighbouring West African countries as the company shipped 12 cargoes or 456,000 tonnes following the...
The Nigeria Labour Congress (NLC) has called on the Federal Government to consolidate the Ministries of Power and Petroleum Resources into a single Ministry of Energy...
Nigeria has secured a £746 million financing agreement with the United Kingdom to overhaul critical port infrastructure in Lagos, a move expected to enhance cargo handling...