Building the systems that turn potential into prosperity. Part II: The Doorway Is Visibility One of Africa’s greatest economic paradoxes...
The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage...
Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over...
Dangote Petroleum Refinery expects the global shortage of petrol, diesel and other refined fuels to persist beyond the end of...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, declined slightly on Wednesday,...
Buying interest was scarce on the Nigerian Exchange (NGX) on Tuesday as widespread selling pressure outweighed advances across the market,...
Zenith Bank, FirstBank and Guaranty Trust Bank have expanded the amount customers can spend internationally using naira-denominated cards. The revised...
Nigeria recorded a merchandise trade surplus of about N12.6 trillion in the second quarter of 2026 as exports climbed to...
Dangote Petroleum Refinery is preparing for one of the most consequential listings in the history of Nigeria’s capital market with...
Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to direct the Nigerian National Petroleum Company Limited to immediately reverse the latest hike...
The Federal Reserve’s decision to lower interest rates by 0.5 percentage points, bringing the federal funds target range to 4.75% to 5%, was widely expected by...
Former presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has launched a legal battle against Guaranty Trust Bank (GTB) for freezing his bank accounts...
Teachers in the Buratai community located in the Biu Local Government Area of Borno State are set to benefit from the Teachers’ Housing Project initiated by...
The Naira closed the week weaker against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Friday, October 11 to N1,641.27/$1, as the...
The Nigerian stock market closed on a positive note on Friday, October 11, 2024, with the All-Share Index (ASI) advancing by 0.13%, adding 129.44 points to...
The Federal Government has announced plans to unveil a 15 million-litre aviation fuel depot in Lagos State on October 17, 2024. This announcement was made by...
The House of Representatives has warned President Bola Tinubu against imposing multiple taxes, levies, and charges on Nigerians already struggling with subsidy removal and higher electricity...
Oil prices settled lower on Friday with Brent crude oil futures settled down 36 cents, or 0.45%, at $79.04 a barrel, while the US West Texas...
The Federal Government has said all petroleum marketers can now negotiate and buy products directly from the Dangote Refinery, Lagos. A statement by the Ministry of...
