Oil prices rose on Friday after traders noticed signs of easing inflationary pressures in the United States, the world’s largest oil consumer. Brent crude oil, against...
Nigeria’s equities market declined by 0.33 percent or N188 billion on Thursday following a drop in Seplat Energy Plc’s share price. This downturn reflects ongoing challenges...
The Nigerian equity market continued its downward trajectory for the third consecutive day this week as investors lost N2.18bn on Wednesday. The persistent decline saw the...
Oil prices dipped on Wednesday as the impact of Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in China, the world’s top crude...
The Nigerian National Petroleum Company (NNPC) is exploring the option of securing a $2 billion loan using crude oil pre-payments as collateral. Mele Kyari, the group’s...
The naira has plunged to a three-month low of N1,530 per dollar on the parallel market, also known as the black market, amid renewed pressure on...
Oil prices remained largely unchanged as investors closely monitored potential energy supply disruptions due to the largest ports in Texas shutting down in anticipation of Tropical...
Last week, the Nigerian equity market experienced a significant setback, losing N178 billion despite improved activity in the financial services sector. This decline comes as the...
The decline of the Nigerian naira has emerged as an unexpected lifeline for many loss-making firms in Africa’s largest economy. At an event co-organised by BusinessDay...
Oil prices for both Brent and West Texas Intermediate (WTI) crude reached new highs on Thursday, with Brent holding above $87 a barrel, its highest level...