Nigeria’s oil output has taken a significant hit following the shutdown of the Nembe Creek oil field due to a major oil leak. The Nembe Creek...
Brent oil, the international benchmark for Nigerian crude oil, remained steady on Thursday, hovering just below seven-week highs as the escalating conflict in the Middle East...
The Nigerian National Petroleum Corporation (NNPC) Ltd and TotalEnergies have announced a joint investment of $550 million in a new gas processing facility in Rivers State....
In a cautious market, oil prices showed mixed movements in Asian trade on Tuesday. Global benchmark Brent crude oil, against which Nigerian oil is priced, experienced...
In a holiday-shortened trading week ending on Friday, June 14, Nigeria’s equities market saw a notable increase, rising by 0.71% or N398 billion. This boost came...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation rate rose to 33.95% in May 2024, a slight increase from the 33.69% recorded...
Brent crude prices fell on Monday, reversing some of last week’s gains as traders anxiously awaited the release of key economic data from China, the world’s...
Finidi George has resigned from his position as the head coach of Nigeria’s national football team, the Super Eagles. This news was confirmed by former Super...
The Nigerian equity market surged by N144 billion on Thursday, largely on the strong performances of key players like Nigerian Breweries and NEM Insurance. This recovery...
Oil prices faced a setback on Thursday as the U.S. Federal Reserve’s decision to maintain interest rates dampened investor sentiment. The Federal Reserve’s announcement on Wednesday...