Transcorp, Nigeria’s leading diversified conglomerate, has received a significant investment from billionaire businessman Femi Otedola. The announcement was made by Transcorp’s Chairman, Tony Elumelu, who expressed...
Oil prices have experienced a moment of stability after a recent drop, but weak refinery margins continue to pose a threat to the industry. On Thursday,...
Access Holdings Plc, one of Nigeria’s leading financial institutions, has reported an impressive 56.6% growth in interest income for the first quarter of 2023. According to...
Oil prices continue to face downward pressure, extending sharp losses from the previous session, even after a report showing that U.S. inventories fell last week. Brent...
Nigerians in the Diaspora remitted a total of $168.33 billion back home
China’s upcoming May Day holiday is bringing optimism to the oil industry as holiday travel is expected to increase fuel demand in the world’s second-largest economy....
As of April 25, 2023, the dollar to naira exchange rate is 1 USD to 736 NGN at the black market. This means that for every...
The National Bureau of Statistics (NBS) has released its Petrol and Diesel Price Watch Reports for March 2023, revealing a sharp increase in fuel prices compared...
Oil prices saw a decline on Monday as concerns over global economic growth and the outlook for fuel demand weighed heavily on the commodity market. Brent...
Nigeria’s external debt to the World Bank has increased by more than 120% under President Muhammadu Buhari’s administration, according to data released by the Debt Management...