Business
Crude Oil Surges Above $100 As Rising Middle East Tensions Threaten Global Supply.
Global oil prices have climbed back above $100 per barrel, reaching their highest level since July as escalating military tensions in the Middle Ea…
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Business
Uber Exits Nigeria After 12 Years.
Ride-hailing company Uber is set to wind down its operations in Nigeria effective Wednesday, September 2, 2026, bringing an end to its 12-year presen…
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Business
Nigeria’s Economy Grows 4.43% In Q2 2026 As FG Targets $1tn By 2030.
Nigeria’s real Gross Domestic Product (GDP) grew by 4.43 per cent year-on-year in the second quarter of 2026, strengthening the Federal Government’…
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Business
Bolt Returns To Nigerian Airports As FAAN Opens Talks With Other E-Hailing Firms.
The Federal Airports Authority of Nigeria (FAAN) has cleared ride-hailing platform Bolt to resume operations at Nigerian airports following an oper…
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Business
NNPCL Hikes Petrol Price Despite Dangote’s N1,185 Delivery Offer.
The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, popularly known as petrol, at its ret…
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Business
Naira Strengthens To Four-Month High As Dollar Sells For ₦1,420 On Parallel Market.
The Nigerian naira continued to trade relatively firmly against the United States dollar on Tuesday, August 18, 2026, following its recent apprecia…
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Business
Tinubu Hails Economic Team As Stock Market Surges, Says Economy Is on Stronger Footing.
President Bola Ahmed Tinubu, on Thursday in Abuja, said growing positive reviews of the economy by experts and favourable economic indicators signa…
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Business
Nigeria Targets Up To $50bn In Offshore Oil & Gas Investments By 2030.
Nigeria’s upstream oil and gas sector is projected to attract between $30 billion and $50 billion in fresh offshore investments over the next five …
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Business
JUST IN: Dangote Refinery Cuts Petrol Price By N50, Diesel By N80.
The Dangote Petroleum Refinery has announced reductions in the ex-depot prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automot…
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Business
Dow Hits Fresh High As Strong Earnings, Iran Talks Boost US Stocks.
Wall Street stocks rose early Tuesday, extending a rally following strong corporate earnings and comments from US Treasury Secretary Scott Bessent …
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Business
AI Can Transform Health, Education, Agriculture In Developing Economies — World Bank.
The World Bank on Tuesday called on developing countries to embrace artificial intelligence technology tools to deliver better governance outcomes,…
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Business
Customs Begins Implementation Of 2026 Fiscal Policy Measures, Tariff Amendments.
The Nigeria Customs Service (NCS) has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President B…
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Business
Nigeria Emerges Africa’s Biggest Small-Scale Solar Market With $2.4bn Investment.
Nigeria has emerged as Africa’s largest small-scale solar market after attracting $2.4 billion in investments amid the worsening electricity shorta…
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Business
Cardoso Assures Senate Of Economic Resilience As Lawmakers Move To Tighten Oversight Of Foreign Aid.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared that Nigeria’s economy has become increasingly resilient to extern…
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Business
Petrol Price Jumps By N115 As NNPCL, Other Marketers Adjust Pump Rates.
The Nigerian National Petroleum Company Limited has increased the pump price of Premium Motor Spirit, popularly known as petrol, from N1,155 to N1,…
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Business
CBN Retains Monetary Policy Rate At 26.5%.
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), also known as benchmark interest rate, at 26. 5 per cent for the secon…
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Business
Nigeria’s Petrol Imports Jump 207% In June As Domestic Refining Output Declines.
Nigeria's petrol imports surged by 207 per cent in June 2026, marking a sharp reversal in the country's recent progress towards greater rel…
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Business
Dollar Petrol Sales Push Fuel Prices Up As Marketers Face $1.84bn Monthly FX Burden.
Nigeria's downstream petroleum market is bracing for fresh pressure after the Dangote Petroleum Refinery switched the sale of refined petroleum p…
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Business
Dangote Refinery Moves Petrol, Diesel & Aviation Fuel Sales To Dollar Pricing.
Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit (petrol) at $0.779 per litre, unveiling a new pricing template that a…
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Business
Standard ₦100 Banknote Remains Legal Tender, CBN Clarifies.
The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutions against rejecting the standard ₦100 bankn…
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