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Crude futures shot around seven per cent higher after an Iranian news agency announced Tehran had suspended the negotiations with Washington via mediators. The post Oil Prices Jump As Iran Suspends Peace Talks appeared first on Channels Television.
Oil prices have surged due to the suspension of peace negotiations by Iran, causing market volatility. This development has heightened tensions in the Middle East and impacted global equities.
CBN Governor Cardoso has launched the Nigeria Payments System Vision 2028, emphasizing its importance in combating poverty. He believes that an efficient payment system is essential for economic growth and improving the lives of Nigerians.
They also examined the opportunities and structural challenges influencing the continent’s rapidly evolving digital music economy. The post Efe Omorogbe, EeZee Tee, others chart future of Nigeria’s digital music industry appeared first on Premium Times Nigeria.
PZ Cussons Nigeria Plc has announced a major leadership transition, appointing Oghale Joseph Elueni as its new managing director and read more PZ Cussons charts new growth path with CEO, CFO appointments
The Central Bank of Nigeria has launched the Payments System Vision 2028 to enhance the payments ecosystem. Stakeholders are advocating for reduced transaction fees to improve financial inclusivity.
Alex Enumah in AbujaThe Supreme Court has set aside an order of the Court of Appeal freezing the assets of Neconde Energy Limited, Nestoil Limited and two others, over an
The National Bureau of Statistics reported that the average daily cost of a healthy diet per adult reached N1,541 in March 2026. This figure highlights the financial challenges associated with maintaining a nutritious diet in Nigeria.
Tinubu urged the navy to maintain its standards to meet future security obligations. The post ‘You’ve Eradicated Piracy, Curtailed Crude Oil Theft,’ Tinubu Lauds Nigerian Navy appeared first on Channels Television.
In a market where small businesses often juggle fragmented tools to manage sales, payments, inventory, and customer relationships, Zirro, a read more Inside Zirro’s ‘all-in-one’ operation software for African businesses
Nigeria’s private sector recorded its strongest growth in nine months in May, driven by a sharp increase in customer demand read more Nigeria’s private sector growth hits nine-month high as demand surges
Nigeria’s financial system is expected to receive about N10.90 trillion in liquidity inflows in June, driven largely by maturing Open read more Nigeria faces N10.9trn liquidity surge as OMO maturities test CBN tightening
The country, one of the world's oil and gas giants, had already restricted the export of car fuel, as pressures on the market mount during the Ukraine war. The post Russia Bans Aviation Fuel Exports appeared first on Channels Television.
An expert has urged Nigeria to boost domestic production and reform its port infrastructure to mitigate global supply chain disruptions. This call comes in light of ongoing global conflicts affecting logistics.
JustMarkets, a trading platform with 3M+ active clients and presence in over 160 countries, will soon celebrate its 14th anniversary. read more JustMarkets Launches Great Anniversary Contest with $50,000+ Prize Pool and Gold Rewards
Chartered Accountant and business analyst Success Ajilore has emphasized the importance of financial discipline, responsible borrowing, and structured business systems read more Financial discipline and smart debt management critical for SME survival — Success Ajilore
African currencies delivered mixed performances against the US dollar in May 2026 as inflation concerns, global market uncertainty and shifting read more Top 10 best-performing African currencies – May 2026
Morocco has surpassed South Africa to become Africa's leading industrial economy after 15 years. This shift is attributed to aggressive economic strategies and industrial growth in Morocco.
Recent reports indicated that increased activity in the interbank segment has helped support the local currency despite persistent demand for dollars. The post Naira To Dollar Exchange Rate Today, June 1, 2026 appeared first on Channels Television.
While Nigeria struggles with erratic electricity supply, businesses are quietly paying a heavy price running on generators that drain profits read more AfDB warns Nigeria’s power crisis fuels hidden costs, weakens economy
French President Emmanuel Macron announced £93 billion in investments during the 'Choose France' initiative. This amount exceeds the total raised over the past eight years, showcasing France's commitment to attracting foreign investment.
The French navy has detained a suspected Russian oil tanker in the Atlantic, part of efforts to combat Moscow’s sanctions-busting “shadow fleet.”
The African Energy Chamber emphasizes that local refining can reduce Nigeria's reliance on imported products. They highlight the need for competition and efficient logistics in the downstream market to achieve this goal.
*Weak manufacturing base threatens economic gains – CPPE By Yinka Kolawole Nigeria’s manufacturing sector recorded a significant improvement in output in the first quarter of 2026 (Q1’26), with growth more than doubling year-on-year. However, concerns persist o...
The article emphasizes the urgent need to address food scarcity in Nigeria to avoid severe consequences. It draws parallels with historical food crises, highlighting the importance of swift action.
Peek under the buzz around its reform credentials, and the truth is that the Tinubu administration’s policies, thus far, have largely favoured the economy’s demand side – an increase in the minimum wage, and, through tax reforms, a redistribution of income away from high ea...
The Centre for the Promotion of Private Enterprises reports a year-on-year real GDP growth of 3.89% for Q1 2026, indicating a gradual recovery of the Nigerian economy. This positive trend reflects ongoing improvements in economic performance.
Nigeria and the UAE have achieved a significant milestone with their non-oil trade reaching $5 billion in 2025. Minister Bianca Odumegwu-Ojukwu expressed satisfaction with the progress in resolving visa-related issues between the two nations.
Over 100 imported vegetable oil brands are dominating Nigeria's local market despite a government prohibition. The National Chairman of the Vegetable/Edible Oil Producers Association attributes this to enforcement failures by Customs, NAFDAC, and SON.
NGX Group's CEO, Temi Popoola, has called for better integration of capital markets into Nigeria's monetary policy. He emphasizes that developing the capital market is crucial for macroeconomic stability.