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The United States and Iran appear closer than ever to a deal that would end the war that has ravaged the Middle East since late February, sending energy prices soaring and stoking global inflation. The post Oil Falls, Asian Stocks Climb On Hopes Of US-Iran Hormuz Deal appeared fi...
India has increased fuel prices again, citing the ongoing conflict in the Middle East. This move follows Prime Minister Narendra Modi's call for restrictions on fuel use to conserve foreign currency.
According to NALPGAM, while prices have gone as high as N1,500/kg, they are forced to pay as much as N25,200,000, or, depending on location, N26,200,000 for 20MT of cooking gas. The post Marketers Raise Concerns Over Scarcity As Cooking Gas Hits ₦1,500/Kg appeared first on Chan...
The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 25, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market. The post Dollar to Naira exchange rate today, May 25, 2026 appeared first...
By Peter Egwuatu After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors last week have taken toll on the Nigerian stock market. Analysts noted that the profit-taking was mostly in major blue chip and mid-cap companies that had paid...
Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM, has raised alarm over the soaring cost of cooking gas in the country, warning that the continuous increase in price could spark public outrage against operators of gas filling stations. The post Cooking gas hits ...
As the cost of meat rises during Eid el Kabir, families are turning to cow sharing strategies to manage expenses. This trend highlights the economic challenges faced by many during festive seasons.
…taking a loan in the understanding that one may kick the repayment can down the road is not just irresponsible. It is one major drawback of our economy. Little wonder, then, that the major credit rating agencies continue to rate Nigeria below “investment grade” as an i...
Local contribution to crude output jumps over 100% in a decade 8 of top 10 African indigenous producers now Nigerian Report says local operators face mounting financing hurdles Emmanuel Addeh in
*Says continent in need of growth reset Ndubuisi Francis in Abuja Nigeria and other Sub-Saharan Africa trail other developing regions of the world mostly in governance, business regulation, and market
The Ogun State Government has reallocated resources to support a garment factory as part of the Special Agro-Industrial Processing Zones Programme. This initiative aims to boost local industry and create job opportunities in the region.
Sunday Ehigiator Corporate Accountability and Public Participation Africa (CAPPA) has premiered a new documentary titled Sweet Poison, raising concerns over the growing health and environmental dangers linked to the consumption
Ndubuisi Francis in Abuja No fewer than 32 states of the federation generated N3.54 trillion in actual revenue in the first quarter (Q1) of 2026, with N2.52 trillion coming from
– Depot price spikes to N26m for 20MT – NALPGAM warns of SMEs’ shutdown, collapse of FG’s clean energy gains Peter Uzoho The Nigerian Asso...
– As NCAA lists 11 local airlines on no-pay-no-service over debts – Aero Contractors MD: Directive may jeopardize airline safety Chinedu Eze The Federal Airports ...
Nigeria, home to some of the lightest, most sought-after crude on the planet, is watching a critical moment pass by read more Nigeria pumps below potential as world scrambles for oil
Nigeria is currently underperforming in oil production despite global demand for its high-quality crude. This situation highlights the missed opportunities for the country in the international oil market.
The article critiques the Central Bank of Nigeria's approach to interest rates, suggesting that the focus should shift away from the CBN Governor. It emphasizes the need for broader economic reforms to achieve lower rates.
Federal Government Securities have outperformed corporate listings on the Nigerian Exchange Limited, totaling N6.95 trillion in new listings. This trend highlights the growing confidence in government bonds among investors.
President Tinubu is advocating for an African commodity exchange to enhance the African Continental Free Trade Area (AfCFTA). This initiative aims to unlock significant economic potential across the continent.
The Nigerian stock market saw a decline of N366 billion week-on-week due to profit-taking activities by investors. This downturn was notably influenced by BUA Cement Plc's performance.
Oluchi Chibuzor Griffin Capital Group Limited has announced its official market entry as a fully integrated financial services group that is positioned to strengthen capital formation across Nigeria and Africa
Emma Okonji FrieslandCampina WAMCO Nigeria Plc, has reported a strong financial recovery with significant growth across key performance indicators in its financial year ended 31 December 2025. The company
The reduction in Nigeria’s debt deserves cautious interpretation, contends FELIX OLADEJI The recent report that Nigeria’s debt to the International Development Association (IDA) has declined to $18.5 billion has
A group warns that limiting the Niger Delta cleanup to Ogoniland will leave other oil-bearing communities in ecological ruin. Urgent expansion is advocated
Nigerian airlines face disruptions as NCAA enforces “No-Pay-No-Service” sanctions over unpaid statutory charges. Learn how this impacts air travel and the
Massive gridlock hit the Lagos-Ibadan Expressway due to the Sallah rush at Kara Market. Motorists were stranded for hours amidst the festive congestion.
By Emmanuel Elebeke Enegix Construction JV PMCC Ltd has petitioned the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, over a dispute surrounding its Rural Access and Agricultural Marketing Project...
Delve into the Union Bank case beyond public debate. Understand the CBN’s intervention, the debt-funded acquisition, and the ongoing legal appeals.
Nigerian marketers raise alarm as cooking gas price soars to N1,500/kg, warning of impending scarcity and increased hardship for millions.