Oil shock: W’Bank predicts 3.1-point inflation rise for Nigeria
Wednesday, April 8, 2026

3:49 PM

  BUSINESS

The World Bank has warned that the ongoing surge in global oil prices could directly add around 3.1 percentage points t .... read more

Energy cost spike drives cement to N12,000/bag
Tuesday, April 7, 2026

11:39 AM

  BUSINESS

Energy costs have driven cement prices to about N12,000 per bag, according to private sector operators who are concerne .... read more

Refiners, NLC seek crude, lower prices amid 1.8mbpd output
Monday, April 6, 2026

10:08 AM

  BUSINESS

Local refiners and organised labour have renewed calls for increased crude supply and lower fuel prices following confi .... read more

Dollar To Naira Exchange Rate Today
Monday, April 6, 2026

9:29 AM

  BUSINESS

The Naira opened the session on Monday at the Nigerian Foreign Exchange Market (NFEM), with marginal fluctuations, as r .... read more

Sterling Bank marks one year of zero transfer fees, returns N1.6bn
Wednesday, April 1, 2026

1:54 PM

  BUSINESS

Sterling Bank is celebrating the first anniversary of its Zero Transfer Fees policy, which has returned over N1.6 billi .... read more

Naira-for-crude policy shielding Nigeria from M’East fuel crisis —Presidency
Wednesday, April 1, 2026

1:35 PM

  BUSINESS

President Bola Tinubu’s naira-for-crude initiative has shielded Nigeria from the severe fuel scarcity afflicting major .... read more

Oil prices rise, stocks mixed on Iran war uncertainty
Tuesday, March 31, 2026

1:03 PM

  BUSINESS

Oil prices rose and stock markets diverged on Tuesday as uncertainty over the direction of the Middle East war dominate .... read more

US cuts Nigerian crude imports by nearly 50%
Monday, March 30, 2026

10:15 AM

  BUSINESS

The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47 .... read more

CBN okays 100% forex repatriation for oil companies
Thursday, March 26, 2026

11:45 AM

  BUSINESS

The Central Bank of Nigeria has approved the full repatriation of export proceeds by International Oil Companies, allow .... read more

Dangote-NNPC deal hits turbulence over crude shortfall
Wednesday, March 25, 2026

3:35 PM

  BUSINESS

The ambitious deal between the Dangote Petroleum Refinery and Nigerian National Petroleum Company Limited is facing cha .... read more

South Africa, others seek fuel deal with Dangote refinery amid global crisis
Friday, March 20, 2026

6:10 PM

  BUSINESS

Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel suppli .... read more

Naira holds steady at N1,400/$ in parallel market
Tuesday, March 17, 2026

1:35 PM

  BUSINESS

The Nigerian naira began the trading week with a display of relative stability, maintaining a flat position in the para .... read more

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