Growing tensions in the Middle East, driven by ongoing military actions involving the United States and Israel against Iran, have triggered fresh volatility in global energy...
The Q4 2025 growth rate represents an improvement from the 3.76 percent recorded in the same period of 2024, indicating stronger economic performance.
The Nigerian National Petroleum Company Limited has thrown its weight behind a Mini-LNG and LCNG project being developed by Portland Gas Limited in Gwagwalada, Abuja. NNPCL...
In a major development for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals has announced plans to supply between 60 and 65 million litres of...
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s benchmark interest rate to 26.5 per cent. This is the second time...
The President of the Dangote Group, Aliko Dangote, has predicted that the naira will record a major recovery this year, saying it could appreciate to N1,100...
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., a leading Chinese manufacturer, to fast-track the expansion of the...
Nigeria’s foreign exchange market continued to display volatility mid-week as liquidity pressures influenced both the official and parallel segments of the foreign exchange landscape. As of...
Nigeria’s inflation rate dropped slightly to 15.10 per cent in January 2026, down from 15.15 per cent recorded in December 2025. This was disclosed in the...
The naira recorded a slight depreciation against the United States dollar at the Nigerian Foreign Exchange Market on Thursday, February 12, 2026, as pressure on the...