Business News
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3.2KOil Prices Fall on Demand Concerns but Head for Weekly Gain
Oil prices fell on Friday but are set for a weekly gain, caught between expectations of lower demand as the end of...
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2.1KUS Stock Futures Slip Before Inflation, Oil Falls
US stock-index futures slipped after the S&P 500’s record streak, with investors awaiting the Federal Reserve’s favored price gauge for signals on...
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2.2KNigeria Pitches Investment Opportunities to Brazilian Investors
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured international investors of the country’s readiness to leverage its...
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3.1KNigerians Spent ₦1.3tr on Petrol in June –NMDPRA
Amid rising energy costs, Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity generators in...
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3.3K
Oil Eases After Rising to 2-Week High on Russia-Ukraine Supply Concerns
Oil prices edged down on Tuesday, after surging nearly 2% in the previous session, as traders closely monitored developments in the Russia-Ukraine...
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3.2KDollar Drops, Gold Rises as Trump Says He’s Firing Fed’s Cook
Trump’s move to sack Lisa Cook stokes concerns over central bank’s independence. The dollar weakened and traditional safe-haven assets advanced after President...
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3.1KNNPC’s Four-Month Income Hits ₦20tr as Marketers Seek Refineries Revamp
The Nigerian National Petroleum Company Limited generated N20.9tn between April and July 2025. This came as petroleum marketers urged the national oil...
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2.3KNUPRC: Nigeria’s Crude Oil Production Rose 10% Y-o-Y to 1.71m Bpd in July
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Nigeria’s oil output recorded a significant growth in July 2025, averaging 1.71...
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2.9K13% Derivation Fund Eases Oil-Producing States’ Debt by ₦611b
Oil-producing states reduced their domestic debt burden by about N610.84bn between June 2023 and March 2025, as they received record inflows from...
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2.1KUS Swings to $576m Trade Surplus with Nigeria Amid Tariff Heat
The United States has posted a $576 million trade surplus with Nigeria in the first half of 2025, reversing a $779 million...
