Business News
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546Oil Surges on US Blockade of Iran
Oil futures jumped back over $100 at the open in Asia on Monday, the dollar fell and stocks were down as U.S.-Iran...
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530NEITI Recovers $9b for Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI) has recovered $9 billion from unpaid liabilities owed by oil, gas, and mining companies in...
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428Oil Jumps, Stocks Drop on Trump’s Hormuz Threat
Oil surged while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of Hormuz, heightening tensions with...
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478Stocks’ Relief Rally Stalls as Crude Oil Rebounds
Stocks declined and oil rose as optimism over the US-Iran ceasefire faded after Tehran said several terms of the agreement had been...
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486Nigeria, Indonesia Deepen Economic Ties
Nigeria and Indonesia have taken a significant step towards strengthening bilateral relations, as the Ambassador of the Republic of Indonesia to Nigeria,...
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473Oil Slides Below $100 After Trump Announces Two-Week Ceasefire
Oil fell below $100 per barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with...
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220Electricity Tariff Hike Imminent as Gencos Step Up Pressure
Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s recent increase...
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207
Oil Prices Climb as Hormuz Stays Shut Ahead of Trump Deadline
Oil prices extended gains on Tuesday as a U.S.-imposed deadline loomed for Iran to open the Strait of Hormuz or be “taken...
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268Nigeria, China Bilateral Trade Volume Surpasses $28b
The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference,...
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252Middle East War Will Trigger Stagflation, IMF Warns
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East would push up prices and weaken economic...
