Business

Gold Rebounds as Dollar Weakens, Rate Pressure Eases

Gold Rebounds as Dollar Weakens, Rate Pressure Eases

Gold prices rebounded on Wednesday as a softer U.S. dollar and easing concerns over aggressive interest rate hikes improved investor…
Nigerian Stock Market Signals Bullish Reversal as ASI Recovers Above 200,000 After Sell-Off

Nigerian Stock Market Signals Bullish Reversal as ASI Recovers Above 200,000 After Sell-Off

The Nigerian Exchange Limited (NGX) showed early signs of a bullish reversal between March 23 and March 24, 2026 as…
Nigeria Gains Strategic Edge in Global Energy Supply Chain as Refinery Capacity Expands

Nigeria Gains Strategic Edge in Global Energy Supply Chain as Refinery Capacity Expands

Nigeria is strengthening its position in the global energy market as increased refining capacity begins to reshape regional supply dynamics…
Petrol Prices Surge 50% as Nigeria Slashes Fuel Imports to 90,000 bpd

Petrol Prices Surge 50% as Nigeria Slashes Fuel Imports to 90,000 bpd

Petrol prices in Nigeria have surged by over 50 percent as the country sharply reduces its dependence on imported fuel.…
Nigerian Stock Market Declines 1.07% as Sell-Off in Banking Stocks Drags ASI Below 200,000

Nigerian Stock Market Declines 1.07% as Sell-Off in Banking Stocks Drags ASI Below 200,000

The Nigerian Exchange Limited (NGX) extended its bearish trend on Monday as sustained selling pressure, particularly in banking stocks, pushed…
Black Market Dollar to Naira Exchange Rate Today, Tuesday, March 24th 2026

Black Market Dollar to Naira Exchange Rate Today, Tuesday, March 24th 2026

The Dollar to Naira black market exchange rate recorded a moderate increase on Tuesday, March 24th 2026, as sustained demand…
Tony Elumelu Unveils 12th TEF Cohort as Programme Scales Across Africa

Tony Elumelu Unveils 12th TEF Cohort as Programme Scales Across Africa

Chairman of Heirs Holdings, Tony O. Elumelu, has announced the 12th cohort of the Tony Elumelu Foundation (TEF) Entrepreneurship Programme.…
Dangote Refinery Ships 12 Cargoes as Regional Fuel Demand Rises

Dangote Refinery Ships 12 Cargoes as Regional Fuel Demand Rises

Dangote Refinery has increased its supply of refined petroleum products to neighbouring West African countries as the company shipped 12…
NLC Urges Federal Government to Merge Power and Petroleum Ministries

NLC Urges Federal Government to Merge Power and Petroleum Ministries

The Nigeria Labour Congress (NLC) has called on the Federal Government to consolidate the Ministries of Power and Petroleum Resources…
Gold Falls Sharply as Rising Oil Prices and Rate Hike Bets Pressure Market

Gold Falls Sharply as Rising Oil Prices and Rate Hike Bets Pressure Market

Gold prices declined on Monday as surging oil prices, a stronger U.S. dollar, and shifting monetary policy expectations triggered a…
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