Business
Brent Climbs Above $83 as Hormuz Reopening Faces Fresh Uncertainty
August 7, 2026
Brent Climbs Above $83 as Hormuz Reopening Faces Fresh Uncertainty
Crude oil prices extended gains on Friday with Brent climbing above $83 per barrel as fresh uncertainty surrounding plans to…
Dangote Refinery Eyes $5 Billion Listing After $40 Billion Private Valuation
August 5, 2026
Dangote Refinery Eyes $5 Billion Listing After $40 Billion Private Valuation
Dangote Refinery is preparing to raise about $5 billion through an initial public offering (IPO), a transaction that could become…
VFD Group Doubles H1 Profit to N10.06 Billion, Declares 24 Kobo Interim Dividend
August 5, 2026
VFD Group Doubles H1 Profit to N10.06 Billion, Declares 24 Kobo Interim Dividend
VFD Group Plc reported a sharp improvement in profitability in the first half of 2026 with profit after tax rising…
Crude Oil Slides Below $80 as Hormuz Reopening Hopes Ease Supply Fears
August 5, 2026
Crude Oil Slides Below $80 as Hormuz Reopening Hopes Ease Supply Fears
Crude oil prices extended their decline on Wednesday as growing expectations of diplomatic progress between the United States and Iran…
Gold Surges to One-Month High Above $4,175 as Dollar, Oil Prices Weaken
August 5, 2026
Gold Surges to One-Month High Above $4,175 as Dollar, Oil Prices Weaken
Gold prices extended their rally on Wednesday as a weaker U.S. dollar, falling crude oil prices and declining bond yields…
NGX Reverses Monday’s Gain as Investors Lose N599 Billion
August 5, 2026
NGX Reverses Monday’s Gain as Investors Lose N599 Billion
The Nigerian Exchange (NGX) reversed its positive start to August on Tuesday as renewed selling pressure dragged the All-Share Index…
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, August 5, 2026
August 5, 2026
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, August 5, 2026
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, moved higher on Wednesday,…
NGX Opens August Higher as Market Capitalisation Gains N289 Billion
August 4, 2026
NGX Opens August Higher as Market Capitalisation Gains N289 Billion
The Nigerian Exchange (NGX) opened August on a positive note as renewed buying interest lifted the All-Share Index by 0.18…
Black Market Dollar to Naira Exchange Rate for Today, Tuesday, August 4, 2026
August 4, 2026
Black Market Dollar to Naira Exchange Rate for Today, Tuesday, August 4, 2026
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, stood at ₦1,400 on…
NNPC Seeks Buyers for September Cawthorne and Bonny Light Shipments
August 4, 2026
NNPC Seeks Buyers for September Cawthorne and Bonny Light Shipments
The Nigerian National Petroleum Company Limited (NNPC) has returned to the international crude market with offers for cargoes of Cawthorne…