Business

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…
Oil Prices Surge Above $110 as Middle East Conflict Disrupts Global Supply

Oil Prices Surge Above $110 as Middle East Conflict Disrupts Global Supply

Global oil prices climbed sharply on Monday as escalating tensions in the Middle East triggered one of the most significant…
Nigerian Stock Market Gains 1.39% in Holiday-Shortened Week as ASI Closes at 201,156.86

Nigerian Stock Market Gains 1.39% in Holiday-Shortened Week as ASI Closes at 201,156.86

The Nigerian Exchange Limited (NGX) closed the week ended March 18, 2026 on a positive note as the All-Share Index…
Rising Jet Fuel Costs Force Airlines to Reassess Operations

Rising Jet Fuel Costs Force Airlines to Reassess Operations

Airlines are adjusting their operational strategies as a sharp increase in jet fuel prices continues to exert pressure on costs,…
U.S. Dollar Strengthens as Investors Seek Safety Amid Middle East Tensions

U.S. Dollar Strengthens as Investors Seek Safety Amid Middle East Tensions

The U.S. dollar strengthened on Monday as escalating geopolitical tensions in the Middle East triggered a flight to safety, driving…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 23rd 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 23rd 2026

The Dollar to Naira black market exchange rate opened the new week on a relatively stable note on Monday, March…
Nigeria’s Oil Sector Struggles With Low Output, High Costs Despite Vast Reserves

Nigeria’s Oil Sector Struggles With Low Output, High Costs Despite Vast Reserves

Despite having one of Africa’s largest crude oil reserves, Nigeria’s production continues to lag behind global peers after decades of…
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