Business News

The Naira yesterday declined to N1,670 per dollar in the parallel market from N1,660 per dollar on Tuesday. Similarly, the Naira dropped to N1,550 per dollar in the official foreign...

Queues at filling stations have returned in major cities like Lagos, Abuja, and Port Harcourt as a result of recent rises in fuel prices throughout Nigeria. Many stations have closed as...

Dangote Refinery has raised the price of Premium Motor Spirit (PMS), also known as petrol, blaming higher global crude oil costs. In a statement issued Friday, the refinery revealed that...

The Dangote Petroleum Refinery in Lekki, Nigeria, is working harder to buy more crude oil to meet its output goals. By June 2025, the refinery, currently producing 500,000 barrels per...

The Organisation of Petroleum Exporting Countries, or OPEC, has stated that the Dangote Refinery is hurting European markets since Nigerian imports of petroleum products have plummeted. OPEC reported on Wednesday...

President Bola Tinubu has reaffirmed Nigeria's commitment to implementing climate-smart farming methods that improve food security and reduce environmental damage. Tinubu stressed Nigeria's duty to spearhead a fair energy transition...

The Naira fell to N1,660 per dollar in the parallel market Tuesday, down from N1,655 on Monday. However, on the official foreign currency market, the Naira rose to N1,549 per...

The value of eNaira, the Central Bank of Nigeria's digital currency, increased by 78.8 percent year on year (YoY) to N18.32 billion in the first ten months of 2024 (Q3'24),...

The Naira rose to N1,655 per dollar in the parallel market Tuesday, up from N1,665 last weekend. However, the Naira fell to N1,550 per dollar on the official foreign currency...

Jumia Nigeria has released the top 2025 e-commerce trends that businesses and consumers should be aware of. According to the firm in a statement, e-commerce is rapidly expanding, with Forbes...