Economy

Ogun plans N350m world’s tallest drum to boost tourism

  The founder and promoter of Egbaliganza, a cultural movement committed to transforming the…

Oil prices climb as fresh strikes target infrastructure in Gulf

  Oil prices rose again on Tuesday as Iran launched fresh attacks on crude-producing…

FG launches credit payment scheme for domestic flights

  The Federal Government has introduced a new consumer credit product, "Fly Now, Pay…

Nigerian artists earn over ₦60bn on Spotify in 2025 amid global surge

Nigerian musicians generated more than ₦60 billion in revenue from Spotify streams in 2025,…

South Korea’s currency hits 17-year low as oil prices surge

South Korea’s currency weakened sharply on Monday, falling to its lowest level in 17…

China’s economy shows early strength as factory, retail sales rebound

China’s economy opened the year with stronger momentum as factory production accelerated and both…

Aviation fuel price jumps 80% to N1,800 per litre

  Domestic airlines operating in Nigeria are facing mounting financial pressure following a sharp…

Power supply may worsen, national grid warns

Nigeria’s electricity generation may experience a further decline as gas suppliers are weighing the…

Iran threatens to block Strait of Hormuz, predicts $200 oil

  Iran has threatened to block all oil shipments through the Strait of Hormuz…

ADC demands cap on petrol prices amid Middle East crisis

    The African Democratic Congress has called on the federal government to introduce…

No new petrol import licences as local production rises, says NMDPRA

  The Nigerian Midstream and Downstream Petroleum Regulatory Authority has suspended the issuance of…

Brent crude hits $92 as Dangote announces N100 price cut

    Global oil prices took a dramatic turn on Wednesday, jumping by five…

N1,500 per litre is better than fuel scarcity, Marketers hail Dangote

  Oil marketers have advised Nigerians to brace up for a continued rise in…

Egypt raises fuel prices by 30% amid Middle East war disruptions

  Egypt raised domestic fuel prices by up to 30 per cent on Tuesday,…

Petrol hits N1,300 per litre as businesses brace for higher costs

  As petrol prices jumped to about N1,300 per litre in various parts of…