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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…
Dangote, Adenuga, Otedola, Rabiu make 2026 Forbes Africa billionaires list
Four Nigerian businessmen, Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu, have…
Dangote refinery hikes petrol price to N1,175 per litre
The cost of goods and services across Nigeria is expected to rise further…
Dangote Refinery pledges stable supply amid global oil shocks
Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply…
French automakers partner with Nigerian firms to revive vehicle production
French car manufacturers are joining forces with leading Nigerian companies to produce vehicles as…