Business & Economy

Oil prices rose more than 1% on Tuesday, as renewed Iranian attacks on the United Arab Emirates heightened concerns about the worsening ​outlook for global supply if there is no...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has completed the pre-qualification stage of the 2025 oil Licensing Round and notified successful pre-qualified applicants accordingly. A statement by Eniola...

Sophia Horsfall (middle), GM, External Relations & Sustainable Development, Yemi Adeyemi (6th left), Manager, Community Relations & Sustainable Development, with beneficiaries at the NLNG VIBES Graduation/Induction Ceremony in Port Harcourt...

MTN logo Africa's biggest telecoms ‌operator MTN Group (MTNJ.J), said on Monday it swung to an annual profit before ​tax of 47.4 billion rand ($2.81 ​billion), driven by strong performances...

  Anele Nova Bank MD/CEO NOVA Bank Limited has announced the appointment of Jude Anele as its Managing Director and Chief Executive Officer, following the approval of the Central Bank...

...To Partner with P-CNGI to Expand Gas Stations Nationwide The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says proceeds from the current gains in the oil sector, could...

Bayo Ojulari Until you summon the courage to lose sight of the shore, you can never cross the ocean. That was one of the nuggets of leadership from Christopher Columbus,...

African officials have warned that the sharp rise in oil prices due to the conflict in ​Iran will challenge monetary policymaking and could hit productivity in key sectors like mining,...

The Indian-flagged oil tanker, Jag Prakash, which is carrying gasoline from Oman ​to Africa, has set sail from east ‌of the Strait of Hormuz, an Indian government official said on...

Mr. Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms in Nigeria’s foreign exchange (FX) market have significantly improved liquidity, restored investor confidence and stabilised the Naira. Cardoso said...