Business

Condom prices may rise amid Iran supply disruptions

  • 22nd April 2026

Flutterwave denies reports of $75m FG investment

  • 21st April 2026

Tinubu sacks finance, housing ministers in FEC reshuffle

  • 21st April 2026

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

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Tinubu blames privatization for current power sector crisis

Electricity featured

Nigeria isn’t poor, huge money moves below radar –

Finance

Access Holdings disowns unauthorised 2025 financial highlight release

Banking

South Africa’s inflation rises to 3.1% as cost pressures

Economy

Blog

Oil and Gas

Brent crude hits $114.13 amid escalating Middle East tensions

The price of Brent crude futures rose to $114.13 per barrel on Thursday after strikes on key energy infrastructure in the Middle East heightened concerns over a potential global supply squeeze. Qatar said on Wednesday that Iranian missile strikes had damaged a major liquefied natural gas export facility. The attack followed Tehran’s warning that it […]

Business

EFCC returns N3.9bn recovered fraud proceeds to NNPCL

The Economic and Financial Crimes Commission on Wednesday handed over N3.9 billion in recovered proceeds of fraud to the Nigerian National Petroleum Company Limited. In a statement, the anti-graft agency said the funds were officially presented on behalf of EFCC Chairman Ola Olukoyede by the Commission’s Secretary, Mohammed Hammajoda, during a ceremony at its headquarters […]

Russian foreign minister criticizes Telegram founder's mgt style
Life Style

Telegram founder Pavel Durov offers sperm to tackle global infertility crisis

The founder of the messaging platform Telegram, Pavel Durov, has ignited global debate after revealing that he has fathered more than 100 biological children through sperm donation and is now considering expanding the initiative to help tackle infertility worldwide. Durov made the disclosure in a recent statement according to Wall Street Journal, recounting how his […]

Business

NNPC boosts crude supply to Dangote refinery as brent hits $108

The Nigerian National Petroleum Company Limited has stepped up efforts to maintain a steady supply of crude oil to the Dangote Petroleum Refinery, aiming to stabilise fuel availability nationwide, particularly as Brent crude rises to $108 per barrel. The move comes amid increased volatility in the global oil market driven by Middle East tensions and […]

Business

Why petrol prices rise faster than they fall – MEMAN

The Major Energy Marketers Association of Nigeria has explained why petrol prices in the country tend to rise quickly but fall more slowly, citing cost recovery pressures, existing stock positions and market volatility. Speaking at a MEMAN webinar on Tuesday, the association’s Chairman, Hubb Stokman, said the trend is not unique to Nigeria but reflects […]

Economy

Nigeria’s balance of payment surplus drops 38% to $4.23bn

Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments surplus plummeted by 38.1 per cent to $4.23 billion, down from the $6.83 billion recorded in 2024. Provisional data from the Central Bank of Nigeria reveals a complex economic landscape where a sharp decline in crude oil earnings and a […]

Food

Nigeria, UK sign $500m diary project deal to boost food security

The Nigeria Sovereign Investment Authority has signed a Memorandum of Understanding with United Kingdom-based Asset Green Ltd to advance the development of a large-scale integrated dairy livestock production and processing platform to transform Nigeria’s dairy industry and strengthen national food security. Once operational, the platform is expected to generate over US$620 million annually and create […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira holds steady at ₦1,357/$ amid oil price surge

The Naira maintained a steady performance against the United States Dollar on Thursday, March 19, 2026, as the foreign exchange market continues to reflect the impact of surging global oil prices and a significant buildup in the nation’s external reserves. In the Nigerian Foreign Exchange Market, the Naira showed resilience during the early morning trading […]

featured Oil and Gas

US-Israel-Iran war leaves Africa with weeks of fuel reserves — Report

The escalating conflict in the Middle East, particularly the war involving Iran, has severely disrupted global energy shipments through the Strait of Hormuz, placing Africa’s fuel supply chain under intense pressure. Many African countries are now operating with only weeks of refined petroleum products in reserve as traditional import routes face major constraints. The International […]

Meta scraps fact-checking program, introduces X-like community notes feature
Tech

Meta eyes TikTok, YouTube creators with paid Facebook push

Meta on Wednesday unveiled a new initiative to attract top creators from TikTok and YouTube to Facebook, offering guaranteed earnings and enhanced visibility. The Creator Fast Track programme provides creators with established audiences monthly payments and expanded reach on Facebook, according to CNBC. Those with at least 100,000 followers on Instagram, TikTok, or YouTube can […]

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