Category: featured

US-Israel-Iran war pushes oil prices to $117/barrel

Israel and Iran exchanged fresh missile strikes on Monday, driving oil prices sharply higher and...

Trump threatens to seize Iran’s oil fields amid tensions

United States President Donald Trump has said the US could move to seize Iran’s oil...

Naira strengthens to ₦1,382/$ as liquidity boosts market

The Nigerian Naira displayed a firm stance against the United States Dollar during the early...

Oil prices rise as brent crude eyes record monthly gain

Oil prices climbed further on Monday, with Brent crude set for its biggest monthly gain...

US cuts Nigerian crude imports by nearly half

The United States significantly cut its imports of Nigerian crude oil in January 2026, with...

Banking sector attracts record $13.53bn foreign capital inflows

Foreign capital inflows into Nigeria’s banking sector rose to $13.53 billion in 2025, representing a...

Middle East crisis threatens Nigeria’s manufacturing sector, MAN warns

The Manufacturers Association of Nigeria has expressed concern over the potential impact of the escalating...

Bank of America to settle Epstein sex trafficking suit for $72.5m

Bank of America has agreed to pay $72.5 million to settle a class action lawsuit...

Nigeria missing as Namibia tops Africa’s 2026 quality of life ranking

In the 2026 Numbeo Quality of Life Index, Namibia has emerged as the top-ranked African...

Dangote Refinery denies announcing stock market listing plans

Dangote Petroleum Refinery and Petrochemicals has clarified that it has not announced any Initial Public...

FG, GenCos clash over ₦6tn power debt reconciliation

The Federal Government and power generation companies have disagreed over the reconciliation of debts in...

32 banks meet revised capital requirements, CBN confirms

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that 32 Nigerian banks...