Bullion powered to a record high for a fourth straight session, hitting $3,148.88 per ounce. “On top of general risk aversion, investors are increasing allocation to...
Personnel of the Nigeria Security and Civil Defence Corps (NSCDC) have impounded a long-container truck loaded with 70,000 litres of stolen crude oil in Port Harcourt,...
African airlines recorded a 5.7% year-on-year decline in air cargo demand in February 2025, with capacity decreasing by 0.6% in the same period. Capacity, measured in...
OpenAI on Monday says it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever...
The Republic of Congo is expected to more than double its natural gas production by 2027, according to an outlook by commodity company S&P Global Commodity...
The 2023 governorship candidate of the Labour Party (LP) in Enugu State, Chijioke Edeoga, has returned to the People’s Democratic Party (PDP). Edeoga had met with...
President Bola Tinubu has approved an extension of Mrs. Kemi Nanna Nandap’s tenure as the Comptroller-General of the Nigeria Immigration Service (NIS) through December 31, 2026....
Filling stations in Lagos, Nigeria’s commercial capital city, have increased the price of a litre of petrol from ₦860 to ₦930, making consumers pay at least...
Oil revenue rose by 53.59 per cent to ₦2 trillion relative to the level in the third quarter of 2024, occasioned by higher receipts from oil...
The Federal Government on Monday announced the closure of the Independence Bridge (Marina bound) starting April 1 for essential maintenance and rehabilitation works. The Federal...
The Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024), with the electricity production index declining by 1.64% year-on-year (y-o-y). Data from the...
Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations....
Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international economic uncertainty and weak consumption at home. The...
Nigeria’s gas production will likely remain flat in the second quarter of this year, the Society of Energy Editors (SEE) has projected in its Second Quarter...
Wema Bank Plc’s audited financial statements for the year that ended on December 31, 2024, revealed that gross earnings jumped to N433.43 billion. The surge is...