Business

811 Articles
Business

Oil prices fall to $90 per barrel after Trump warns over Strait of Hormuz

Global crude oil prices dropped sharply on Tuesday, with Brent crude falling by 8.45 per cent to $90 per barrel, while the United...

Business

Inflation fears rise as fuel prices climb, Dangote Refinery pledges steady supply

Concerns about rising inflation are growing following a sharp surge in global oil prices triggered by escalating tensions in the Middle East and...

Business

Airports Distribute 100,000 Access Cards After Tollgate Chaos

The Federal Airports Authority of Nigeria (FAAN) has rolled out over 100,000 access cards to drivers nationwide following major disruptions at airport tollgates....

Business

Farmers Turn to Dangote as Supply Chains Struggle During Iran‑US Crisis

The ongoing conflict involving the United States, Israel, and Iran has sent ripples through key commodity markets, boosting interest in Dangote Fertiliser’s products...

Business

Nigeria’s Businesses Warn of Rising Costs as Petrol Surges Above ₦1,300

Businesses across Nigeria are warning that the steep increase in petrol prices — with pump rates climbing above ₦1,300 per litre in many...

Business

Petrol price may climb to N1,400/litre as Dangote refinery loading uncertainty fuels market concerns

Petrol prices in Nigeria could rise to around N1,400 per litre this week as fuel marketers await a possible review of the ex-depot...

Business

NELFUND Expands Support, Helping Students Nationwide Access Higher Education

The Nigerian Education Loan Fund (NELFUND) has expanded its reach, providing financial support to more than 1.16 million students across Nigeria. The programme, which...

Business

Nigeria Seeks Overseas Oil Supplies to Stabilize Petrol Prices

Nigeria’s state‑owned oil company is moving to secure crude oil from foreign suppliers to feed Africa’s largest refinery, responding to shortfalls in local...