Markets

KEY POINTS Oil prices fell modestly on Wednesday morning after the American Petroleum Institute (API) reported a significant increase in U.S. crude inventories. Brent crude futures dropped $1.15, or 1.11%, …

KEY POINTS Nigeria imported petrol valued at N84.69 billion from Togo in the fourth quarter of 2025, according to newly released foreign trade statistics by the National Bureau of Statistics …

KEY POINTS Oil prices extended their upward trajectory on Monday, as the ongoing conflict involving the United States, Israel, and Iran entered its third week, intensifying concerns over global supply …

KEY POINTS The Socio-Economic Rights and Accountability Project, SERAP, has urged President Bola Ahmed Tinubu to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), …

KEY POINTS Britain’s two largest energy companies, Shell and BP, are poised to benefit from the ongoing geopolitical tensions surrounding the Strait of Hormuz, potentially capturing a combined £5 billion …

KEY POINTS The Centre for the Promotion of Private Enterprise, CPPE, has raised concerns that the recent surge in energy prices could endanger the survival of small and medium-scale enterprises …

KEY POINTS The Nigeria Labour Congress, NLC, has called on the Federal Government to urgently intervene following the sharp increase in petrol prices, which have climbed to between N1,230 and …

KEY POINTS The Dangote Refinery has increased its ex-gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per litre, marking a N100 rise from its previous …

KEY POINTS The ongoing war in Iran pushed Brent crude oil prices above $100 per barrel, rising 9.2% to settle at $100.46. Stock markets worldwide suffered sharp losses, with the …

KEY POINTS Global oil prices climbed sharply on Thursday after Iran intensified attacks on oil and transportation facilities across the Middle East, raising fears of a prolonged regional conflict and …