Markets

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 …

KEY POINTS Concerns over potential monopoly in Nigeria’s fuel market are intensifying after the Dangote Petroleum Refinery emerged as the dominant supplier of petrol following the Federal Government’s suspension of …

KEY POINTS Iran has warned that global oil prices could surge to as high as $200 per barrel as tensions in the Middle East escalate and attacks on merchant vessels …