World Bank Warns Global Commodity Prices to Jump 23% in 2026
ABUJA, Nigeria – Global commodity prices are projected to rise by 23 per cent in 2026 as conflict in the Middle East, disrupted grain…
Topic
crude oil
Nigeria Lacks Enough Crude to Supply Dangote Refinery – FG Says
LAGOS, Nigeria – Nigeria currently lacks sufficient uncommitted crude oil to meet the full supply requirements of the Dangote Refinery and other domestic refineries,…
Dangote Refinery Pushes Nigeria Petrol Supply Higher in August
ABUJA, Nigeria – Nigeria’s petrol supply rose 11 per cent in August to 50.5 million litres per day as domestic production jumped 39 per…
NLC Demands Wage Relief as Petrol Prices Bite
ABUJA, Nigeria – The Nigeria Labour Congress (NLC) is demanding urgent measures from the Federal Government to cushion workers and households against rising petrol…
Oil Prices Jump After US Strikes Iran
LONDON – Oil prices climb to their highest level in two weeks after fresh United States military strikes on Iran reignite tensions in the…
Petrol Prices Must Fall – FG Tells Marketers
ABUJA, Nigeria – The petrol prices should fall as global crude oil prices decline, the Federal Government says, urging petroleum marketers to pass lower…
Oil Prices Rise Despite Fresh US-Iran Nuclear Negotiations Progress
ABUJA, Nigeria – Global oil prices climb above $111 per barrel despite renewed optimism surrounding nuclear negotiations between the United States and Iran. Data…
Oil Prices Jump, Stocks Slide as Iran Ceasefire Tensions Rise
ABUJA, Nigeria – Global markets turn volatile as oil prices climb and equities retreat amid fears that a fragile ceasefire between the United States…
Nigeria’s Export Earnings Hit ₦22.8tn in Q3
Lagos, Nigeria – Nigeria’s export earnings rose to ₦22.8 trillion in Q3 2025, driven by a sharp rebound in raw material shipments, the National…