The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
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crude oil prices
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Filling stations across Lagos, Ogun and other parts of Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly called petrol, to ₦900 per litre and above, despite …
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BusinessDangote IndustriesEconomyEnergyMarketsNigeriaOil & Gas
Petrol Prices Drop Below N900 Across South-West
Fuel prices at filling stations across Lagos and Ogun States have started falling below the N900 per litre mark following a N40 reduction in ex-depot prices by Dangote Petroleum Refinery. …
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AfricaBusinessBusiness InsightsEconomyEnergyFinance & ServicesGOVERNMENTMarketsNigeriaOil & Gas
Oil Companies Record Sharp Profit Drop as Global Prices Fall, Nigeria’s Economy Feels the Heat
Major oil companies around the world have recorded sharp drops in profit in the first quarter of 2025, as the fall in global oil prices and rising production costs continue …