Saudi Arabia has shut its East-West oil pipeline after a drone attack, raising fresh concerns about global crude supplies and energy prices.
Saudi Oil Pipeline Shutdown Raises Global Supply Risk Read Post »
Dangote Refinery has raised its petrol gantry price from ₦1,265 to ₦1,350 per litre, adding fresh pressure to Nigeria’s fuel and transport costs.
Dangote Refinery Raises Petrol Price to ₦1,350 Per Litre Read Post »
The IEA expects global oil supply to fall by 5.7m bpd in 2026 as Middle East disruptions continue to affect production and exports.
IEA Warns of 5.7m bpd Oil Supply Drop as Middle East Disruptions Deepen Read Post »
Brent crude has climbed above $100 a barrel as Middle East conflict threatens global oil supplies, creating opportunities and risks for Nigeria.
Brent Crude Tops $100 as Middle East Conflict Deepens Supply Fears Read Post »
Brent crude rose above $90 after renewed US-Iran tensions, creating potential gains and risks for Nigeria’s oil revenue, fuel costs and inflation.
Oil Climbs Above $90 as Middle East Tensions Raise Pressure on Nigeria Read Post »
The Nigerian Exchange rebounded on Friday after a prolonged sell-off, with market capitalisation rising by ₦1.38 trillion in a single trading session.
NGX rebounds after 11-session slide, adds ₦1.38tn in a day Read Post »
Gulf states are accelerating investment in pipelines, ports and alternative trade routes as disruption around the Strait of Hormuz exposes their dependence on the strategic waterway.
Gulf states speed up infrastructure plans as Hormuz risks reshape trade Read Post »
Moody’s has revised Nigeria’s sovereign outlook to positive from stable while affirming its B3 rating, citing stronger external buffers and economic growth.
Moody’s revises Nigeria’s outlook to positive, retains B3 rating Read Post »
Nigeria is targeting more than $12 billion in investment as it seeks to capture a larger share of the global halal economy and expand exports.
Nigeria targets $12bn investment in global halal economy Read Post »
FTSE Russell has confirmed that Nigeria will return to Frontier Market status on September 21, restoring the country to a key global investment classification.
Nigeria to return to FTSE Frontier Market status on September 21 Read Post »
