Business

Oil climbs, stocks mixed amid faltering peace talks

Oil climbs, stocks mixed amid faltering peace talks

  Global oil prices edged higher on Monday while stock markets showed mixed performance, as hopes for a breakthrough in…
Dangote jet fuel exports jump 770%

Dangote jet fuel exports jump 770%

  Jet fuel exports from the Dangote Petroleum Refinery have increased by about 770 per cent over the past two…
60 nations push fossil fuel exit plan

60 nations push fossil fuel exit plan

About 60 countries have convened in Colombia for a landmark conference aimed at addressing one of the most contentious issues…
NNPC denies refinery scrap sale claims

NNPC denies refinery scrap sale claims

  NNPC denies refinery scrap sale claims The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports suggesting it…
NGX market adds N16.13tr as stocks defy global tensions

NGX market adds N16.13tr as stocks defy global tensions

The stock market segment of the Nigerian Exchange Limited (NGX) has continued to defy rising geopolitical tensions, recording a massive…
Dangote plans 650,000bpd East Africa Refinery

Dangote plans 650,000bpd East Africa Refinery

  Africa’s richest man, Aliko Dangote, has unveiled plans to establish a 650,000 barrels-per-day refinery in East Africa, replicating the…
Airfare hike looms over jet fuel crisis

Airfare hike looms over jet fuel crisis

Nigeria may witness a fresh surge in airfares as mounting pressure from rising aviation fuel costs pushes domestic airlines to…
CBN clears airline liabilities to boost Nigeria-UK ties

CBN clears airline liabilities to boost Nigeria-UK ties

President Bola Tinubu has disclosed that the Central Bank of Nigeria (CBN) is clearing outstanding obligations owed to foreign airlines,…
Tinubu moves To ease airline fuel burden

Tinubu moves To ease airline fuel burden

President Bola Tinubu has approved a series of relief measures for airline operators as rising Jet A1 fuel costs continue…
Stocks fall as oil prices surge on tensions

Stocks fall as oil prices surge on tensions

Asian markets retreated on Thursday while oil prices climbed sharply, as tensions between United States and Iran showed no signs…
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