Business
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World Bank Removes Nigeria Report After Fuel Import Advice Sparks Policy Debate
Institution says recommendation for continued petrol imports may conflict with global energy security realities amid shifting market conditions….. The World…
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Nigerian Stock Market Hits Record High as All-Share Index Climbs to 203,770
Bullish sentiment persists despite lower trading volumes, with International Breweries and tier-one banks driving market activity…. Nigeria’s equities market closed…
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Power Shortages, Insecurity Top Business Worries Despite Rising Confidence — CBN Survey
Firms remain optimistic about growth, but structural challenges continue to squeeze operations across Nigeria….. Businesses across Nigeria are grappling with…
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FG Moves to End Blackouts, Launches Gas-to-Power Committee to Tackle Supply Crisis
Adelabu vows decisive action as gas shortages cripple electricity generation nationwide…. In a renewed push to stabilise Nigeria’s fragile power…
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NERC Orders TCN to Cut Grid Losses to 6.5% by End of 2026
New directive targets inefficiencies costing billions monthly, mandates smart metering and stricter reporting across power network…. Nigerian Electricity Regulatory Commission…
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NNPC Signals $34bn Investment Surge as Nigeria Pushes for 3 Million Barrels Daily Output
Ojulari highlights AI adoption, policy reforms, and investor confidence as key drivers of upstream sector revival…… Nigerian National Petroleum Company…
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IMF Warns of Slower Global Growth as Middle East War Leaves Lasting Economic Scars
Georgieva signals downgrade in outlook, with billions in emergency aid needed as energy shocks and food insecurity deepen…. The International…
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U.S. Inflation Jumps to 3.3% as Fuel Prices Spike Amid Middle East Conflict
Surging gasoline costs rattle households and heap pressure on Trump ahead of midterm elections… Inflation in the United States accelerated…
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Fuel Price Pain: Tinubu Admits Hardship, Urges Nigerians to Stay Hopeful Amid Economic Strain
President points to global pressures and African comparisons as petrol tops ₦1,200, promises relief measures are underway…. President Bola Tinubu…
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Brazil’s Inflation Ticks Up as Fuel Prices Surge Amid Global Energy Crisis
Rising gasoline and diesel costs push inflation higher, as Middle East tensions ripple through Latin America’s largest economy……. Brazil’s inflation…
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