Economy

Dollar charges, import cost driving locally refined petrol prices up: oil refiners

Crude oil refiners and other players in the downstream sector have stated that the dollar charges on locally refined Premium Motor Spirit, popularly called...

2025: Edo governor Okpebholo presents ₦605 billion to the State House of Assembly

Edo State Governor, Senator Monday Okpebholo, on Tuesday, presented a budget estimate of ₦605 billion for the 2025 fiscal year. The Governor, while presenting the...

Okomu Oil’s income soars by “7,185”

Okomu oil, a Nigerian oil palm-producing company, saw its finance income soar by "7.185", driven by exchange gain in an economy where business losses...

Equity market suffers loss of ₦62 billion

The equity market began the week on a bearish note, reversing prior session gains with a loss of ₦62 billion. The decline was primarily driven...

Nigeria, Saudi Arabia begin talks on iron ore extraction, steel production

Nigeria and Saudi Arabia have initiated talks on the extraction and processing of iron ore into steel. A statement signed by the special adviser to...

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