Crude Falls to $105 as US-Iran Negotiations Advance   The price of Brent crude dropped to $105 per barrel on Wednesday amid ongoing peace talks aimed at de-escalating tensions in the Middle East. According to data from Oilprice.com, Brent fell by $6,...

World Bank Seeks $23bn Private Funding for Africa   The World Bank Group has unveiled an ambitious financial plan to mobilise about $23bn in private capital for Africa through a massive scaling up of its risk mitigation instruments over the next...

Nigeria's Non-Oil Export at Risk as Logistics Cost Rise   Nigeria’s non-oil export sector is facing mounting pressure from rising logistics and energy costs despite growing global demand and increasing export value, a new industry report has revealed. The report, unveiled on...

CBN Keeps Rates Unchanged Despite OPS Warnings on Manufacturing Slowdown   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday retained the benchmark interest rate at 26.5 per cent, citing rising external risks, renewed inflationary pressure,...

Oil Exports Lift Nigeria-UK Trade to £7.6bn   Nigeria’s crude oil exports played a significant role in raising total trade between Nigeria and the United Kingdom to £7.6bn in 2025, according to the new trade and investment figures released by the...

Fuel Crisis Pushes Domestic Airfares Toward N200,000   Following the sustained high cost of aviation fuel, Nigerian airlines have increased airfares to N200,000 and above for one-hour one-way flights. A cost analysis across the airlines’ websites showed an upward review in ticket...