Business

By Dipo Olowookere The bears took control of Customs Street on Tuesday after equity investors embarked on profit-taking, resulting in the market closing lower by 0.57 per cent. Sell-offs were witnessed in almost all the key sectors of the Nigerian Exchange (NGX) Limited

By Adedapo Adesanya Oil plunged by more than 11 per cent on Tuesday after the market held onto comments by US President Donald Trump about a quick end to the war with Iran that has disrupted global crude flows. Brent futures fell $11.16 or 11 per cent to $87.80 a barrel, and the

By Modupe Gbadeyanka A targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project has been approved by President Bola Tinubu. The approval followed months of intensive technical and

By Adedapo Adesanya Nigeria recorded a trade surplus of N5.17 trillion in the first quarter of 2025, according to the National Bureau of Statistics (NBS) in its latest Foreign Trade in Goods Statistics report. This affirmed that the country’s exports rose faster than imports

By Adedapo Adesanya President Bola Tinubu on Tuesday asked the Senate to screen and confirm Mr Taiwo Oyedele as the Minister of State for Finance, to replace Mrs Doris Uzoka-Anite. The President made the request through a letter read on the floor of the Senate by the Senate