Oil Surges Above $102 as Trump Orders Strait of Hormuz Blockade, Markets Tumble
Global financial markets fell sharply on Monday after US President Donald Trump ordered a blockade of the Strait of Hormuz,...
Oil Tops $100 as Iran Tensions Flare and Markets React to Collapsed US–Iran Talks
Global financial markets opened the week under pressure as oil futures surged back above $100 a barrel following the collapse...
IMF to Downgrade Global Growth Forecast as US–Iran Tensions Disrupt World Economy
The International Monetary Fund (IMF) has announced plans to downgrade its global growth projections, citing escalating tensions between the United...
Nigeria’s Economy in Shock Amid Middle East Crisis, Says Finance Minister Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that the country’s economy is currently...
SEC Orders Immediate Asset Freeze on 13 Terrorism-Linked Entities in Nigeria Capital Market Crackdown
Nigeria’s Securities and Exchange Commission (SEC) has ordered the immediate freezing of assets belonging to 13 newly designated terrorism-linked entities...
NERC Introduces Mini-Grid Regulations 2026 to Boost Power Access
The Nigerian Electricity Regulatory Commission (NERC) has introduced the Mini-Grid Regulations 2026, a new framework designed to guide the development,...
Providus Bank Launches Training to Transaction Programme to Boost SME Exports
Providus Bank has announced the launch of the Training to Transaction (T2T) Programme, a flagship initiative designed to accelerate African...
World Bank Flags Weaknesses in Nigeria’s Public Finance System
The World Bank has raised fresh concerns about weaknesses in Nigeria’s public finance management system, warning that persistent gaps in...
FG Tasks Dangote Sugar to Hit 600,000MT Annual Production by 2030
The Federal Government has directed Dangote Sugar Refinery to expand its annual production capacity to 600,000 metric tonnes by 2030...
CIG Motors, Stanbic IBTC Launch Vehicle Financing Scheme to Boost New Car Ownership
CIG Motors has partnered with Stanbic IBTC Bank to launch a vehicle financing initiative designed to make brand-new cars more...
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