Economy

By John Ikani Nigerians are bracing themselves for heightened economic challenges as indications arise of an imminent increase in the price of petrol ranging from about N680 to N720. Oil marketers anticipate that the price of...

By John Ikani Nigeria's crude oil production has dropped to the lowest level in three months, according to data released by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) and the Organization of Petroleum Exporting Countries (OPEC)....

By John Ikani The Nigerian Naira reached an unprecedented low against the United States dollar in the unregulated market on Thursday, according to currency traders nationwide. In specific areas like Lagos' Ikeja zone, the dollar exchanged...

By John Ikani Air travel is gradually recovering post-pandemic, but inflation figures suggest an upcoming increase in average ticket prices (ATP) for flights in Africa, Europe, and the Middle East. A recent report by CWT, a...

By Enyichukwu Enemanna In response to the suspension of any new loans to Uganda after its legislation against same-sex relations which it claims contradicts values, the country's President Yoweri Museveni has accused the World Bank of...

By John Ikani Consumers of gas in Nigeria are in for tougher times as market insiders suggest a forthcoming increase in prices, beginning next week. The Nigerian Association of Liquefied Petroleum Gas Marketers' President, Olatunbosun Oladapo,...