Business

Crude Prices Ease Over Excess Supply Concerns, Diesel Flow Tightens

Oil prices retreated on Tuesday as the Organization of the Petroleum Exporting Countries’ ,OPEC, plan to increase production offset market optimism over a potential...

Interbank Rates Mixed As Excess Liquidity Expands To N3.8trn

Money market remains solid in terms of liquidity, which kept the short-term interest rate benchmark movement in check. Banks’ placements increased, while there was...

Nigeria’s Forex Turnover Hits $8.6bn As Govt Targets 7% Growth

By Yahaya Umar Nigeria’s foreign exchange market has recorded a significant turnaround, with monthly turnover rising by 56.4% to $8.6 billion in 2025, signalling renewed...

Nigeria Faces $1.12bn Eurobond, N100bn Sukuk Late Maturities

By Charles Ebi  Nigeria is preparing to meet two major debt obligations before the end of 2025, comprising the $1.12 billion Eurobond and a N100...

Nigeria’s Gas Output Dips To 169.8BSCF In One Month

By Dickson Pat Nigeria’s gas output dropped by 12.54% to 169.823 billion standard cubic feet ,SCF, of gas in August 2025, compared with 194.179 billion...

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