Farmers have attributed the persistent fluctuations in food prices in the country to structural challenges in the sector, despite ongoing government interventions to boost production. They...
OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper...
The Nigerian Association of Resident Doctors (NARD) has said its members will begin a nationwide strike on Tuesday, April 7. According to the association, the decision...
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has said that the recent rise in Liquefied Petroleum Gas (LPG) prices is driven by supply constraints...
Workers at Seplat Energy, Nigeria’s largest independent oil and gas producer, began an indefinite strike on Friday in a move that could crimp output just as...
U.S. crude oil futures for immediate delivery next month hit their largest-ever premium over the second-month contract on Thursday, as traders scrambled to secure barrels after...
African economies face the risk of a sharper growth slowdown this year if the war in the Middle East drags on, with prolonged disruption to trade,...
The Nigeria Sovereign Investment Authority (NSIA) has reaffirmed its commitment to operational resilience and sustainable investment practices in response to an increasingly complex global risk environment....
Minister of Marine and Blue Economy, Adegboyega Oyetola, has disclosed significant progress toward refloating a national shipping carrier to strengthen Nigeria’s maritime industry. Oyetola made the...
Managing Director, International Monetary Fund (IMF) Kristalina Georgieva, has nominated Mr. Zeine Zeidane as Director of the African Department (AFR). Mr. Zeidane will succeed Abebe Aemro Selassie,...
