Brent crude closed above $90 per barrel on Monday as Iran threatened to launch a military offensive in the Strait of Hormuz if diplomatic efforts to end its war with the United States fail.

The benchmark Brent crude was quoted at $90.53 per barrel as of Monday evening, gaining $2.01, or 2.27 per...

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Persistent weaknesses in offshore crude production which left output below the level on which the 2026 federal budget was set out, has brought Nigeria’s fiscal position under pressure despite a strong rally in international oil prices.

MoneyAfrica shed light on this in its newsletter on Monday,...

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To underline readiness for its Initial Public Offering (IPO) now in the offing, the Dangote Petroleum Refinery and Petrochemicals (DPRP) has secured a $1bn underwriting for the capital raising.

The programme, structured by Marob Strategies and Consulting DIFC Ltd and Lilium Capital Group, comprises...

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Afrobeats star, David Adeleke, popularly known as Davido, has refused to apologise to Edo State Governor, Monday Okpebholo, over his social media post displaying the governor’s alleged West African Examinations Council result.

Davido insisted that he did nothing wrong by sharing the result,...

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The Kano State Government has banned patent medicine stores across the state from administering intravenous (IV) fluids and conducting blood transfusions.

The directive was announced by the Acting Executive Secretary of the Kano State Private Health Institutions Management Agency (PHIMA), Khadijah...

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