Oil Prices

Oil Prices Surge Past $105 on Iran Conflict Fears

London, United Kingdom – Brent crude oil rose above $105 per barrel on…

IMF Warns Rising Oil Prices Could Push Global Inflation Up 40 Basis Points

Washington, United States – The International Monetary Fund (IMF) has issued a…

Brent Crude Oil Price Surpasses $70 Amid US-Iran Geopolitical Tensions

The price of Brent crude oil, the international benchmark, surged above $70…

CBN Builds Economic Buffers To Protect Nigeria From Oil Price Shock

The Central Bank of Nigeria (CBN) has unveiled a series of policy…

LCCI Cautions Nigeria on Inflation Despite Recent Easing

The Lagos Chamber of Commerce and Industry (LCCI) has urged Nigeria to…

Oil Prices Surge as US-China Tariff Truce Sparks Market Optimism

Brent crude jumped 2.22% to $65.33 per barrel on Monday, while US…

OPEC Trims Global Oil Demand Forecast Amid US Tariff Concerns

The Organisation of the Petroleum Exporting Countries (OPEC) has adjusted its 2025…

FG Forms Economic Task Force to Counter US Tariff Impacts, Oil Price Drop

The Nigeria Federal Government has formed a specialized subcommittee to meticulously assess…

Nigeria’s Credit Rating Climbs to B Amidst Economic Reforms, Fitch Says

Fitch Ratings has upgraded Nigeria's long-term foreign currency debt rating to B,…

NNPC Ships First Self-Chartered Crude Cargo to Europe, Signaling Shift in Nigeria’s Oil Export Strategy

The Nigerian National Petroleum Company Limited (NNPC) has marked a major milestone…