Commodities

Africa’s largest crude producer says it’s spending up to 120 billion naira ($294 million) monthly on gasoline subsidies, setting up the stage...

The Governor of the Central Bank of Nigeria, Godwin Emefiele, says the price per bag of rice has reduced compared...

The amount spent on the importation of Premium Motor Spirit (petrol) rose by 17.54 per cent to N2.11tn last year,...

The international oil benchmark, Brent crude, reversed its recent losses on Wednesday after a ship ran aground in the Suez...

Nigeria is considering ways to cushion the impact of fuel-subsidy cuts as it weighs the possibility that the reform may...

Crude oil prices drifted lower at the first trading session of the week in London. Oil traders are arbitrarily going...

Indigenous oil exploration and production company, Conoil Producing Limited, has had a crude oil production flow station at Ango field...

Oil prices jumped past the $70 a barrel price level, at the first trading session of the week for the...

Oil Surges to its highest in two years after OPEC+ surprised the markets by retaining its supply cap as the...

The increasing sell-offs in the Nigerian stock Exchange market has resulted in losses in key Fast Moving Consumer Goods (FMCG)...