Naira Appreciates, Dollar On Defensive As Markets Hope For Best On Middle East
Data from the Central Bank of Nigeria showed that the naira appreciated to about ₦1,361 per dollar at the…
Category: Business
Emirates Group Annual Profits Up 3.0% Despite Mideast War
Emirates Group announced a 3.0 per cent rise in annual profits to $5.7 billion on Thursday despite severe disruption…
Australia To Force Gas Giants To Reserve Fuel For Domestic Use
Australia will look to stave off energy shortages by forcing major gas companies to reserve 20 per cent of…
EU Weighs Options As Summer Jet Fuel Threat Looms
How big is the jet fuel threat to Europe’s summer holidays? The EU says it is not facing shortages…
Shell Quarterly Net Profit Jumps 19% As War Fuels Oil Prices
British energy giant Shell announced Thursday a 19-per cent increase in net profits for the first quarter as the…
Nigeria Is Working Again- VP Shettima
Vice President Kashim Shettima has said that Nigeria is now on the right track as the economic reforms of…
Musk To Spend $55bn On SpaceX AI Chip Project In Texas
Elon Musk’s SpaceX plans to invest at least $55 billion to build a semiconductor manufacturing facility in Texas, according…
Commodity Ship Transits In Hormuz Hit Lowest Level Since Start Of War
Commodity ship traffic through the Strait of Hormuz fell this week to its lowest level since the beginning of…
Naira To Dollar Exchange Rate Today May 6 2026
The naira appreciated to N1,362/$ on Tuesday, extending its recent gains against the United States dollar. Data from the…
Dangote Refinery Raises Petrol Price To ₦1,350/Litre — Report
Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (petrol) to ₦1,350 per litre, up from ₦1,275.…