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NBS: Kerosene price stood at N2,971.94 in May

The National Bureau of Statistics (NBS) says the average retail price of a litre of kerosene decreased from N2,976.94 recorded in April 2026 to...

FG holds urgent talks over escalating cooking gas prices

The Federal Government has convened an emergency stakeholders’ meeting to address the recent increase in liquefied petroleum gas, LPG, prices and develop measures to...

LPG retailers say ‘global tensions behind rising cooking gas prices’

The Liquefied Petroleum Gas Retailers Association of Nigeria (LPGAR) has blamed rising cooking gas prices on global supply disruptions, especially US-Iran tensions. Mr Ayobami Olarinoye,...

Nigeria’s N200tn debt lacks clear impact, Obi raises concern

The 2027 Presidential candidate of the Nigeria Democratic Congress (ADC), Peter Obi, has expressed concern over Nigeria's rising debt profile, arguing that the country’s...

Xenophobia: FG may take measures against South African firms – Odumegwu-Ojukwu

The Federal Government has hinted at probable sanctions against South African firms operating in Nigeria, including telecommunications giant MTN, as outrage mounts over the...

Oil prices record smallest decline in 3 months amid Strait of Hormuz concerns

The price of oil has reached its lowest point in nearly 15 weeks, despite ongoing uncertainty regarding the timeline for the reopening of the...

SpaceX may generate $1tn revenue by 2030, says Musk

Elon Musk says SpaceX could generate about $1 trillion in revenue by 2030. He made the claim on Sunday in a post on X, while...

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