crude oil prices

4 Articles
Economy

Profit Taking Pushes Nigerian Stock Market Lower

After weeks of sustained gains in May 2026 the Nigerian stock market closed lower last week as investors engaged in profit taking activities...

World

Tensions Escalate in Strait of Hormuz as US Iran Trade Threats Over Energy Infrastructure

The standoff over the Strait of Hormuz intensified as Iran’s effective blockade continues, with the US and Gulf states exchanging threats targeting energy...

World

Nigeria Monitors Middle East Tensions Amid Possible Economic Policy Adjustments

The Federal Government has said it is closely monitoring global developments following escalating tensions involving Iran, the United States and Israel, noting that...

Economy

Nigerians Face Steep Petrol Price Hikes as Retail Rates Outpace Crude Oil Increases

Nigerians are grappling with sharp increases in petrol prices, as marketers have raised pump prices far above the corresponding rise in international crude...