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October 30, 2026 - 8:55 AM

Business

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World Bank Projects 23% Rise in Global Commodity Prices in 2026

Global commodity prices are projected to rise by 23 per cent in 2026, driven by escalating tensions in the Middle East, declining oil inventories...

Dangote Refinery IPO Attracts $1.6 Billion as Investors From 119 Countries Apply

The Dangote Petroleum Refinery IPO has attracted subscription of up to $1.5 billion and $1.6 billion from local and retail investors. International subscriptions have also...

Naira Gains N8 Against Dollar in Biggest Daily Rise Since August

The Naira rose N8 against the dollar to close at N1357/$ on Tuesday, October 27, in the biggest single day rise since August at...

SEDC Launches $1.5bn South-East Gas Pipeline Project, Targets Industrial Transformation

The South-East Development Commission (SEDC), through its investment arm, the South-East Investment Company (SEIC), has launched a major gas distribution pipeline project expected to...

Nigeria’s Remittance Inflows Hit Record $1.57 Billion as June Receipts Surge

The amount of remittances sent into Nigeria by members of the Nigerian diaspora through International Money Transfer Operators in the second quarter of 2026...

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