Nigerian States With Lowest Petrol Prices Revealed
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Category : Search result: Federal Reserve rate cut
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
US to Keep Seized Venezuelan Oil, Trump Warns Maduro
US President Donald Trump confirms the US will retain crude oil and tankers seized near Venezuela, intensifying pressure on President Nicolás Maduro. Read the latest on the escalating crisis.
US Q3 GDP Grows 3.2%, AI Investment Fuels Momentum
The US economy posted solid 3.2% growth in Q3 2025, driven by AI investment. The delayed data shows resilience despite labour market concerns and Fed rate cuts. Read more.
Asian Markets Rally on US Rate Cut Hopes, AI Worries Subside
Asian stock markets climbed Monday as US data fueled expectations for 2026 interest rate cuts. Tech stocks led gains while gold hit a record high. Get the full market analysis.
Tinubu Cuts 2025 Budget, Presents N58.18tr 2026 Plan
President Tinubu moves to slash 2025 budget by over N6 trillion, presents N58.18 trillion 2026 estimates, and declares armed non-state actors as terrorists. Details on fiscal reforms and security measures.
Fed's Williams Sees No Urgency for Further Rate Cuts
New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.
NNPC Petrol Price List: Abuja N835, Lagos N840, Gombe N965
NNPC releases new petrol prices nationwide ahead of Christmas. Abuja is now the cheapest at N835 per litre, while Gombe is the most expensive at N965. See the full state-by-state breakdown here.
US Inflation Cools Unexpectedly in November
US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.
Bank of England Cuts Interest Rate to 3.75%
The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Fuel Prices Fall Nationwide After Dangote Refinery Rate Cut
Nigerians witness a sharp drop in petrol prices after Dangote Refinery slashed its ex-depot rate. MRS leads with N739/litre in Lagos, while other cities adjust. Read the latest market updates.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
Asian Markets Retreat on US Jobs Data, Tech Worries
Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.
NNPC Reduces Petrol Price Following Dangote Refinery
NNPC slashes petrol prices in Lagos and Abuja after Dangote Refinery's price cut, sparking a potential fuel price war. Get the latest updates and analysis.
Asian stocks falter ahead of expected US Fed rate cut
Asian equities drifted lower as investors await a likely US interest rate cut. Debate intensifies on whether the Federal Reserve can sustain easing into 2026 amid stubborn inflation.
Divided US Fed Faces Contentious Rate Decision
The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.
US Inflation Data Shows Consumer Strain Before Holidays
Fresh US inflation data reveals a 2.8% rise in September, putting pressure on consumers as the festive season peaks. The Fed faces a key rate decision amid mixed economic signals. Read the full analysis.
Asian markets cautious ahead of US data, Fed rate call
Asian markets closed the week with mixed results as investors await key US inflation data and the Federal Reserve's interest rate decision next week. Get the latest market analysis and figures.
FG Sets 2026 Budget Exchange Rate at N1,512/$1
The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.
Naira Depreciates as FX Gap Between Official, Parallel Markets Widens
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
Asian Markets Struggle to Hold Fed-Inspired Rally
Asian markets lost early gains despite strong Fed rate cut bets. Tokyo rose, but Hong Kong, Shanghai, and Seoul fell. Get the latest on global market volatility.
US Hiring Data Points to Economic Weakness, Rate Cut Expected
Surprise US job losses in November, led by small businesses, signal economic weakness and raise expectations for a Federal Reserve interest rate cut. Get the full analysis.
Lead City University Admission: Requirements & How to Apply
Complete guide to Lead City University admission for 2025/2026. Learn the UTME score, O'Level requirements, application process, and list of all courses offered. Apply now!
Indian rupee hits record low past 90 per dollar
India's rupee falls to a historic low beyond 90 against the US dollar, driven by foreign outflows and stalled US trade talks. Analysts see a new market-aligned approach from the central bank. Read more for the full analysis.
Asian Markets Up Ahead of US Jobs, Inflation Data
Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.
Trump Eyes Economic Adviser Hassett for Fed Chair Role
President Donald Trump suggests Kevin Hassett could be his pick for Federal Reserve Chairman. Get the full details on this potential nomination and its implications.
Ogun State Health Polytechnic: Courses, Fees, Cut-off 2025
Complete guide to Ogun State Polytechnic of Health and Allied Science (formerly OSCOHTECH). Get details on 2025 courses, school fees, cut-off marks, and admission requirements for aspiring health professionals.
UNIBEN Courses, Admission Requirements & How to Apply
Complete guide to University of Benin courses, JUPEB, part-time programmes, admission requirements for 2025/2026, and step-by-step application process. Learn about cut-off marks and fees.
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