The price of vegetable oil in the markets has been increasing, causing more headaches for Nigerian households this festive season; A market survey revealed that traders are demanding 95% more to ...

However, the country’s non-oil and non-energy exports—worth N323.96bn over the same period—are now subject to the new tariff regime. A breakdown of Nigeria’s quarterly trade performance ...

Climbers use handmade harnesses to harvest palm fruits from 60-foot-tall trees to make red palm oil, which can cost 16 times as much as vegetable oil. Business Insider Subscribe Newsletters ...

Releaf, a Nigerian agritech startup that supplies ingredients (starting with the oil palm) to consumer goods manufacturers and their food factories, has received $3.3 million in an oversubscribed ...

Nigeria and Saudi Arabian oil giant Aramco’s discussions regarding a $5bn oil-backed loan have hit a snag following a significant drop in crude oil prices, reported Reuters, citing sources. The ...

Following deadly violence in Benue, Nigerian celebrities and human rights groups call for urgent support and increased government response. Over 100 killed and thousands displaced.

In Nigeria, the first part of a $1 billion project to clean up Ogoniland in the Niger Delta, where there have been thousands of oil spills, was a "total failure." ...

Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to ...

A visit to various food markets in Lagos State showed that the price of a 5-litre vegetable oil, which sold for N2,100, depending on the brand, as at 2018 before Covid-19 era, now sells for N22,000.

In Nigeria, the first part of a $1 billion project to clean up Ogoniland in the Niger Delta, where there have been thousands of oil spills, was a “total failure.” ...

In the first quarter of 2024, non-oil, non-energy exports to the U.S. were valued at N74.79bn. These included flours and meals of soya beans worth N28.21bn, urea at N20.33bn, refined lead at N14 ...