Oil prices declined on Wednesday amid growing optimism over a final agreement between the US and Iran. Brent crude traded at $108.66 per barrel, down around 1.16% from the previous close of $109.87.

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Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and revenue growth offset by a sharp, policy-driven hit to profitability.

Mr Wole Ogunsanya, Chairman of Petroleum Technology Association of Nigeria (PETAN), says African oil and gas firms are joining forces to tackle energy poverty.

Bitcoin (BTCUSD) has extended its rally, with the price up about 2% to $81,483.36 on Wednesday, slightly outpacing the broader market, which rose 0.91%.