Business

The naira closed January at ₦1,386 to the US dollar at the official foreign exchange market, reflecting continued efforts by monetary authorities to stabilize the local currency amid lingering pressure...

Access Bank Plc has appointed Ifeyinwa Osime as Chairman of its Board, following the retirement of Paul Usoro on 29 January 2026, upon the completion of his regulatory tenure. The...

JPMorgan Chase & Co. has shifted its stance on bonds issued by the African Export‑Import Bank (Afreximbank), upgrading its view from underweight to overweight after a sharp selloff tied to...

Dangote Petroleum Refinery has expanded its gas supply agreements with the Nigerian National Petroleum Company Limited (NNPC) as part of efforts to secure reliable fuel for its ongoing and planned...

Billionaire investor Femi Otedola has defended the decision by First Bank of Nigeria Holdings Plc to write off ₦748 billion in non-performing loans, describing the move as necessary to stabilize...

In a regulatory shift, the Central Bank of Nigeria (CBN) has officially upgraded the operating licenses of Nigeria’s leading fintech giants, OPay, Moniepoint, and Kuda Bank to National Status. This...

Just hours after touching the $5,000 milestone, Gold has defied all expectations by blasting past $5,100 per ounce. As of mid-morning today, Monday, 26 January 2026, the precious metal is...

Crude oil prices surged today, Monday, 26 January 2026, as a brutal "polar vortex" swept across the United States, paralyzing production in America's oil heartlands. With temperatures dropping to record...

The African Export-Import Bank (Afreximbank) has officially terminated its relationship with Fitch Ratings, effective today, Friday, 23 January 2026. The drastic move follows a heated dispute over Fitch's decision to...

Global equity markets rallied today, Thursday, 22 January 2026, as investors breathed a sigh of relief following President Trump’s decision to "walk back" recent threats regarding the acquisition of Greenland....