Business

Global oil prices climbed by about three per cent on Monday, with Brent crude rising above $90 per barrel for the first time in more than a month, as intensifying...

President Bola Ahmed Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, introducing a new framework aimed at coordinating the regulation of cryptocurrencies and other digital assets...

Commercial shipping activity through the Strait of Hormuz slowed on Wednesday as military tensions between the United States and Iran continued to disrupt one of the world's busiest energy corridors....

The Senate Committee on Public Accounts has directed the external auditors of the Nigerian National Petroleum Company Limited (NNPC Ltd.) to return within one week with detailed documentation explaining more...

Deposit Money Banks (DMBs) reduced lending to several major sectors of the Nigerian economy by N5.45 trillion in 2025, reflecting a broad adjustment in credit portfolios following regulatory changes by...

Global oil prices traded within a narrow range on Monday as investors weighed Saudi Arabia's decision to reduce crude prices for Asian buyers, higher production targets announced by OPEC+ and...

The Federal Government has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate the operations of major global technology companies and generative artificial intelligence platforms over allegations of...

The Board of Directors of United Bank for Africa Plc has announced that its Chairman, Tony Elumelu, will retire from the board on August 21, 2026, after completing the maximum...

Global oil prices remained largely stable on Friday as investors weighed ongoing diplomatic efforts between the United States and Iran, with cautious optimism over easing tensions helping to calm fears...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to issue and closely monitor import permits to bridge an estimated 165,000-metric-tonne Liquefied Petroleum Gas (LPG) supply shortfall...