Business

The African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organization (APPO) have formally established the Africa Energy Bank, a new institution designed to finance energy projects across the continent....

Binance has started reopening cryptocurrency withdrawals following a major cyberattack that resulted in the theft of more than $6 billion in funds from the exchange. The company, the world’s largest...

Binance, the world’s largest cryptocurrency exchange, has suffered a $6.3bn security breach in what analysts describe as the biggest crypto theft on record, with US blockchain intelligence firms attributing the...

The Lagos State Special Offences Court in Ikeja has admitted certified resolutions of the Asset Management Corporation of Nigeria (AMCON) board as evidence in the ongoing trial of the corporation’s...

Ukraine's Defence Ministry says Starlink and its military-focused counterpart, Starshield, have returned to high-speed operation after more than a week of connectivity restrictions that disrupted military activities and heightened tensions...

Global stock markets came under renewed pressure on Tuesday as crude oil prices climbed above $111 a barrel, raising concerns about inflation and economic growth, while investors awaited earnings reports...

The US dollar weakened slightly on Tuesday as easing unrest in France helped steady the euro, while stronger-than-expected British labour market data lifted the pound and robust demand for Japanese...

African countries seeking to turn their mineral wealth into higher-value products are attracting growing investor interest. Still, unreliable and expensive electricity remains a major obstacle to building refineries, smelters and...

Members of the International Monetary Fund (IMF) have called for increased financial assistance to countries facing short-term funding difficulties caused by war-related disruptions and high energy prices, warning that global...

The US dollar weakened on Thursday after reaching an 18-month high in the previous session, as falling Treasury yields and comments from Federal Reserve officials reduced expectations of an interest...