Business

Global oil prices fell by around 2 per cent on Thursday as reports that the United States may relax sanctions on some Russian oil tankers raised expectations of increased supply...

Technology stocks across Asia tumbled on Thursday as concerns over rising borrowing costs and mounting debt linked to artificial intelligence infrastructure unsettled investors, while government bonds gained as traders sought...

Global oil prices rose on Wednesday after two vessels were struck in the Strait of Hormuz, while Iranian officials said Tehran had introduced new tactics to target shipping in a...

The Federal Government spent N7.7tn on debt interest payments between January and June 2026, exceeding its total revenue of N6.2tn by N1.5tn, according to the World Bank. The figures highlight...

Fitch Ratings has revised Nigeria’s economic outlook from stable to positive while retaining the country’s long-term credit rating at ‘B’, citing stronger foreign reserves, moderating inflation and progress in economic...

Oil prices jumped 5% on Thursday as worsening tensions in the Middle East raised fears of further disruptions to crude supplies, while a strengthening hurricane threatened production in the Gulf...

Nigeria has climbed four places to rank as the eighth most investable economy among 19 African countries assessed in Bloomberg Economics’ 2026 Investment Risk-O-Meter. The latest ranking places Nigeria ahead...

A wide gap has emerged in the liquidity positions of companies listed on the Nigerian Exchange Limited (NGX), with 22 of 40 firms analyzed holding less cash than their outstanding...

The naira weakened against the US dollar across both the parallel and official foreign exchange markets, with the currency falling to N1,382/$ in the parallel market and N1,331.5/$ at the...

ABUJA - The Independent Petroleum Marketers Association of Nigeria has stated that the Federal Government’s approval of 830,000 metric tonnes of petrol imports for the fourth quarter of 2026 must...