Business

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...

China's decision to remove tariffs on imports from 53 African countries is expected to deepen trade ties with the continent while accelerating the adoption of the Chinese yuan in cross-border...

The U.S. dollar traded close to a 10-day low against major global currencies on Monday as investor sentiment improved following a preliminary peace agreement between the United States and Iran,...

Elon Musk has become the world's first trillionaire following the blockbuster initial public offering of SpaceX, further cementing his position as the most influential and wealthiest entrepreneur of the modern...