Business

Global stock markets wobbled on Thursday as sharp swings in silver and cryptocurrencies rattled investor confidence, adding to uncertainty already driven by shifting interest-rate expectations and mixed economic signals from...

Nigeria’s Dangote Refinery has warned that reliance on coastal fuel transportation could significantly raise petrol prices, potentially pushing pump prices close to 1,000 naira ($0.66) per litre if the added...

The Nigerian naira and the Zambian kwacha could post further gains in the near term, supported by policy reforms, improving foreign exchange liquidity and easing external pressures, market analysts said....

Global oil majors are aggressively snapping up offshore exploration blocks across West and Southern Africa, betting that the region’s geology could deliver discoveries on the scale of Brazil’s deepwater boom,...

In a move targeted at the continent's energy sector, the African Energy Bank (AEB) has officially rolled out its first phase of funding, mobilizing $10 billion to kickstart priority projects...

Global commodities giant Glencore is in advanced discussions to sell a 40% stake in its Democratic Republic of Congo (DRC) mining operations in a deal valued at about $9 billion,...

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...