Business

Billionaire investor Femi Otedola has defended the decision by First Bank of Nigeria Holdings Plc to write off ₦748 billion in non-performing loans, describing the move as necessary to stabilize...

In a regulatory shift, the Central Bank of Nigeria (CBN) has officially upgraded the operating licenses of Nigeria’s leading fintech giants, OPay, Moniepoint, and Kuda Bank to National Status. This...

Just hours after touching the $5,000 milestone, Gold has defied all expectations by blasting past $5,100 per ounce. As of mid-morning today, Monday, 26 January 2026, the precious metal is...

Crude oil prices surged today, Monday, 26 January 2026, as a brutal "polar vortex" swept across the United States, paralyzing production in America's oil heartlands. With temperatures dropping to record...

The African Export-Import Bank (Afreximbank) has officially terminated its relationship with Fitch Ratings, effective today, Friday, 23 January 2026. The drastic move follows a heated dispute over Fitch's decision to...

Global equity markets rallied today, Thursday, 22 January 2026, as investors breathed a sigh of relief following President Trump’s decision to "walk back" recent threats regarding the acquisition of Greenland....

Global oil benchmarks rose slightly today, Wednesday, 21 January 2026, as investors reacted to news of a force majeure declaration at one of Kazakhstan’s largest oil fields. The unexpected supply...

The Central Bank of Nigeria (CBN) has officially unveiled a massive, industry-wide initiative to combat the surging rate of electronic fraud (e-fraud) in the nation’s financial system. Announced today, Wednesday,...

Investors are navigating a "wall of worry" today, Wednesday, 21 January 2026, as a cocktail of geopolitical tensions continues to shake equity markets. While stocks in Europe and the U.S....

The U.S. Dollar has regained its footing today, Wednesday, 21 January 2026, edging higher against the Euro and the Swiss Franc. Investors have pivoted to a "wait-and-see" approach, pausing the...