Business & Economy

Nigeria’s foreign exchange reserves have surged to $41.00 billion as of August 19, 2025, marking their highest level in 44 months, according to fresh data from the Central Bank of...

Nigeria's Federal Government, through the Debt Management Office (DMO), has announced its intention to raise ₦200 billion through a bond auction scheduled for Monday, August 25, 2025, as the country...

The U.S. dollar maintained a cautious drift on Thursday as financial markets entered a holding pattern ahead of what could be a pivotal speech by Federal Reserve Chairman Jerome Powell...

The Nigerian equities market continued on a downward path on Wednesday, August 20, as the All-Share Index (ASI) shed 1,047.16 points, closing at 141,566.31. This marks the second consecutive day...

U.S. equity markets opened Wednesday under pressure, extending a technology-driven decline that has rattled investor confidence just days before Federal Reserve officials convene for their closely watched Jackson Hole symposium....

Bank Indonesia delivered an unexpected quarter-point interest rate cut on Wednesday, lowering its benchmark 7-day reverse repurchase rate to 5.00% in a move that caught most economists off guard as...

Dangote Petroleum Refinery has announced a reduction in its ex-depot price for diesel, lowering it from ₦990 to ₦960 per liter, marking the latest salvo in an intensifying battle for...

Japan's exports sputtered in July, recording their steepest monthly decline in nearly four years as escalating US trade tensions began exacting a heavier toll on the world's fourth-largest economy, according...

The U.S. dollar maintained a steady course on Wednesday as currency markets entered a holding pattern ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole...

Oil prices recovered on Wednesday following a sharp decline the previous session, as traders weighed conflicting signals about potential diplomatic progress in the Ukraine conflict against tangible supply-side developments that...