Business & Economy

The Federal Reserve delivered its third consecutive interest rate cut on Wednesday, but Chair Jerome Powell made clear the central bank is prepared to hit the brakes on further reductions...

The Central Bank of Nigeria's recent approval of 82 new Bureau De Change (BDC) licenses has triggered widespread apprehension among foreign exchange operators and market analysts, who warn that the...

Bitcoin tumbled through the psychologically significant $90,000 threshold on Thursday, surrendering recent gains as renewed anxiety over artificial intelligence profitability rippled through financial markets from the technology sector into cryptocurrencies....

Nigeria's daily petrol consumption declined to 52.9 million litres in November 2025, down from 56.74 million litres recorded the previous month, according to data released by the Nigerian Midstream and...

The Central Bank of Nigeria (CBN) has moved to strengthen its support for the agricultural sector with the inauguration of a reconstituted Board for the Agricultural Credit Guarantee Scheme Fund,...

The U.S. dollar slipped against major currencies on Wednesday as global markets entered a holding pattern ahead of the Federal Reserve's highly anticipated policy announcement, with investors bracing for what...

Gold prices treaded water on Wednesday morning as traders adopted a wait-and-see posture ahead of what markets widely expect to be another Federal Reserve interest rate cut, while silver continued...

The Nigerian naira has come under renewed pressure in recent days, weakening across both official and parallel markets as a confluence of external monetary policy shifts and seasonal domestic demand...

High-stakes trade negotiations between the United States and India entered their second day Thursday, as both nations grapple with the fallout from punishing American tariffs that have sent shockwaves through...

French energy major TotalEnergies announced on Tuesday it has finalized a landmark agreement to acquire a 40 percent operated stake in the Mopane oil field off Namibia's coast, positioning itself...