Business & Economy

In a coordinated escalation of economic warfare against Moscow, Western powers are mounting their most aggressive push yet to choke off Russia's oil revenues, with President Donald Trump claiming a...

The Federal Government has successfully raised N3.96 billion through its October 2025 issuance of savings bonds, signaling sustained appetite among retail investors for government-backed securities despite prevailing economic headwinds, according...

Nigerian enterprises are buckling under the weight of severe operational burdens, with excessive banking fees, layered taxation, and crumbling infrastructure emerging as the principal obstacles strangling business activity across Africa's...

Gold prices shattered records for a fifth consecutive trading session on Thursday, propelled by a perfect storm of geopolitical turbulence, economic uncertainty, and expectations of aggressive monetary easing by the...

The U.S. dollar retreated across major currency pairs on Thursday, buffeted by intensifying trade friction between Washington and Beijing and mounting expectations that the Federal Reserve will ease monetary policy...

The Nigerian Exchange Limited (NGX) All-Share Index registered a marginal gain on Wednesday, October 15, adding 31.3 points to close at 147,742.2, representing a modest uptick of 0.02% from the...

The United States and South Korea are on the cusp of finalizing a comprehensive trade agreement, with Treasury Secretary Scott Bessent expressing confidence Wednesday that a deal could be announced...

Nigeria's economy showed signs of cooling inflationary pressures in September 2025, as the headline inflation rate declined to 18.02% year-on-year, down from 20.12% recorded in August, according to the latest...

The Nigerian naira demonstrated renewed strength against the British pound on Wednesday, closing at N1,945/£ in the official foreign exchange market, as global currency markets experienced continued volatility and central...

Global oil markets retreated on Wednesday as traders grappled with a sobering outlook from the International Energy Agency and mounting concerns that deteriorating trade relations between Washington and Beijing could...