Business & Economy

Oil prices jumped on Tuesday, with both major benchmarks hitting near one-month highs, after Washington reimposed a naval blockade on Iran and the two sides exchanged fresh strikes over the...

President Trump escalated his rhetoric on the Strait of Hormuz on Monday, telling Fox News's "Fox & Friends" in a phone interview that the United States is effectively assuming control...

The Nigerian naira traded at approximately ₦1,382.33 per United States dollar on the official Nigerian Foreign Exchange Market (NFEM) on Monday, extending a run of relative calm that has characterized...

Oil markets lurched sharply higher on Monday as a renewed exchange of military strikes between the United States and Iran shattered weeks of relative calm, sending traders scrambling to reassess...

Iran's Islamic Revolutionary Guard Corps (IRGC) Navy declared on Sunday that the Strait of Hormuz, one of the world's most critical oil-shipping corridors, would remain closed "until further notice" after...

French media giant Canal+ has closed one of Africa's biggest broadcasting deals, confirming on Thursday that MultiChoice is now a full subsidiary, capping a three-year pursuit that has reshaped the...

Nigeria's stock market has quietly climbed to the very top of the global rankings, edging out South Korea to become the best-performing equity market on the planet in dollar terms....

Global oil prices crept higher on Friday, capping a volatile week that has seen the Strait of Hormuz, the world's most critical oil chokepoint, grind to a near-halt as fighting...

The naira closed the week on a relatively firm note, trading at ₦1,375.94 to the US dollar on the official Nigerian Foreign Exchange Market (NFEM), even as the parallel market...

The Nigeria Immigration Service (NIS) has suddenly cut ties with Online Integrated Solution (OIS Services), the contractor that has long run Nigeria's visa application centers in the US, leaving thousands...