Business & Economy

Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has unveiled plans for an ambitious national database system designed to identify and track citizens eligible for government...

Global oil prices edged higher on Wednesday morning as market participants moved past immediate concerns about oversupply, finding comfort in OPEC+'s decision to proceed with only modest production increases in...

The Nigerian Naira has demonstrated remarkable resilience in recent weeks, strengthening against the Euro as Europe's second-largest economy grapples with unprecedented political instability. Official Market Shows Naira Appreciation The Nigerian...

Nigeria's embattled power distribution sector recorded a tentative but significant uptick in revenue collection during the second quarter of 2025, offering a glimmer of hope for a power industry long...

Nigeria's non-interest capital market has reached a value of N1.6 trillion, according to the Securities and Exchange Commission (SEC), signaling a significant shift in investor appetite toward ethical finance products...

Gold prices crashed through the psychologically critical $4,000-per-ounce threshold for the first time in history on Wednesday, extending a remarkable rally that has captivated investors and reshaped precious metals markets...

Sub-Saharan Africa is on track for a tentative economic recovery this year, with the World Bank upgrading its growth forecast to 3.8% from an earlier projection of 3.5%, driven by...

Lagos State has reinforced its position as Nigeria's economic engine, accounting for approximately one-third of the country's total sub-national revenue in 2024, according to fresh statistics released by the National...

Global currency markets experienced significant volatility on Tuesday as political turbulence in two major economies sent shockwaves through trading floors, with the Japanese yen plummeting to a two-month low and...

The Central Bank of Nigeria (CBN) has moved decisively to clean up the country's sprawling agent banking network, introducing stringent eligibility criteria that effectively shut the door on individuals with...