Business & Economy

High-stakes trade negotiations between Japan and the United States have reached an impasse after the Trump administration reportedly demanded expanded Japanese purchases of American rice, prompting Tokyo to lodge strong...

In a decisive move to strengthen its capital position and maintain its international banking license, Guaranty Trust Holding Company Plc (GTCO) has pumped ₦365.85 billion into its flagship subsidiary, Guaranty...

Dell Technologies shares tumbled approximately 10% in Friday trading, wiping out nearly $8 billion in market value, as investors reacted negatively to the company's compressed profit margins despite record-breaking artificial...

Nigeria's diaspora remittances have experienced an unprecedented surge, tripling from $200 million to $600 million per month over the past two months, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso...

Gold prices retreated modestly on Friday morning, pulling back from recent highs as markets adopted a cautious stance ahead of crucial U.S. inflation data that could reshape Federal Reserve policy...

The Indian rupee continued its downward trajectory against the U.S. dollar on Friday, settling at 87.8000 per dollar by mid-morning, marking a notable decline from Thursday's close of 87.6250. The...

Oil prices retreated on Friday, capping off a tumultuous week that encapsulated the complex dynamics shaping global energy markets as we approach the final stretch of 2025's summer driving season....

Financial markets are concluding another turbulent week with all eyes fixed on Friday's release of the Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge set to...

The head of Nigeria's state oil company acknowledged Thursday that reviving the country's moribund refineries has proven more challenging than anticipated, despite substantial financial commitments, as the facilities bear the...

Global sportswear giant Nike Inc. announced on Thursday that it plans to cut fewer than 1% of its corporate workforce, as part of an ongoing restructuring effort aimed at revitalizing...