Business & Economy

The United States is ramping up diplomatic pressure on its closest allies to impose coordinated tariffs on countries purchasing Russian oil, as the Group of Seven nations explore new economic...

The standoff between Nigeria's Dangote Petroleum Refinery and the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has intensified, with the private refinery launching a counteroffensive by questioning the...

In a dramatic escalation of regulatory enforcement in Nigeria's oil sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has permanently revoked the operating license of the Oritsemeyin drilling rig, effectively...

Nigeria achieved a significant trade surplus of N7.46 trillion in the second quarter of 2025, marking a robust performance in the country's foreign trade sector, according to the latest data...

Gold prices continued their relentless march higher on Friday, trading within striking distance of this week's record peaks as mounting evidence of labor market deterioration reinforced investor confidence that the...

Global financial markets surged toward their strongest weekly performance in months on Friday, as investors positioned themselves for an anticipated wave of interest rate cuts from the Federal Reserve that...

Nigeria's industrial sector fell into contractionary territory in August 2025, according to the Central Bank of Nigeria's latest Purchasing Managers' Index (PMI) report released yesterday, signaling potential headwinds for the...

A bitter labor dispute between Nigeria's petroleum workers union and Dangote Petroleum Refinery has escalated into a full-blown crisis that could plunge Africa's most populous nation into another devastating fuel...

Oil markets extended their sharp decline on Friday, with both major benchmarks falling below key psychological levels as traders increasingly focused on oversupply concerns and weakening U.S. economic indicators rather...

The European Central Bank announced today that it will hold interest rates unchanged for another policy period, as inflation across the eurozone continues to hover near the institution's 2% target,...