Business & Economy

President Donald Trump announced on Saturday that goods imported from the European Union will face a 30% tariff rate beginning August 1, delivering the ultimatum through a letter posted to...

Nigerian National Petroleum Company Limited (NNPCL) is contemplating a dramatic shift in strategy that could see the privatization of the country's three major refineries, following decades of failed investments and...

Global financial markets retreated on Friday as President Donald Trump dramatically intensified his tariff offensive, threatening America's northern neighbor with punitive duties that sent shockwaves through trading floors from New...

Oil prices advanced modestly on Friday as traders grappled with mixed signals from a market caught between immediate tightness and looming oversupply concerns, while geopolitical tensions surrounding Russian sanctions continued...

In a damning assessment of Nigeria's petroleum sector, billionaire industrialist Aliko Dangote has declared that the country's three state-owned refineries are beyond salvation, despite consuming a staggering $18 billion in...

China's remarkable economic resilience appears to be waning as the world's second-largest economy faces mounting pressures that threaten to derail its recovery from the pandemic era. After posting a surprisingly...

Brazil's government went into emergency mode on Thursday as President Luiz Inácio Lula da Silva convened an urgent cabinet meeting to address President Donald Trump's announcement of a 50% tariff...

In a significant endorsement of Nigeria's ongoing fiscal transformation, the International Monetary Fund (IMF) has praised the Federal Inland Revenue Service for substantial progress in modernizing the country's tax administration...

Bitcoin reached unprecedented heights on Wednesday evening, climbing to an all-time high near $112,000 as the Trump administration's supportive stance toward cryptocurrency continues to drive significant capital flows into the...

The Indian rupee is expected to edge higher when markets open on Thursday, buoyed by a regional rally in Asian currencies and diminishing market anxiety over President Donald Trump's latest...