Business & Economy

Global financial markets experienced a dramatic reversal of fortune on Friday as Asian equities soared to their highest levels in more than three years, with European markets poised to extend...

In a significant shift from traditional development assistance, American companies announced a series of major infrastructure investments across Africa this week, signaling the Trump administration's strategic pivot toward trade-driven engagement...

The Nigerian naira demonstrated signs of recovery this week, trading below the psychologically significant ₦1,600 mark against the US dollar in the parallel market for the first time in recent...

Oil prices retreated modestly Thursday morning, surrendering earlier session gains as traders adopted a cautious stance following the Iran-Israel ceasefire announcement while grappling with conflicting signals from market fundamentals and...

The Nigerian Exchange experienced a significant surge on Wednesday, with market capitalization climbing by N1.18 trillion as investors responded enthusiastically to strong corporate earnings reports, particularly from oil and gas...

Wall Street hit the pause button on Wednesday, ending a two-day winning streak as investors weighed geopolitical tensions, fresh remarks from Federal Reserve Chair Jerome Powell, and a flurry of...

In a resounding vote of confidence, shareholders of Dangote Cement Plc overwhelmingly approved a final dividend of N30 per share for the 2024 financial year at the company's 16th Annual...

The World Bank's Board of Executive Directors has approved a critical $146 million grant to Syria aimed at restoring the country's devastated electricity infrastructure, marking a significant international effort to...

Facing a hemorrhaging subscriber base and mounting criticism over aggressive pricing strategies, MultiChoice Nigeria has announced a dramatic 50% reduction in the cost of its DStv decoder, slashing prices from...

Financial markets displayed cautious optimism Wednesday as investors seized upon news of a tenuous ceasefire between Israel and Iran, treating the diplomatic breakthrough as justification to return to risk assets...