Business & Economy

In a landmark move to advance Nigeria’s energy transition and economic development, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, inaugurated the country’s first-ever Liquefied to Compressed Natural...

The U.S. dollar weakened against most major currencies on Wednesday as global markets closely monitored President Donald Trump’s high-stakes tariff negotiations with key trading partners, particularly China. Investors are bracing...

The Central Bank of Nigeria’s (CBN) recapitalization deadline for Bureau De Change (BDC) operators expired today, leaving the sector in turmoil as less than 5% of licensed operators have met...

The Nigerian Federal Government has initiated a bold plan to address the crippling ₦4 trillion debt owed to electricity generation companies (GenCos) and distribution companies (DisCos), with the presidency announcing...

Global financial markets are struggling with heightened uncertainty as U.S.-China trade tensions and erratic U.S. trade policies continue to cast a shadow over investor sentiment. Asia-Pacific shares showed cautious optimism...

Gold prices soared by more than 2% on Monday, driven by a perfect storm of escalating geopolitical tensions, renewed U.S. tariff threats, and a weakening U.S. dollar. Gold climbed from...

Wall Street’s major indexes slid on Monday as President Donald Trump’s announcement of doubling tariffs on imported steel and aluminum to 50% from 25%, effective Wednesday, reignited concerns over U.S....

Nigeria’s pension fund assets have recorded a robust 19% year-on-year growth, reaching N23.33 trillion by the end of the first quarter of 2025, according to data from the National Pension...

The Lagos State Government has given traders at Alabarago Market a 24-hour deadline to comply with environmental regulations or face immediate closure, following an unscheduled inspection by the Commissioner for...

The Nigerian stock market delivered a remarkable performance in May 2025, defying global economic headwinds driven by ongoing trade wars. Investors on the Nigerian Exchange Limited (NGX) reaped gains totaling...