Business & Economy

China has fired back at Washington, imposing export controls on 10 American companies and banning procurement from dozens more, in direct retaliation for the U.S. blacklisting of Chinese firms accused...

The naira opened Monday's official NFEM session at ₦1,363.41 to the dollar, a rate that signals the CBN's sweeping reforms are steadily taking hold. The official NFEM window has largely...

Global oil prices dropped sharply on Monday after U.S.-Iran talks in Switzerland ended with Tehran securing export waivers, effectively dissolving fears of a prolonged supply shortage. Brent crude, the international...

The Nigerian Exchange just closed out one of its roughest stretches of the year, with investors watching roughly N5.7 trillion in value evaporate over a single week as a wave...

Nigeria's external reserves have crossed the $51 billion mark for the first time since the global financial crisis era, a milestone the Central Bank of Nigeria (CBN) had not expected...

The naira extended its losing streak yesterday, weakening against the dollar across both the parallel and official segments of the foreign exchange market, as dollar scarcity continued to test the...

The Federal Government has formally issued implementation guidelines governing the transition from Nigeria's repealed tax laws to the Tax Acts 2025, providing long-awaited clarity for taxpayers, businesses, and revenue authorities...

Oil prices rebounded on Friday as peace efforts to end the Iran war hit an early snag, with Israeli strikes on southern Lebanon signaling the conflict is far from truly...

The Nigerian Exchange (NGX) is preparing to introduce one of its most significant trading reforms in recent years, a tiered minimum volume threshold system that will require a defined number...

Nigeria's petrol import bill climbed sharply in May, even as the country's domestic refining industry continued its remarkable expansion, new regulatory data shows, painting a complex picture of a fuel...