Business & Economy

The naira held steady against the US dollar on Thursday, trading within a stable range as traders and analysts expressed cautious optimism following years of currency volatility. Official data published...

The Federal Reserve held its benchmark interest rate unchanged for the fourth consecutive meeting on Wednesday, but the real story emerging from the central bank's latest gathering wasn't the pause;...

Oil markets fell sharply on Thursday after a U.S.-Iran diplomatic breakthrough raised expectations that Iranian crude supply could soon return to global markets, sending benchmarks down more than $2 a...

Nigeria's Federal Government on Wednesday firmly denied plans to introduce new taxes on fuel and telecommunications services, pushing back against reports linked to a recently published International Monetary Fund report....

The naira held steady against the dollar on Wednesday at approximately ₦1,363.83 at the official NFEM, supported by ongoing monetary reforms and improved forex liquidity. The local currency has now...

Oil prices fell for a third straight session on Wednesday as markets weighed a landmark U.S.-Iran peace deal that has rapidly stripped out war-driven premiums, even as questions over the...

The World Bank's Container Port Performance Index (CPPI) for 2025 has named Lagos Port Complex in Apapa and Tin Can Island Port Complex among the world's top 20 most improved...

Africa's richest man has set his sights on the creeks and coastline of Ondo State, pledging to build what could become Nigeria's most ambitious industrial development in a generation, a...

The Nigerian naira held steady on Tuesday against the US dollar in both the official and parallel markets, as ongoing monetary policy reforms continued to take effect. Data from the...

Oil prices sank to three-month lows on Tuesday as traders anticipated a surge in Middle Eastern supply following a U.S.-Iran ceasefire deal, even as its full terms remained unclear. Brent...