Business & Economy

Iran's Revolutionary Guard announced on Friday that over 35 commercial vessels transited the Strait of Hormuz within 24 hours, citing the figure as evidence its control of the waterway is...

Oil prices edged higher Friday on faint hopes of a U.S.-Iran deal, but the modest rebound couldn't disguise a brutal week for crude as investors remained deeply unconvinced that a...

The Naira steadied against the Dollar on Thursday after the Central Bank of Nigeria held its benchmark interest rate unchanged, reaffirming its commitment to curbing inflation and preserving foreign exchange...

Oil prices edged up more than one percent on Thursday, as cautious hope over U.S.-Iran peace talks collided with mounting fears over tightening global supply, a standoff analysts warn could...

The Central Bank of Nigeria (CBN) has opted to keep its benchmark interest rate unchanged, signaling continued caution as policymakers navigate a delicate balance between taming inflation and supporting economic...

Pan-African business titan Tony Onyemaechi Elumelu, CFR, has been formally confirmed as a non-executive director of Seplat Energy Plc, the country's foremost indigenous oil and gas company, at the firm's...

Oil prices dipped slightly on Wednesday after President Trump once again promised a swift end to the Iran conflict, giving markets a brief moment of relief following weeks of war-driven...

Oil prices fell nearly 2% in early Asian trading on Tuesday after President Trump halted a planned strike on Iran, signaling a possible diplomatic resolution to the Middle East conflict....

The naira steadied at approximately ₦1,371 to the dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, with fresh CBN data signaling a market slowly stabilizing after months of...

Nearly two-thirds of Nigerians want interest rates reduced, according to the CBN's April 2026 Inflation Expectations Survey Report, but the apex bank is widely expected to hold rates steady when...