Business & Economy

Zenith Bank has officially announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his tenure as chairman of the financial institution. The announcement was...

The naira held steady on the official foreign exchange market on Tuesday, with CBN data showing trading anchored around ₦1,374 per dollar, a rate that represents a level of stability...

Oil markets stayed rattled on Tuesday, with Brent crude clinging to $114 despite a slight dip, as the U.S.-Iran military standoff showed no signs of easing. Brent crude eased 93...

The Nigerian National Petroleum Company (NNPC) has signed a new Memorandum of Understanding (MoU) with China that could become a pivotal shift in Nigeria's downstream oil landscape. The agreement, which...

The Central Bank of Nigeria (CBN) is looking to raise N700 billion through a Treasury Bills auction on Wednesday, May 7, a move analysts say will test investor confidence and...

Oil markets opened the week on a cautious but firm footing Monday, with crude prices edging higher as the absence of a U.S.-Iran peace deal continued to strangle supplies through...

OPEC+ has approved a production increase of 188,000 barrels per day for June, even as the United Arab Emirates formally exits the alliance, a departure that has laid bare the...

President Bola Tinubu's Federal Executive Council has greenlit the establishment of the Nigeria Aircraft Leasing Company (NALC), a landmark decision that aviation stakeholders say has been a long time coming....

Nigeria's House of Representatives has ordered eleven power distributors to refund N55.42 billion to the CBN after investigators concluded that the country's flagship metering program was a costly failure. The...

Global oil markets pushed higher on Friday as geopolitical tensions surrounding the Iran conflict showed no signs of easing, with diplomatic efforts stalled and military threats escalating on multiple fronts....