Business & Economy

Oil prices stayed mostly steady on Wednesday as traders weighed renewed U.S.-Iran talk prospects against ongoing disruptions in the Strait of Hormuz, which remains largely closed amid conflict and a...

Nigeria’s Finance Minister Wale Edun has sharply urged the IMF and World Bank to slash borrowing costs for developing countries, warning that rising debt burdens and scarce affordable financing are...

The Nigerian Electricity Regulatory Commission (NERC) has reported a significant ₦40 billion reduction in electricity subsidy obligations for the final quarter of 2025. According to NERC’s 2025 Q4 Quarterly Report,...

Nigeria's leading oil marketers are pushing hard for downstream liberalization, insisting it is the key to ending the country's chronic cycle of fuel price shocks and supply uncertainty. Billy Gillis-Harry,...

Ecobank posted a record N1.21 trillion pretax profit for 2025, according to audited results released on the Nigerian Exchange on Tuesday. The figure represents a robust 23.60 percent year-on-year jump...

China’s exports slowed sharply in March after a strong start, official data showed, highlighting the fragility of global trade as the Middle East conflict drives up energy prices. The world’s...

Nigeria’s crude oil production posted a modest rebound in March 2026, climbing to 1.38 million barrels per day (bpd), according to the Organization of Petroleum Exporting Countries (OPEC). The figure,...

Oil prices slid sharply in Asian trade on Tuesday, erasing some of the dramatic gains racked up the previous day as traders clung to signs that Washington and Tehran may...

Nigeria's manufacturing sector delivered its strongest tax performance on record in 2025, contributing a combined N2.05 trillion in value-added tax and company income tax to government coffers. Data released by...

Nigeria's Securities and Exchange Commission (SEC) has ordered an immediate and sweeping freeze of assets belonging to 13 entities comprising 10 individuals and three corporate bodies with alleged links to...