Business & Economy

The naira closed out the trading week on a note of cautious calm, settling at ₦1,362.55 to the dollar in the official market on Thursday, a performance that, while modest,...

Oil markets edged higher on Thursday, but the gains carried the cautious, watchful quality of a trade that has been burned before. Brent crude futures rose 48 cents, or 0.60%,...

The Central Bank of Nigeria (CBN) has declared that its ongoing monetary and foreign exchange reforms are beginning to produce tangible results, citing a significant reduction in the gap between...

The naira opened the midweek session of the trading week on a firm footing, changing hands at ₦1,362.55 to the dollar on the Nigerian Foreign Exchange Market (NFEM), Nigeria's official...

Oil prices fell for a second straight day Wednesday, as traders watched for signs that the latest U.S.-Iran talks could finally reopen the Strait of Hormuz, the chokepoint that has...

The Nigerian government has moved to enforce stricter data protection compliance across its bureaucracy, ordering every Ministry, Department and Agency (MDA) to appoint and register Data Protection Officers with the...

Dangote Industries Limited has sealed a landmark agreement worth more than $800 million to expand its cement plant in Itori, Ogun State, in what stands as one of the most...

Amazon's climb past $3 trillion this week is more than a round-number milestone; it's a sign of which companies are actually turning AI spending into results Wall Street trusts. Amazon's...

Nigeria's aviation sector is bracing for fresh turbulence as a dispute over unremitted ticket charges pits airline operators against organized labor, with passengers caught in the crossfire of an escalating...

Oil markets steadied on Tuesday, recovering some of the previous session's steep losses as traders recalibrated their view of a Middle East conflict that refuses to yield a clean resolution....