Business & Economy

Zenith Bank Plc, one of Nigeria’s leading financial institutions, on Tuesday released its audited full-year 2025 financial results, posting a pre-tax profit of ₦1.26 trillion. This figure represents a modest...

Oil prices climbed sharply on Tuesday as markets braced for a high-stakes U.S. ultimatum to Iran: reopen the Strait of Hormuz by 8 p.m. EDT (00:00 GMT Wednesday) or face...

The Federal Government has dramatically revised its 2026 borrowing plan upward by ₦11.31trillion, pushing total planned borrowings to ₦29.20trillion. The new figure marks a sharp departure from the ₦17.89 trillion...

Nigeria's agricultural sector attracted a total of $167.25 million in capital importation throughout 2025, according to fresh data released by the National Bureau of Statistics (NBS) . The figure ,...

Nigeria’s Bank Verification Number (BVN) database grew to 68.6 million in March 2026 as more Nigerians registered to link their bank accounts. This is according to newly released data by...

The Nigerian naira opened the week on a cautiously optimistic note, with early trading data signalling marginal but meaningful gains against the United State dollar. The Naira edged higher at...

Nigeria's maritime sector is bleeding money at an alarming rate, with a leading research and advocacy group warning that the country's failure to establish a national shipping line is costing...

Eight key members of OPEC+ agreed on Sunday to raise their collective May production quotas by 206,000 barrels per day, the cartel said in a statement following a virtual ministerial...

Crude oil futures climbed sharply on Monday as traders grappled with the deepening risk of prolonged supply shortages stemming from the U.S.-Israeli war with Iran, now in its sixth week....

OPEC+ is set to lift its collective oil production quota by 206,000 barrels per day (bpd) for May 2026, according to sources familiar with the group’s deliberations,ahead of this weekend’s...