Business & Economy

The Chinese arm of German luxury automaker BMW is recalling 179,527 vehicles in the country after regulators identified a wiring flaw in the front-cabin air conditioning system that could damage...

The Bank of Israel has delivered a sobering verdict on the cost of two years of unrelenting conflict: the bank said that Israel has lost roughly $57 billion, which is...

Residents and businesses in Lagos woke up to another day of flickering lights and silent generators on Tuesday, as Ikeja Electric confirmed a sharp drop in electricity supply caused by...

The Nigerian naira faced renewed pressure in the opening hours of Tuesday’s trading session, retreating by 2.48% as corporate demand for the greenback surged. Data from the Nigerian Foreign Exchange...

The World Economic Forum has postponed its April 2026 Jeddah summit amid Iran-linked regional tensions, a move that mirrors a broader retreat by global institutions from an increasingly unstable Middle...

The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled a bold $5 billion investment plan aimed at transforming the Niger Delta's economy over the next...

Gold partially recovered on Tuesday after cratering more than 2%, as investors wrestled with a worsening Middle East crisis and conflicting signals from U.S.-Iran diplomatic exchanges. Spot gold clawed back...

Oil prices rebounded sharply on Tuesday after Iran flatly denied holding talks with Washington, contradicting Trump's claims of an imminent diplomatic breakthrough. Brent crude futures surged $2.89, or 2.9%, to...

The Nigerian stocks market has entered a high-stakes consolidation phase after the NGX All-Share Index (ASI) surged past the 200,000-point milestone. The ASI closed Monday at 199,014.02 points, down from...

Global oil markets were rocked on Monday by the sharpest single-day drop in years after President Donald Trump announced he was postponing planned U.S. military strikes on Iranian power plants...