Business & Economy

The International Monetary Fund (IMF) is pressing Nigeria to impose excise duties on telecom services and extend VAT to fuel products, moves that would heap even more financial pressure on...

The federal government may soon begin disbursing salaries, pensions, and social welfare benefits through the eNaira, Nigeria's central bank digital currency, under a sweeping new roadmap released by the Central...

SpaceX began trading as a public company on the Nasdaq on Friday, completing what stands as the largest initial public offering in market history. The rocket and satellite company raised...

The naira maintained a relatively calm posture against the US dollar on Friday, as trading across Nigeria's official and unofficial currency channels reflected a market that, for now, appears to...

Oil markets tumbled for a second consecutive session on Friday as traders rushed to price out geopolitical risk premium following President Trump's abrupt decision to stand down from planned military...

OPEC's May output has plunged to its lowest level since 2000, as the escalating confrontation with Iran rapidly reshapes the global energy landscape. The 11-member Organization of the Petroleum Exporting...

The Dangote Petroleum Refinery has been formally valued at $39.1 billion as it moves to raise fresh investment through a private placement, a transaction that has already ignited extraordinary interest...

The Nigerian naira traded steadily on Thursday, holding firm against the US dollar in both the official and parallel markets, as dealers and investors closely monitored liquidity and foreign exchange...

Oil markets swung wildly on Thursday as renewed U.S.-Iran military exchanges drove crude prices sharply higher before a partial pullback exposed the widening disconnect between geopolitical alarm and actual supply...

The International Monetary Fund (IMF) has directed Nigeria to formally regulate stablecoins and other crypto assets, warning that the country's fast-growing digital asset market poses a real threat to financial...