Business & Economy

In a sweeping policy shift aimed at stabilizing Nigeria's troubled power sector, the Federal Government has announced it will no longer shoulder electricity subsidy costs alone, introducing a cost-sharing framework...

Burkina Faso's mining sector achieved unprecedented production levels in 2025, with gold output reaching a record 94 tonnes—a surge of more than 30 tonnes compared to the previous year and...

The Nigerian naira posted a modest gain against the dollar on Monday, opening February trading at ₦ 1,384.5 to the dollar at the official foreign exchange market, in what analysts are...

Oil prices declined for a second consecutive session on Tuesday, as traders reassessed geopolitical risk premiums in light of potential diplomatic breakthroughs between Washington and Tehran, while a strengthening U.S....

The Federation Account Allocation Committee (FAAC) has released N1.969 trillion to the federal, state, and local governments from December 2025 revenue collections, marking a distribution bolstered by a dramatic surge...

The Debt Management Office has commenced the sale of the February 2026 tranche of the Federal Government of Nigeria Savings Bond, offering retail investors interest rates as high as 15.356...

Sterling Financial Holdings Company Plc delivered one of its strongest annual performances on record, posting a near-doubling of pre-tax profit for the financial year ended December 31, 2025, according to...

Nigeria's naira began 2026 on a remarkably positive trajectory, posting its strongest January performance in recent memory as the currency gained ground against the dollar across both official and parallel...

Oil prices plunged nearly 5% on Monday in what traders described as the sharpest single-session decline in over half a year, as President Donald Trump's weekend comments suggesting diplomatic progress...

The U.S. dollar maintained its grip on recent gains on Monday as global financial markets reeled from a dramatic sell-off in precious metals that triggered cascading losses across equity markets...