Business & Economy

The precious metals market plunged deeper into chaos on Monday as the emergency margin requirement increase by CME Group amplified a historic selloff that began with President Trump's nomination of...

The Socio-Economic Rights and Accountability Project (SERAP) has initiated legal proceedings against the Nigerian National Petroleum Company Limited (NNPCL), seeking to compel the state oil firm to account for billions...

Transcorp Hotels Plc has delivered a landmark financial performance for the 2025 fiscal year, recording historic revenue of ₦97.04 billion, marking a substantial 38 percent increase from the ₦70.13 billion...

In a strategic move that signals Africa's largest conglomerate's accelerating continental ambitions, the Dangote Group has formalized a sweeping cooperation agreement with XCMG Construction Machinery Co. Ltd., positioning the partnership...

The African Development Bank (AfDB) has approved a $3.9 million technical assistance package aimed at transforming electricity access commitments into tangible connections across 13 African nations, marking a critical step...

The Lagos State Internal Revenue Service (LIRS) has given employers breathing room—but only just—announcing a one-week extension for annual tax return submissions as the agency prepares to wield stronger enforcement...

Nigeria's naira continued its upward trajectory on Thursday, appreciating to N1,385 against the US dollar in the official market, marking the latest chapter in a sustained rally that has seen...

Gold endured a steep decline on Friday, dropping over 4% amid market turbulence triggered by rumors of an impending Federal Reserve leadership shake-up, yet the metal still looks set to...

President Donald Trump escalated his administration's economic warfare against Cuba on Thursday, signing an executive order that threatens to impose additional tariffs on any nation selling oil to the communist-led...

Moniepoint Microfinance Bank has emerged as a dominant force in Nigeria's digital payments landscape, processing a staggering ₦412 trillion worth of transactions while disbursing over ₦1 trillion in loans throughout...