Business & Economy

Airtel Africa has repurchased a total of 40.93 million shares at an aggregate average price of 152.24 pence per share, marking steady progress in the first tranche of its $100...

The Rivers State Executive Council has approved a ₦1.85 trillion budget proposal for the 2026 fiscal year, signaling the state government’s spending priorities amid lingering economic pressures and rising development...

The naira opened the 2026 trading year on a slightly weaker footing at the official foreign exchange market, easing to N1,431 per dollar on Friday, January 2, as trading resumed...

Nigeria's aviation industry faced headwinds in December 2025, recording a notable contraction even as its position as Africa's fifth-largest airline market remained intact, according to newly released data from OAG's...

Wall Street wrapped up a lackluster first trading session of 2026 on Friday, with investors navigating thin holiday volumes and positioning themselves for what promises to be a year dominated...

Nigeria's domestic economic activity has registered its strongest performance in approximately five years, according to the latest Purchasing Managers' Index released by the Central Bank of Nigeria, providing fresh evidence...

Global oil markets began the new year on a tentative note on Friday, posting marginal gains after suffering their worst annual performance in five years, as traders weighed intensifying geopolitical...

Nigeria's banking sector has crossed a critical regulatory threshold, with non-performing loans climbing to 7% in 2025, breaching the Central Bank of Nigeria's prudential limit of 5% for the first...

The Nigerian National Petroleum Company (NNPC) has unveiled an aggressive turnaround strategy aimed at reversing years of production decline and attracting billions in fresh capital to the country's struggling petroleum...

President Bola Ahmed Tinubu has delivered an optimistic assessment of Nigeria's economic trajectory, promising Nigerians that inflation will continue its downward trend in 2026 as his administration doubles down on...