Business & Economy

Oil markets breathed their first real sigh of relief in weeks on Monday, as crude prices tumbled more than 5% after Washington and Tehran stepped back from the brink following...

Lagos took another concrete step this week toward unlocking African Development Bank financing for its long-anticipated Green Line rail corridor, even as transport analysts warned that the project's current design...

The naira closed out the week on a firmer footing against the euro, edging up to N1,557/€1 from N1,570/€1 in the previous session, according to the latest data from the...

China lashed out at Washington on Friday over a fresh round of US tariffs targeting Beijing and 59 other trading partners, accusing the Trump administration of reviving unilateral trade measures...

The naira closed largely unchanged on Friday, trading at ₦1,369.92 to the dollar on the official market, as Nigeria's currency continued to defy the volatility that has long defined its...

Oil markets pulled back on Friday after a blistering rally, but crude was still on pace for one of its steepest weekly gains in years as traders weighed the risk...

Dangote Petroleum Refinery and Petrochemicals has officially closed a $2.5 billion private equity placement, a transaction the company says ranks among the largest publicly disclosed primary equity raises ever executed...

Zenith Bank Plc has once again asserted its position at the pinnacle of African banking, walking away with two of the industry's most coveted honors, "Africa's Best Bank" and "Nigeria's...

The Nigerian naira put in a relatively composed performance against the United States dollar on Thursday, trading at ₦1,371.36 at the official Nigerian Foreign Exchange Market (NFEM), even as the...

Oil prices jumped on Thursday for a fifth straight day as the escalating U.S.-Iran conflict pushed two vital shipping corridors toward closure, with traders racing to price in the risk...