Business & Economy

The World Bank has approved a substantial $500 million loan facility aimed at revitalizing Nigeria's micro, small, and medium enterprise sector, a move that could provide critical financial lifelines to...

Gold prices edged lower in Friday trading, succumbing to pressure from a resurgent U.S. dollar and tactical year-end positioning by institutional investors. However, the yellow metal remained on track to...

The Bank of Japan took another decisive step away from its era of ultra-loose monetary policy on Friday, raising interest rates to their highest level in 30 years as the...

Nigeria's Federal Government has recorded an unexpected revenue windfall from the burgeoning digital economy, with electronic transactions generating N222.90 billion in the first half of 2025—far exceeding projections and providing...

Official figures released on Friday exposed deepening cracks in Britain's public finances, with November borrowing far exceeding forecasts—the latest episode in a concerning series of budget shortfalls that is squeezing...

Nigeria's private sector is bracing for a significant upturn in economic activity, with business confidence projected to climb to one of its strongest levels in recent years by mid-2026, according...

Nigeria’s public finances came under intense pressure in the first seven months of 2025as the Federal Government spent nearly three-quarters of its total revenue servicing debts, underscoring the growing burden...

Nigeria's ambitious tax reform agenda faces an unprecedented credibility crisis following explosive allegations that the laws published in the official gazette differ substantially from what the National Assembly actually passed....

As Nigeria's equity market navigates a transforming economic landscape, four heavyweight stocks have been singled out as prime investment opportunities for the coming year, according to a prominent financial advisory...

Nigeria's textile industry faces a deepening crisis as import figures reveal a stark disconnect between government rhetoric and economic reality, with the country spending N814.27 billion on foreign textiles in...