Nigeria’s daily oil and gas production slumped during a brief nationwide strike by oil workers’ union PENGASSAN that was called off on Wednesday after government-mediated talks...
Elon Musk on Thursday became the first person estimated to reach a net worth of $500 billion. This is according to U.S. magazine Forbes, which largely...
The new tariffs on pharmaceutical imports into the United States, announced by President Donald Trump for October 1, have been postponed for now, according to government...
Food prices in Abuja recorded mixed movements in September 2025, with some staples dropping significantly while others witnessed fresh increases. Visits to major markets, including Wuse,...
Nigeria spent $2.86 billion on external debt servicing in the first eight months of 2025, new figures from the Central Bank of Nigeria (CBN) have shown....
The local equities sustained its bullish momentum for the fifth consecutive session, as the NGX All Share Index (ASI) rose by 0.19%, to close at 142,979.46...
Nigeria unveiled a multi-pillar mining sector expansion and beneficiation strategy at African Mining Week (AMW) 2025, aimed at shifting the country from exporting raw minerals to...
Five of Nigeria’s lenders, led by Zenith and GTCO, collectively poured N126.8 billion into information technology (IT) in the first half of 2025 in an aggressive...
Nigeria’s current account surplus surged to $5.28 billion in the second quarter of 2025, up from $2.85 billion in Q1, reflecting stronger external sector resilience and...
The Nigerian Exchange (NGX) surged by about N466 billion on Tuesday as Wema Bank listed additional shares in the local bourse. Hence, the All-Share Index (ASI)...
Federal government brokered a truce on Tuesday between the Petroleum and Natural Gas Senior Staff Association of Nigeria and the management of Dangote Petroleum Refinery. This...
Oil prices fell to a 17-week low on Wednesday, down for a third straight day on a U.S. government shutdown fed worries about the global economy,...
The U.S. government entered a shutdown on Wednesday as Democrats and Republican lawmakers failed to reach an agreement on a funding bill for government operations. Funding...
African Development Bank Group and leading representatives of Africa’s private sector have agreed to strengthen dialogue and deepen collaboration to drive the continent’s development. The new...
Standards Organisation of Nigeria states that the global economy loses over $4.7 trillion through fraud every year, equivalent to nearly seven per cent of the annual...