The Republics of Togo, Niger and Benin owe Nigeria a total of N29.97bn for the electricity supplied to them from…

OPEC may not survive to celebrate its own 60th birthday later this year. Saudi Arabia’s decision to abandon output…

The Debt Management Office on Monday raised the alarm that the outbreak of coronavirus was threatening the…

Oil prices have suffered their biggest fall since the day in 1991 when American forces launched air strikes on…

Major world airlines on Monday announced further deep cuts to service as the worsening coronavirus crisis ravages…

Amazon has said it will hire 100,000 warehouse and delivery workers in the US to deal with a surge in sales during…

South Africa’s benchmark stock index fell to the lowest since July 2013 after President Cyril Ramaphosa’s…

China’s growth streak has lasted for decades, surviving the crackdown at Tiananmen Square, the global financial…

France’s antitrust regulator on Monday fined Apple 1.1 billion euros, or $1.2 billion, putting more pressure on…

Global stock markets have sunk again despite central banks around the world announcing a co-ordinated effort to…

Chinese billionaire and Alibaba co-founder Jack Ma pledged to donate over 1 million coronavirus tests to Africa on…

Italy approved 25 billion euros ($28 billion) of spending measures on Monday to help the fragile economy survive…

Nigerian government will delay this year’s issuance of the $3.3bn it had initially planned because “the time is not…

Nike Inc’s (NKE.N) revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant…

Egypt will halt all air traffic at its airports from Thursday until March 31 to prevent the spread of coronavirus

March 16, 2020 The Corona Virus (COVID 19) pandemic is having significant adverse consequences for both the…

The Central Bank of Nigeria (CBN) has directed all deposit money banks in the country to restructure loan terms and…

Barely one hour into stock trading session on Monday March 16, investors were seen snapping value stocks that are…

Zenith Bank has limited the monthly international withdrawal limit on its Naira cards to $1,000 per month,…

LVMH said it will use all the production facilities of its perfumes and cosmetics brands to produce large…

The foreign exchange market resumed on Monday, 16th March, with dollar selling at N380/$ in some area of Lagos.…

The Italian government ordered a nationwide lockdown last week. But supply chain problems have emerged to the…

Sanwo-Olu,  who visited the scene on Monday morning, also announced a N2 billion relief fund to cushion the effect…

Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn…

The coordinated response from the Fed to the European Central Bank (ECB) and the Bank of Japan (BOJ) came amid a…

Gold jumped in early Asian trading after the Federal Reserve cut its benchmark interest rate by a full percentage…

Ghana is closing its borders to travelers from countries with more than 200 cases of the coronavirus as the West…

In a bold, emergency action to support the economy during the coronavirus pandemic, the Federal Reserve on Sunday…

Yesterday, the United Kingdom’s Chancellor, Rishi Sunak, whilst delivering the government’s budget plans announced…

Apple will close all stores outside of Greater China until March 27 to help stop the spread of coronavirus, Apple…