When markets are in turmoil, traders turn to their favourite hedges. They’re going for a classic form of…

South Africa’s rand traded slightly firmer early on Friday, recovering from a sharp dip in the previous session…

Fashion house, Gucci, has cancelled its Cruise 2021 show due to the ongoing Corona virus (covid-19) outbreak.…

Coronation Merchant Bank Limited on Thursday announced a profit after tax of N5.09 billion for the financial year…

Foreign Direct Investment (FDI) into Nigeria may have returned to the downward trend after a mild recovery in 2018.…

Global stock markets have fallen sharply as investors continue to worry about the broader economic effects of the…

Standard Chartered (StanChart) has grown its full year 2019 profit by eight per cent and improved earnings per…

Unity Bank Plc has launched an Unstructured Supplementary Service Data, USSD banking in Nigeria’s three major…

Stanbic IBTC Holdings Plc recorded a net profit of N75.04 billion in 2019 as the financial holding company…

Union Bank of Nigeria (UBN) Plc on Thursday announced a dividend recommendation of about N7.3 billion for the 2019…

From Wuhan, one of China’s most populous cities, the 2019 novel Coronavirus (2019-nCoV) has now spread to 74 more…

US stock markets closed sharply lower again on Thursday as fears about fallout from the virus outbreak sent more…

Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey said on Thursday he is reconsidering a proposed stint in…

OPEC holds crunch talks with its allies on Friday after the group told Russia and others it wanted an additional…

Brazil’s currency is weakening so quickly the central bank may soon be forced to set aside its free-market…

The International Monetary Fund is to offer $50bn (£39bn) in emergency funding for countries hit by the…

A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the port in…

The incoming governor of the Bank of England, Andrew Bailey, has called on the government to offer emergency…

The Central Bank of Nigeria (CBN) has widened the permissible activities of Micro Finance Banks (MfBs) to include…

The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue…

South Africa’s central bank sees no need for an emergency meeting on interest rates and will wait for its regular…

Nigeria’s Senate approved President Muhammadu Buhari’s plan to borrow $22.7 billion from external creditors to…

THE board and management of Vitafoam Nigeria Plc yesterday reassured shareholders and other stakeholders that the…

A Lagos High Court has set aside the arbitral tribunal award, which dismissed Global Gas and Refining Limited’s…

ZENITH Bank Plc has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker…

Local transportation of  goods from  Apapa and Tincan Island ports in Lagos  costs up to 10 times higher  than the…

Ikeja Electric Plc, one of the nation’s power distribution companies, has announced the appointment of Mrs Folake…

The President, Major General Muhammadu Buhari (retd.),  has approved the appointment of Bashir Jamoh as the…

THE issuance of a sovereign guarantee to the tune of 85 per cent of the Engineering Procurement and Construction…

The fast-spreading coronavirus from China is threatening Nigeria’s main source of revenue – oil. To this end,…