The first oil refinery shutdowns in India and Europe were announced on Friday while global refinery runs drop like…

Agency says government borrowing levels are set to rise and outlook remains…

Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S.…

Governments across sub-Saharan Africa have closed borders, canceled flights and told citizens to stay indoors to…

South Africa has lost its Moody’s Investment Services investment-grade credit rating more than 25 years after it…

Sitting calmly in front of a bookshelf filled with thick volumes of the “Federal Reserve Bulletin,” Jerome Powell…

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that Nigeria may go into…

Toyota Motor Corp’s, North American unit said on Friday it would produce face shields, ventilators and respirators,…

Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal…

Singer David Adeleke, aka Davido, has said his fiancée, Chioma, has tested positive for coronavirus. The singer…

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help…

Ralph Lauren is to start making medical masks and gowns - the latest designer brand to lend its support to the…

Zimbabwe’s government, which banned use of the dollar nine months ago, has restored the peg its currency had to the…

The United States has asked medical professionals seeking to work in America to apply for a work visa at the…

The pan-European STOXX 600 index started the day about 2% lower, then fell further to trade down 3.7% at 1210 GMT…

Africa's richest man, Aliko Dangote, saw his total net worth drop by $2.5bn in the last 30 days, according to…

An aircraft operated by Air-France KLM on Thursday arrived at the Murtala Muhammed International Airport, Lagos to…

The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators.…

Malaysia’s Karex Bhd (KARE.KL) makes one in every five condoms globally. It has not produced a single condom from…

China has announced a temporary ban on all foreign visitors, even if they have visas or residence permits. The…

A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of…

Supermarket Tesco has said that online shoppers will have their deliveries capped at 80 items from now on. In an…

Prime Minister Boris Johnson has tested positive for coronavirus. Mr Johnson said he developed mild symptoms over…

Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy…

The U.S. Federal Reserve’s balance sheet rocketed past $5 trillion in assets for the first time this week as it…

The Nigeria Centre for Disease Control (NCDC) has confirmed 14 new cases of coronavirus in Nigeria. Total number…

S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more…

Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors…

As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two…

From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York…