Nigeria spent N1.713 trillion on the importation of Premium Motor Spirit, also known as petrol, in 2019, according…

US stocks surged into the close to end a volatile session on Tuesday. Sharp mid-day fluctuations came as…

  The FTSE 100 has seen more than £130bn wiped from the value of its constituent companies within minutes, in a…

Nnewi is not a tier-one city in Africa, and not in Nigeria. Even within Anambra, it is masked by the commercial…

Saudi Arabia rattled the already depressed oil market to its foundation early Monday after unilaterally slashing…

The breathtaking volatility that has rocked the stock market for two weeks is rippling through other asset classes…

Saudi Arabia plans to increase oil output next month, looking to boost it well above 10 million barrels a day, as…

Saudi Aramco shares dropped below their IPO level for the first time as a looming price war in global crude…

Ngozi Okonjo-Iweala, Nigeria’s former minister of finance, was at South Africa’s presidential economic advisory…

Yetunde Oluyide has run a gift shop in bustling Lagos for nearly a decade, but with coronavirus curtailing imports…

Crude oil trading offers excellent opportunities to profit in nearly all market conditions due to its unique…

Stockbrokers are out of fashion in Nigeria. Not a single company registered to become a dealer on the West…

Let’s just say it: The longest economic expansion in U.S. history may already be over, killed by Covid-19. It…

Tech companies have canceled some high-profile conferences, causing an estimated economic loss of $666 million amid…

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…