Business

 The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday, providing a…

Bitcoin's price surged past $50,000 on Monday for the first time since May, although its rebound from a months-long…

 Energy and technology stocks powered the S&P 500 and the Nasdaq to record highs on Monday as investors…

 Nvidia Corp's (NVDA.O) planned $40 billion acquisition of British chip designer ARM hit a major hurdle on Friday…

Federal Reserve Chair Jerome Powell will speak on "the economic outlook" at next week's Jackson Hole, Wyoming…

Microsoft Corp (MSFT.O) has invested $5 million in SoftBank-backed Oyo, according to a regulatory filing, ahead of…

Deere & Co (DE.N) on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street…

The signing into law of the Petroleum Industry Bill (PIB) by President Muhammadu Buhari has continued to elicit…

The Federal Ministry of Communications and Digital Economy and its departments and agencies have…

Oil prices came off three-month lows on Friday but were on track for a weekly decline of around 6% as new lockdowns…

Without an active conversion industry for vehicles and other machinery, the core mandate of the Nigerian…

Oil was up Friday morning in Asia, climbing up from three-month lows. However, the black liquid was set…

The Federal Government says from the 10 demands put forward to lift Twitter suspension, the microblogging and…

EUR/USD rebounds and USD/JPY pivots lower. This follows the release of FOMC minutes just now, which seems to have…

The Canadian dollar fell on Thursday for a fourth day against its broadly stronger U.S. counterpart, as investors…

The number of companies across the different sectors of the Nigerian economy adopting emerging technologies like…

The Naira weakened for a second trading session at the unregulated segment of the foreign exchange (forex) market…

The House of Representatives yesterday expressed displeasure over the way some Ministries, Departments and Agencies…

Suddenly the naira shot through to five hundred and twenty five to the dollar at the unencumbered parallel market…

Sterling touched a new one-month low against a robust dollar on Friday and also slipped to a one-month low against…

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has…

President, Shippers Association of Lagos (SAL), Rev. Jonathan Nicol has said that Nigerian shippers are going…

Financial regulators across the world have targeted major cryptocurrency exchange Binance. Some have banned the…

U.S. department store chains Macy's Inc (M.N) and Kohl's Corp (KSS.N) are leaning on a strong back-to-school season…

SoftBank Group Corp (9984.T) sold 11.4 million shares of food delivery company DoorDash Inc (DASH.N), marketed via…

The United Arab Emirates (UAE) has approved visa-on-arrival for passport holders from 70 countries except Nigeria,…

The euro is on the cusp of breaking new lows against major global peers, weighed down by the prospect of prolonged…

China’s digital yuan will help banks become more competitive in the payments sector after steadily losing out to…

The dollar index, which measures the U.S. currency’s performance against six rivals, extended gains in early London…

Sterling hit its lowest in a month against the dollar on Thursday as a pull-back in global stock markets saw a bid…