Category: Business

  Urges prudent use of oil windfall to strengthen economies By Rejoice Peterside The International Monetary Fund has indicated plans to provide up to $50 billion in financial support to…

|By Babatunji Wusu Global oil markets jolted on Monday as crude prices surged sharply following a blockade threat by U.S. President Donald Trump targeting the strategic Strait of Hormuz. Data…

|By Babatunji Wusu Nigeria’s Minister of State for Finance, Taiwo Oyedele, has admitted that the country’s newly implemented tax reform laws contain errors, sparking renewed scrutiny over the legislative process…

|By Babatunji Wusu The Federal Government has rolled out sweeping fiscal reforms, slashing import tariffs across key sectors in a bold move aimed at stimulating economic growth and easing the…

By Babatunji Wusu When Zenith Bank released its audited full-year 2025 results on April 7, 2026, the headline numbers told two very different stories. To some, the 23% drop in…

|By Babatunji Wusu The Nigerian equities market closed lower on Thursday ahead of the Easter holidays, as sustained sell-offs across 24 listed companies erased about N3 billion from the market’s…

|By Babatunji Wusu Nigeria’s foreign reserves have declined by $499.46 million, falling from $50.02 billion to $49.53 billion within a two-week period. Data released by the Central Bank of Nigeria…

By Babatunji Wusu Airtel Africa has achieved a major technological breakthrough by successfully testing data and messaging services using Starlink Mobile technology in Kenya. This landmark trial, conducted in collaboration…

|By Babatunji Wusu Nigeria and Vietnam have recorded the sharpest rise in fuel pump prices globally following the escalation of tensions involving Iran, the United States and Israel in the…

|By Babatunji Wusu Nigeria’s worsening electricity crisis has taken a new turn as power generation companies (GenCos) shut down operations under the weight of a staggering N6.8 trillion debt burden.…