Business

Africa witnessed a significant rise in the number of high-net-worth individuals in 2025, with new data showing the continent recorded its strongest annual growth in millionaire numbers…
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The Nigerian equities market ended the week on a positive note, recovering from recent losses as renewed investor demand pushed share prices higher across major sectors. Market…
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Chinese-owned e-commerce platform Temu has been fined €200 million ($232 million) by European Union regulators after an investigation found the company failed to adequately prevent the…
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Iranian President Masoud Pezeshkian has directed authorities to restore international internet access across the country following months of heavy restrictions linked to regional…
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The Nigerian stock market closed lower after investors engaged in profit-taking across several major blue-chip and mid-cap stocks following weeks of sustained gains. Market data from…
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The Nigerian naira recorded a modest appreciation in the parallel foreign exchange market, trading at N1,376 against the U.S. dollar. The improvement reflects a slight recovery in…
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The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has emphasized the need for stronger collaboration among government agencies…
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Nigeria experienced a significant slowdown in oil exploration activities in April 2026, following a sharp decline in the number of active drilling rigs, according to figures released by…
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Nigeria’s capital market will officially transition to a T+1 settlement cycle from June 1, 2026, according to the Securities and Exchange Commission (SEC). The new system means that…
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Nigeria recorded a sharp decline in oil exploration activities in April 2026, with the number of active drilling rigs falling by 41.7 percent, according to new data released by the…
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