Ford Motor Company’s European strategy has come under renewed scrutiny as the automaker prepares to cut 1,000 jobs at its Cologne plant in early 2026. The...
The euro is approaching its strongest level in nearly four years as investors prepare for an anticipated interest rate cut by the U.S. Federal Reserve. On...
Nigeria’s foreign exchange reserves have risen to their highest level since November 2021, driven by stronger oil export earnings and increased foreign portfolio inflows. Data from...
Nigeria’s debt market has emerged as a strong attraction for global portfolio investors as high yields continue to outpace those of most emerging markets. A Bloomberg...
The Central Bank of Nigeria (CBN) may cut interest rates for the first time in five years as easing inflation and a stronger naira create room...
Importers and business operators have welcomed the Federal Government’s suspension of the four per cent Free on Board levy earlier introduced by the Nigeria Customs Service,...
U.S President Donald Trump has taken legal action against The New York Times, filing a $15 billion defamation suit that escalates his ongoing dispute with the...
The Dangote Group has rejected allegations by the Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) that its refinery sells petrol to international traders at...
The Dangote Group has accused some petroleum marketers of engaging in round-tripping practices, diverting petrol produced in Nigeria through neighbouring Togo before re-importing it at inflated...
Nigeria’s two busiest roll-on/roll-off (RoRo) terminals, Ports & Terminal Multipurpose Limited (PTML) and Five Star Logistics, have recorded a historic surge in vehicle importation by handling...