The pound fell 0.7% against the US dollar on Thursday to $1.2280 as growing concerns over the British fiscal outlook and persistent inflationary pressures weighed on...
The global banking sector is predicted to experience significant job cuts amid the rising interest in artificial intelligence (AI) and its growing efficiency. Up to 200,000...
Cocoa futures dropped to their lowest levels in more than a week as traders reassessed their positions following regulatory adjustments by Intercontinental Exchange Inc. (ICE). The...
Brent crude oil, against which Nigerian oil is priced, rebounded about 1% to near $76 a barrel on Thursday after data showed a drawdown in US...
The Nigerian stock market shed N152 billion in market capitalisation following widespread sell-offs in Northern Nigeria Flour Mills (NNFM), Vitafoam Nigeria, and 50 other stocks. At...
The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is set to address long-standing challenges faced...
OpenAI CEO Sam Altman has denied allegations of childhood sexual abuse filed against him by his sister, Annie Altman, in a legal complaint submitted on Monday....
The China Development Bank (CDB) has approved a €245 million ($254.76 million) loan to support the construction of Nigeria’s Kano-Kaduna railway project. In a statement published...
Nigeria’s foreign exchange reserves increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction. Data from the Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN) has disclosed that it injected a total of $1.25 billion into the oil sector for the importation of petroleum products...