UK mortgage affordability hits 18-year high as repayments exceed income threshold
United Kingdom homebuyers are experiencing the toughest mortgage affordability pressures in nearly two decades, though the impact varies widely across the country,…
Business
Trump’s World Liberty Financial sues crypto entrepreneur for defamation
World Liberty Financial, the crypto venture co-founded by Donald Trump and his sons, said on Monday it has filed a defamation lawsuit…
Private sector confidence rises as agriculture drives April recovery
Nigeria’s private sector maintained its recovery momentum in April 2026 as the Nigerian Economic Summit Group reported that its Business Confidence Monitor…
Nestoil to sue First Bank, media houses over ‘false dividend suspension’ reports
Nestoil Limited has dismissed recent media reports suggesting that banks’ suspension of dividend payments was linked to an alleged debt owed by…
Maersk confirms safe passage of ship through Hormuz under US escort
Danish shipping company Maersk has confirmed that one of its commercial vessels has safely passed through the strategically important Strait of Hormuz…
NNPCL, Chinese firms partner to revive Warri, Port Harcourt refineries
The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with two Chinese firms aimed at restarting and expanding the…
Victoria Island leads Lagos hotel boom with 10 of 33 projects
Victoria Island accounts for 10 of the 33 planned hotel chain projects in Lagos’ pipeline for 2026, ranking as the highest-performing submarket…
UPS, FedEx shares plunge after Amazon expands supply chain services
Shares of logistics heavyweights UPS and FedEx tumbled on Monday after Amazon unveiled plans to open its supply chain network to outside…
NIS denies religious organisation listed on passport portal
The Nigeria Immigration Service has dismissed reports alleging that the name of a religious organisation appears on its official passport payment portal,…
US military to escort stranded ships through Hormuz
President Donald Trump said the United States will assist vessels stranded in the Persian Gulf in passing through the Strait of Hormuz,…
Dangote didn’t borrow money from friends for refinery – Otedola
Billionaire businessman Femi Otedola has denied reports claiming he requested a special allocation from Aliko Dangote in the planned initial public offering…
US reverses visa policy, allows Nigerian doctors to resume applications
Nigerian doctors are set to benefit from a policy reversal in the United States that allows physicians to resume visa applications and…