Category: Business

Brent drops below $84 as Hormuz reopening plan calms markets

Oil prices fell to their lowest level since March on Monday after U.S. President Donald...

IMF urges Nigeria to tax telecom services, extend vAT to fuel

The International Monetary Fund has urged Nigeria to introduce excise duties on telecommunications services and...

CSCS profit before tax jumps 115.7% to ₦6.49bn

The Central Securities Clearing System Plc has reported a 115.7 per cent increase in profit...

Amazon CEO triggers US restriction on Anthropic AI models — Report

The decision by the US government to cut off foreign access to Anthropic’s most capable...

Dangote refinery boosts Nigerian crude prices amid global uncertainty

Dangote Petroleum Refinery’s increasing demand for Nigerian crude oil is providing crucial support to the...

ILO adopts first global labour standard for ride-hailing services

The International Labour Organisation has adopted the world’s first global labour standard dedicated to work...

Electric vehicle prices drop globally in 2025, US lags behind

Electric vehicles became more affordable across much of the world in 2025, but the trend...

FG denies cooking gas export claims

A senior official of the Federal Ministry of Petroleum Resources has dismissed allegations that locally...

World Cup set to become largest sports gambling event ever

The global sports gambling industry is banking on the World Cup to reignite growth after...

NGX’s all share index gains 0.6% despite Thursday dip

The Nigerian equities market closed the shortened trading week in positive territory, with the NGX...

Musk crosses historic $1 trillion wealth mark after SpaceX IPO

Elon Musk has become the world’s first trillionaire following SpaceX’s stock market debut on Friday....

Senate pushes capital budget timeline to September

The Senate has approved a three-month extension for the implementation of the capital component of...