Business & Economy

The GSM Association (GSMA) says global mobile money growth is being undermined by rising inactivity and persistent gender gaps, in spite of record-breaking transaction values. The GSMA disclosed this in...

West African crude oil trade for April-loading cargoes has slowed, despite shortages caused by ‌the Iran war, as sellers reserve barrels for their own refineries unless particularly high bids emerge,...

The GSM Association says widespread deployment of 5G networks has yet to translate into significant revenue growth for mobile operators globally. The association disclosed this in its latest GSMA Intelligence...

US Dollar Capital inflows into Nigeria jumped nearly 90% in 2025, driven ​overwhelmingly by foreign portfolio investment as investors ‌returned to local financial markets to chase high bond yields after...

President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to include electric vehicles (EVs). With the approval, the initiative will now be known...

The Managing Director of the Federal Airports Authority of Nigeria, Mrs. Olubunmi Kuku, has outlined efforts to bridge long-standing infrastructure deficits at Lagos airports. Kuku spoke at a Business Breakfast...

  The financial system is one of the major 'engines' which drives the economy towards achieving its growth potential. It is broadly segmented into the capital market and money market...

Nigeria is seeing stronger demand for its liquefied natural gas cargoes as energy disruptions from the war in the Middle East ​have opened commercial opportunities for the West African producer,...

Trade ministers will meet in Cameroon on Thursday for crucial discussions on reforming the World Trade Organization, as some diplomats and trade officials warn that ​without an agreement, countries may...

...Move will liberalise FX Rules to Boost Market Confidence The Central Bank of Nigeria (CBN) has officially removed the requirement for International Oil Companies (IOCs) to temporarily retain a portion...