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Business
Gold hits record high, oil prices slide
Gold reached a record high on Friday as global stock markets showed mixed performance. Wall Street experienced profit-taking,…
Recapitalisation: Banks doing well, all offers received from them approved…
The Securities and Exchange Commission (SEC) says it has approved all the offers it received from commercial banks amid the…
Naira depreciate to N1,595/$ in parallel market
The Naira, yesterday, depreciated in the parallel market, falling to N1,595 per dollar from N1,590 per dollar on…
China firm claims world’s fastest-charging EV battery
Chinese car maker Zeekr claims that its new electric vehicle (EV) batteries charge faster than those of any competitors,…
UK Inflation rate rises for first time this year to 2.2%
The UK's inflation rate has increased for the first time this year, according to official figures.
Prices overall rose by…
Dangote refinery speaks on pegging petrol pump price at N600/litre
The Dangote Petroleum Refinery has denied fixing its petrol price.
Reports had claimed that oil marketers projected that petrol…
‘It’ll stifle our growth and innovation,’ Bank Directors…
The Bank Directors Association of Nigeria (BDAN) has said the recently imposed 70 percent windfall tax on banks’ earnings from…
Elon Musk hosts friendly chat with Trump on X after tech delays
Elon Musk's highly anticipated discussion with Republican presidential candidate Donald Trump on Musk's platform, X, was…
License revocation: Why we’re yet to reimburse some insured…
The Nigeria Deposit Insurance Corporation (NDIC) has explained the delay in reimbursement of some insured depositors of the…
2026: Afreximbank plans to double intra-African trade financing to $40b
African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20 billion in 2021 to $40…