Business

The Bank of England has warned of a "material risk" to financial stability as it made a fresh emergency move to try to calm markets.Bank of EnglandIt said it would…

Very popular and busy market in the Lagos Island area of Lagos State was gutted by fire on Sunday morning.Balogun Market in Lagos on fireEyewitnesses disclosed that the fire started…

The management of Dangote Cement Plc has appealed to all its staff and customers to remain calm while the company explores all possible legal steps to address the illegal shutdown…

In its quest to further diversify its economy, the Federal Government of Nigeria has made the decision to explore resources worth $1.5 trillion in the Deep Blue Sea.The United Nations…

Turkish annual inflation climbed to a new 24-year high of 83.45% in September, official data showed on Monday, below forecast, after the central bank surprised markets by cutting rates twice…

The Federal Government will soon officially announce the proposed Ondo Sea Port facility as a Deep Sea Port, to disclose commencement of other processes at the facility, said Mu’azu Sambo, Minister…

The Bank of England has said it will step in to calm markets after the government's tax-cutting plans sparked a fall in the pound and caused borrowing costs to surge.Bank…

The introduction of new British banknotes and stamps featuring King Charles III’s image will be implemented gradually.King Charles III. Formerly Prince of Wales. Photo: Ben Stansall/PA via FINANCIAL TIMESThe Royal…

The National Assembly has summoned the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to appear…

An explosion carried out by suspected vandals on a gas pipeline belonging to Nigeria Agip Oil Company (AGIP)in Bayelsa has allegedly reduced export feed to the Nigeria Liquefied Natural Gas…

The British government formally lifted a ban on fracking for shale gas in England and has confirmed support for new oil and gas licensing round.Oil and Gas. Photo: midwesternIn a…

YouTube unveiled a new way for creators to earn money from short-form videos as competition from Chinese short-form video hosting service TikTok intensifies.YouTube Shorts. Photo: varietyOn Tuesday, the google-owned streaming…

The Nigerian Government has recovered a total of N2.6 Trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) and National Assembly intervention.Nigeria Extractive Industries Transparency InitiativeNEITI…

Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producer, a report by the Organisation of the Petroleum Exporting Countries (OPEC) has indicatedAngola ans Libya have overtaken Nigeria…

The Drivers' Patrol Team of Dangote Group, in a fresh action to weed out corrupt drivers who involve themselves in illegal haulage activities coupled with others and constituted themselves as…

The Central Bank of Nigeria's (CBN's) plan of an efficient system of payment via the introduction of the e-Naira and its implementation is a praiseworthy endeavour that is heightening the…

To erect billboards and paste posters in Kogi State, Presidential candidates are to pay a whooping ₦10million.This is coming after the passage of the State’s Signage Agency Establishment Law by the House…

Whatsapp is rolling out a feature that lets other users delete your texts.WhatsApp LogoThe new feature means that messages you’ve sent could vanish from chats even if you haven’t deleted…

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently instruct Mr Lai Mohammed, Minister of Information and Culture, and the National Broadcasting Commission (NBC) to urgently…

Minorities have been drafted into forced labour in China’s Xinjiang region in sectors such as agriculture and manufacturing, a report by an independent UN expert has concluded, in what it…