Business

In a bid to reduce government waste, U.S. President Donald Trump announced on Sunday that he has directed the Treasury to halt the production of penny coins, citing their high …

President Donald Trump revealed on Sunday that the United States will impose a 25% tariff on steel and aluminum imports this week, marking the latest in a series of trade …

The Nigeria Civil Aviation Authority (NCAA) announced on Friday the revocation of the Air Operator Certificates (AOCs) of Eastwind Aviation Logistics Services Limited and Omni-Blu Aviation. In a statement posted …

The Central Bank of Nigeria (CBN) has announced the approval for the release of the Nigerian Foreign Exchange (FX) Code. This Code is intended to serve as a guideline to …

The Federal Government has announced that the Presidential Compressed Natural Gas (CNG) initiative has attracted $175 million in private sector investments towards critical infrastructure over the past year. This update …

The Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Moji Adeyeye, has debunked rumors suggesting that the agency has warned Nigerians against consuming bread. …

Oil prices remained stable on Thursday after a four-day decline, supported by a drop in US fuel inventories. Brent crude futures rose by 31 cents, or 0.41%, to $76.36 per …

Oando Plc has completed the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. The deal, finalized on Thursday, significantly strengthens Oando’s position …

Fidelity Bank has rejected the allegations made by the Nigerian Data Protection Commission (NDPC) regarding a data breach, which led to the imposition of a N555.8 million fine. The bank, …

The Federal Reserve decided to keep interest rates unchanged on Wednesday but signaled the possibility of lowering borrowing costs as soon as its next meeting in September, given that inflation …