Business & Economy

Global stock markets wavered on Friday, a day after shares in major US tech firms took a beating and as investors brace for a week of interest rate decisions. Following …

The price of Premium Motor Spirit (PMS) popularly known as petrol has risen amid the continued decline of the naira and growing inflation in the country. Nigerians woke up on …

Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recoded in May 2023. This is according to the latest CPI report released by the National Bureau …

The Federal Government through the Debt Management Office (DMO) has redeemed a $500 million Eurobond on its due date on July 12, 2023. The Eurobond was issued in July 2013 …

The Special Adviser to President Bola Tinubu on Revenue, Zach Adedeji says the government will double the country’s total annual revenue which is currently below N15trn by deepening the nation’s …

French authorities imposed a two-million-euro ($2.2-million) fine on Google on Tuesday over incomplete results in its search engine and app store. The Competition, Consumer and Anti-Fraud Office said the US …

The Federal Inland Revenue Service (FIRS) and the Market Traders Association of Nigeria (MATAN) have teamed up to facilitate the collection and remittance of value added tax (VAT) from its …

Saudi Arabia said on Monday it was extending a voluntary oil production cut of one million barrels per day, and Russia said it was slashing exports by 500,000 bpd. The …

Wall Street stocks advanced early Friday following the latest moderation in US consumer inflation as Apple powered above $3 trillion in market valuation. The personal consumption expenditure index measure of …

The Federal Government says it will discontinue budgetary allocations to professional bodies and councils. In a memo to one of the affected councils dated June 26, 2023, the Budget Office …