December, Iran will be allowed to re-open its crude oil market to the world after it sealed a “historic nuclear deal” with world powers—the US,...

Hindsight is always 20/20, but many of us shouldn’t have been surprised that the boom in American oil production would eventually lead to a drastic...

JULUIS JOHN Nigeria’s struggling textile firms are currently battling production costs that have continued to rise in the face of an increasingly tougher business environment....

FUNSO OLOJO Indigenous ship owners have dismissed the controversial Cabotage vessels Financing Funds(CVFF) as a misplaced priority by government in view of lack of jobs to...

The dollar rose to a three-month high after Federal Reserve Chair Janet Yellen said the U.S. is on track to raise interest rates this year,...
Moody’s Investors Service, an accomplished and highly respected international ratings agency has further confirmed the resilience of Sterling Bank in Nigeria’s competitive banking sector...
Contrary to the Central Bank of Nigeria’s (CBN) stance that it would continue to defend the nation’s currency, ratings agency Standard & Poor’s yesterday advised...

Already, the economy is facing serious challenges in terms of capacity utilization, unemployment, unstable power supply and high interest rates, which compound the problems of...
The country’s consumer inflation rose by 0.2 percentage points to 9.2 percent in June compared with the same month last year. The latest rise is...