Apple Inc’s smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world’s biggest seller, while those for Huawei plunged as U.S. sanctions took effect. An

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, on Wednesday highlighted the role played by the Declaration of Cooperation (DoC), the group’s framework for supply

Nissan Motor Co said on Wednesday that all of its new vehicle offerings in key markets will be electrified by the early 2030s, as part of its efforts to achieve

Oil prices will average above $50 per barrel in 2021, a more than 21% rise from 2020’s depressed level on the back of the rollout of vaccines and fiscal stimulus

The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update relead on Tuesday has projected that the Nigerian economy will grow by 1.5% this year, slightly lower than

The Central Bank of Nigeria left its monetary policy rate unchanged at 11.5% during its first meeting for the year. All other parameters were maintained. The Cash Reserve Ratio was

Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammed Barkindo, on Monday said the current moves by countries and big investors to divest from the oil and gas

As the Monetary Policy Committee of the Central Bank of Nigeria (CBN) meets on Monday to commence its two-day meeting, the deliberation is expected to be centered around how to

 In line with a fresh directive from the Central Bank of Nigeria (CBN) that all exporters with unrepatriated export proceeds should be barred from accessing all banking services from January

Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.

Stakeholders in Nigeria’s maritime industry have hailed the reappointment of Ms. Hadiza Bala-Usman as Managing Director of the Nigerian Ports Authority (NPA) by President Muhammadu Buhari for a second and

Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package to cushion

The Group Managing Director of Nigeria’s state-owned oil company, the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that there is at least $10 billion worth of investments

A consortium led by Bombardier Transportation has confirmed a deal with the Egyptian Government to build two new monorails thanks to a £1.7bn (about $2.3bn) backing from UK Export Finance (UKEF), the

OPEC Secretary-General, Dr. Sanusi Barkindo, on Tuesday said there was no scientific proof that renewable sources of energy would overtake the use of fossil fuels in future. Speaking at the

The founder of FCMB Group, Chief Olasubomi Balogun, has donated his Otunba Tunwase National Pediatrics Centre (OTNPC) in Ijebu Ode to the University of Ibadan as part of his commitment

Access Bank Plc has unfolded plans to expand to eight more African countries as part of a strategy to support trade and finance in the continent and take advantage of

The International Energy Agency (IEA) has lowered forecasts for global oil demand as renewed lockdowns to contain the Covid-19 pandemic temper the recovery expected this year. In its latest oil

Bank of America Corp posted a drop in fourth-quarter profit on Tuesday that still topped Wall Street expectations and pointed to signs of an economic recovery as the pace of