Business

Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency. Fitch revised the Outlook on the Bank’s Long term Issuer Default Rating (IDR) from Negative to Stable citing the...

The Dollar Index found comfort within a tight range with 96.00 acting as a tough support during trading on Friday ahead of the heavily anticipated US CPI report that may offer clarity on the health of the US economy....

Oil prices were steady on Friday, on track for second consecutive weekly gain, after data from top energy consumers the United States and China boosted the oil demand outlook. Traders and investors were also on the look out for a...

Citigroup Inc (C.N) beat Wall Street expectations on Friday with a smaller-than-expected drop in second-quarter profit as a rebound in trading activity partly offset the effects of persistently low U.S. interest rates. Like its rivals, Citigroup saw a spike in...

Less than a month after voting to leave the European Union, the U.K. now has a new Prime Minister, and a new cabinet. While this change was faster than markets’ expectation, the question remains - will the BoE move...

SAN FRANCISCO, July 14, (THEWILL) – The Market Capitalisation of the Nigerian Stock Exchange (NSE) on Thursday lost N9 billion or 0.10 per cent to close at N9.858 trillion compared with N9.867 trillion recorded on Wednesday. Similarly, the All-Share Index...

Shares rose in Europe and Asia on Monday and the safe-haven yen tumbled against the dollar after upbeat U.S. jobs data, though the prospect of more stimulus to counter a weak global growth outlook kept low-risk sovereign bond yields...

Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs. Brent crude LCOc1 was trading at $46.43 per barrel...

Airbus (AIR.PA) and Boeing (BA.N) raised their long-term forecasts for new aircraft demand on Monday, betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy. The world's two biggest...

South Korea's environment ministry said on Monday it will decide later this month whether to revoke the certification of 32 vehicle models made by Volkswagen (VOWG_p.DE) after prosecutors accused the German carmaker of fabricating documents on emissions and noise-level...