Business

CBN holds interest rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the benchmark interest rate at 26.5 per cent. Briefing journalists at the end of the 306th MPC meeting in Abuja on Tuesday, the CBN Governor, Mr…

Ice retreats in Siberia give way to greenhouse gases emissions, Tomsk scientists say

The spring ice meltdown provokes a sharp release of carbon accumulated over the cold season

Trump’s new 50 percent Canada tariffs: What products are affected and why?

US leader imposes new sweeping tariffs on Canada, straining already tense ties with its second-largest trading partner.

Greer hints new Trump tariffs coming on dozens of countries: 'Expect action soon'

U.S. Trade Representative Jamieson Greer's comments the Trump administration could impose new tariffs just as other duties are set to expire.

Time to buy the dip in momentum stocks after a punishing July drawdown? Here’s what history tells us.

Investors who can stomach a little short-term volatility are often rewarded.

Fire guts 17 shops in Lagos market

A fire outbreak in the early hours of Tuesday destroyed 17 containerised lock-up shops at Sabo Market in Ikorodu, Lagos State, before firefighters brought the blaze under control. The Lagos State Fire and Rescue Service, in a statement…

Asia’s oil buyers face US$100-per-barrel risk as Houthis threaten Saudi blockade

Asia’s oil buyers are facing the risk of a second maritime chokepoint being disrupted after Iran-aligned Houthi militants threatened to impose a naval blockade on Saudi Arabia, even as shipments through the Strait of Hormuz remain severely…

SBI Funds Management makes market debut at 7% premium, below grey-market expectations

BofA enhances AI-powered tool to resolve client needs faster

Ryanair broken window may have been caused by 'foreign object'

Passenger Ljubisa Karović was partially sucked out of a cabin window on the Boeing aircraft.

Kalshi Seeks Approval for Perpetual Futures Tied to Gold, Silver

Kalshi Inc. is seeking approval to expand precious-metals trading on its platform with a popular type of derivative that never expires for gold, silver and platinum.

Inflation expectations in Russia up to 14.7% in July from 12.4% in June — regulator

According to the regulator, observed inflation grew to 15.1% in the reporting period from 14.2% last month