Economy
BP Agrees to $350 Million Deal to Resolve Louisiana Oil Spill Disputes
British energy company BP has reached an agreement with the US state of Louisiana to resolve longstanding disputes linked to the 2010 Deepwater...
Nigeria Faces Fresh Petrol Price Hike Risk as Crude Oil Hits $115
Petrol prices in Nigeria could face further increases following a sharp rise in international crude oil prices, with Brent crude climbing to $115.18...
Nigerian Stocks Rebound as Market Capitalisation Rises by ₦924 Billion
Nigeria’s equities market returned to positive territory on Friday, October 23, with investors gaining ₦924 billion as renewed buying interest in major stocks...
US Consumer Sentiment Nears Record Low as Midterm Elections Approach
Consumer sentiment in the United States remained close to a record low in October as rising prices and concerns about purchasing power continued...
IMF Projects Nigeria’s Average Inflation to Fall to 15.6% in 2026
Nigeria’s annual average inflation is projected to fall to 15.6 per cent in 2026 and decline further to 14.7 per cent in 2027,...
IBM Shares Drop as Analysts Question Whether Software Recovery Can Last
Shares of International Business Machines (IBM) fell 6.5% in premarket trading on Thursday, October 22, 2026, as analysts questioned whether the company’s latest...
P&G Warns of $1.4bn Profit Hit From Rising Costs Despite Strong Sales
Procter & Gamble (P&G) has warned that rising raw material, energy and transportation costs will cut its fiscal 2027 profit by about $1.4...
Cash Outside Nigerian Banks Rises to ₦4.92tn as Money Supply Expands
Cash held outside Nigeria’s banking system increased to ₦4.92 trillion in September 2026, rising by ₦48.73 billion from approximately ₦4.87 trillion recorded in...
