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Nigeria’s United Bank for Africa (UBA) said Tuesday it had made a provision on loans made to 9mobile, one of...

Crude prices plunged Tuesday as the market struggles with the shutdown of some 13 percent of refining capacity in the...

Ogbonnaya Onu, Nigeria's Minister of Science and Technology says the present administration will ensure that Nigeria saves up to N3...

U.S. crude oil futures fell more than 3 percent Monday but gasoline prices surged to two-year highs as Tropical Storm...

The country’s inflation as measured by Consumer Price Index (CPI), further dropped to 16.05 percent in July from 16.10 percent...

A devaluation of the Nigerian naira will be a key risk to the sustainability of the country’s foreign debt, PricewaterhouseCoopers (PWC),...

EuroMena Funds, a Beirut-based private-equity firm that has raised $350 million since 2006, plans to almost double assets as it...

Oil markets were roiled Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the weekend, crippling...

China's government led by President Xi Jinping approved the merger of Shenhua Group Corp., the country’s top coal miner, with China Guodian...

The world’s two most powerful central bankers Friday delivered back-to-back warnings against dismantling tough post-crisis financial rules that the Trump...