Busola Aro

The World Bank says the ongoing conflict in the Middle East could slow global economic growth to its weakest pace since the COVID-19 pandemic, as rising energy prices fuel inflation and increase borrowing costs across countries.

The World Bank has announced plans to provide up to $100 billion in support for developing countries should the war involving Iran, United States and Israel, as well as the economic fallout from the conflict persists.

The World Bank has retained its projection for Nigeria's economic growth rate for 2026 at 4.1 percent.

Elon Musk, chief executive officer (CEO) of Tesla, has become the world's first trillionaire after the successful initial public offering (IPO) of SpaceX.

Stay connected via Google News Stakeholders have called for greater political participation and representation of young women, saying

Global crude oil price dropped to $82 a barrel on Monday as the United States, Israel, and Iran reached a deal to end the Middle East war on all fronts including Lebanon, and reopen the vital Strait of Hormuz.

Here are the top business stories and events to track this week — June 15 to June 20.

Nigeria generated N2.42 trillion revenue from value-added tax (VAT) in the first quarter (Q1) of 2026.

The Central Bank of Nigeria (CBN) has introduced new measures aimed at curbing market concentration in the country's payments ecosystem, including limits on the market share operators can hold across card issuing and merchant acquiring services.

The Central Bank of Nigeria (CBN) has introduced new measures aimed at curbing market concentration in the country's payments ecosystem, including limits on the market share operators can hold across card issuing and merchant acquiring services.