Europe to Battle with US for Aluminium
European and U.S. buyers are poised to fiercely compete for aluminium from Middle Eastern sources if the European Union moves…
Day: March 4, 2024
Bitcoin Bursts Above $65,000, Record High Comes into View
Bitcoin soared to a two-year high on Monday, surpassing $65,000 fueled by a surge of investment that brought it close…
EU Fines Apple $2 Billion for App Store Antitrust Violation
Brussels levied a historic fine of 1.84 billion euros ($2 billion) against Apple (AAPL.O) on Monday, marking the tech giant’s…
EU Countries Split Over Support for Nuclear Energy
Divergent views on nuclear energy policy among European Union member states were on display Monday, with France spearheading one camp…
Valero Joins Summit’s Carbon Capture Project
Valero Energy Corp (VLO.N) has partnered with Iowa-based Summit Carbon Solutions in its proposed carbon-capture and storage project, as announced…
EU Pushes for Fossil Fuel Industry Contribution to Climate Finance
The European Union (EU) is poised to advocate for the fossil fuel industry to contribute to funding efforts aimed at…
Blackwells Capital Calls for Stronger Strategy, Disney Seeks Board Seats
Investor Blackwells Capital has highlighted concerns over Walt Disney’s performance, citing the lack of a robust content and technology strategy,…
Exor Acquires 10.1% Stake in Clarivate, With Potential Increase to 17.5%
Italy’s Agnelli family, through its investment arm Exor, has acquired a 10.1% stake in Clarivate, a New York-listed information services…
U.S. Funding Legislation Blocks China from Buying Oil from Strategic Petroleum Reserve
The funding legislation introduced by congressional leaders on Sunday includes a provision to prevent China from purchasing oil from the…
FCMB Charges Accountants on Transparency
The Managing Director of First City Monument Bank (FCMB), Mrs. Yemisi Edun, emphasized the importance of sustainability accounting during her…
FCT residents loot NEMA warehouse
Residents of the Federal Capital Territory (FCT) reportedly looted a warehouse belonging to the National Emergency Management Agency (NEMA) due…
Lagos State to Implement Monthly Rental Scheme by End of 2024
Barakat Odunuga-Bakare, the Special Adviser to the Lagos State Governor on Housing, announced plans to enforce the state’s monthly rental…
Qatar Airways and Access Bank to Offer Flight Discounts Across Africa
Qatar Airways has joined forces with Access Bank to provide discounts on flights to the bank’s customers across Africa. According…
NICA Advocates for Inclusive Credit System for Students
The National Institute of Credit Administration (NICA) has urged for the establishment of a credit system that extends access to…
Equity Market Investors Lose N1.55tn
In February, investors in the Nigerian equity market suffered significant losses amounting to approximately N1.55 trillion due to the allure…
Africa Prudential Plc Appoints First Female CEO
Africa Prudential Plc, the pioneering registrar listed on the Nigerian Exchange, has named Catherine Nwosu as its first female Chief…
Senate to Probe N30tn Loan Spent by Buhari’s Administration
The Senate has announced plans to question officials from the Central Bank of Nigeria (CBN) regarding the utilization of the…
African Share of Global Trade Remains Below 3%: Report”
According to a report assessing progress on regional integration in Africa by the Economic Commission for Africa (ECA), the continent’s…
EFCC Uncovers Fresh N17bn Fraud Linked to Ministry of Humanitarian Affairs
Allegations of fraud within the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development continue to escalate as the…