China’s exports likely swung back to contraction in March
A Reuters poll conducted on Thursday suggests that China’s exports likely declined in March, following a period of better-than-expected growth…
Day: April 11, 2024
Nike pins hopes on Olympics to win back market share
The company will outfit athletes from various countries, including the United States, Canada, China, Kenya, Germany, Uganda, and more, across…
US bets on climate friendly farming, plan raises doubts
President Joe Biden’s administration is incentivizing farmers to adopt practices that store carbon in the soil to combat climate change.…
Amazon CEO eyes cost reductions in fulfillment network
Amazon’s CEO, Andy Jassy, revealed plans to further reduce costs in the company’s fulfillment network, following recent staff reductions across…
Government expects 1.5trn savings, more meters with electricity tariff hike
The Federal Government has announced that it expects to save a significant amount of money this year following the recent…
Dredgers Association threatens legal action over Tilapia Fish mortality
As the controversy surrounding the death of tilapia fish in Epe persists, the Dredgers Association of Nigeria (DAN) has issued…
New CEO of Africa Prudential eyes capital market opportunities
Catherine Nwosu, the recently appointed Managing Director/Chief Executive Officer of Africa Prudential Public, has outlined plans for the firm to…
IBEDC MD urges customers to halt attacks on workers
Kingsley Achife, the Managing Director of Ibadan Electricity Distribution Company (IBEDC), has issued an appeal to customers, urging them to…
Forex policies affecting transborder trade, say traders
The Transborder Traders Association has raised concerns over the impact of the Central Bank of Nigeria’s foreign exchange policies on…
All On invests £1m in mobile power for renewable energy solutions
The investment will support Mobile Power’s expansion efforts, particularly the roll-out of the MOPOMax, a high-capacity generator replacement battery designed…
US inflation surges to 3.5%, raises concerns for emerging markets
In a surprising turn, US inflation accelerated beyond expectations in March, reaching 3.5 percent, signaling a setback in efforts to…
Wigwe: Family of Ogunbajo files lawsuit over helicopter crash
The family of Abimbola Ogunbanjo, former Chairman of the Nigerian Exchange Group (NGX Group), has initiated a wrongful death lawsuit…
Dangote says diesel price reduction to cut Nigeria’s inflation
Aliko Dangote, the chairman of Dangote Group, has revealed that his refinery’s initiative to sell diesel at discounted prices is…
Champion Breweries Plc reports 73% drop in profit
Champion Breweries Plc, a prominent Nigerian brewing company, witnessed a significant decline in profit, plummeting by 73.6 percent according to…