Currency Naira Weakens to N1,520 Per Dollar in Parallel Market May 15, 2024 0 The Naira weakened against the dollar, dropping to N1,520 per dollar in the parallel market, down from N1,470 per!-->…
Business Argentina’s Inflation Rate Nears 300%, Despite Signs of Deceleration May 14, 2024 0 Despite positive signs of a deceleration, Argentina continues to face soaring inflation, with the annual inflation!-->…
Business South Africa’s Unemployment Rate Rises to 32.9% Ahead of Election May 14, 2024 0 South Africa's unemployment rate climbed to 32.9% in the first quarter of this year, up from 32.1% in the previous!-->…
Africa Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan May 14, 2024 0 Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million!-->…
Business Anglo American CEO Accelerates Spin-Off Plans to Hinder BHP Takeover Bid May 14, 2024 0 The CEO of Anglo American, Duncan Wanblad, revealed on Tuesday that the company's plans for a spin-off of its!-->…
Business Oil Prices Stable as OPEC Maintains Demand Forecast, Investors Await U.S.… May 14, 2024 0 Oil prices remained largely unchanged on Tuesday as OPEC retained its global oil demand predictions, while!-->…
Business U.S. Trade Representative Calls for Higher Tariffs on Chinese Goods May 14, 2024 0 U.S. Trade Representative Katherine Tai has proposed increased tariffs on a range of Chinese goods, citing the!-->…
Business Tetra Pak Names Haithem Debbiche as New Managing Director for West Africa May 14, 2024 0 Tetra Pak, a leading food processing and packaging solutions company, has appointed Haithem Debbiche as the new!-->…
Business Retail investors pile into stock market despite weaker purchasing power May 14, 2024 0 In the first quarter of 2024, despite facing accelerating inflation, which has eroded purchasing power, retail!-->…
Business NPA Clears Decade-Long Gridlock on Mile 2-TinCan-Apapa Corridor May 14, 2024 0 The Nigerian Ports Authority (NPA) has announced the successful clearance of the notorious decade-long gridlock on!-->…
Business FCTA issues 24-hour notice for demolition of 500 illegal structures in Abuja May 14, 2024 0 The Department of Development Control, under the Federal Capital Territory Administration (FCTA), has issued a!-->…
Business Militant group demands 25% of Okomu Oil Plc shares after fatal attack on host… May 14, 2024 0 A militant group identified as the "Ijaw Freedom Fighters" launched an attack on the Imariogha community near the!-->…
World UK fears a £108 billion decline to creative sector as int’l student numbers reduce May 14, 2024 0 Creative UK, representing the creative industries, has raised concerns over the potential elimination of!-->…
Business NGX earns N6.959 billion revenue from transaction fees, treasury investments May 14, 2024 0 The Nigerian Exchange Group Plc saw a significant increase in revenue for the 2023 financial year, generating!-->…
Trade Netherlands Overtakes India as Nigeria’s Second-Largest Trade Partner in… May 14, 2024 0 The Netherlands has surpassed India to become Nigeria's second-largest trade partner in 2023, according to the!-->…
Africa South Africa’s MTN service revenue falls, lowers capex target May 14, 2024 0 MTN Group, Africa's largest telecommunications operator, has disclosed an 18.8% decline in its first-quarter!-->…
Local FG Plans to Empower 5,000 NYSC Members with N10 Million Each for Entrepreneurial… May 14, 2024 0 The Federal Government has announced a plan to empower at least 5,000 members of the National Youth Service Corps!-->…
Local Nigeria to Navigate Economic Rivalry between US, China, and Russia, says Foreign… May 14, 2024 0 Nigeria's Foreign Minister, Yusuf Maitama Tuggar, highlighted Nigeria's stance on managing economic competition!-->…
Crypto Crypto Analyst Warns of Bitcoin Panic Sell-Off if Price Falls Below $60,000 May 14, 2024 0 Renowned crypto analyst and FX Pro trader, Alex Kuptsikevich, has issued a cautionary note, suggesting that!-->…
Local TotalEnergies To Empower 100 African Startups May 13, 2024 0 TotalEnergies is gearing up to support 100 startup businesses across 32 African countries in the 4th edition of!-->…
Business UBS CEO says Switzerland should not “overshoot” with capital demands May 13, 2024 0 UBS CEO Sergio Ermotti has responded to criticism that the bank has grown too large for Switzerland, and has!-->…
Business Euro zone banks have reduced their exposure to Russia by half ECB’s Buch… May 13, 2024 0 The European Central Bank (ECB) revealed that euro zone banks have significantly reduced their exposure to Russia!-->…
Business SoftBank Reports Quarterly Profit May 13, 2024 0 SoftBank Group, a big technology company from Japan, made a profit of 328.9 billion yen (which is about $2.11!-->…
investment Amazon to invest $1.3 bln in France, create 3,000 jobs May 13, 2024 0 Amazon, a big company known for online shopping, announced that it will invest over 1.2 billion euros (which is!-->…
Business Dubai’s Emirates airline posts record full-year profit May 13, 2024 0 Dubai's Emirates airline had a fantastic year, reporting a full-year profit of 17.23 billion dirhams (which is!-->…
World UK Employers Plan 4% Wage Increase May 13, 2024 0 According to a recent survey, British employers are expecting to raise wages by 4% over the next year, which is!-->…
Business U.S. says construction industry will need extra 501,000 jobs May 13, 2024 0 The U.S. Bureau of Labor Statistics forecasts around 646,100 job openings each year in the construction sector!-->…
Business FG eyes new visa application process in weeks to improve accessibility – Minister… May 13, 2024 0 The Minister of Interior, Olubunmi Tunji-Ojo, announced that the Federal Government of Nigeria is working on!-->…
Business Interpol Nigeria boosts cybersecurity with digital asset training May 13, 2024 0 In response to the increasing cases of cybercrimes in Nigeria, cybersecurity experts, along with the Nigerian!-->…
World Trump faces potential $100 million tax setback over Trump Tower May 13, 2024 0 Former President Donald Trump may face a financial setback of around $100 million due to improper tax deductions!-->…