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Business

Dollar Gains Ground as Market Awaits U.S. Inflation Report

Jan 8, 2024 0
The U.S. dollar experienced a broad uptick on Monday, reflecting subdued risk appetite as investors awaited a…
Business

Nvidia Plans Mass Production of AI Chip for China, Complying with U.S. Export…

Jan 8, 2024 0
U.S. chipmaker Nvidia is set to commence mass production in the second quarter of 2024 for an artificial…
Business

Geopolitical Tensions, OPEC Output, and Saudi Price Cuts: Impact on Global Oil…

Jan 8, 2024 0
Recent developments in the global oil market have been marked by a complex interplay of factors, including…
Business

EAIF Pledges $30 Million Investment to AXIAN Energy’s Ambitious Renewable…

Jan 8, 2024 0
The Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG),…
Business

IFC Boosts Cabo Verde’s Tourism Sector with €35.5 Million Financing for…

Jan 8, 2024 0
The International Finance Corporation (IFC) has unveiled a comprehensive financing package of up to €35.5 million…
Business

IFC Partners with Facility for Energy Inclusion Fund to Drive Clean Energy Access…

Jan 8, 2024 0
On December 22, 2023, the International Finance Corporation (IFC) announced a significant financing collaboration…
Business

African Development Bank Leads USD 117 Million Financing for Menengai Geothermal…

Jan 8, 2024 0
Financial close has been achieved for a USD 117 million financing deal, led by the African Development Bank (AfDB)…
Business

Renergen’s Helium Discovery in South Africa Unveils Billion-Dollar Potential

Jan 8, 2024 0
South African startup Renergen made an unexpected discovery of abnormally high concentrations of helium in grassy…
Business

India and Nepal Officially Agree on 10,000 Megawatts Electricity Export Deal

Jan 8, 2024 0
India and Nepal have formalized a significant agreement for the export of 10,000 megawatts of electricity from…
Business

ACP Urges Revision of U.S. Treasury Department’s Green Hydrogen Proposal

Jan 8, 2024 0
The Chief Executive Officer of the American Council on Renewable Energy (ACP), Jason Grumet, has issued a…
Local

Nigeria Stocks Hit Record High, Rising 1.68% in First Trading Session of 2024

Jan 3, 2024 0
In a bullish start to 2024, Nigerian stocks surged by 1.68% during the first trading session, setting a new…
Business

Global Stock Markets Slip as Rate Cut Hopes Fade

Jan 3, 2024 0
Global stock markets continued their decline into the new year, with the MSCI's broad index of world equities…
Business

S&P, Nasdaq Start 2024 on a Lower Note as Tech Giants Struggle

Jan 3, 2024 0
The first trading session of 2024 witnessed a downturn in the S&P 500 and Nasdaq Composite, driven by a…
Technology

Hyundai and Kia Project 2% Sales Growth in 2024 Despite 2023 Challenges

Jan 3, 2024 0
South Korean automakers Hyundai Motor and Kia Corp anticipate a modest 2% increase in their combined global sales…
Business

Global Funds Accelerate China Equity Sell-Off in December, Marking Worst Month of…

Jan 3, 2024 0
Global long-only funds rapidly divested from China equities in December 2023, recording the highest monthly…
Maritime

Global Shipping Giants Redirect Routes Amid Rising Red Sea Tensions

Jan 3, 2024 0
In a recent turn of events, major shipping companies, including Denmark's Maersk and Germany's Hapag-Lloyd, are…
Business

Navigating 2024: Investors Brace for Economic Shifts”

Jan 3, 2024 0
As we step into 2024, global investors are anticipating a significant shift in the economic landscape, marked by…
Market

Global Markets Extend Slide as Rate Cut Hopes Diminish

Jan 3, 2024 0
Global stock markets faced a continued decline at the start of 2024, with investor optimism regarding early U.S.…
Business

China’s Major Banks Heighten Scrutiny and Restrict Interbank Lending Amid…

Jan 3, 2024 0
In response to the deepening property debt crisis in China, major banks in the country are intensifying their…
Technology

Russian Bailiffs Remove Debts of Tech Giants Google, Meta, and TikTok – Resolving…

Jan 3, 2024 0
In a recent development, Alphabet's Google, Meta, and TikTok have seemingly resolved legal issues in Russia as…
Business

Futures Dip as Investors Anticipate Fed Minutes, Tesla’s China-made EV Sales…

Jan 3, 2024 0
U.S. stock futures are trending lower as investors react to the Federal Reserve's upcoming release of minutes…
Business

Changes in U.S. Electric Vehicle (EV) Tax Credits Impact Multiple Models

Jan 2, 2024 0
The landscape of electric vehicle (EV) tax credits in the United States underwent a significant shift as new…
Business

Euro Zone Likely Entered Recession in 2023 as Factory Activity Contracts

Jan 2, 2024 0
Euro zone factories concluded 2023 with a contraction in activity for the 18th consecutive month, signaling a…
Technology

Climate Tech: A Beacon of Job Opportunities in 2024

Jan 2, 2024 0
The year 2023 witnessed a wave of layoffs across the tech sector, leaving over 240,000 professionals jobless.…
Local

Nigerian Stock Market Projections for 2024: A Gradual Yet Promising Rally

Jan 2, 2024 0
The Nigerian stock market, which experienced a remarkable 45.90% return in 2023, is poised for continued growth…
Crypto

Bitcoin Starts 2024 on a High, Surging Past $45,000 Amid ETF Optimism

Jan 2, 2024 0
Bitcoin, the world's largest cryptocurrency, has begun the year 2024 with a remarkable surge, surpassing $45,000…
Local

Nigeria’s Finance Minister, Wale Edun, Outlines Strategy to Reduce Reliance…

Jan 2, 2024 0
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has unveiled the government's…
Local

Naira Remains Near Lows on P2P Market as Dollar Inflows Remain Weak

Jan 2, 2024 0
The Nigerian Naira is struggling to gain strength against the US Dollar, particularly on the Peer-to-Peer (P2P)…
Local

Nigeria to Launch Passport Application Automation, Review Immigration Policy

Jan 2, 2024 0
The Minister of Interior, Olubunmi Tunji-Ojo, has announced the commencement of the passport application…
Business

Proparco and 27four Invest R550 Million in Divercity to Expand Affordable Housing…

Jan 2, 2024 0
Proparco, in collaboration with South African investment manager 27four, has led a R550 million investment in…
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NIGERIA

Local

CBN Proposes Mandatory Mediation Panel for Loan Disputes Before Court Action in Nigeria

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Business

Dangote Refinery Helpful, Importation Still Necessary –PETROAN

Apr 15, 2026
Local

Nigeria Internet Exchange Point Expands with New Lagos PoP at Digital Realty Lekki Data Centre

Apr 15, 2026
Business

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

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