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China will not impose anti-dumping measures on EU brandy, for now
Beijing has decided not to impose provisional tariffs on European Union brandy despite finding that it was sold…
Exclusive: US government funding yielded hundreds of patents for China-based…
Research funded by the U.S. Defense Department, NASA, and other government agencies has resulted in over 1,000…
Aviation minister signs MoU with Boeing to facilitate aircraft acquisition
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, signed a strategic Memorandum of…
Nigerian oil grades maintain premium status, Cast light on economy
Nigeria's Brass River, Bonny Light, and Qua Iboe crude oils have surged above the Brent Crude benchmark due to…
Nigeria, Benin Republic open dry port trade office in Kano
Nigeria and Benin Republic have jointly opened the Tsamiya Dry Port Trade Office in Kano State to enhance regional…
Elumelu: Tenure limit for bank CEOs inspired Heirs Holdings formation
Tony Elumelu, Chairman of Heirs Holdings Group, revealed that the Central Bank of Nigeria’s (CBN) 2010 policy…
Gas suppliers seek end to multiple taxation
The National Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on the Federal Government to tackle…
NEPC reports $2.7bn in non-oil exports half year 2024
Nigeria's non-oil exports generated $2.7 billion in the first half of 2024, reflecting a 6.26% increase from the…
TGI Foods SPV launches N25bn commercial papers
TGI SPV Plc, a special purpose vehicle created by Tropical General Investments Group, has launched N25 billion in…
Without structural gaps, Nigeria’s GDP will grow by 5% – IMF
*The International Monetary Fund (IMF) stated that Nigeria's economy, currently growing at 3.19%, could reach a 5%…
External auditors to examine NNPC N2.6tn subsidy claim
The Federal Government of Nigeria is set to hire an external auditor to verify the N2.7 trillion fuel subsidy…
Reps promises to pass bill on electricity theft
The Chairman of the House of Representatives Committee on Privatisation and Commercialisation, Hamisu Ibrahim,…
AMCON set to sell Ibadan Disco
The Assets Management Corporation of Nigeria (AMCON) plans to sell the Ibadan Electricity Distribution Company…
Recapitalisation: ASHON accuses banks of sidelining stockbrokers
The Association of Securities Dealing Houses of Nigeria (ASHON) has accused banks of bypassing licensed…
Zuckerberg says Biden administration pressured Meta to censor COVID-19 content
Meta CEO Mark Zuckerberg has stated that senior officials from the Biden administration pressured his company to…
Canada to impose 100% tariff on Chinese EVs, including Teslas
Canada has announced plans to impose a 100% tariff on imports of Chinese electric vehicles (EVs) and a 25% tariff…
Divestment of NAOC to Oando in line with PIA, says NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that the recent approvals for Nigerian…
Africa Prudential grows profit by 87% to N1.1b in first half
Africa Prudential Plc has reported an impressive 87% increase in profit for the first half of 2024, reaching N1.13…
Richway Microfinance Bank Receives DBN’s Award for Highest Impact on…
Richway Microfinance Bank has been honored with the 2023 Award for Microfinance Bank with the Highest Impact on…
FG spending exceeds revenue by 225% — BudgIT
A report by BudgIT has revealed that the Nigerian government spent N19.50 trillion in 2023, three times its…
198 Extractive Companies and Agencies Submit Data for NEITI’s 2022/2023…
The Nigerian Extractive Industries Transparency Initiative (NEITI) has received data submissions from 198…
Oando acquisition of Agip followed due process – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Oando Plc's acquisition of…
FG may convert Arik, Aero Contractors to national carriers
The Asset Management Corporation of Nigeria (AMCON) is considering merging Arik Air and Aero Contractors into a…
Morning Bid: Rate-cut hopes meet Mid-East risks
Jerome Powell, U.S. Federal Reserve Chair, hinted at a potential interest rate cut in September during his speech…
Fed’s shift to job market risks is done; now policy has to catch up
The Federal Reserve is navigating a delicate situation as today's interest rate of 5.25%-5.50% is seen as…
Darkening global outlook, central bank pivots signal more turbulence
At the annual Jackson Hole conference, global policymakers highlighted the shifting focus of central banks from…
Nvidia Q2 sales likely to double, even a slight miss may hurt shares
Nvidia is set to report its second-quarter earnings on Wednesday, with expectations that revenue will more than…
Customs ushers in new leadership with latest appointments
As the Nigeria Customs Service (NCS) bids farewell to several key management members due to statutory retirement,…
Tinubu to inaugurate N178bn Onne terminal next week
President Bola Tinubu will officially open the newly upgraded West Africa Container Terminal (WACT) in Onne,…
FX turnover hit $7.4bn in July – Report
In July, Nigeria's foreign exchange turnover reached N11.48 trillion ($7.39 billion) at the official trading…