World Bank Reports Nigeria’s Growth in Private Sector Investments for 2023
The World Bank reported that Nigeria secured 133 private sector investment commitments in three projects during…
Naira Weakens to N1,520 Per Dollar in Parallel Market
The Naira weakened against the dollar, dropping to N1,520 per dollar in the parallel market, down from N1,470 per…
Argentina’s Inflation Rate Nears 300%, Despite Signs of Deceleration
Despite positive signs of a deceleration, Argentina continues to face soaring inflation, with the annual inflation…
South Africa’s Unemployment Rate Rises to 32.9% Ahead of Election
South Africa's unemployment rate climbed to 32.9% in the first quarter of this year, up from 32.1% in the previous…
Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan
Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million…
Anglo American CEO Accelerates Spin-Off Plans to Hinder BHP Takeover Bid
The CEO of Anglo American, Duncan Wanblad, revealed on Tuesday that the company's plans for a spin-off of its…
Oil Prices Stable as OPEC Maintains Demand Forecast, Investors Await U.S.…
Oil prices remained largely unchanged on Tuesday as OPEC retained its global oil demand predictions, while…
U.S. Trade Representative Calls for Higher Tariffs on Chinese Goods
U.S. Trade Representative Katherine Tai has proposed increased tariffs on a range of Chinese goods, citing the…
Tetra Pak Names Haithem Debbiche as New Managing Director for West Africa
Tetra Pak, a leading food processing and packaging solutions company, has appointed Haithem Debbiche as the new…
Retail investors pile into stock market despite weaker purchasing power
In the first quarter of 2024, despite facing accelerating inflation, which has eroded purchasing power, retail…
NPA Clears Decade-Long Gridlock on Mile 2-TinCan-Apapa Corridor
The Nigerian Ports Authority (NPA) has announced the successful clearance of the notorious decade-long gridlock on…
FCTA issues 24-hour notice for demolition of 500 illegal structures in Abuja
The Department of Development Control, under the Federal Capital Territory Administration (FCTA), has issued a…
Militant group demands 25% of Okomu Oil Plc shares after fatal attack on host…
A militant group identified as the "Ijaw Freedom Fighters" launched an attack on the Imariogha community near the…
UK fears a £108 billion decline to creative sector as int’l student numbers reduce
Creative UK, representing the creative industries, has raised concerns over the potential elimination of…
NGX earns N6.959 billion revenue from transaction fees, treasury investments
The Nigerian Exchange Group Plc saw a significant increase in revenue for the 2023 financial year, generating…
Netherlands Overtakes India as Nigeria’s Second-Largest Trade Partner in…
The Netherlands has surpassed India to become Nigeria's second-largest trade partner in 2023, according to the…
South Africa’s MTN service revenue falls, lowers capex target
MTN Group, Africa's largest telecommunications operator, has disclosed an 18.8% decline in its first-quarter…
FG Plans to Empower 5,000 NYSC Members with N10 Million Each for Entrepreneurial…
The Federal Government has announced a plan to empower at least 5,000 members of the National Youth Service Corps…
Nigeria to Navigate Economic Rivalry between US, China, and Russia, says Foreign…
Nigeria's Foreign Minister, Yusuf Maitama Tuggar, highlighted Nigeria's stance on managing economic competition…
Crypto Analyst Warns of Bitcoin Panic Sell-Off if Price Falls Below $60,000
Renowned crypto analyst and FX Pro trader, Alex Kuptsikevich, has issued a cautionary note, suggesting that…
TotalEnergies To Empower 100 African Startups
TotalEnergies is gearing up to support 100 startup businesses across 32 African countries in the 4th edition of…
UBS CEO says Switzerland should not “overshoot” with capital demands
UBS CEO Sergio Ermotti has responded to criticism that the bank has grown too large for Switzerland, and has…
Euro zone banks have reduced their exposure to Russia by half ECB’s Buch…
The European Central Bank (ECB) revealed that euro zone banks have significantly reduced their exposure to Russia…
SoftBank Reports Quarterly Profit
SoftBank Group, a big technology company from Japan, made a profit of 328.9 billion yen (which is about $2.11…
Amazon to invest $1.3 bln in France, create 3,000 jobs
Amazon, a big company known for online shopping, announced that it will invest over 1.2 billion euros (which is…
Dubai’s Emirates airline posts record full-year profit
Dubai's Emirates airline had a fantastic year, reporting a full-year profit of 17.23 billion dirhams (which is…
UK Employers Plan 4% Wage Increase
According to a recent survey, British employers are expecting to raise wages by 4% over the next year, which is…
U.S. says construction industry will need extra 501,000 jobs
The U.S. Bureau of Labor Statistics forecasts around 646,100 job openings each year in the construction sector…
FG eyes new visa application process in weeks to improve accessibility – Minister…
The Minister of Interior, Olubunmi Tunji-Ojo, announced that the Federal Government of Nigeria is working on…
Interpol Nigeria boosts cybersecurity with digital asset training
In response to the increasing cases of cybercrimes in Nigeria, cybersecurity experts, along with the Nigerian…