Strike Disrupts Chevron’s Australian LNG Projects, Threatening Global Supply
Employees at Chevron's liquefied natural gas (LNG) ventures in Australia initiated a strike on Friday as…
President Tinubu Encourages Nigerians in India to Leverage Diversity for…
During the India G-20 Summit, President Tinubu addressed Nigerians in India, emphasizing that Nigeria's future is…
FAAN Initiates Relocation of International Airlines to New Terminal at Lagos…
The Federal Airports Authority of Nigeria (FAAN) has commenced the process of relocating international airlines to…
Dollar Holds Near Six-Month Highs Amid Inflation Concerns and Fed Hawkishness
The dollar has stabilized near six-month highs, as ongoing signs of inflation in the United States continue to…
Nigeria Records N335m Loss Due to Oil Spills in 2023
Between January and August 2023, Nigeria suffered an estimated loss of N335 million due to oil spills, according…
Nigeria Records a Foreign Trade Surplus of N2.22tn in H1 2023
In the first half of 2023, Nigeria's foreign exchange earnings experienced growth, resulting in a foreign trade…
NCC Urges Banks to Settle N120bn USSD Debt to Boost Financial Inclusion
The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has emphasized that…
Nigerian Stock Market Records N112 Billion Loss as Bearish Trend Continues
The Nigerian stock market experienced another downturn on Thursday, resulting in a loss of N112 billion in market…
Airbus Enhances Production Capabilities for A321XLR in Hamburg
Airbus has inaugurated a new automated A321XLR aircraft equipment installation hangar in Hamburg, a move aimed at…
Shell Opted for Shorter Prelude LNG Maintenance Over Year-Long Fix – Sources
Shell considered shutting down its Prelude liquefied natural gas (LNG) facility in Australia for a year to address…
China’s Economic Woes Pose Risk to Japan’s Fragile Recovery
Policymakers in Tokyo are concerned that China's ongoing economic challenges could negatively impact Japan's…
U.N. Chief Warns of “Great Fracture” in Global Economic Systems
U.N. Secretary-General António Guterres has cautioned about the risk of a "great fracture" in the world's economic…
Bank-Owned Brokers Outperform Standalone Counterparts in Profits
Bank-owned stockbrokers and investment banks, supported by alternative revenue streams, have outperformed…
KCB Group to Infuse $100 Million into KCB Bank Kenya for Recapitalization
KCB Group, a major financial institution, is planning to inject $100 million (approximately Sh14.5 billion) into…
MetaMask Adds Cash-Out Feature, Allowing Users to Convert Crypto to Fiat
MetaMask, the largest self-custodial internet-connected wallet with over 22 million users, has introduced a…
500 Global Closes $143M for Largest Southeast Asia Early-Stage Fund
500 Global, a venture firm and seed accelerator, has successfully closed a $143 million financing round for its…
Shell Executive Notes Significant, Though High, Reduction in Global LNG Prices
Steve Hill, the Executive Vice President at Shell, acknowledged a significant but still historically high…
Nigeria Secures $14 Billion Pledges from Indian Investors, Eyes Economic…
Nigerian President Bola Tinubu has garnered pledges of nearly $14 billion from Indian investors, signaling a…
G20 to Grant Permanent Membership to African Union
The G20, a grouping of major world economies, has reportedly agreed to grant permanent membership to the African…
Nigerian Minister Pledges to Review Land Use Act in Collaboration with World Bank
The Nigerian Minister of Housing and Urban Development, Mr. Ahmed Musa Dangiwa, has affirmed his commitment to…
Nigerian Postal Service Unveils Commemorative Stamp for Pan African Postal Union…
The Nigerian Postal Service (NIPOST) has introduced a commemorative stamp valued at N255 to mark the launch of the…
Nigerian Government Increases Pre-paid Electricity Meter Prices Amid Public…
The Federal Government of Nigeria has announced a rise in the prices of single-phase and three-phase pre-paid…
Tribunal Upholds Bola Tinubu’s Presidential Victory; Dismisses Petitions
The Presidential Election Petition Tribunal has validated Bola Tinubu's victory in Nigeria's February election,…
President Tinubu Advocates $10 Billion Annual Investment for Nigeria’s…
During the Africa Climate Summit held in Kenya, President Bola Tinubu emphasized the need for an annual investment…
Fire Outbreak Causes Chaos at Murtala Muhammed Airport’s International Wing
Confusion and panic gripped the international wing of Murtala Muhammed Airport following a fire outbreak in one of…
PZ Cussons Offers to Buy Out Minority Shareholders of PZ Cussons Nigeria, Aims to…
PZ Cussons, the soap maker, has announced its intention to acquire the remaining 26.73% stake held by minority…
IT Software Management Startup Josys Raises $93 Million in Series B Round
1. Funding for IT Software Automation: Josys, a startup specializing in software-as-a-service (SaaS) solutions for…
Wayflyer Secures $1 Billion Capital Injection from Neuberger Berman
E-commerce financing provider Wayflyer has successfully secured $1 billion in capital from investment management…
IMF Recommends South Korea Maintain Restrictive Policies to Tackle Inflation and…
The International Monetary Fund (IMF) has advised South Korea to retain its current restrictive monetary and…
G7 and Allies Pause Reviews of Russian Oil Price Cap Scheme
The G7 and its allies have halted their regular reviews of the Russian oil price cap scheme, despite Russian crude…