Tinubu Says his Administration Has Attracted $30 Billion FDI Commitments in 9…
President Bola Tinubu disclosed that his administration has secured $30 billion in Foreign Direct Investment (FDI)…
Libya’s Central Bank Governor Calls for Unified Government
Sadiq Kabir, the governor of Libya's central bank, announced the devaluation of the dinar currency and urged the…
Dangote Plans Oil Trading Arm for Nigerian Refinery, Sources Say
Africa's wealthiest individual, Aliko Dangote, is reportedly considering establishing an oil trading arm, possibly…
Oil Prices Rebound Despite Demand Growth Concerns in China, U.S
Oil prices experienced a modest rebound on Wednesday following extended declines, as indications of supply…
Asia stocks climb; Gold, Bitcoin Drift after Hitting Record Highs
Asian stocks saw gains on Wednesday as traders anticipated policy indications from Beijing during its week-long…
Report Urges Safe Dismantling of Shell’s Infrastructure
A report on the environmental impact of multinational companies in Nigeria stresses the need for Shell to safely…
Waymo Launches Driverless Passenger Services in Austin, Texas
Alphabet's Waymo announced on Tuesday its commencement of driverless passenger services for its employees in…
Power Outage Disrupts National Assembly Proceedings
A significant power outage at the National Assembly on Tuesday caused delays and disruptions to crucial…
EFCC Intercepts 21 Trucks Loaded with Smuggled Goods
Operatives of the Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) intercepted 21…
Google Africa’s Boss Wins Silverbird Awards
Alex Okosi, the Managing Director of Google Africa, was awarded the Iconic Pioneer Award at the 2023 Silverbird…
Binance Discontinues Naira Services Amid Government Scrutiny
Binance, a major crypto exchange, announced the discontinuation of its services supporting the Nigerian naira…
Tesla’s Halts Production in Germany After Arson Attack
Tesla's European Gigafactory near Berlin has ceased operations until further notice following what CEO Elon Musk…
Ghana Faces $3.8 Billion Funding Cut Over Anti-LGBTQ Bill
The Ghanaian government stands to lose $3.8 billion in World Bank funding due to the recent passage of an…
Abuja Businessman Reacts As Hoodlums Invade, Loot His Warehouse
Murtala Ibrahim Gusau, an Abuja-based businessman, responded to the invasion of his warehouse by suspected…
EFCC Reveals 70% of Financial Crimes Linked to Banking Sector
During the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in…
Navy Apprehends Ghanaian Vessel for Alleged Crude Oil Theft
The Nigerian Navy announced the arrest of a Ghanaian vessel, Motor Tanker SWEET MIRI, along with its 13-member…
Binance Executives In NSA Custody, Can’t Attend N’Assembly Hearing – Lawyer
The House of Representatives demanded the arrest of top executives of Binance Holdings Limited, a cryptocurrency…
Aliko Dangote Renames Road after Late Herbert Wigwe
Aliko Dangote, the wealthiest black man globally, announced the renaming of the road leading to the Dangote Oil…
Nigerian Police Ban Use of POS Transactions in Stations
Inspector-General of Police, Kayode Egbetokun, has prohibited the use of Point-of-Sales (POS) and other electronic…
IMF Urges Nigerian Government to Address Widespread Hunger
The International Monetary Fund (IMF) has called on the Nigerian government to take immediate action to combat…
Nigeria’s Oil Production Faces OPEC Cut Hurdle
Nigeria, Africa's largest crude oil producer, confronts challenges in its oil production amid OPEC and its…
Final Farewell to Herbert Wigwe: Political and Business Leaders Pay Tribute
The Eko Hotel in Lagos witnessed an evening filled with deep emotions as political and business leaders, friends,…
Naira Strengthens to N1,534.9/$1 on Third Consecutive Day
yThe exchange rate between the naira and the dollar continued its upward trend for the third consecutive day,…
Fintech Firm Brass to Temporarily Disengage Staff Due to Economic Realities
Fintech company Brass has revealed plans to temporarily disengage an unspecified number of its staff, citing…
FG to Release 58,500 Metric Tonnes of Rice to Stabilize Market
The Federal Government plans to release approximately 58,500 metric tonnes of milled rice to the market as a…
Nigeria, others to Benefit from UK’s £37.3m Mobile for Development program
The UK government has committed £37.3 million to support the Mobile for Development Program, benefiting Nigeria…
Transcorp Power Starts First Day of Trading Gaining 10%
Transcorp Power Plc made its debut on the Nigerian Exchange on Monday, March 4th, experiencing a remarkable 10%…
CCECC Resumes Work on Enugu-Port Harcourt Dual Carriageway After Termination…
The China Civil Engineering Construction Corporation Ltd (CCECC) has recommenced work on section 4 of the…
China Vows to ‘Transform Economy, Sets Growth target
Chinese Premier Li Qiang unveiled an ambitious economic growth target of around 5% for 2024 during his maiden…
UK’s Foxtons Forecasts Resilience in Lettings Business
Foxtons (FOXT.L) anticipates resilience in its lettings business following a marginal rise in annual profit,…