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US, EU forge alliance to address China's export control
News

US, EU forge alliance to address China’s export control

In a significant move to address mounting concerns about China’s non-market practices, Washington and the European Union are set to announce their commitment to joint action and coordinated export controls. The draft statement, providing a glimpse into the upcoming EU-U.S. Trade and Technology Council meeting, reveals a strategic alliance aimed at tackling economic coercion and […]

Economy

Why Africa must decrease intra-African, global trade costs – Okonjo Iweala

President of the World Trade Organization, Dr. Ngozi Okonjo Iweala, has stated that in order for Africa to successfully implement the African Continental Free Trade Area, we must lower the costs associated with doing business both within the continent and with the rest of the world. Nairametrics reported that she emphasized that some tariffs and obstacles result […]

Why I established $3.5m green entrepreneurship program - Elumelu
Business

Why I established $3.5m green entrepreneurship program – Elumelu

Billionaire industrialist, Tony Elumelu, has explained why he initiated the $3.5 million green entrepreneurship program. Elumelu stated through his official Twitter on Friday tweeted that he embarked on the initiative in order to lessen the effects of the climate crisis. He stated that the UNICEF, Generation Unlimited, and IKEA Foundation had joined forces with the Tony Elumelu Foundation […]

Globacom logo
Business

Glo encourages females to pursue ICT career

Nigerian telecommunications company, Globacom has urged females who desire to be in the Information and Communication Technology sector to keep up with the drive as it is a rewarding career path. According to This Day, Globacom identified focus and persistence as crucial success factors for girls aspiring to pursue careers in the information and communications […]

Elon Musk discloses plans for self-driving cars
Business

How Twitter CEO appointment’ll help Tesla- Analysts

Analysts have said the recent appointment of a new CEO for Twitter would help the tech leader, Elon Musk eliminate a significant distraction and give ample time to concentrate more on Tesla Inc. The electric vehicle giant, Tesla has been struggling with declining demand for its electric vehicles which has since 2023 caused variation in […]

Why insurance sector needs repositioning - FG
Uncategorized

Why insurance sector needs repositioning – FG

The Minister of Finance, Budget, and National Planning, Dr. Zainab Ahmed, has urged West African insurance providers to restructure the sector for global competitiveness. The Punch reported that she gave a speech during the 50th-anniversary celebration and educational conference of the West African Insurance Companies Association in Lagos State, Nigeria. The conference’s theme was “Re-positioning the insurance industry […]

Ardova awards Otedola $19m in arbitration over Forte Oil sale
Business

Ardova awards Otedola $19m in arbitration over Forte Oil sale

Energy billionaire, Femi Otedola had won a $19 million arbitration award on the share purchase agreement surrounding the sale of Forte Oil, now Ardova Plc. According to Premium Times, the agreement was reached in response to a decision made by the London Court of International Arbitration in October. The agreement mandated that Ignite Investments and Commodities Limited’s Chairman, Abdulwasiu Sowami […]

Access Bank, Qatar airways partner, offer discounted flight tickets
Banking

Access Bank launches Paris-based french subsidiary

Access Bank Plc, the flagship company of Access Holdings Plc, officially established its subsidiary in Paris, France, on Thursday. According to Arise News, the bank released a statement on Thursday saying that the majority of its activities will be focused on trade finance, first taking advantage of flows between France and Africa, particularly Francophone Africa. “Access Bank Plc […]

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
Economy

FG is drowning in debt servicing – PENGASSAN

Petroleum workers in Nigeria have cautioned about Nigeria’s expanding debt profile, which recently reached N77 trillion after parliament allowed the securitization of CBN Ways and Means loans. Nairametrics reported that they emphasized that borrowed money should not be used for consumption but rather should be put toward business endeavors and the construction of infrastructure. This information […]

FG okays new national automotive industry development plan
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FG okays new national automotive industry development plan

The Nigerian government has announced the adoption of a new National Automotive Industry Development Plan for the next ten years as well as the adoption of the Nigeria Investment Policy. According to Nairametrics, the Nigeria Investment Policy Plan is the first-ever investment policy plan authorized by the FG The Trade Minister, Otunba Adeniyi Adebayo, revealed this in […]

Elon Musk discloses plans for self-driving cars
Business

Tesla increases model prices in the US

Tesla has increased the prices of its Model S, X, and Y electric vehicles in the United States by a low digit per cent, but they are still considerably lower than at the beginning of the year. Based on the company’s website, it raised the prices of all versions of its higher-priced Model S and […]