Business

Commodity prices to hit four-year high in 2026

  • 28th April 2026

SMEDAN laments low MSME participation in govt support

  • 28th April 2026
MTN, Airtel generate N3.67trn data, voice revenue in 2024 H1

Court orders MTN, Airtel to restore airtime borrowing

  • 28th April 2026

Manufacturers lament low export share despite ₦85trn total

  • 28th April 2026

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Oil prices climb as Iran war talks stall again

Oil and Gas
UBA begins $6bn project to support African SMEs

UBA releases unaudited Q1 2026 financial results

Banking
Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank

World Bank commits $8.2bn to tackle Africa’s electricity access

Business featured
Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months

Naira gains at parallel market, falls at official FX

featured Finance

Blog

G7 Nations to speed up renewable energy, phase out fossil fuel
featured

G7 Nations to speed up renewable energy, phase out fossil fuel

The G7 nations have agreed to hasten the deployment of renewable energy and curtail natural gas consumption in a bid to accelerate the phasing out of fossil fuels, according to a communique issued on Sunday. The G7 is an informal grouping of seven of the world’s advanced economies, including Canada, France, Germany, Italy, Japan, the […]

A photo of President Buhari and the redesigned note
Business

New Naira: Farmers beg FG for compensation over loss

The All Farmers Association of Nigeria has requested that the Federal Government provide compensation to farmers for the losses they incurred during the introduction of the Central Bank of Nigeria’s naira redesign policy and the ensuing cash shortage. According to The News Agency of Nigeria, the farmers made this request while assessing the policy’s impact […]

Nigerian food exports rise amid naira devaluation concerns
featured News

Nigeria’s inflation rate hits 22% – NBS

  The National Bureau of Statistics on Saturday revealed that the nation’s inflation rate rose to 22.04% in March 2023. According to The PUNCH, the percentage is 13.4 percentage points higher than the 21.91% seen in the prior month. It was noticed that food prices increased by 24.45% in March 2023 compared to 24.35% in […]

China's National Flag
Business

China’s home prices hit highest in March 

An official data released on Saturday showed that new home prices in China rose at the fastest pace in 21 months in March, indicating that the housing market is picking up due to a series of supportive policies. However, there is some uncertainty about the sustainability of this growth momentum. According to Reuters’ calculations based […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
Economy

GDP growth in Sub-Saharan Africa to drop in 2023 – IMF

With a worldwide recovery, the International Monetary Fund has reported that growth in sub-Saharan Africa is anticipated to drop to 3.6 percent before bouncing back to 4.2 percent in 2024. They further stated that both domestic and international borrowing costs for SSA nations have increased due to the rapid tightening of global monetary policy. Director […]

Minister of Economy, Trade and Industry of Japan
Business featured

G7 to finance climate action in developing countries 

Japan’s economy and trade minister, Yasutoshi Nishimura, on Saturday stated that members of the G7 must take action to help emerging countries reduce emissions, including financing decarbonisation in “hard-to-abate” industries. Reuters reported that the G7 ministers are meeting in Sapporo on Saturday and Sunday for climate and energy talks. Meanwhile, Nishimura emphasized that it is […]

MTN, Apple Music offer free subscription to Nigerians
News

MTN, Apple Music offer free subscription to Nigerians

MTN Nigeria, the country’s leading telecom services provider, has teamed with the US-based digital music platform, Apple Music, to provide free access to a premium selection of songs as part of efforts to ensure consumers can enjoy excellent entertainment on the move. Customers of MTN who sign up for the service will have access to […]

TotalEnergies to invest $6bn in Nigeria's Deepwater
Appointments

Bunmi Popoola-Mordi appointed Executive Director of TotalEnergies

TotalEnergies Marketing Nigeria Plc’s Board of Directors has approved the appointment of Mrs Bunmi Popoola-Mordi to its Board of Directors as an Executive Director. This information was made available via the company’s notice to the Nigerian Exchange Limited. Bunmi is a law graduate and a member of the Nigerian Bar Association, as well as a Fellow of the […]

SEC closes down firm over illegal investments
News

Redesigned e-dividend platform to launch July 31st – SEC

Nigeria’s Securities and Exchange Commission announced the revised electronic Dividend Mandate Management System, which would go live on July 31st. This information was provided by the Director-General of the SEC, Mr. Lamido Yuguda, on Thursday in Abuja at the first quarter post-Capital Market Committee media conference. The Inter-Bank Settlement System’s Document Management System can complete […]

The Black, Red and Yellow Germany's National flag
Business

Germany narrowly escapes recession in Q1 2023 – Report

Germany’s economy ministry on Friday published that the country is expected to narrowly escape recession and achieve modest growth in the first quarter of the year. According to the ministry’s report accessed by Reuters, “A technical recession of two negative quarters in a row appears to have been averted.” The report also revealed that current […]

Elon Musk discloses plans for self-driving cars
Uncategorized

Tesla cuts EV prices in Europe, others

Tesla has reduced the prices of its electric vehicles in Europe, Israel, and Singapore, which has sparked concerns about its industry-leading profit margin. According to Reuters, the move is part of the global discount drive it started in China in January to boost demand. Despite offering discounts in countries like the United States, China, Japan, […]

Russia's FESCO imports electronics from Hong Kong via air
News

Russia’s FESCO imports electronics from Hong Kong via air

Russian transportation group, FESCO, has established a direct air route to import electronic goods from Hong Kong to Moscow, as Russian businesses seek to reduce their dependence on Western supply chains. The move comes after the West imposed restrictions on technology exports to Russia following the country’s military incursion into Ukraine last year, causing several […]

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