Category: Business

ECB’s Lagarde urges central banks’ protection amid growing economic strain

European Central Bank President Christine Lagarde has called for stronger protection of central bank independence...

Oil prices rise as US strikes in Iran heighten supply fears

Oil prices climbed on Thursday after renewed United States strikes in Iran heightened fears of...

W’Bank education scheme sees over 55% reduction in Nigeria’s classroom funding

Funding earmarked for the construction of new classrooms under the Federal Government’s World Bank-supported education...

CPPE raises concern over Nigeria’s weak manufacturing base despite GDP growth

The Centre for the Promotion of Private Enterprise has warned that Nigeria may struggle to...

Ferrari unveils first fully electric vehicle ‘Luce’ 

Italian luxury carmaker Ferrari this week unveiled its first fully electric vehicle to reporters in...

NASA unveils $20bn plan for three uncrewed moon missions

NASA on Tuesday unveiled plans for three uncrewed lunar missions scheduled for this year, marking...

Samsung averts strike as workers back massive bonus deal

Workers at Samsung in South Korea on Wednesday approved a wage agreement, averting a potential...

BP ousts chairman amid concerns over conduct, oversight

British oil giant BP has ousted Albert Manifold from his position as chairman less than...

Africa mobilises $498.8m as Ebola death toll hits 220

Africa has secured about $498.8 million in pledges and commitments to bolster response efforts against...

Nigeria, Türkiye sign MoU to boost solid minerals cooperation

Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding to enhance bilateral...

Pope Leo warns AI must face strict ethical controls

Pope Leo has criticised the “culture of power” behind the rapid expansion of artificial intelligence,...

Oil prices mixed after US strikes against Iran clouds peace prospects

Oil prices traded unevenly on Tuesday as United States military operations in southern Iran and...