Category: Business

ITU launches global digital standards advancing autonomous agents

The International Telecommunication Union, the United Nations agency for digital technologies, has launched a global...

NGX gains ₦3.45trn as Airtel Africa hits record ₦5,801.40

The Nigerian equities market delivered its most powerful single-session gain in weeks on Wednesday, July...

FIFA W’Cup fever pushes Google search traffic to all-time high

Alphabet-owned Google set a new search traffic record during the FIFA World Cup, driven by...

ExxonMobil begins $1bn Usan project to boost Nigeria’s crude production

Esso Exploration and Production Nigeria (Offshore East) Limited, an affiliate of ExxonMobil, has commenced on-block...

NNPCL adopts performance-based funding model for state refineries

The Nigerian National Petroleum Company Limited has announced plans to end the practice of funding...

Federal workers demand N300,000 minimum wage, payment of arrears

The Federal Workers Forum has urged the Federal Government to approve a new national minimum...

NIPOST boss faces prison threat over alleged disobedience of court order

The National Industrial Court in Abuja has been asked to commit the Postmaster General of...

Manufacturers embrace local sourcing to cut high import costs

Nigeria’s manufacturers are increasingly embracing local sourcing and value addition as a survival strategy to...

OPEC+ approves 188,000bpd oil output increase for August

Seven members of OPEC+ have agreed to raise oil production quotas once again, approving an...

Discos lose 1.13 million customers despite record ₦2.32tn revenue

Electricity Distribution Companies have lost over 1.13 million customers amid lingering concerns over unreliable power...

South Africa reaffirms no compensation for Nigerians’ abandoned properties

Khumbudzo Ntshavheni, South Africa’s minister in the presidency, has reaffirmed the country’s position against compensating...

S’Africa, Egypt, Morocco top Africa’s ultra-wealthy hub rankings in 2026 – Report

South Africa, Egypt and Morocco have been ranked among the world’s leading hubs for ultra-high-net-worth...