Nigeria DisCos Revenue Recovery Drops to 69.16% in January 2026
Nigeria’s electricity distribution companies (DisCos) saw a decline in revenue recovery efficiency in January 2026, despite stricter loss reduction targets […]
Global News
African Business News
Gold Prices Steady Amid US-Iran Ceasefire Uncertainty
Gold prices remained steady on Thursday as markets weighed the fragile ceasefire between the United States and Iran, alongside anticipation
African Business News
Disney to Cut 1,000 Jobs in Marketing Department Restructuring
Walt Disney is preparing to cut up to 1,000 positions in the coming weeks, with the majority of the job
Bitcoin Nears $71,000 as Momentum Slows Despite Rising Retail Demand
Bitcoin Trades Near $71,000 as Momentum Slows Despite Rising Retail Demand Bitcoin’s price has stabilised around $71,000, with market momentum
African Business News
Venezuela Interim President Rodriguez Promises Wage Hike
Venezuela’s interim president, Delcy Rodriguez, has announced plans for a wage increase, addressing years of economic hardship that have left
PDP Faction Dismisses Unauthorized ADC Meeting Claims
The Nyesom Wike-backed faction of the Peoples Democratic Party (PDP) has distanced itself from a recent meeting between the Taminu
Missing Lagos Man Imoter Terkaa Kidnapped in Benue, Family Seeks Help
Benue Family Seeks Help After Lagos-Based Man Vanishes En Route Home The family of Imoter Barnabas Terkaa, a Lagos-based worker
African Business News
Nigerian Fuel Prices Remain Stable Amid Global Oil Market Volatility
Retail fuel prices in Nigeria have remained largely stable over the past week, even as global crude oil markets have
Ademola Lookman Praises Atletico Madrid’s Defensive Unity After UCL Win
Ademola Lookman reflected on a hard-fought victory as Atletico Madrid secured a 2-0 win over Barcelona in the UEFA Champions
Iran’s Economy Worsens Amid War and Rising Inflation
Even before the outbreak of the current conflict, Iran was grappling with inflation running at nearly 50 per cent, and
African Business News
Iran Announces Alternative Routes in Hormuz Strait Amid Mine Risk
Iran has designated alternative shipping routes through the Strait of Hormuz, citing the risk of sea mines in the main
CAF President Visits Senegal Amid Controversy Over Africa Cup Decision
Dakar, Senegal – Confederation of African Football (CAF) President Patrice Motsepe visited Senegal’s capital on Wednesday, meeting with President Bassirou