Artificial Intelligence Threatens 100M US Jobs
A report released by Senator Bernie Sanders on Monday warns that artificial intelligence and automation technologies may threaten nearly 100 […]
African Business News
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African Business News
Switzerland extends unemployment benefits due to US tariffs
The Swiss government has announced an extension of partial unemployment benefits to support companies affected by rising US tariffs. The
Nigeria poverty remains high despite economic reforms
The World Bank has reported that 139 million Nigerians still live in poverty, despite the country’s economic reforms. This was
IMF forecasts global economic growth to slow slightly this year and next
The global economy is performing better than expected, despite facing prolonged uncertainty and underwhelming medium-term growth prospects, according to the
Nigeria commissions 2.2 million barrel Floating Storage Offshore vessel
Nigeria has commissioned its first wholly owned Floating Storage and Offloading (FSO) vessel, the Cawthorne, with a 2.2 million-barrel capacity.
NNPCL responds to Senate audit queries on ₦210 trillion discrepancy
The Nigerian Senate has confirmed that the Nigerian National Petroleum Company Limited (NNPCL) has responded to 19 audit queries related
Nigeria blackout hits Lagos areas
The Transmission Company of Nigeria has announced a planned power outage in parts of Lagos State, affecting areas including Lekki,
Nigeria Labour Congress condemns Vice President over Dangote Refinery dispute
The Nigeria Labour Congress (NLC) has strongly condemned Vice President Kashim Shettima’s stance on the ongoing crisis between the Dangote
Nigeria Cooking Gas Prices Artificially High Amid Scarcity
The Nigerian Association of Liquefied Petroleum Gas Marketers has raised concerns over the artificial rise in cooking gas prices across
Oil prices rise despite oversupply fears
Oil prices experienced a notable increase on Wednesday, as investors shifted their focus away from concerns about oversupply and the
Ukraine Strikes Russian Oil Refineries
Ukraine Intensifies Strikes on Russian Oil Infrastructure, Weakening Moscow’s Financial Capacity Ukraine has escalated its attacks on Russian refineries and
Kano targets N15 billion monthly revenue by 2026
The Kano State Internal Revenue Service (KIRS) is implementing plans to increase its monthly revenue to N15 billion by 2026.