Stocks Stall as Inflation Surprise Meets US-Russia Oil Jitters
US stocks closed with minimal movement on Thursday as investors digested a higher-than-anticipated inflation report and rising oil prices ahead […]
African Business News
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Naira Strengthens Further Against Dollar in Official FX Market
Draft: The Nigerian naira extended its gradual strengthening against the US dollar in official trading on Thursday, marking a second
Okonjo-Iweala Urges Tinubu to Grow Economy, Boost Social Safety Nets
Ngozi Okonjo-Iweala, Director General of the World Trade Organization and former Nigerian finance minister, has outlined two critical priorities for
EU Stands Firm on Russia Sanctions Amid Ceasefire Speculation
The European Union has firmly denied reports suggesting a potential easing of sanctions against Russia in exchange for a ceasefire
NNPCL Lowers Fuel Price by N55 in Abuja on Dangote Adjustment
Nigerians in the capital city of Abuja saw a welcome shift in fuel costs this week as the Nigerian National
EPAC: NNPC-FAAC Reconciliation Recovers $459M Oil Debt, Boosts Revenue
A major overhaul of revenue management practices in Nigeria’s oil sector has resulted in improved financial accountability and growing debt
China Counters EU Sanctions With Lithuanian Bank Bans
China has imposed sanctions on two Lithuanian banks, escalating a diplomatic standoff with the European Union in response to the
African Business News
Tinubu, WTO’s Okonjo-Iweala Launch Fund for Nigerian Women Exporters
Nigerian President Bola Tinubu met with World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala in Abuja to discuss a new initiative
African Business News
Ajaokuta Steel Crisis: Tinubu Warns of Sovereignty Threat
Nigeria’s President Bola Tinubu has declared the prolonged stagnation of the Ajaokuta Steel Company a critical threat to national sovereignty,
African Business News
WTO Chief Calls for Social Safety Nets as Tinubu Reforms Spur Hardship
In a high-profile meeting at Nigeria’s presidential villa on Thursday, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala called for urgent
African Business News
FEC Okays Four Power Reforms for National Grid Upgrade
The Nigerian government has greenlit four major initiatives to overhaul its aging electricity infrastructure, aiming to stabilize the country’s power
African Business News
NIMC Upgrades Diaspora NIN Platform, Onboards Partners
The National Identity Management Commission (NIMC) has modernized its enrollment system for Nigerians living overseas, aiming to streamline the process