Business
JPMorgan Deposits ₦50bn With CBN, Moves Closer to Nigerian Merchant Banking Licence
JPMorgan Chase has deposited ₦50 billion with the Central Bank of Nigeria as part of its application...
Business | Tue Oct 20 2026
Nigeria’s DisCos Record 450% Revenue Increase in Eight Years as Power Supply Grows Just 4.8%
Nigeria’s electricity Distribution Companies (DisCos) have recorded a dramatic increase in revenue o...
Business | Mon Oct 19 2026
NNPCL Raises Petrol Price to ₦1,405 Per Litre, Reversing Recent Reduction
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Moto...
Business | Sun Oct 18 2026
Ontario Electricity Bills Could Rise Nearly $13 a Month After OPG Rate Settlement
Electricity bills in Ontario could increase by nearly $13 per month over five years after Ontario Po...
Business | Fri Oct 16 2026
Elon Musk Says SpaceX Could Reach $100 Trillion Valuation Within 10 Years
SpaceX CEO Elon Musk says the aerospace company could potentially surpass a $100 trillion market cap...
Business | Fri Oct 16 2026
TD and BMO Among Nine US Banks Accused of Discriminating Against Conservative Customers
TD Bank and Bank of Montreal (BMO) are among nine major US banks identified in a federal regulatory ...
Business | Fri Oct 16 2026
Social Security Benefits to Rise 3.6% in 2027 as COLA Hits Highest Level Since 2023
Millions of American retirees, people with disabilities and other Social Security beneficiaries will...
Business | Fri Oct 16 2026
Netflix to Cut About 6% of Workforce, Affecting Nearly 1,000 Employees
Netflix is cutting approximately 6% of its workforce, affecting around 1,000 employees, in its large...
Business | Fri Oct 16 2026
Ottawa Pledges $50 Million for High-Tech Forestry Centre in New Brunswick
The Canadian federal government plans to invest up to $50 million in a proposed high-tech forestry c...
Business | Fri Oct 16 2026
Fairfax Financial to Acquire Majority Stake in India’s IDBI Bank for $5.56 Billion
Canada-based investment firm Fairfax Financial Holdings has been selected to acquire a 60.72% stake ...
Business | Fri Oct 16 2026
Dangote Refinery Posts $4.7bn Profit After Reversing 2025 Loss
Dangote Petroleum Refinery and Petrochemicals has recorded a major financial turnaround, reporting $...
Business | Fri Oct 16 2026
IMF Warns Nigeria Against Restoring Petrol Subsidy, Recommends Targeted Relief
The International Monetary Fund (IMF) has advised the Nigerian government against restoring a broad-...
Business | Thu Oct 15 2026
US Government Fines Bank of America $1.2 Billion Over Money Laundering Failures
The United States government has imposed more than $1.21 billion in penalties on Bank of America ove...
Business | Wed Oct 14 2026
Shell to Exit Nigeria’s Domestic Gas Distribution Business After 25 Years
British energy giant Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to Nige...
Business | Wed Oct 14 2026
Heating Oil Customers Face Tough Winter Despite Government Shake-Up Promise
Millions of UK households that rely on heating oil are facing another difficult winter, despite gove...
Business | Wed Oct 14 2026
IMF Warns AI Could Transform 40% of Jobs Worldwide
Artificial intelligence could reshape approximately 40 per cent of jobs worldwide, with some roles f...
Business | Tue Oct 13 2026
Nigeria Spent ₦7.7tn on Debt Interest in Six Months, Exceeding Revenue by 24.2%
Nigeria’s Federal Government spent ₦7.7 trillion on interest payments in the first half of 2026, exc...
Business | Tue Oct 13 2026
NNPC Says ₦66 Petrol Discount Is Only Available Through Mobile App
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that motorists seeking to ...
Business | Tue Oct 13 2026
Kenyan Presidential Candidate Warns Dangote: ‘Don’t Rush to Start the Refinery’
Kenyan presidential candidate Patrick Osoi has warned Nigerian billionaire businessman Aliko Dangote...
Business | Mon Oct 12 2026
US Temporarily Lifts Sanctions on Russian Diesel Imports Until April 2027
The United States has temporarily eased sanctions on Russian-origin diesel fuel, allowing certain tr...
Business | Sun Oct 11 2026
Trump Says Russia Will Supply Over 4.8 Million Tonnes of Diesel to Global Markets
US President Donald Trump says Russia has agreed to supply more than 4.8 million tonnes of diesel fu...
Business | Sun Oct 11 2026
Elon Musk Says SpaceX Reaching $1 Quadrillion Valuation Is Possible
Elon Musk has said that SpaceX could eventually achieve a valuation exceeding $1 quadrillion, descri...
Business | Sun Oct 11 2026
Xinjiang’s Desert Fish Farms Show Technology’s Limits
Fish farming in China’s Xinjiang region is being promoted as an example of how technology can overco...
Business | Sun Oct 11 2026
J.P. Morgan Plans Merchant Bank in Nigeria Before End of 2026
J.P. Morgan plans to establish a merchant bank in Nigeria, with operations targeted to begin before ...
Business | Fri Oct 09 2026
NNPC Extends ₦66 Petrol Discount to October 31 Amid Fuel Price Pressure
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has extended its ₦66-per-litre petrol di...
Business | Fri Oct 09 2026
Trump Bought Up to $5 Million in SpaceX Bonds Before Announcing Space Policy Changes
U.S. President Donald Trump purchased between $1 million and $5 million worth of SpaceX bonds just t...
Business | Fri Oct 09 2026
Ottawa in Talks With First Nations Over Airport Privatization
The Canadian government is in discussions with First Nations about potential participation in its pl...
Business | Fri Oct 09 2026
Japan Beer Giants Raided Over Alleged Price-Fixing Cartel
Japan’s four biggest beer manufacturers have been raided by the country’s antitrust regulator over a...
Business | Wed Oct 07 2026
Ottawa Demands Steel Job Plan From Cleveland-Cliffs or Legal Action
Canada’s federal government has given U.S.-based steelmaker Cleveland-Cliffs five business days to p...
Business | Tue Oct 06 2026
Nigeria Climbs to 8th in Africa Investment Risk Ranking
Nigeria has emerged as the biggest climber in Africa’s latest investment risk assessment, rising fou...
Business | Tue Oct 06 2026
UK Oil Refinery Broke Pollution Limits Dozens of Times, Documents Reveal
One of the United Kingdom’s biggest oil refineries breached environmental permit conditions dozens o...
Business | Tue Oct 06 2026
Burkina Faso Opens First Gold Refinery to Boost Local Revenue
The $19 million RAFFINOR-BF facility can initially refine 164 tonnes of gold annually, with plans to...
Business | Wed Sep 30 2026
Cleveland-Cliffs Could Face Legal Action Over Stelco Layoffs
Canadian Prime Minister Mark Carney says Ottawa will use its legal powers to enforce employment comm...
Business | Wed Sep 30 2026
Nigerian Airlines Threaten Nationwide Shutdown Over Union Disruptions
Airline Operators of Nigeria warn that all member airlines could immediately halt domestic operation...
Business | Tue Sep 29 2026
Wahab Shittu Says ‘Unexplained Wealth’ Is Hindering Nigeria’s Progress
Senior Advocate of Nigeria Wahab Shittu says Nigeria’s abundant human and natural resources have not...
Business | Tue Sep 29 2026
FG Approves Upgrade of Onne, Rivers, Delta and Calabar Ports
The Federal Government says the expansion of its port modernisation programme beyond Lagos will impr...
Business | Mon Sep 28 2026
Trump Considers Allowing Chinese Automakers to Build EVs in US
Trump Signals Openness to Chinese Car Production President Donald Trump has indicated that he wou...
Business | Fri Sep 25 2026
Nigeria, U.S. Sign Agreement to Deepen American Investment in $700bn Mineral Resources
Nigeria and U.S. sign framework for mining investment Nigeria and the United States have signed a...
Business | Thu Sep 24 2026
Many Nigerians Still Lack Reliable Electricity, Power Minister Tegbe Admits
Power Minister Acknowledges Continuing Electricity Challenges Nigeria's Minister of Power, Joseph...
Business | Wed Sep 23 2026
Ruto, Dangote Advance $17bn East Africa Refinery Deal in New York
Kenyan President William Ruto has held talks with Aliko Dangote and Africa Finance Corporation CEO S...
Business | Wed Sep 23 2026
Dangote Plans Over $10 Billion Power Investment, May Abandon Steel Business
Aliko Dangote says the Dangote Group could redirect funds from planned ventures, including steel, in...
Business | Tue Sep 22 2026
Coinbase Launches IPO Access for U.S. Retail Investors
Coinbase Opens IPO Market to U.S. Retail Customers Coinbase has launched a new service allowing e...
Business | Tue Sep 22 2026
Dangote Targets 10 Million Shareholders Across Africa Through Refinery IPO
Dangote Says Refinery IPO Is About Broadening Ownership Billionaire industrialist Aliko Dangote h...
Business | Tue Sep 22 2026
Sadio Mané Invests $19.5 Million in Agro Project to Create Over 1,000 Jobs
Senegalese football star Sadio Mané has launched SM10 Agro, a major agricultural and processing proj...
Business | Mon Sep 21 2026
J.P. Morgan Includes Nigeria in New Bond Index With 7.4% Weight
J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge...
Business | Tue Sep 15 2026
President Tinubu: Nigeria Is Open for Business, Working to Make Environment More Supportive
President Bola Ahmed Tinubu has assured local and international investors that Nigeria remains open ...
Business | Tue Sep 15 2026
Air Peace, United Nigeria Record Highest Number of Flight Delays in August — NCAA
Nigeria’s domestic aviation sector recorded widespread flight disruptions in August 2026, with 4,765...
Business | Mon Sep 14 2026
Dangote Refinery Opens ₦2.15 Trillion IPO to Public Investors
The Dangote Petroleum Refinery and Petrochemicals FZE has officially opened its Initial Public Offer...
Business | Mon Sep 14 2026
Nigerian Banks Shut 476 Branches in Three Years (3years)— CBN
Nigeria’s banking industry has reduced its physical footprint by 476 branches and cash centres betwe...
Business | Mon Sep 14 2026
Nigeria’s Oil Output Rises to 1.68m bpd, Meets OPEC Quota for Fourth Straight Month
Nigeria’s crude oil and condensate production rose marginally in August 2026, reaching about 1.68 mi...
Business | Mon Sep 14 2026
Petrol Price Rises to N1,430 Per Litre in Abuja as Dangote Raises Price
Petrol prices have climbed to N1,430 per litre at some filling stations in Abuja following Dangote R...
Business | Sun Sep 13 2026
Saudia to Launch Direct Abuja–Jeddah Flights From December
Saudi Arabia's national airline, Saudia, is set to commence direct flights between Nnamdi Azikiwe In...
Business | Sat Sep 12 2026
Nigeria Spends N952bn on Fuel Imports in Q2 2026
Nigeria spent N952.15 billion on imported petrol in the second quarter of 2026, even as domestic ref...
Business | Tue Sep 08 2026
Uber Shuts Down Nigeria Operations After 12 Years Amid Economic Crisis
Global ride-hailing pioneer Uber Technologies has officially ended its operations in Nigeria after 1...
Business | Thu Sep 03 2026
Dangote Raises Petrol Price To N1,200 Per Litre At Refinery Gate
The 650,000-barrel-per-day Dangote Petroleum Refinery and Petrochemicals facility has officially adj...
Business | Wed Aug 26 2026
Dangote and Rabiu Wealth Jumps $9.53 Billion In 2026 On NGX Rally
Nigeria’s premier business magnates, Aliko Dangote and Abdulsamad Rabiu, have expanded their collect...
Business | Thu Aug 20 2026
India-Nigeria Trade Hits $9 Billion as Manufacturing Grows
Bilateral trade between Nigeria and India surged to approximately $9 billion during the 2025/2026 fi...
Business | Wed Aug 12 2026
Nigeria Approves Deep Offshore Tax Incentives to Unlock $50B
ABUJA — In a decisive move to revitalize West Africa’s primary energy sector, the Nigerian National ...
Business | Wed Aug 12 2026
Oil Companies Reject 3% South-South Levy, Cite Multiple Taxation
ABUJA — A major legislative standoff that highlights the delicate balance between regional economic ...
Business | Sun Aug 02 2026
Queen Splash: From Street Hawking To Multi-Million Baking Empire
ONITSHA — An era where economic challenges across West Africa are driving young people to seek alter...
Business | Thu Jul 30 2026
Emirates Now Accepts Crypto Payments for Flight Bookings
DUBAI — Emirates, the largest airline in the United Arab Emirates and the premier long-haul carrier ...
Business | Thu Jul 30 2026
Guinness Nigeria Revenue Hits ₦142.27B, Declares ₦7 Dividend
LAGOS — Guinness Nigeria Plc, one of the nation's leading total beverage companies and a key player ...
Business | Tue Jul 28 2026
Tantalizers Returns to Profit as Restructuring Drives N73M Gain
LAGOS, NIGERIA — Shareholders of Tantalizers Plc, one of Nigeria’s most iconic and longest-standing ...
Business | Tue Jul 21 2026
ECOWAS Signs $25B Nigeria-Morocco Gas Pipeline Deal
The Economic Community of West African States (ECOWAS) has officially signed the Intergovernmental A...
Business | Tue Jul 21 2026
Apple Music Global Price Hike: What It Means For Nigeria
Apple Inc. has officially announced a sweeping price adjustment for its music streaming platform, Ap...
Business | Sun Jul 19 2026
UK Nationalizes British Steel, China Condemns Move
LONDON, UNITED KINGDOM — A major diplomatic dispute has erupted between London and Beijing following...
Business | Sat Jul 18 2026
Femi Otedola's First HoldCo Stake Hits $530 Million
LAGOS, NIGERIA — In a major development within West Africa’s financial sector, Nigerian billionaire ...
Business | Sat Jul 18 2026
Nigeria’s Foreign Reserves Hit 17 Year High of $51.86 Billion
LAGOS, NIGERIA — Nigeria’s gross external reserves have surged to $51.86 billion, marking their high...
Business | Fri Jul 17 2026
Tinubu Ends Raw Cocoa Exports With New Value-Addition Blueprint
ABUJA, NIGERIA — President Bola Ahmed Tinubu has declared a definitive end to the unrefined exportat...
Business | Thu Jul 16 2026
Canal+ Finalizes $3B MultiChoice Takeover: New Era
JOHANNESBURG, South Africa — The landscape of African broadcasting has undergone a permanent transfo...
Business | Tue Jul 14 2026
Dangote Refinery Switches To Dollar Fuel Sales From Naira
LAGOS, Nigeria — The Dangote Petroleum Refinery has officially transitioned its commercial sales mod...
Business | Tue Jul 14 2026
Lokpobiri Orders PMS Price Cut: Marketers Must Reduce Now
ABUJA — The landscape of Nigeria’s downstream petroleum sector is currently defined by a significant...
Business | Mon Jun 29 2026
Gombe State Flags Off 2026 Wet Season Agricultural Support
GOMBE — The Gombe State Government has officially launched its 2026 wet season agricultural support ...
Business | Wed Jun 24 2026
NNPCL Reduces Petrol Pump Prices in Lagos and Abuja
ABUJA / LAGOS — The Nigerian downstream petroleum sector is currently navigating a period of signifi...
Business | Wed Jun 24 2026
OPEC: Nigeria and Africa Need $92bn in Refining Investments Through 2050
ABUJA — The Organisation of Petroleum Exporting Countries (OPEC) has issued a landmark projection, a...
Business | Mon Jun 22 2026
SpaceX Stock Pullback: Retail Investors Face Breaking Point
NEW YORK — The global financial markets were electrified on June 12, 2026, when SpaceX, the aerospac...
Business | Thu Jun 18 2026
SpaceX Prepares Potential $20 Billion Bond Offering for AI Expansion
NEW YORK — Barely weeks after its historic debut on the Nasdaq, SpaceX is already making aggressive ...
Business | Thu Jun 18 2026
Femi Otedola Strengthens Majority Stake in First HoldCo via Private Placement
LAGOS — FBN Holdings Plc (FirstHoldCo), the parent company of Nigeria’s oldest commercial lender, Fi...
Business | Thu Jun 18 2026
Dangote Group Reportedly Offers Automatic Employment to 30 FUTO Students
OWERRI — In a move that signals a transformative shift in the relationship between Nigeria’s corpora...
Business | Thu Jun 18 2026
Nigeria Spends ₦20.4 Billion on Importation of Umbrellas, Footwear, and Related Goods
ABUJA — Despite concerted governmental efforts to stimulate domestic manufacturing and reduce relian...
Business | Wed Jun 17 2026
Nigeria Spends ₦23 Billion on Palm Oil Imports Amid Persistent Supply Gaps
ABUJA — Nigeria, once a dominant force in the global oil palm market, currently finds itself in the ...
Business | Wed Jun 17 2026
NCC and KPMG Initiate Comprehensive Review of Nigeria’s Telecom Pricing Framework
The Nigerian Communications Commission (NCC) has officially partnered with consultancy firm KPMG to ...
Business | Tue Jun 16 2026
World Bank List Apapa and Tin Can Among World’s Most Improved Ports
LAGOS — A landmark achievement for Nigeria’s maritime industry, the World Bank’s 2025 Container Port...
Business | Tue Jun 16 2026
Elon Musk Becomes World’s First Trillionaire Following Historic SpaceX IPO
NEW YORK — In a landmark moment for global markets and personal wealth, Elon Musk has officially bec...
Business | Fri Jun 12 2026
Standard Bank Reaffirms Strategic Support for Dangote Industries
LAGOS — Standard Bank Group, Africa’s largest financial institution, has underscored its long-standi...
Business | Thu Jun 11 2026
U.S. Pentagon Expands "Chinese Military Companies" Blacklist
WASHINGTON — In a significant escalation of tech and trade tensions, the U.S. Department of Defense ...
Business | Thu Jun 11 2026
Nigeria’s Trade Surplus Soars 341% to ₦7.55 Trillion in Q1 2026
ABUJA — Nigeria’s external sector has undergone a massive structural shift, with the country recordi...
Business | Tue Jun 09 2026
Aliko Dangote’s Net Worth Soars to $37 Billion Amidst Landmark Industrial Expansion
LAGOS — Aliko Dangote, the continent's wealthiest individual, has reached a historic milestone ...
Business | Tue Jun 09 2026
Federal Government Moves to Deregulate Airtime Credit Market, Ending 12-Year Monopoly
ABUJA — The Federal Government has initiated a major overhaul of Nigeria's airtime credit and data a...
Business | Mon Jun 08 2026
Dangote Refinery Hits 700,000 bpd Capacity, Eyes Global Refining Dominance
LAGOS — The Dangote Petroleum Refinery and Petrochemicals has officially redefined the benchmarks of...
Business | Mon Jun 08 2026
CBN Unveils Strict Foreign Exchange Manual, Slaps Banks with ₦100 Million Penalty for Compliance Failures
ABUJA — The Central Bank of Nigeria (CBN) has introduced a stringent regulatory framework for the na...
Business | Mon Jun 08 2026
Yobe State Government Slashes Tractor Hiring Fees by 50% to Boost Food Security
DAMATURU — In a major move to empower small-scale farmers and enhance agricultural output, the Yobe ...
Business | Thu Jun 04 2026
Dangote Refinery Positions as Global Jet Fuel Supplier Amid Surplus
LONDON — The Dangote Petroleum Refinery is leveraging its significant aviation fuel surplus to estab...
Business | Thu Jun 04 2026
Nigeria Partners with China Industrial Bank to Boost Rural Connectivity
ABUJA — The Federal Government has secured a major boost for its digital infrastructure agenda as th...
Business | Wed Jun 03 2026
Bank of America Appoints Adam Dixon as Global Head of Digital Asset Transformation
LONDON — Bank of America (BofA) has appointed senior trading executive Adam Dixon as its new Global ...
Business | Wed Jun 03 2026
Nigeria’s Economic Crisis: Fuel Prices Surge 463% in Three Years Since Tinubu Regime
ABUJA — Nigeria’s retail fuel prices have experienced an unprecedented rise, reaching a minimum of ₦...
Business | Tue Jun 02 2026
CBN Unveils "Payments System Vision 2028": A Blueprint for Financial Inclusion
ABUJA — Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, officially unveiled the Payments Sy...
Business | Tue Jun 02 2026
Governor Adeleke Champions Economic Diversification and Youth Entrepreneurship in Osun State
OSOGBO — The Osun State Government, under the leadership of Governor Ademola Adeleke, has reaffirmed...
Business | Tue Jun 02 2026
Dr. Adaora Umeoji: Two Years of Transformative Leadership at Zenith Bank
LAGOS — June 1, 2026, marks the two-year anniversary of Dr. Adaora Umeoji’s tenure as the Group Mana...
Business | Mon Jun 01 2026
Nigeria-UAE Economic Ties Deepen: Bank Entry and Flight Expansion
ABUJA — Economic and diplomatic relations between Nigeria and the United Arab Emirates (UAE) have re...
Business | Mon Jun 01 2026
Nigeria-UAE Economic Ties Strengthen as First Abu Dhabi Bank Announces Lagos Entry
ABUJA — Nigeria and the United Arab Emirates (UAE) are entering a new phase of economic and diplomat...
Business | Mon Jun 01 2026
CBN Reports External Reserves Near $50 Billion Mark Amid Naira Stability
ABUJA — Nigeria’s external reserves have continued a steady upward trajectory, climbing to $49.34 bi...
Business | Mon Jun 01 2026
NLC Rejects ₦100,000 Minimum Wage Proposal, Demands ₦1 Million for Nigerian Workers
ABUJA — The Nigeria Labour Congress (NLC) has officially dismissed the ₦100,000 national minimum wag...
Business | Mon Jun 01 2026
Dangote Refinery Reduces Ex-Depot Fuel Prices
LAGOS — The Dangote Petroleum Refinery has announced a further reduction in the ex-depot prices of P...
Business | Mon Jun 01 2026
Keyamo Appointed "African Champion" for $7 Billion Aviation Transformation Programme
BRAZZAVILLE — Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has been appo...
Business | Sun May 31 2026
Sallah Preparations Strained as Food and Livestock Prices Surge
LAGOS — As Muslim families across Nigeria finalize preparations for the upcoming Eid-el-Kabir ...
Business | Tue May 26 2026
Banks, Fintechs Flagged Over 82,000 Suspicious Transactions in 2024
ABUJA — Nigerian financial institutions and other reporting entities flagged 82,143 suspicious...
Business | Tue May 26 2026
Nigeria’s Ginger Exports Collapse to Zero as Fungal Blight and Soaring Costs Wipe Out ₦26.2 Billion Market
ABUJA — In a severe blow to Nigeria’s aggressive non-oil export ambitions, the country&r...
Business | Tue May 26 2026
Femi Otedola Pledges $100 Million Investment in Dangote Refinery Ahead of Historic Market Listing
LAGOS — Billionaire businessman Femi Otedola has announced a massive $100 million personal inv...
Business | Mon May 25 2026
US House Overwhelmingly Passes Landmark Bill Banning Corporate Landlords from Buying Single-Family Homes
WASHINGTON — In a rare and sweeping display of bipartisanship, the United States House of Repr...
Business | Mon May 25 2026
Dangote Refinery Draws $2 Billion Private Investor Bids Ahead of September Market Debut
LAGOS — The highly anticipated public listing of the Dangote Petroleum Refinery has clear...
Business | Mon May 25 2026
CBN Holds Benchmark Interest Rate at 26.5% to Combat Sticky Inflation
The Central Bank of Nigeria (CBN) has opted to keep its benchmark interest rate steady to better ass...
Business | Mon May 25 2026
Aviation Relief: Dangote Petroleum Refinery Crashes Jet Fuel Price to ₦1,650 Per Litre Amid Domestic Airline Crisis
LAGOS — In a major intervention designed to rescue Nigeria’s struggling aviation sector from collaps...
Business | Mon May 25 2026
Shareholder Value: NEM Insurance Plc Approves ₦7.52 Billion Dividend Following Strong Revenue Growth and Portolio Expansion Strategy
LAGOS — Underscoring its commitment to delivering sustainable investor returns despite deep-se...
Business | Fri May 22 2026
The Tech Collapse Blueprint: Michael Burry Warns Markets Facing an Imminent "Bloody Car Crash"
NEW YORK — Legendary hedge fund manager Michael Burry, the Scion Asset Management founder immo...
Business | Thu May 21 2026
The Ultimate Moonshot: Google in Talks with SpaceX to Launch Orbital AI Data Centers
SILICON VALLEY — In an extraordinary convergence of Big Tech and aerospace engineering, Alphab...
Business | Wed May 20 2026
Power Move: Femi Otedola Consolidates Control of First HoldCo with Massive ₦43.4bn Share Acquisition
LAGOS — In one of the most significant insider stock acquisitions on the Nigerian Exchange (NG...
Business | Fri May 15 2026
Liquidity Surge: Nigeria’s Banking Sector Braces for ₦10.53 Trillion Inflow
LAGOS — Nigeria’s financial ecosystem is preparing for a massive liquidity injection as ...
Business | Tue May 12 2026
Aviation Shock: Spirit Airlines Collapses After 34 Years as Iran War Fuel Prices Double
MIRAMAR, FL - Spirit Airlines, the pioneer of ultra-low-cost travel in the United States, has o...
Business | Sat May 02 2026
GTCO Food & Drink Festival 2026: N30m Loans and 204 Free Stalls to Scale SMEs
The 9th edition of the GTCO Food and Drink Festival returns to Lagos this May with a massive focus o...
Business | Sat May 02 2026
Dangote Jet Fuel Exports Skyrocket 770% as NNPC Crude Trading Hits Five-Year High
LAGOS - The global aviation fuel landscape is undergoing a "seismic shift" as the Dan...
Business | Thu Apr 30 2026
South Korea Makes History: Market Cap Crushes 6,000 Trillion Won Milestone
SEOUL — The South Korean financial market has officially entered a new epoch of valuation. Earlier t...
Business | Thu Apr 30 2026
Bank of Japan Holds Interest Rates at 0.75% as Growth Projections Slump
TOKYO - The Bank of Japan (BoJ) concluded its two-day policy meeting on Tuesday by electing to ...
Business | Thu Apr 30 2026
Recession Watch: German Consumer and Business Sentiment Hit Pandemic-Era Lows
BERLIN - The fragile stabilization that characterized the German economy in 2025 is being syste...
Business | Wed Apr 29 2026
P&G (Procter & Gamble) Flags $1 Billion Profit Hit as Gulf War Drives Oil to $100
CINCINNATI - Consumer goods giant Procter & Gamble (P&G) has issued a stark warning tha...
Business | Wed Apr 29 2026
Debt Milestone: Italy Set to Overtake Greece as Euro Zone’s Most Indebted Nation in 2026
ATHENS / ROME - In a historic reversal of fiscal fortunes, Italy is projected to become the eur...
Business | Wed Apr 29 2026
Aliko Dangote Proposes Mega-Refinery for East Africa; Seeks Partnership with Ruto and Museveni
NAIROBI - Billionaire industrialist Aliko Dangote has unveiled an ambitious plan to replicate h...
Business | Mon Apr 27 2026
Gulf War Fallout: IMF Warns of Sharp Rise in Food Insecurity Across Nigeria and Africa
ABUJA - The International Monetary Fund (IMF) has issued a stark warning that the ongoing confl...
Business | Mon Apr 27 2026