Minister of Power Adebayo Adelabu has said that Nigeria is set to receive a portion of a $30 billion investment aimed at electrifying Africa. During a...
Nigeria’s equities gained modestly at the start of the week as investor enthusiasm pushed stock prices slightly higher. The Nigerian Stock Exchange (NGX) All-Share Index climbed...
As Nigeria grapples with soaring inflation and a faltering naira, Goldman Sachs is calling for a substantial increase in interest rates to stabilize the economy and...
Under Cairo’s scorching sun, the bustling streets reveal an unexpected twist in dramatic price drops on big-ticket items like cars and appliances. Following March’s significant currency...
Ryanair’s announcement of a significant cut in summer fare expectations has sent ripples through the airline industry, causing stocks to fall sharply. The no-frills airline reported...
Vice-President Kamala Harris has secured the support needed to become the Democratic nominee for president. This was after President Joe Biden announced he would not seek...
Aliko Dangote, chairman of Dangote Industries Limited, has leveled serious allegations against personnel from the Nigerian National Petroleum Company (NNPC) Limited and certain oil traders. Speaking...
The Nigerian equity rebounded last week as investors pocketed a N512 billion gain on the back of the surge in trading activity. This surge reflects an...
Oil prices rose during the Asian trading session today on speculation that the U.S. Federal Reserve may begin cutting interest rates as soon as September. Brent...
The Monetary Policy Committee (MPC) is set to convene on July 22-23, 2024, amid soaring inflation and economic challenges in Nigeria. Led by Olayemi Cardoso, the...