Economy

EU fines Temu €200m over illegal product oversight failures

Chinese e-commerce platform, Temu, has been issued a €200 million ($232 million) penalty by…

Gold prices slide to two-month low amid stronger dollar, geopolitical tensions

Spot gold prices have declined to their lowest level in two months, placing attention…

MTN remits N878.7bn in taxes as revenue, profit rise

Maha Christopher Telecommunications giant MTN Nigeria paid N878.7bn in taxes, levies, and duties to…

Court hears witchcraft abuse claims in N200bn libel suit

The High Court of Cross River State sitting in Calabar on Wednesday received detailed…

Fintech executive mocks United Nigeria airline over handwritten tickets

Nigerian entrepreneur, fintech executive, and political strategist Morris Monye has criticised a local airline…

NAICOM licenses first insurtech firm under new reform

Maha Christopher The National Insurance Commission has granted an operational licence to CBI Partnering…

Court freezes Chinese firm’s assets over alleged $117k debt

A Federal High Court in Port Harcourt, Rivers State, has issued an interim order…

NDPHC restores 450MW Alaoji power plant after two-year shutdown

  The Niger Delta Power Holding Company has restored operations at the 450 megawatts…

FG cancels $717.7m World Bank power loan over delays

  The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention financing…

Sallah ram prices soar to N1.2m in Nigeria – Report

  Prices of sheep have surged to as high as N1.2 million ahead of…

Oil prices slide as hopes grow for US-Iran peace deal

  Oil prices have fallen sharply, and Asian stock markets have risen on hopes…

Stakeholders query Lagos airport’s lack of insurance cover

  Several industry experts and officials have raised questions about the lack of insurance…

Agents lament daily N100k demurrage payment amid NSW delays

  Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian…

Clashes erupt as massive anti-government rally rocks Serbia

Central Belgrade witnessed violent confrontations on Saturday as police deployed tear gas during clashes…

Pakistani PM begins four-day China visit amid ongoing US-Iran peace efforts

Pakistani Prime Minister, Shehbaz Sharif, left for China on Saturday for a four-day official…