Economy

Anambra targets agro-industrialisation, forex earnings for farmers

Maha Christopher The Anambra State Government has announced plans to drive the industrialisation of…

X to pay A$650k in Australian child safety transparency case

An Australian court has affirmed a financial penalty imposed on Elon Musk’s social media…

SpaceX IPO filing reveals billions in AI losses despite Starlink growth

SpaceX has unveiled massive losses within its artificial intelligence and space operations as Elon…

Bwala defends Nigeria’s borrowing amid social media campaign against FG loans

Senior Special Adviser to President Bola Ahmed Tinubu on Policy Communication, Daniel Bwala, has…

CBN retains interest rate at 26.5% after inflation uptick

  The Monetary Policy Committee of the Central Bank of Nigeria has voted to…

Dangote unveils multi-billion dollar deep-sea port plans in Ogun, Ondo

  Dangote Industries Limited has commenced preliminary processes for the construction of a deep-sea…

China confirms agreement to purchase 200 Boeing aircraft

China’s Ministry of Commerce has confirmed that an agreement has been reached for the…

Global memory chip boom may cool by 2028 – Samsung adviser

The current artificial intelligence–driven boom in memory chips could begin to lose strength by…

Russia courts China for energy lifeline as Xi, Putin meet in Beijing

Russian President, Vladimir Putin met with Chinese President, Xi Jinping, in Beijing on May…

Wizkid becomes first African artist to surpass 11 billion Spotify streams

Nigerian global music star, Wizkid, has made history as the first African musician to…

Dangote refinery slashes jet fuel price to N1,650 per litre

  Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel to…

Kasi Cloud unveils first phase of 100MW AI ready data centre in Lagos

Maha Christopher Nigeria’s push to strengthen its digital infrastructure received a major boost on…

SEC warns Nigeria against rising ponzi schemes on social media

  The Securities and Exchange Commission has warned Nigerians against investing in unregistered online…

FBI offers $200k for Ex-US officer wanted for Iran espionage case

The Federal Bureau of Investigation has announced a $200,000 reward for information that could…

‘They’ll vote me out’, Tinubu speaks over economic failure

President Bola Ahmed Tinubu has acknowledged that growing economic challenges and frustration among young…