Economy

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…

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…