Asia Stocks Gain Before FOMC, Yen Rises on Warning
Shares in Asia in Asia traded broadly higher ahead of Wednesday’s Federal Reserve decision. The yen strengthened from near its weakest...
Elon Musk to do a live interview with UK PM Rishi Sunak on Thursday evening.
The tech billionaire is expected to attend the global summit on artificial intelligence ahead of this meeting. he summit, at...
BP posts profits of $3.3bn as oil prices rise again
Energy giant BP has reported lower than expected profits despite global oil prices rising again. The company posted profits of...
Nigeria’s Power Sector 10 Years After Privatization: Minister Threatens Sanctions Over Poor Performance
The Minister of Power, Adebayo Adelabu, has issued a stern warning, threatening to revoke the licenses of underperforming companies in...
Oil Prices Recover in Asian Trade Amid Middle East Tensions Despite Weak China Data
Oil prices experienced an upturn in Asian trading on Tuesday, following a more than 3% decline in the previous session....
FG May Revoke Non-Performing 2021 Marginal Oil Field Licences
The Nigerian government is considering the possibility of revoking a significant number of the marginal field licenses that were awarded...
Ethiopian Airlines to Resume Four Weekly Services to Madrid
Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s largest airline, is pleased to announce that it will...
NUPRC to sanction firms starving private refineries of crude oil
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned companies charged with the responsibility of supplying crude oil to private refineries...
Manufacturers raise alarm over multiple taxes in Nigeria
The Manufacturers Association of Nigeria (MAN) has raised the alarm over the burden of multiple taxes, being faced by its members,...
Chinese loan rises by $800m in one year, hits $4.73bn
Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as of June 30, 2023, showing...
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