Business Updates

ECB (The European Central Bank) has issued a warning that the escalating trade tensions between the United States and China could have far-reaching consequences for the eurozone economy. According to...

In a surprising turn of events amidst escalating trade tensions, Ontario Premier Doug Ford has announced a temporary pause on the cancellation of a $100 million contract with Elon Musk's...

Landmark Africa Group has signed a 35-year lease with Enugu State Government for Nike Lake Resort, setting the stage for its transformation into a world-class tourism destination. Learn more about...

PETROAN (The Petroleum Products Retail Outlets Owners Association of Nigeria) has announced a significant development aimed at increasing access to affordable petroleum products nationwide. The association will sign a direct...

Aba Power, the electricity distribution company serving Abia State, has introduced a substantial increase in electricity tariffs for its customers. The new rates, which took effect on January 1, 2025,...

Warri Refinery confirms that oil marketers are set to begin lifting Premium Motor Spirit (PMS), also known as petrol, from the Warri Refinery in February 2025. This development comes as...

FAO's (Food and Agriculture Organization) report reveals that global food commodity prices decreased by 2.1% in 2024 compared to the previous year. This decline is reflected in the FAO's Food...

NATCOMS (The National Association of Telecoms Subscribers) has expressed strong objections to the planned increase, citing the current economic hardship faced by Nigerians. Nigerian telecommunications subscribers (NATCOMS) are vehemently opposing...

Nigerians are cautiously optimistic about the country's economic prospects in 2025, despite the hardships faced in 2024. The domestic production of petroleum products by Dangote Refinery and the restart of...

Warri refinery and Port Harcourt refinery restart is expected to bring relief to Nigerians as petrol prices are predicted to drop. According to the Crude Oil Refinery Owners Association of...