China has unveiled a substantial 6 trillion yuan ($839 billion) refinancing plan to address mounting local…
Category: Business
NNPCL Denies Selling Adulterated Petrol, Calls Viral Video Claims False
The Nigerian National Petroleum Company Limited (NNPCL) has strongly refuted allegations circulating in a viral video…
Bank of England Cuts Interest Rate as Inflation Reaches Three-Year Low
The Bank of England (BoE) announced on Thursday that it is lowering its key interest rate…
Nigeria’s Economic Reforms Enter “Result-Delivery Stage,” Says Finance Minister
In a recent address to the Senate Committee on Finance, Nigeria’s Minister of Finance and Coordinating…
Nigeria’s Foreign Reserves Hit $40 Billion Amid Central Bank Reforms
Nigeria’s foreign exchange reserves have surged past $40 billion, their highest level in nearly three years,…
Malaysia to Phase Out Compressed Natural Gas Vehicles by 2025
The Malaysian government has announced plans to phase out the use of compressed natural gas (CNG)…
Elon Musk’s Wealth Surges by $13 Billion Following Trump’s Victory
Elon Musk, billionaire owner of Tesla and X, saw his wealth jump by around $13 billion…
CBN Issues Guidelines for Implementation of Free Foreign Exchange Deposit Window
The Central Bank of Nigeria (CBN) has released new guidelines to banks for the implementation of…
TotalEnergies CEO Pledges Billions in Investment for Nigeria’s Oil Sector
Patrick Pouyanne, President and CEO of TotalEnergies, has announced the company’s readiness to invest billions of…
FIRS Chairman Assures Agencies as New Tax Bills Stir Debate in Nigeria
Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji has reassured Nigerian government agencies that proposed tax…