Tuesday, April 7, 2026
Oil slips to 2-week low as OPEC reports weak demand prospects
Onome Amuge Oil prices fell to their lowest in two weeks on Wednesday, a day after the Organization of the...
Read moreDetailsFG’s $3.5bn foreign debt servicing exposes rising vulnerability to external debt
A new data released by the Central Bank of Nigeria (CBN) shows that the federal government has spent $3.58 billion...
Read moreDetails16 Nigerian firms lose N792bn amidst manufacturing sector crisis, reveals MAN
Onome Amuge The Manufacturers Association of Nigeria (MAN) recently disclosed that 16 major manufacturing firms suffered losses amounting to N792...
Read moreDetailsManufacturers stuck with N1.24tn in unsold goods as consumers’ buying power weaken
Onome Amuge The Manufacturers Association of Nigeria (MAN) has disclosed that its unsold inventory has increased 357.57 percent in the...
Read moreDetailsNigerians choke on high fuel prices as stakeholders battle for control
Marketers kick as Dangote fights for monopoly Onome Amuge Aliko Dangote, chairman/founder, Dangote Group The phrase “When two elephants fight,...
Read moreDetailsNigerian sub-nationals battle for survival as debt portfolio rises
Lagos, Rivers only viable states in 2023 Bamidele Famoofo There is a huge gap in financing infrastructure in Africa’s fourth-largest...
Read moreDetailsGlobal food prices hit 18-month high in October -FAO
Onome Amuge World food prices climbed to an 18-month peak in October 2024, according to data from the United Nations'...
Read moreDetailsGlobal oil demand to hit 120.1m barrels per day by 2050- OPEC
Bamidele Famoofo Global oil demand is projected to reach 120.1 million barrels per day (BPD) by 2050, while energy demand...
Read moreDetailsNational power grid collapses second time in 2 days
Onome Amuge The power supply in Nigeria experienced another setback on Thursday, with the National Grid suffering a second collapse...
Read moreDetails2024 on track to beat heat record, EU scientists predict
Onome Amuge A recent report from the European Union’s Copernicus Climate Change Service (C3S) concluded that 2024 is “virtually certain”...
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