Sunday, July 26, 2026
Global unemployment to dip slightly in 2024, but inequality issues persist, warns ILO report
Business a.m. Global unemployment has been projected to dip slightly in 2024, according to the International Labour Organization’s (ILO) latest...
Read moreDetailsAfrica Energy Bank opens new chapter for financing Africa’s energy projectsÂ
Business a.m. The African Petroleum Producers Organization (APPO) and the African Export-Import Bank (Afreximbank) have sealed an agreement to establish...
Read moreDetailsOrganised Labour suspends strike, gives FG 5 days to resolve minimum wage issue
Business a.m. The Organised Labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), have agreed to suspend...
Read moreDetailsMinimum wage:NLC, TUC tug Nigeria’s economic crisis edge with nationwide strikeÂ
ONOME AMUGE IN LAGOS, NIGERIA With a resolute commitment to achieving the goal of a substantial minimum wage for Nigeria’s...
Read moreDetailsRates expectations shape global currencies but to stay higher in 2024Â
PHILLIP ISAKPAÂ IN LONDON, UK Divergence in rate expectations across major economies of the world is shaping the behaviour and...
Read moreDetailsCBN revokes Heritage Bank’s operating licence over financial stability concerns
Business a.m. The Central Bank of Nigeria (CBN) has announced the immediate revocation of Heritage Bank Plc’s banking license. The...
Read moreDetailsDana Air mulls return, new fleet, talks up fresh investment
As CEO meets aviation minister L-R: Jacky Hathiramani, chief executive officer, Dana Air; Festus Keyamo, minister of aviation and aerospace...
Read moreDetailsNigeria secures $500m World Bank loan to fund DisCos
Business a.m. The federal government has secured a $500 million loan from the World Bank to finance the country’s electricity...
Read moreDetailsTax reform committee pushes N800/$ customs import duty rate
The Presidential Committee on Fiscal Policy and Tax Reforms has put forward a proposal that the exchange rate for customs...
Read moreDetailsOil slides on concerns of slowing demand, market awaits U.S stockpiles report for further direction
Business a.m. Oil prices eased on Thursday, as robust U.S. economic data signaled the likelihood of ongoing higher borrowing costs,...
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