Wednesday, June 24, 2026
IMF growth outlook for Nigeria stays flat as global economy’s upgraded by 0.1%
The International Monetary Fund (IMF) has maintained its growth outlook for Nigeria at flat 0.8 percent this year and 1.9...
Read moreDetailsAfrica’s air traffic accounts for just 5% of world total as Lagos airport handles 7.3m passengers in 2016
Africa's air passenger traffic accounts for a meager five percent of world total, which stood at 3.7 billion in 2016,...
Read moreDetailsJapan’s steelmaker, Kobe Steel, admission to faking data for metal used in cars, aircraft raises safety concerns
Japan’s steel maker, Kobe Steel, admission to faking data for metal used in cars and aircraft is raising concerns about...
Read moreDetailsMarriott International to invest $8.5m in African markets as it strengthens presence in Nigeria, others
Marriott International Tuesday announced a further $8.5 million expansion plan in Africa with seven new hotel signings, just as it strengthens presence...
Read moreDetailsNigerian equities trade positive in fourth consecutive session as benchmark index expands 1.41%
The Nigerian equities market closed positive Monday as benchmark index appreciated by 1.41 percent to settle at 36,831.93 basis points, thus sustaining...
Read moreDetailsNNPC says non-transparency allegations are baseless as due process followed in the award of contracts
Nigeria’s state oil company Monday said allegations by Emmanuel Ibe Kachikwu, minister of state for oil, that the conduct of...
Read moreDetailsTrump’s business empire in the UK suffers backlash on environmental, political controversies
American President, Donald Trump’s, businesses overseas may be losing huge sums of money as he gets enmeshed in countless controversies,...
Read moreDetailsOutlook for Nigerian naira stable amid increased demand for CBN dollars on Christmas inventory build-up
Demand for Central Bank of Nigeria (CBN) dollars has been projected to increase this month as Christmas inventory build-up. However,...
Read moreDetailsNigeria’s Dangote withdraws bid for South Africa’s cement maker, PPC
Nigeria’s Dangote has withdrawn his takeover bid of South Africa’s cement maker PPC. PPC said Friday that Nigeria's Dangote Cement had withdrawn...
Read moreDetailsAmerica’s 3rd and 4th largest wireless networks in final merger talks, deal announcement likely before end-October
America’s Sprint and T-Mobile are currently ironing out final deal details that would bring together the third (T-Mobile) and fourth...
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