Unshackled journalism at its finest
Focus on global commerce, finance, entrepreneurship, and market trends.
Heirs Holdings Group Chairman, Tony O. Elumelu, highlights Nigeria’s investment potential and urges Indian private sector leaders to seize the opportunity during a Nigeria-India Presidential Roundtable and Conference. Tony O. Elumelu, Chairman of Heirs Holdings Group, has called upon Indian private sector leaders to consider investing in Nigeria, emphasizing that the current time presents a…
The Federal Government has announced upcoming changes in the pricing of single-phase and three-phase prepaid electricity meters, set to go into effect on September 6, 2023.
Google has announced that Alex Okosi, currently the Managing Director for YouTube in EMEA Emerging Markets, will now take on the role of Managing Director for Google in Africa.
President Tinubu has called upon top security agencies in Nigeria to take all necessary actions to recover the substantial sum of N1.1 trillion from defaulters of the Central Bank of Nigeria (CBN) Anchor Borrowers’ loan. The President has set a firm deadline for this recovery, demanding that it be completed on or before September 18,…
The nation’s fuel consumption has seen a substantial decline of 30% since the removal of petrol subsidy by President Bola Tinubu. This significant revelation was made by Mr. Mele Kyari, the Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), during a media briefing led by the Minister of Finance and Co-ordinating…
Dangote Cement Plc has addressed recent misinformation regarding cement prices in Nigeria, asserting that the country’s cement prices are either on par with or lower than those across the West African coast. The company stated that a bag of cement from its Nigerian factories is priced at N4,010 in Okpella and N4,640 in Ibese, Obajana,…
President Bola Tinubu has raised concern about Nigeria’s financial health, emphasizing that the country cannot sustainably service its debt when 90% of its revenue is allocated to this purpose. Speaking during the Nigerian Bar Association’s Annual Conference in Abuja, Tinubu highlighted the perilous trajectory this financial burden could lead the country to if left unaddressed….
In a recent statement shared on his X (formerly Twitter) handle @PeterObi, Peter Obi, a prominent Nigerian political figure and the Labour Party Presidential Candidate in 2023 general election, initially raised concerns about the closure of GlaxoSmithKline’s (GSK) operations in Nigeria after more than five decades of operation. The decision by GSK to end its…
In the wake of the recently concluded 15th Annual BRICS Summit, Brazil has put forth an innovative proposal to address trade risks for Argentina. As the influence of the dollar dwindles in Argentina due to acute shortages, Brazil has suggested using the Chinese Yuan as a trade guarantee. This move aims to mitigate the challenges associated with conducting trade in a currency facing significant volatility.
The economic strain resulting from the elimination of fuel subsidies has significantly impacted the livelihoods of commercial sex workers in Kano State.