New UBS report unveils wealthiest country in the world, Africa gains
In 2023, the global population became wealthier overall. As a result, global wealth rebounded from the decline seen in 2022. Switzerland retained its top position in the UBS Global Wealth…
9mobile appoints finance expert, Abolaji Idowu, as Chief Financial Officer
Board of Directors of Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, today announced the appointment of seasoned business and finance professional; Abolaji Idowu as the new Chief…
Global oil market will be in supply deficit next year, EIA says
July 10, 2024 Global oil demand will outpace supply niext year, the U.S. Energy Information Administration said on Tuesday, reversing a prior forecast for a surplus. The change came after…
Nigeria’s NNPC seeks new oil-backed loan to boost finances
July 9, 2024 Nigeria’s NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive told Reuters, as pressure mounts…
Understanding the Tinubu tax reforms, by Dapo Okubanjo
It is slightly more than one year into the President Bola Tinubu administration and like many other countries across the world, Nigeria is going through a cost of living crisis….
Skills Acquisition: NASENI trains Osun youths on shoemaking, tailoring
The National Agency for Science and Engineering Infrastructure (NASENI), has launched a skill acquisition training programme on modern shoemaking and tailoring for youths in Ife, Osun State. The three-day intensive…
Rural Electrification: World Bank to provide $750m for Renewable Energy Scale-Up
The new acting Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Abubakar Aliyu, has said that the focus of the Energizing Education Programme phase 11, is on…
NGX weekly: investors lose N21bn as transactions value sheds 15%
The value of transactions on the Nigerian Exchange Ltd. (NGX) dropped by 15 per cent during the week, resulting in a loss of N21 billion for investors compared to the…
Reforms trigger investor confidence in mining sector – Alake
The Minister of Solid Minerals Development, Dr. Dele Alake has affirmed that reforms implemented by the Tinubu administration have led to a renewed investor interest in Nigeria’s mining sector….
Kyari: Nigeria’s CNG Journey Has Commenced and is Irreversible
The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and…