Business
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Hong Kong Stocks Surge over 3% Amid Tariff Relief and China’s Strong Support for Tech Giants
Hong Kong’s stock market experienced a remarkable surge on Friday, with the Hang Seng Index jumping by 3.69%, or 805.96…
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Nigeria’s Oil Output Increases by 4% to 1.737 Million BPD in January 2025
Nigeria’s oil output, including condensate, increased by 4% month-on-month (MoM) in January 2025, reaching 1.737 million barrels per day (bpd),…
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Abuja Electricity Distribution Company Assures Full Power Restoration by February 23
The Abuja Electricity Distribution Company (AEDC) has assured electricity consumers in the Federal Capital Territory (FCT) and its neighbouring franchise…
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CBN Threatens Sanctions for Banks Imposing Withdrawal Limits Below N20,000
In a decisive move to safeguard customers’ access to their funds, the Central Bank of Nigeria (CBN) has issued a…
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MTN Nigeria Apologizes for 200% Hike in 15GB Data Price, Adds N500 to Plan
MTN Nigeria has issued a public apology to its customers after facing significant backlash for a sudden 200% price increase…
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Trump Urges Fed to Slash Interest Rates Amid Rising Inflation Concerns
President Donald Trump has called on the US Federal Reserve to lower interest rates, despite official data showing a continued…
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SEDC Targets South-East Economic Growth of $200bn by 2035
The Managing Director and Chief Executive Officer of the South East Development Commission (SEDC), Mark Okoye, has reaffirmed the commission’s…
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House of Representatives Begins Debate on Controversial Tax Reform Bills
The House of Representatives kicked off discussions on Wednesday regarding the four tax reform bills that were transmitted by President…
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Dangote Refinery Reduces Diesel Price to N1,020 Per Litre, Marking the Fourth Price Cut
Dangote Petroleum Refinery and Petrochemicals has announced a reduction in its diesel price, lowering the cost to N1,020 per litre…
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Federal Government Takes Full Ownership of Keystone Bank After Court Judgment
The Federal Government has officially taken full ownership of Keystone Bank following a court ruling on Tuesday, February 11, 2025,…
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