IMF Cuts Mideast, North Africa Growth Forecast To 1.1% Over Iran War
The International Monetary Fund sharply reduced its 2026 growth forecast for the Middle East and North Africa to 1.1…
Category: Business
Fuel Costs Push Spanish Inflation To 21-Month High
Spanish inflation jumped to a 21-month high of 3.4 per cent in March as the Middle East war caused…
Amazon To Buy Globalstar To Expand Satellite Network
Amazon said Tuesday that it had signed a deal to buy the US telecoms satellite group Globalstar to expand…
FG Defends Petrol Price, Says Cost In Nigeria Is 50% Below Global Average
The Federal Government has credited the economic reforms of President Bola Tinubu’s administration for the cost of petrol in…
PenCom Warns Nigerians Against Job Recruitment Scam
The National Pension Commission (PenCom) has urged Nigerians to be cautious and avoid falling victim to rising online recruitment…
$2.8bn AKK Pipeline Begins Gas Supply To Abuja In July, Says NUPRC
The long-delayed $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline will commence delivering natural gas to Abuja in July, according to…
Lagos Goes Digital With Housing Planning Permit
The Lagos State Government has formally migrated from analogue and semi-digital processing of planning permits for property owners in…
FG Incurs N418bn Power Subsidy
The Federal Government incurred a subsidy obligation of ₦418.79 billion in the fourth quarter of 2025, according to the…
Energia Appoints Oladimeji Bashorun As Chief Executive Officer
Energia Limited has announced the appointment of Oladimeji Bashorun as its Chief Executive Officer, following the exit of Chidi…
Dangote Refinery Has Been Helpful, But We Also Want To Import Fuel – Oil Marketers
Oil marketers have called for liberalisation of the downstream sector, where other players with licenses will be allowed to…