Friday, April 19, 2024

Economy

April 17, 2024

Tinubu hails Dangote as diesel price falls to N1,000 per litre

Dangote recently reviewed the diesel price from N1,650 to N1,000 per litre.

President Bola Tinubu and Dangote
April 17, 2024

Millions of euros damages after Black Forest warehouse blaze

A fire in two warehouses in a town in the northern Black Forest on Tuesday caused damage totalling several million euros.

NORTHERN BLACK FOREST FIRE
April 17, 2024

European natural gas price reaches highest level since January

On Wednesday, the benchmark TTF futures contract for delivery in a month rose to $36.12 per megawatt hour on the Amsterdam stock exchange.

gas flaring used to illustrate the story
April 17, 2024

2024 Africa Wealth Report: Nigerian, other African nations’ millionaire population to rise by 65%, Henley & Partners forecasts

Africa’s ‘Big 5’ wealth markets — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for 56% of the continent’s millionaires and over 90% of its billionaires.

Luxury
April 17, 2024

Ex-MAN boss lauds Dangote for pegging diesel price at N1,000 per litre

Mr Adegbite said he hoped the move would be sustained and not just predatory pricing.

Dangote refinery
April 16, 2024

NGX: Market capitalisation drops N1.1 trillion on sell-offs 

The market’s declining performance was driven by sell-offs in telecommunications heavyweights.

Nigerian Exchange
April 16, 2024

Tinubu says ‘National Single Window’ project will facilitate national integration

President Bola Tinubu said introducing the National Single Window (NSW) project would facilitate national and regional integration.

President Bola Tinubu (Credit: Presidency)
April 16, 2024

IMF forecasts global growth will hold steady at 3.2% in 2024, 2025

IMF says global growth in 2024 and 2025 is projected to hold steady at 3.2 per cent, at the same pace as in 2023.

IMF HQ
April 16, 2024

OPEC woos Namibia as it prepares to produce oil from 2030

The OPEC+ oil producers group is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest output by the next decade.

Oil rig
April 16, 2024

Fidelity Bank’s customer deposits cross N4 trillion mark, posts N124.3 billion pre-tax profit

According to her, the total customer deposits crossed the N4 trillion mark, as deposits grew by 55.6 per cent from N2.6 trillion in 2022.

Nneka Onyeali-Ikpe