Business Confidence in Nigeria Hits 14-Month High
|By Adejumo Adekunle- • Surge in new orders fuels economic optimism• Input cost inflation drops to lowest level in nearly a year Business confidence in Nigeria soared to its highest…
U.S. Approves $5.58 Billion F-16 Jet Sale to Philippines
|By Adejumo Adekunle- The United States has approved a $5.58 billion sale of F-16 fighter jets to the Philippines, reinforcing its ally amid escalating tensions with China. The U.S. State…
Europe to Hit Back If Trump Slams Tariffs
|By Adejumo Adekunle- — Won’t Escalate Trade War, Says Ferracci — Price Hike, Retaliation Loom Europe will respond proportionately if U.S. President Donald Trump imposes new tariffs on global trading…
Nigeria’s Neglect Costs Airlines ₦25bn Yearly in Towing Fees
|By Adejumo Adekunle- Operators Accuse FAAN of Connivance Passengers Endure Delays Over Missing Aero Bridges International airlines operating in Nigeria lose a staggering ₦25 billion annually to aircraft towing fees…
MRS Hikes Petrol Price to N930, N950 in Lagos, Abuja
|By Adejumo Adekunle- • Hike follows Dangote Refinery’s halt of Naira sales• Other filling stations adjust pump prices MRS filling stations, a partner of Dangote Refinery, have raised the pump…
Green Africa Grounds Flights Over Aircraft Lessor Issue
|By Adejumo Adekunle- — Airline Apologises to Passengers— Vows Swift Resolution Nigeria’s domestic airline, Green Africa, has temporarily halted flight operations due to an unexpected issue with its aircraft lessor.…
Musk Targets $1 Trillion Spending Cut in 64 Days – Slashes Government Waste
|By Adejumo Adekunle- US President Trump’s Adviser Eyes $1 Trillion Federal Budget Reduction DOGE Has Already Saved Taxpayers $115 Billion – Musk White House-Backed Cost-Cutting Plan Nears Completion Elon Musk,…
IMF Appoints Tony Elumelu to Global Advisory Council on Entrepreneurship
|By Adejumo Adekunle- – Nigerian billionaire to champion Africa’s economic transformation– Council to tackle regulatory barriers to business growth– Elumelu’s Africapitalism vision gains global recognition The International Monetary Fund (IMF)…
UBA Reports Record Profit for 2024, Posts N766.6 Billion Net Profit
Babatunji Wusu – Record Net Profit: UBA’s after-tax profit surged to N766.6 billion, a 26.1% increase from N607.7 billion in 2023. Strong Interest Income Growth: Net interest income more than…
MultiChoice Slammed for Price Hike in Nigeria, Cuts Rates in South Africa
|By Adejumo Adekunle- – NGO accuses MultiChoice of double standards in pricing– FCCPC battles MultiChoice over alleged exploitative practices– Calls mount for NBC to dismantle MultiChoice’s market monopoly A Nigerian…
