Business Archives

business

French Ministry of Economy and Finance building in Paris

Business News

French Bond Yields Rise Above 5% Amid Economic Concerns

The yield on French government bonds has surpassed 5% for the first time in over two decades.

A solar panel installation representing renewable energy projects in Nigeria.

Business News

Nigeria Aims for $600 Million Investment in Renewable Energy and Innovation

The Federal Government plans to secure over $600 million for technology and renewable energy projects.

Bauchi State Governor Bala Mohammed speaking at an event.

Business News

Bauchi State Eliminates Broadband Charges to Boost Telecom Investments

Governor Bala Mohammed aims to enhance internet access and attract telecom companies by removing fees.

Meeting of IBEDC management with Ogun State customers discussing power supply improvements.

Business News

IBEDC Promises Better Power Supply for Ogun State Customers

The Ibadan Electricity Distribution Company vows to enhance electricity services in Ogun State.

Business News

Amazon Plans €16 Billion Investment in Germany, Focusing on AI and Infrastructure

Amazon will invest over €16 billion in Germany next year, enhancing AI and cloud services.

Aviation Minister Festus Keyamo discussing aviation developments.

Business News

Nigerian Government and Bi-Courtney Settle 20-Year Legal Battle in Aviation

The Nigerian government and Bi-Courtney Aviation Services have reached a settlement ending a long-standing legal dispute.

Former Nigeria Airways employees receiving pension benefits.

Business News

Federal Government Disburses ₦4.25 Billion to 600 Nigeria Airways Workers

The Nigerian government has paid ₦4.25 billion to 600 former employees of Nigeria Airways as part of their pension and severance benefits.

Nigerian currency notes and US dollar bills

Business News

Naira Falls Against Dollar at Official Exchange Rate

The Nigerian naira weakened against the US dollar at the Central Bank’s official market on October 19, 2026.

Graph showing UK unemployment rate decline

Business News

UK Unemployment Rate Drops Unexpectedly to 4.7% Ahead of Budget Update

Britain’s unemployment rate has decreased to 4.7%, surprising analysts and benefiting the Labour government.

Business News

World Bank Launches Plan to Improve Digital Access in Developing Nations

The World Bank reveals a strategy to enhance digital connectivity and affordability in developing countries.

Colombo Port, Sri Lanka, where the logistics hub project was planned.

Business News

China Withdraws from $392 Million Sri Lanka Port Project Amid Economic Concerns

A Chinese firm has pulled out of a significant logistics hub project at Colombo Port, with Sri Lanka seeking new investors.

Governor Biodun Oyebanji speaking at the digital postcode workshop in Ekiti State.

Business News

Ekiti State’s Digital Postcode Initiative Aims to Boost Economic Growth

Governor Biodun Oyebanji emphasizes the importance of a new digital postcode system for Ekiti’s development.

Elon Musk speaking about SpaceX shares for children

Business News

Elon Musk Plans to Give SpaceX Shares to Every Child in America

Musk announces initiative to distribute SpaceX shares to U.S. children next year.

Afreximbank African Trade Centre in Abuja

Business News

Nigerian Securities Commission Moves Key Conference to New Venue Ahead of Master Plan Launch

The Securities and Exchange Commission has shifted its conference venue as it prepares to launch a 10-year development plan for the capital market.

Nigeria's Director-General of Standards Organisation signing an international agreement

Business News

Nigeria Signs Global Measurement Agreement to Boost Trade and Standards

Nigeria has joined an international pact to enhance its measurement standards and trade capabilities.

Business News

Nigeria Aims for $7.1 Billion Investment in Sugar Industry Over 10 Years

The Federal Government plans to boost sugar production and create 110,000 jobs through significant investments.

Business News

Nigeria’s Manufacturing Activity Drops 10% Amid Cement Sector Decline

The manufacturing index in Nigeria fell significantly in September 2026, largely due to issues in the cement sector.

Manufacturers in Nigeria seek tax incentives for renewable energy investments.

Business News

Manufacturers Request 30% Tax Credit to Lower Energy Costs in Nigeria

Nigerian manufacturers urge the government to offer tax incentives for renewable energy investments amid rising energy expenses.

Governor Dapo Abiodun at the groundbreaking ceremony for the new industrial park.

Business News

Ogun State to Launch Major Industrial Park by Lee Group in November 2026

Governor Dapo Abiodun will lead the groundbreaking for a new industrial park aimed at boosting local employment and investment.

Business News

Nigeria’s Agriculture Sector Grows by 4.39% in Second Quarter of 2026

The Federal Government reports a significant growth in Nigeria’s agriculture sector, driven by reforms and investments.