Business Archives

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Business News

Delta State Plans to Create 5,000 Jobs with Glass Factory Revival

The Delta State Government aims to revive the Delta Glass industry, creating thousands of jobs.

Business News

Mercedes-Benz Halts Investments in Germany, Considers Plant Closures Amid Industry Crisis

The German carmaker faces tough competition and high costs, leading to potential job losses.

President Bola Tinubu speaking at an economic event in Abuja.

Business News

Nigeria Aims for $1 Trillion Economy by 2030, Says President Tinubu

President Bola Tinubu announces Nigeria’s economic goals and reforms during a recent event.

Business News

President Tinubu Says Nigeria’s Economy is Recovering After Reforms

President Bola Tinubu believes Nigeria’s economy is improving thanks to recent reforms.

Nvidia CEO Jensen Huang speaking at a conference.

Business News

Nvidia CEO Jensen Huang Resigns Amid Allegations of Affairs and Spying Links

Jensen Huang steps down as CEO of Nvidia following reports of extramarital affairs and potential spying concerns.

Governor Douye Diri of Bayelsa State speaking at a forum.

Business News

Bayelsa State Teams Up with US Firm to Reduce Gas Flaring

The Bayelsa State Government has partnered with Fulcrum LNG to address gas flaring and boost local power supply.

Business News

Federal Government Grants 30-Year Concession for Port Harcourt Airport

The concession aims to improve efficiency and attract private investment to the airport.

New Ghanaian cedi banknotes displayed during their launch.

Business News

Ghana Introduces New Smaller Banknotes to Combat Counterfeiting

The Bank of Ghana launches a new series of banknotes with enhanced security features.

Jensen Huang arrives for a banquet with world leaders.

Business News

Nvidia CEO Jensen Huang Resigns Amid Scandal Involving Affairs

Jensen Huang steps down from Nvidia after reports of extramarital affairs, leaving the company in a challenging position.

Business News

UK Economy Grows 0.7% in Third Quarter, Boosted by AI Spending

Britain’s economy saw a 0.7% growth in the third quarter, largely driven by investments in artificial intelligence.

Liquefied Compressed Natural Gas facilities in Kano, Nigeria.

Business News

Nigeria’s Gas Resources Aimed at Improving Lives, Says Minister

Minister Ekperikpe Ekpo highlights President Tinubu’s commitment to using gas resources for better living conditions in Nigeria.

European Central Bank headquarters in Frankfurt, Germany.

Business News

EU Aims to Select New European Central Bank Chief by December

The European Union plans to name a successor to Christine Lagarde by the end of the year.

Power lines and pylons near Marl Chemical Park in Germany.

Business News

Five EU Nations Urge Quick Agreement with UK on Electricity Market

Germany, Belgium, the Netherlands, Denmark, and Luxembourg want faster talks for UK electricity market access.

Business News

Naira Strengthens to N1,375 per Dollar in Parallel Market

The naira gains value against the dollar in both the parallel and official markets.

Minister Hannatu Musawa speaking at the African Fashion Industry Growth Charter event.

Business News

Minister Calls for Unified Efforts to Enhance Africa’s Textile Industry

Hannatu Musawa urges African nations to collaborate on boosting textile production and standards.

British High Commissioner Pete Vowles at the reception celebrating UK-Nigeria relations.

Business News

Nigeria and UK Boost Trade to £7.3 Billion, Celebrating Strong Ties

The British High Commission highlights growing economic connections between Nigeria and the UK.

Taiwo Oyedele speaking at the University of Uyo convocation.

Business News

Minister Warns Nigeria Against Overreliance on Foreign Data Infrastructure

Taiwo Oyedele emphasizes the need for Nigeria to develop its own digital capabilities.

Graph showing rising debt levels in developing countries.

Business News

Developing Countries’ Debt Reaches Record $9.4 Trillion in 2025, Says World Bank

The World Bank reports that developing countries’ external debt has surged to $9.4 trillion, driven by private financing.

Illustration of a mobile wallet and cash withdrawal process

Business News

How to Check Eligibility and Claim the N50,000 Federal Grant in Nigeria

The Nigerian government outlines steps for beneficiaries to confirm eligibility and access funds.

A promotional graphic for CANEX WKND 2026 in Lagos

Business News

iDICE Partners with Afreximbank for CANEX WKND 2026 in Lagos

The iDICE Programme will connect Nigerian creative and tech businesses with investors at CANEX WKND 2026.