Business Top Stories

Africa’s Biggest Oil Producer Struggles Despite Price Bonanza

Culled from Bloomberg Nigeria’s oil output dropped to the lowest level since 2016 Government blames theft and vandalism for declining

Business Top Stories

China’s Biggest Developer Says Property Crisis Has Yet to Bottom

Culled from Bloomberg News China’s biggest property developer by sales is predicting more pain for the real estate industry after

Business Top Stories

The major reason CBN policies can’t bring inflation down

Inflation seems to be the buzzword in Nigeria these days. It comes as no surprise, though, given the near-unprecedented rise

Business Top Stories

VAT collections up in Q1 2022

The National Bureau of Statistics (NBS) published data on the revenue generated from Value Added Tax (VAT) collections in Q1

Business Great Things Tech Top Stories

Nigerian startup, Moove secures $20 million credit from British International Investment

Nigerian mobility fintech startup, Moove has secured a $20 million four-year structured credit from the British International Investment (BII), the

Banking Business Top Stories

Fitch Upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The

Business Top Stories

Global equity funds gain weekly inflows after big selloff

 Global equity funds obtained capital inflows in the week ended June 22, following a heavy selling in the previous week,

Business Top Stories

Dollar stumbles as markets rethink interest rate path

 The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialed down

Business Top Stories

Holiday group TUI’s CEO to step down

TUI (TUIGn.DE) said on Friday Friedrich Joussen was stepping down as chief executive officer at the end of September after helming the

Business Top Stories

Nigerian government to train 1 million software developers in 18 months

The Federal Government of Nigeria has said it is working on training 1 million software developers in Nigeria in the