KEDCO Starts $550M World Bank Metering Scheme

Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.

Poland's $1.1B Africa Investment Drive Launched

Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.

ECB Holds Rates Steady Amid Inflation Concerns

European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.

Asia Markets Watch Trump-Xi G20 Meeting

Asian stock markets showed cautious trading as investors await the crucial meeting between US President Donald Trump and Chinese President Xi Jinping at the G20 summit. Get the latest analysis on market movements and economic implications.

US Government Shutdown Threatens Economic Data Blackout

The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.

Nigeria fights arbitrary shipping surcharges

Nigerian importers and exporters unite through UASC to challenge arbitrary charges imposed by foreign shipping lines, demanding transparency and fair pricing in maritime trade.

Oil Marketers Warn Against Monopoly in Nigeria

Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.

IDL Warns Distributors Against Price-Cutting

International Distributions Limited cautions distributors against unauthorized price reductions, emphasizing commitment to fair pricing and rewarding compliance in Nigerian market.

Samsung Profits Jump 32% in Q1 2024

Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.

Nigeria Introduces ₦15,000 Travel Levy for 2025

The Nigerian government has announced a mandatory ₦15,000 levy on all international travelers departing from Nigerian airports beginning January 1, 2025. Discover how this new policy will affect your travel plans and what exemptions apply.

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

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