Category: Business
Africa’s Top Policymakers Meet In Abuja To Tackle Global Economic Uncertainty
The event, themed “Building Resilience Amidst Geoeconomic Uncertainties,” brings together policymakers and finance experts to share perspectives on addressing volatility in global and domestic markets. A combo image of Cardoso and Okonjo-Iweala The seventh meeting of the African Emerging Markets Forum is ongoing at the Central Bank headquarters in Abuja. The meeting is attended by…
Tinubu Approves ₦46bn For Reconstruction Of Kano Airport Runway
Festus Keyamo, while outlining ongoing presidential interventions, said the project is expected to significantly boost operational efficiency and position Kano among the world’s leading international airports. FILE: President Bola Tinubu at the National Assembly. President Bola Tinubu has approved ₦46 billion for the resurfacing and reconstruction of Kano Airport’s second runway. The Minister of Aviation…
BMW To Cut 8,000 Jobs By End 2027Around 40,000 of BMW’s roughly 85,000 permanent German employees would receive the offers starting in October.
Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP Wednesday. About 40,000 of BMW’s roughly 85,000 permanent German employees would receive the offers from October, the source said, adding that production line workers would…
ENI 2nd Quarter Profit Rises To £3.3bn On Higher Prices, Output
The group’s production climbed by 11 per cent, boosted by the ramp-up of new projects in West Africa, the Gulf of Mexico, Norway, and Indonesia. A view of the logo representing Italian multinational oil and gas company ENI, at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025.…
Oil Price Up More Than 3% After Iran Attacks
At around 0015 GMT, US benchmark West Texas Intermediate had climbed 3.67 per cent to $82.17 a barrel, while North Sea Brent crude rose 3.39 per cent to $86.94. A graphic illustration of barrels of crude oil Oil prices jumped more than three percent in early Asian trade on Wednesday after the US military said…
Zedcrest group completes acquisition of leatherback
Zedcrest Group has completed its acquisition of Leatherback, the UK-founded global payments and financial technology company. The acquisition marks a significant milestone in the Group’s ambition to build a globally connected financial services ecosystem. This cements years of partnership following Zedcrest original investment in Leatherback announced in 2021.The acquisition brings together one of Africa’s leading financial…
Confirmed — consistent with the ongoing lithium/China investment drive in Nasarawa. Here’s the reframe:
Gov Sule Strengthens China Investment Drive, Attends Commissioning Of Manufacturing Plant He reaffirmed that the Nasarawa State Government remains committed to fostering an enabling environment for credible investors. Nasarawa Governor Abdullahi Sule said his government is committed to creating the right environment for businesses. The Governor of Nasarawa State, Abdullahi Sule, has reaffirmed his administration’s…
Gov Eno Approves ₦31bn Economic Empowerment Programme For 165,912 Akwa Ibom Residents
The initiative, funded through the 2026 Appropriation Law at ₦1 billion per Local Government Area, is designed to empower youths, women, traders, farmers, transport operators, and Small and Medium Enterprises (SMEs) through targeted interventions aimed at driving entrepreneurship, generating jobs, and cutting poverty. Akwa Ibom State Governor, Pastor Umo Eno, has secured Executive Council approval…
Mutfwang Unveils Digital Transformation Drive, Says Technology Boosting Security, Governance
He said the government would keep expanding digital governance by adopting e-governance, e-commerce, and other technology-driven initiatives geared toward improving efficiency and service delivery. Plateau State Governor, Caleb Mutfwang, on Tuesday, July 28, 2026 while receiving the National Executive Council of the Nigerian Computer Society during a courtesy visit at the Government House, Rayfield, Jos,…
Indian Minister Sues Meta, Others Over Ethanol Posts
E20 petrol, a blend containing 20 per cent ethanol, has drawn scrutiny after viral social media posts claimed it damages engines and increases maintenance costs in vehicles built for lower ethanol blends. FILE: Meta is displayed in Menlo Park, California. (Photo by JOSH EDELSON / AFP) India’s road transport minister Nitin Gadkari sued Meta and…
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Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
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