Category: Business

Seoul-led gains across Asian equity indices as tech firms rebounded, helped by a softer-than-expected US inflation print that soothed worries about a possible interest rate hike this month that could weigh on the Al-linked sector. A graphic illustration of barrels of crude oil European stock markets retreated Wednesday as oil prices built on recent strong…

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The initiative is aimed at strengthening technical expertise across subnational regulators, although he cautioned that its impact would be limited without adequately staffed institutions to benefit from such training. The Nigerian Electricity Regulatory Commission (NERC) has proposed quarterly policy meetings with state commissioners to enhance coordination and harmonisation of regulatory frameworks, strengthen federal–state collaboration, and…

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The country’s chip market has grown from about $38 billion in 2023 to an estimated $45 billion-$50 billion in 2024-25. In this handout picture released by the official Saudi Press Agency (SPA), Indian Prime Minister Narendra Modi attends a meeting of Saudi-Indian Strategic Partnership Council held in Jeddah April 22, 2025. (Photo by -STR /…

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ChangXin Memory Technologies wants to rival US giant Micron and South Korea’s Samsung Electronics and SK hynix in memory chips used in AI data centres. An employee sorts products at a supermarket in Beijing on December 10, 2025. China’s consumer prices rose last month at their fastest pace in almost two years, data showed, following…

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The Commissioner for Planning and Budget Commission, Mukhtar Ahmed,  said Kaduna’s growing youthful population presents significant opportunities for economic growth, innovation, and social transformation if supported with the right policies and investments. FILE: Kaduna State Governor, Senator Uba Sani. Credit: X/@ubasanius The Kaduna State Government has called for increased investment in young people, saying they…

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The Strait of Hormuz Nigeria is among the African countries likely to feel the impact of disruptions to global fertiliser trade caused by the conflict in the Persian Gulf, the World Trade Organisation (WTO) has said. In the report, the WTO said the conflict has brought fertiliser shipments through the Strait of Hormuz, a critical…

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Fuel pump • Operators raise concerns over potential uptick in fresh loan demands• Naira may weaken as marketers stress-test FX liquidity• $85/barrel spike worsens consumer plight  Petroleum marketers may require about $1.84 billion every month to purchase petrol, diesel and aviation fuel from Dangote Petroleum Refinery following the company’s decision to price refined petroleum products in dollars, a…

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The consumer price index (CPI) rose by 3.5 per cent on a year-on-year basis, down from a 4.2 per cent increase in May, said the Labor Department. US Flag US consumer inflation cooled more than expected in June, government data showed Tuesday, as energy prices fell momentarily last month on a possible US-Iran deal in…

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COMCO said its removal could limit the visibility of search engines competing with Google, thereby reinforcing barriers to entry. The Swiss competition authority announced Tuesday it had opened a preliminary investigation into Google’s removal of the “choice screen” feature on Android devices in Switzerland. The feature allowed users to choose their default search engine during…

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Head of Distribution  Systems Storage and Retailing Infrastructure, Olufemi Adebowale, said the move became imperative in view of repeated breaches of regulatory requirements by the affected stations and the need to protect the rights of consumers from sharp practices.  Map of Ogun State The Nigeria Midstream and Downstream Petroleum Regulatory Authority, Abeokuta Field Office, has…

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