No shortage of public money to pay for a just energy transition
Rich countries have a bill to pay. A study in the journal Nature says they will owe low- and middle-income...
Business Affairs
Monetary policy tightening not enough to stem inflation, World Bank says
Contrary to the forecast of the International Monetary Fund (IMF), the World Bank said monetary policy tightening by the Central...
Afreximbank closes $500m dual tranche syndicated loan
Omeiza Bilal Industrial and Commercial Bank of China Limited (ICBC), London Branch and Standard Chartered Bank (SCB) have successfully closed...
Kyari rallies judiciary’s support against crude oil theft, seeks establishment of special court
Omeiza Bilal In order for the oil and gas industry to achieve its full potential as an enabler of national...
Again, vandals destroy newly rebuilt power tower along Damaturu-Maiduguri line
Omeiza Bilal The Transmission Company of Nigeria (TCN), has said that two of its towers, T193 and T194, along the...
Domestic equities gain N114bn
Domestic equity market Thursday closed higher, gaining N114 billion as bulls dominated trading activities. Market capitalisation of listed equities increased...
Nigeria still Africa’s biggest oil producer
Despite recording a decline in crude oil production for the month of May, 2024, Nigeria still retained its position as...
Multichoice active subscribers decline by 18%
Multichoice Group has blamed Nigeria’s harsh economic condition for the 18 per cent decline in its active subscribers, according to...
Geopolitics is corroding globalization
Adam Posen How should the IMF respond?The ongoing corrosion of globalization—reinforcing and being reinforced by geopolitical fragmentation—increases the vulnerability...
Harnessing Sub-Saharan Africa’s critical mineral wealth
By Wenjie Chen, Athene Laws, and Nico Valckx From electric vehicles to solar panels to future innovations, the global transition...
