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News - Page 618

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

October 12, 2026

Kenya’s mounting debt repayments are intensifying debate over the impact of International Monetary Fund (IMF) lending conditions, including tax increases and spending cuts, as the government faces a major refinancing challenge ahead

News·Nigeria·Oil & Gas

Nigeria’s NCDMB Urges Indigenous Oil Firms to Expand Access to Assets

October 12, 2026

Nigeria’s oil and gas industry regulator has urged indigenous companies to strengthen their technical capabilities and improve access to financing, technology and critical assets to boost their competitiveness and expand into international

News·World News

US Stocks Struggle Despite Intraday Rebound

US stocks saw a turbulent trading session on Wednesday as major indices struggled to find solid ground. The NASDAQ and S&P 500 indices both opened lower, sparking concerns among investors. Although there was a brief intraday recovery, the markets ended the session

September 5, 2024

News·Technology·World News

Donald Trump Faces Scrutiny Over New Cryptocurrency Project

Republican presidential candidate, Donald Trump, recently announced the launch of his new cryptocurrency project, World Liberty Financial. Trump claimed that this DeFi (Decentralised Finance) platform would revolutionise financial access for everyone. However, the project has already encountered significant issues, raising concerns among

September 5, 2024

Telegram Apologizes To South Korea For Deepfake Porn Scandal, Vows Cooperation

News·Technology·World News

Telegram Apologises To South Korea For Deepfake Porn Scandal

Telegram has issued an apology to South Korean authorities following an investigation into the distribution of deepfake pornographic material on its platform. This controversy has intensified amid what many are calling a digital sex crime epidemic in South Korea. The scandal revolves

September 5, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th September 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki fx as

September 5, 2024

Business News·Markets·News·Oil & Gas

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

The Nigerian National Petroleum Company Limited (NNPCL) has found itself at the centre of a financial and operational crisis that has left Nigerians reeling from the consequences. The NNPCL, once hailed as Nigeria’s most valuable asset, is now being viewed by many

September 5, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business News·Markets·News

Nigeria’s Equity Market Declines By 0.35%, Investors Take Profit In Major Stocks

Nigeria’s equity market saw a dip of 0.35%, shedding N193 billion in value on Wednesday, marking the first negative close for September. Investors began to take profits from some of the market’s major gainers year-to-date, resulting in a downward trend. Major Stocks

September 5, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

News·Power

Power Generation Hits 3-year High At 5,313MW

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu. The minister disclosed this while speaking at an event in Beijing, China on the eve of the opening ceremony of

September 4, 2024

News

Alleged Terrorism Financing: Briton Declines Police Invitation, FPRO Claims

The Nigeria Police Force has said the British national, Andrew Wynne, who was declared wanted for allegedly being involved in a plot to overthrow President Bola Tinubu and terrorism financing, has refused to show up for interrogation. Force Public Relations Officer, Olumuyiwa

September 4, 2024

Dangote Refinery Debunks Report On Reselling Imported Crude

Business News·News·Oil & Gas

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Dangote Refinery is expected to prioritise profit despite high fuel prices in Nigeria, according to energy expert, Olabode Sowunmi. Speaking on ARISE News on Wednesday, Olabode Sowunmi, Chairman of the Energy Transition Study Group at the Nigerian Gas Association, addressed these concerns.

September 4, 2024

Coca Cola Pepsi Face Boycotts In Muslim Majority Countries Amid Israel Gaza Conflict

News·World News

Israel-Gaza Conflict: Coca-Cola, Pepsi Face Boycotts In Muslim-Majority Countries

Coca-Cola and PepsiCo, two of the world’s largest beverage giants, are currently grappling with a growing wave of consumer boycotts in several Muslim-majority countries due to the ongoing Israel-Gaza Conflict. This backlash, sparked by the ongoing Israel-Gaza conflict, has caused a noticeable

September 4, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 618

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

Nigeria’s NCDMB Urges Indigenous Oil Firms to Expand Access to Assets

US Stocks Struggle Despite Intraday Rebound

Donald Trump Faces Scrutiny Over New Cryptocurrency Project

Telegram Apologises To South Korea For Deepfake Porn Scandal

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th September 2024

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

Nigeria’s Equity Market Declines By 0.35%, Investors Take Profit In Major Stocks

Power Generation Hits 3-year High At 5,313MW

Alleged Terrorism Financing: Briton Declines Police Invitation, FPRO Claims

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Israel-Gaza Conflict: Coca-Cola, Pepsi Face Boycotts In Muslim-Majority Countries

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Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

Nigeria’s NCDMB Urges Indigenous Oil Firms to Expand Access to Assets

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Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Kenya’s Debt Burden Raises Questions Over IMF Lending Conditions

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