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News - Page 772

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

October 15, 2026

China and North Korea opened a long-delayed border bridge on Thursday, October 15, 2026 establishing an additional road link between the neighbours as they seek to strengthen trade and economic cooperation.

Africa·News·Oil & Gas·Top Stories

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

October 15, 2026

Kenya raised pump prices for petrol, diesel and kerosene for the month to Nov. 14, as higher import costs pushed up fuel prices and threatened to increase transport, food distribution and business

News·World News

U.S. Chipmakers Navigate China Market Amid Export Restrictions

Despite U.S. efforts to restrict chip sales to China, American chip giants Intel, Broadcom, Qualcomm, and Marvell Technology continue to find China a vital market, even generating more revenue there than in the U.S. According to Chris Miller, author of “Chip War,”

April 12, 2024

Business News·News

Africa’s Businesses Hit Hard As Cyberattacks Rise By 20% In Q1 2024

A report by cybersecurity firm Check Point has shed light on a concerning trend: cyberattacks are on the rise, with Africa bearing the brunt of the assault. In the first quarter of 2024, businesses across the continent experienced a 20% increase in

April 12, 2024

Business News·News·Oil & Gas

Oil Theft, Vandalism Plague Nigeria’s Oil Production, OPEC Reports Decline To 1.23mbpd

Nigeria’s oil production saw a decline for the second consecutive month, hitting 1.231 million barrels per day in March, according to the latest report from the Organisation of Petroleum Exporting Countries (OPEC). The country’s oil output took a hit as it produced

April 12, 2024

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Business News·News·World News

IMF Warns Against Overreliance On Costly Subsidies In Industrial Policies

In a fresh analysis titled ‘Industrial Policy Is Not a Magic Cure for Slow Growth’, the International Monetary Fund (IMF) underscored the potential drawbacks of heavy reliance on expensive subsidies or tax breaks in industrial policies, cautioning that such measures could hamper

April 12, 2024

Global Trade To Surge By 2.3% In 2024 - World Bank

Africa·Business News·News

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

The World Bank forecasts subdued growth in Nigeria, dampening economic prospects for the broader Western and Central Africa region. In its report, the World Bank noted that Nigeria’s lower-than-average growth would impede the subregion’s economic performance. “In AFW, economic activity is set

April 12, 2024

Stop Buying Electricity Infrastructure, Transformers, Poles - Power Minister Tells Nigerians

Business News·Markets·News

Electricity Tariff: Minister Pledges Reduction If Exchange Rate Falls Below N1,000/$1

The Minister of Power, Adebayo Adelabu, addressed concerns about the recent electricity tariff hike, emphasizing the potential for reduction if the exchange rate improves. Adelabu asserted during his appearance on Channel Television’s Politics Today, “The tariff is flexible. I can tell you,

April 12, 2024

News

Lagos-London Route: Gatwick Airport Urges Passengers To Fly Air Peace

Management of Gatwick Airport London has called on air passengers to patronise Nigeria's largest airline, Air Peace, by booking its flight from London to Lagos.

April 12, 2024

News

Caleb University Set To Host 7th Inaugural Lecture On Groundbreaking Microbial Enzyme Research For Food Security

Caleb University, Imota, Lagos is preparing to host its 7th Inaugural Lecture on Thursday, 18th April. This prestigious event in the university’s academic calendar, organized by the Office of the Vice Chancellor and the Senate, promises to be an enlightening affair, exploring

April 11, 2024

News

Buhari Mourns Intellectual Giant, Ogbonnaya Onu

Former Nigerian, President Muhammadu Buhari, has joined family members of the deceased and the entire country in mourning the death of a notable politician, Dr Ogbonnaya Onu

April 11, 2024

News·World News

$12.5bn Fraud Case: Vietnamese Billionaire Sentenced To Death

Vietnamese billionaire Truong My Lan has been sentenced to death for her involvement in a $12.5 billion fraud case. The ruling comes as a seismic blow in the nation’s battle against corruption, signaling a resolute stance on white-collar crime. The verdict, delivered

April 11, 2024

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

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

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News - Page 772

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Kenya’s Fuel Price Hike Threatens to Push Up Transport, Business Costs

U.S. Chipmakers Navigate China Market Amid Export Restrictions

Africa’s Businesses Hit Hard As Cyberattacks Rise By 20% In Q1 2024

Oil Theft, Vandalism Plague Nigeria’s Oil Production, OPEC Reports Decline To 1.23mbpd

IMF Warns Against Overreliance On Costly Subsidies In Industrial Policies

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

Electricity Tariff: Minister Pledges Reduction If Exchange Rate Falls Below N1,000/$1

Lagos-London Route: Gatwick Airport Urges Passengers To Fly Air Peace

Caleb University Set To Host 7th Inaugural Lecture On Groundbreaking Microbial Enzyme Research For Food Security

Buhari Mourns Intellectual Giant, Ogbonnaya Onu

$12.5bn Fraud Case: Vietnamese Billionaire Sentenced To Death

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

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

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

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