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News - Page 782

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

Electricity Tariff Hike: NERC Fines Abuja DisCo ₦200m For Violation, Directs Customer Refunds

NERC has slammed a fine of ₦200 million on the Abuja Electricity Distribution Company (AEDC) for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order.

April 5, 2024

Nigerians Generate 40,000MW Of Electricity From Generator, Says Minister

News·Power

Infrastructure Deficit Major Challenge In Nigeria’s Power Sector – Minister

Nigeria’s Minister of Power, Adebayo Adelabu, has expressed concerns about the dearth of infrastructure in the power sector which according to him, is a major factor accounting for poor power supply across the country. Adelabu, who spoke at a ministerial press briefing

April 5, 2024

NGX stock market. Photo credit: TheCable

Business News·Markets·News

Nigerian Stock Market Sees Dip Of N156bn Amidst Banking Sector Blues

The Nigerian Stock Market on Friday faced a downturn, with the NGX All-Share Index dipping by 298.41 points, settling at 103,437.67 points. This decline mirrors a broader trend of diminishing market performance since the start of April. Concurrently, the total market capitalization

April 5, 2024

News

Tinubu Calls On Gavi To Collaborate With Nigerian Manufacturers For Vaccine Production

President Bola Tinubu has called on Gavi, the Vaccine Alliance, to collaborate with potential Nigerian vaccine manufacturers to ensure equitable access to life-saving vaccines for children and adults.

April 5, 2024

After That Over-analysed Speech: What Tinubu Must Do Now

Africa

Tinubu Urges Strong Representation In ECOWAS Parliament For Unity In W’Africa

President Bola Tinubu has urged the member states of the Economic Community of West African States (ECOWAS) to come together, strengthen their ties, and oppose those who seek to create division within the community.

April 5, 2024

Nearly Half Of U.S Citizens Seek Verdict On Trump's Election Subversion Charge As November Polls Approach

News·World News

US Election: Trump $175m Appeal Bond In Fraud Case Under Scrutiny By NY State Lawyers

New York State Attorney General Letitia James demanded further details regarding the $175 million bond posted by former President Donald Trump. This move comes days after Trump’s legal team secured the bond to stave off the imminent collection of a massive civil

April 5, 2024

Africa·Business News·News

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

The African Development Bank (AfDB) has injected a financial boost into Nigeria’s agricultural sector through a $75 million loan agreement with Indorama Eleme Fertilizer and Chemicals Limited, as announced on Thursday. The loan aims to facilitate the expansion of Indorama’s fertilizer production

April 5, 2024

The cryptocurrency market is basking in the glow of a resurgence, with the former CEO of Binance, standing tall as the wealthiest in the crypto realm for the third consecutive year.

Markets·News·World News

Binance CEO Leads 2024 Crypto Billionaires List Despite Money Laundering Charges

The cryptocurrency market is basking in the glow of a resurgence, with the former CEO of Binance, standing tall as the wealthiest in the crypto realm for the third consecutive year. “Despite the challenges, we’ve witnessed an incredible journey in the crypto

April 5, 2024

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

Business News·Markets·News

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

The Nigerian Exchange witnessed a continuation of bearish trading on Thursday, leading to a loss of N252 billion for stock investors. This downturn marks a cumulative loss of approximately N467 billion since trading resumed after the Easter holidays. The market’s decline can

April 5, 2024

FX Crisis: Financial Expert Urges Diversification To Reduce Dollar Dependence

Business News·Markets·News

FX Crisis: How Manufacturers Lost N1.5tn In Six Months, Says MAN

The Manufacturers Association of Nigeria (MAN) has disclosed that its members have experienced losses amounting to at least N1.5tn over the past six months due to a forex-related Crisis (FX Crisis). This revelation, coming amidst assertions by the Central Bank of Nigeria

April 5, 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 782

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

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

Electricity Tariff Hike: NERC Fines Abuja DisCo ₦200m For Violation, Directs Customer Refunds

Infrastructure Deficit Major Challenge In Nigeria’s Power Sector – Minister

Nigerian Stock Market Sees Dip Of N156bn Amidst Banking Sector Blues

Tinubu Calls On Gavi To Collaborate With Nigerian Manufacturers For Vaccine Production

Tinubu Urges Strong Representation In ECOWAS Parliament For Unity In W’Africa

US Election: Trump $175m Appeal Bond In Fraud Case Under Scrutiny By NY State Lawyers

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Binance CEO Leads 2024 Crypto Billionaires List Despite Money Laundering Charges

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

FX Crisis: How Manufacturers Lost N1.5tn In Six Months, Says MAN

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

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

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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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