Latest news on business

OPEC Predicts High Oil Demand In 2024

OPEC outlined roles for economic growth in 2024, expecting a surge in global oil demand by 2.2 million barrels per… Read More

4 months ago

TikTok’s Revenue Rises To $10bn In App Stores – Report

TikTok, the popular short video platform by Bytedance, has had its revenue earnings rise to the $10 billion milestone in… Read More

5 months ago

Air Freight Pilots’ Strike Risks Amazon’s $117B Logistics Revenue

In a move that could disrupt Amazon's extensive delivery network, pilots from Air Transport International (ATI), a crucial air freight provider… Read More

5 months ago

Elon Musk Loses $24bn, 9% Of Tesla Stock Yet Remains World’s Richest

Tesla's stocks plummeted by 9%, causing Elon Musk's net worth to shrink by $24 billion. Despite this setback, Musk still… Read More

7 months ago

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Global crude oil prices have surged following the Hamas attack on Israel, resulting in a tragic loss of over a… Read More

7 months ago

Fuel: We Adjust Prices According To Market Realities – NNPC Boss

As Nigerians lament further hike in price of Premium Motor Spirit (PMS), the Group Chief Executive Officer of the Nigerian… Read More

10 months ago

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed on Wednesday, piling pressure on the… Read More

11 months ago

Fuel Subsidy: FG Should Deregulate, Sell Refineries For Efficiency- Envoy To Burundi

Nigeria’s Ambassador to Burundi, Mr Elijah Onyeagba, has urged the Federal Government to adhere to the provisions of the Petroleum… Read More

11 months ago

CBN, Bankers’ Committee And The Drive For Non-oil Exports

For many decades now, Nigeria has been desperately trying to diversify its foreign exchange earnings through non-oil exports. Read More

12 months ago

First Bank Changes Names Of UK Subsidiaries, Sub-Sahara Africa

First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries… Read More

1 year ago

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