Boluwatife Enome

Boeing To Launch $15 Billion Capital Raise Amid Financial Turmoil

Boeing plans to raise over $15 billion in capital through stock, aiming to stabilise finances amid ongoing strike and losses.

2 months ago

Wise CEO Käärmann Fined £350,000 by FCA for Misconduct

The CEO of Wise, Kristo Käärmann, has been fined £350,000 by the FCA for failing to disclose significant tax issues.

2 months ago

Ndiame Diop: Nigeria’s Reforms Are Crucial To Create Stability, Avert Fiscal Crisis, Drive Economic Growth

Ndiame Diop says Nigeria’s economic reforms will prevent fiscal crisis, stabilise the economy and improve framework for private investment.

2 months ago

Canada To Cut Immigration By Over 20% Amid Housing, Infrastructure Strains

Canada has announced it will welcome 395,000 new permanent residents in 2025, a 21% decrease from 2024's target of 500,000.

2 months ago

NNPC Begins Repayment Of $6 Billion Debt To Suppliers

Finance Minister Wale Edun has announced commencement of NNPC's $6bn debt repayment to suppliers, addressing financial concerns

2 months ago

IMF: Naira Stabilises Amid Interest Rate Hikes,Forex Backlog Clearance

IMF has credited Central Bank's actions for stabilising naira, addressing inflation and foreign exchange issues

2 months ago

Nigerian Lawyer Ogunye Defends States’ Right to Approach Supreme Court on Constitutional Matters

“The Assumption That States Going To the Supreme Court, Want To Distort Anti-Corruption Efforts Is Not Correct” said Nigerian Lawyer…

2 months ago

Russia’s Black Sea Attacks Delay Aid to Palestinians, Disrupt Global Grain Supply, Says UK Prime Minister

Russian strikes on Ukraine's Black Sea ports have delayed Palestinian aid and global grain supplies, sparking widespread food security concerns.

2 months ago

Government, Entrepreneurs Should Come Together To Deliver Solutions To Build The Economy, Infrastructure, Says Iyinoluwa Aboyeji

Iyinoluwa Aboyeji has called for entrepreneurs to lead innovation, economic growth through stronger engagement with the government

2 months ago

IMF Urges Poland To Cut Spending To Pave Way For Interest-Rate Cuts As Budget Deficits Exceed 5%

The IMF has advised Poland’s central bank to maintain a tight monetary policy throughout 2025, citing substantial inflation risks.

2 months ago

General Motors To Invest $625m In Lithium Americas To Boost US EV Production

General Motors is set to invest $625m in Lithium Americas’ Thacker Pass project, boosting EV production,reducing reliance on China.

2 months ago

A House Divided Against Itself Can Never Stand, Bode George Warns PDP

Bode George says for the PDP to thrive, its members must prioritise the party's future over their personal ambitions

2 months ago

Adelabu: Nigeria To Receive 1.3m Power Meters By Q2 2025

Power Minister Adelabu said Nigeria will receive 1.3M electricity meters by Q2 2025, addressing metering gap and promoting transparency in…

2 months ago

Meta To Face Lawsuits Over Alleged Role In Teen Mental Health Crisis, Judge Rules

A federal judge ruled Meta must face lawsuits accusing it of contributing to teenage mental health issues through addictive platforms.

2 months ago

Three US Academics Awarded 2024 Nobel Prize In Economics For Institutional Research

The Sveriges Riksbank Prize in Economic Sciences, the last Nobel Prize awarded this year, is valued at 11 million Swedish…

2 months ago

Oshoma on Judiciary: Anything Politicians Touch, There’s Bound To Be Decay, Rot

Liborous Oshoma has criticised Nigeria's judiciary for political interference and inconsistent rulings, calling for urgent reforms.

3 months ago

In Historic Move, Nigeria Begins Crude Oil Sale in Naira To Dangote Refinery

Finance Minister Wale Edun has confirmed that the federal government's Naira-for-crude deal with Dangote Refinery commenced October 1, 2024.

3 months ago

US East Coast, Gulf Coast Ports Reopen After Dockworkers’ Strike Ends With Landmark Wage Deal

Dockworkers' strike resolution brings relief to US economy, but cargo backlog of 54 queued ships remains to be cleared.

3 months ago

Ade Adefeko: Nigeria Has One of the Lowest Agricultural Mechanisation Rates in Africa

Ade Adefeko says food is available in Nigeria but not affordable and blamed high costs on cyclical production and harvest.

3 months ago

EU Probes YouTube, Snapchat, TikTok Algorithms Over Harmful Content

EU Commission is investigating YouTube, Snapchat, TikTok algorithms for amplifying systemic risks, and seeks transparency on content recommendation systems.

3 months ago