Business

China’s Trade Falters as Demand Wanes at Home, Abroad Amid Rising Inflation

The slower growth is in part due to unflattering comparisons to strong exports last year, and more Covid restrictions.

2 years ago

Biden Administration Barrs American Tech Companies from Building Advanced Factories in China

The order is part of a $50bn plan aimed at building and protecting the local American semiconductor industry.

2 years ago

Nigeria Positioning to Become Alternative Gas Supplier to Europe, Says Deputy Oil Minister Sylva

He said the new policy from the EU labeling gas and nuclear power as green energy was a ‘win-win’ for…

2 years ago

Poland President Duda Woos Nigerian Investors in Historic Visit

The Polish president, while identifying global food crisis as one of the major fallouts of the Russian invasion of Ukraine,…

2 years ago

Nigeria May End Up with IMF ‘Unwillingly’ If It Fails to Address Fiscal Challenges, Says Budget Office Boss

Akabueze advised that gains from the removal of petroleum subsidies should be redirected to investment in the oil sector.

2 years ago

Volkswagen Confirms IPO Plan for Porsche Sports Car Brand

Analysts have calculated that Porsche might entice a valuation of €60bn-€85bn.

2 years ago

Nigeria Generated N600.15bn from VAT in Q2

The figure represented a growth rate of 1.96% when compared to the N588.59 billion recorded in the preceding quarter.

2 years ago

Bed Bath & Beyond CFO Dies after Falling from New York’s Jenga Tower

The incident occurred a few days after the struggling retailer announced it was closing stores and laying off workers.

2 years ago

Nigeria’s Average Daily Petrol Supply is 68 Million Litres, NNPC Clarifies

 This follows claims by the Customs boss Hameed Ali, that the company allows the release of 98 million litres.

2 years ago

EU Gas Price Soars after Russia Halts Nord Stream Flows

Europe has accused Russia of weaponising energy supplies in retaliation for Western sanctions imposed on Moscow over its invasion of…

2 years ago