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EU States Fail to Agree on Russian Oil Embargo

European Union member states have failed to agree on proposals to ban Russian oil imports, after more than 10 days of talks, with Hungary...

China Retail Sales Fall Lowest in Two Years 

China's retail sales slumped to its lowest in two years while factory output plunged, official data showed Monday, capturing the dismal economic fallout from...

SEC Announces New Rules Governing Issuance of Digital Assets

The apex regulator of Nigeria’s capital market, the Securities and Exchange Commission (SEC), has issued fresh guidelines on the issuance and custody of digital...

Finland Officially Decides to Join NATO

Finland has officially announced its intention of joining the NATO military alliance. During a cabinet meeting on Sunday, President Sauli Niinistö and ministers “agreed that...

Access Bank has Highest Return on Equity Among Peer Rivals

Access Bank has utilized the resources of its shareholders in generating higher profit (Return on average equity) more than peer rivals. This indicates that the...

Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar

Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its...

Dangote Fertilizer Capacity Utilisation Put at 25% on Gas Constraints

The Dangote Fertilizer plant which was commissioned in 2021 following delays operated on a 25% capacity utilisation rate in its line 1 in 2021...

Dangote Industries to Raise $750 million Bond to Help Finance Refinery Completion

Dangote Industries Limited (DIL) is planning to establish a local bond programme amounting to USD750 million to partially finance the completion of its refinery...

Musk Shelves $44-billion Twitter Deal ‘Temporarily’, Shares Slump

Elon Musk put his $44-billion deal for Twitter Inc (TWTR.N) "temporarily on hold" on Friday while he awaits data on the proportion of its fake accounts,...

ABCON Unveils Roadmap on Save the Naira Campaign 

The Association of Bureaux De Change Operators of Nigeria (ABCON) has developed a roadmap campaign plan needed to save the naira from further decline and...

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