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U.S. Blocks Global Carbon Tax on Shipping, Halting Near-Term Proposal

The world’s shipping regulator postponed a decision on adopting a landmark charge on vessel emissions, a shock move that highlights the Trump administration’s efforts to disrupt international climate diplomacy. The postponement marks...
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U.S. Blocks Global Carbon Tax on Shipping, Halting Near-Term Proposal

Bala Augie -
The world’s shipping regulator postponed a decision on adopting a landmark charge on vessel emissions, a shock move that highlights the...
Leaders

Nigeria’s Inflation Drop: Has Life Become Any Easier?

Bala Augie -
By BLAISE UDUNZE  When the National Bureau of Statistics (NBS) yesterday announced that Nigeria’s inflation rate had dropped to 18.02...
Energy

Production Challenges at Dangote Refinery Threaten Higher Domestic Fuel Prices

Bala Augie -
Gasoline prices are expected to increase as the biggest refinery in Africa, the Dangote Plant in Nigeria, has slashed crude oil...
Artificial Intelligence (A.I.)

Tech Growth: Nigeria’s Cloud Market Seeing 26% CAGR Expansion

Bala Augie -
Nigeria’s cloud computing market is expanding at a 26% compound annual growth rate, according to Abideen Yusuf, general manager...
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Payaza Revenue Model Faces Major Risk Amid ₦20 Billion Capital Raise

Bala Augie -
Payaza Africa Limited, a Nigerian payment solution service provider and international money transfer operator, is in the market to...
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Earnings From Associate Firms Lift Royal Exchange Profit

Bala Augie -
Earnings from associate companies are pivotal to Royal Exchange Plc profit growth as the company seeks to be a...
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Nigeria Yields Set to Drop as Inflation Retreats to 18% on Food Price Relief

Nigeria inflation continued its downwards march as headline numbers for September 2025 eased to 18.08% from 20.12% in August,...
Economy

Nigeria Finance Minister Edun’s Role Secure as Presidency Confirms Health Recovery

Bala Augie -
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, is recuperating in his Abuja home after...
Economy

World Bank: Half of Nigerians Live in Poverty Despite Economic Reforms

Bala Augie -
Poverty has risen steeply in Nigeria even as Africa’s most—populous country undertakes reforms designed to deliver economic growth, according...
Economy

Tinubu Seeks $2.35 Billion External Loan and $500 Million Sovereign Sukuk

Bala Augie -
President Bola Ahmed Tinubu has written to the House of Representatives seeking its approval to raise a total of...
Economy

Tinubu Reforms Averted N70trn Currency Printing, Oyedele Says

Bala Augie -
Without the current reforms of the President Bola Tinubu administration, the government would have printed N70trn of currency through...
Economy

Nigeria Oil Output Drops 16% Amid Three-Day Dangote Strike

Bala Augie -
Nigeria suffered significant crude oil output loss of 283,000 barrels per day after a three-day oil workers’ strike that...

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