Business

Oil rises as doubts over US-Iran deal heighten supply concerns

World youth unemployment rate rose last year, U.N. agency says

Some of the steepest increases were seen in high-income countries as artificial intelligence begins to change the jobs market.

New Zealand Prime Minister Luxon Wins Party Confidence Vote

New Zealand Prime Minister Christopher Luxon said the governing National Party has backed him to remain leader following a confidence vote.

Enugu begins construction of 3 New 33KV feeders in 4 LGAs

The Enugu state government has begun the construction of three new 33KV electricity feeders designed to end prolonged power outages and provide improved, stable and reliable electricity supply to communities in four Local Government Areas…

Yobe hands over 4 agro-industrial assets to NFC

The Yobe State Government has handed over four agro-industrial assets to the Nigeria Food Corporation (NFC) as part of efforts to revive moribund industries and boost agro-processing in the state. The assets include Yobe Flour & Feeds…

Nigeria’s PPP model adopted across Africa — ICRC

The Infrastructure Concession Regulatory Commission (ICRC) has stated that Nigeria’s home-grown customs modernisation model is now set to be adopted across Africa as the African Continental Free Trade Area adopted the country’s electronic…

Banks urged to inject N4.65trn into MSMEs to drive economic growth

The Chartered Institute of Bankers of Nigeria (CIBN) has urged banks to deploy the N4.65 trillion raised through the recently concluded recapitalisation exercise to Micro, Small and Medium-sized Enterprises (MSMEs) to stimulate economic…

Rakuten Shares Fall Most in Six Months After Earnings Disappoint

Rakuten Group Inc. shares sank the most in six months after the Japanese online shopping mall operator’s quarterly operating profit missed analyst estimates.

Business summit targets $100bn investment in Nigeria

The Business Summit Group has set a target of more than $100 billion in investment commitments at the International Investors Summit Nigeria 2026, scheduled to hold in Abuja in November. President of the Business Summit Group, Dato’ Dr. M…

ARCON, stakeholders seek stronger collaboration to shape advertising

The Advertising Regulatory Council of Nigeria (ARCON) and key stakeholders in the advertising industry have called for stronger collaboration among regulators, practitioners, technology companies, media organisations, academia and…

SCAN summit targets financing crisis in Nigerian shipping

Indigenous Shipowners are set to convene maritime stakeholders to tackle the financing and regulatory constraints limiting indigenous participation in the nation’s shipping industry. The summit which is being organized by the Shipping…

Why does Hong Kong need a 5-year plan – and will it crimp its free-market economy?

As the government completes a public consultation exercise to craft the city’s own five-year plan to align with national development, the first of this five-part series looks at key questions, starting with the need for such a blueprint…