Business
World Bank Lowers Sub-Saharan Africa’s GDP Growth Forecast as Sudan Conflict Hinders Regional Progress
The World Bank has revised its economic growth forecast for sub-Saharan Africa, citing the ongoing civil war in Sudan as...
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Global Layoffs at TikTok as AI Takes Over Content Moderation Duties
TikTok, the globally popular social media platform owned by ByteDance, has laid off hundreds of employees across its international workforce,...
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LinkedIn Reports 10 Million Users on Its Freelancer Marketplace Platform
LinkedIn has revealed that 10 million users have registered as freelancers on its Services Marketplace, a platform it launched in...
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Nigeria Positioned to Become Africa’s Refining Hub and Save Billions Annually, Says Dangote
Aliko Dangote, Chairman of Dangote Refinery and Petrochemicals Company Limited, has emphasized the need for Nigeria to boost its crude...
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Flutterwave Restructures Leadership and Business Strategy to Drive Growth Across Africa
Flutterwave, Africa’s leading fintech company valued at $3 billion, has made significant strides in its executive team and product focus...
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African airlines records 10.1% increase in int’l passengers demand in August – IATA
African airlines reported a 10.1% increase in international passenger demand in August 2024 compared to the same month in 2023,...
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NNPC ends exclusive purchase agreement with Dangote, marketers can now buy directly from the refinery
The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery, opening up the market...
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FG targets 10bcf gas output by 2030, 4 million bpd oil production
The federal government has said it is targeting about 4 million barrels per day oil production and 10bcf of gas...
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CBN Unveils Electronic Foreign Exchange Matching System to Enhance Transparency and Market Efficiency
In a move aimed at fostering transparency and curbing market distortions, the Central Bank of Nigeria (CBN) has announced the...
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Lagos partners Netherlands govt on converting waste-to-energy project
The Lagos State Government has revealed a €120 million commitment from the Netherlands government to back its ongoing waste-to-energy project...
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