IMO Chief: Shipping Committed to Decarbonize Despite US
IMO Secretary-General Arsenio Dominguez affirms the shipping sector's commitment to its 2050 decarbonization goal, despite contentious US negotiation tactics at the October 2025 meeting.
Category : Business
Bitcoin Drops 5% to $94,483 in Major Sell-Off
Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
US Airspace Recovers After Budget Shutdown Ends
US air travel shows significant recovery after month-long government shutdown. Transportation Secretary confirms improved operations as flight cancellations drop to 2%. Read latest aviation updates.
Venezuela Hyperinflation Crisis: IMF Projects 548% in 2025
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Russia: World 'Will Suffer' Without Fossil Fuels
Russia's chief COP30 negotiator, Vladimir Uskov, insists the world still needs fossil fuels. He criticises Western nations for broken climate finance promises. Read the full story.
Solar Tech and Data Science Can Fix Nigeria's Power
Data scientist Daniel Ezekiel reveals how integrating solar technology with data analytics can solve Nigeria's electricity crisis. Discover the potential for energy independence.
Senator Warns US Losing Clean Tech Race to China
US Senator Sheldon Whitehouse claims Trump's policies are causing America to fall behind China in solar, wind, and EV technologies. Read the full analysis.
Rabiu Outgrows Dangote as Africa's Top Wealth Gainer
Nigerian billionaire Abdulsamad Rabiu has added $5.25 billion to his fortune in 2025, surpassing Aliko Dangote's wealth growth. Discover how BUA Group's performance fueled this remarkable rise.
1,600+ Fossil Fuel Lobbyists at COP30 Climate Talks
A coalition of NGOs reports over 1,600 fossil fuel lobbyists at the UN's COP30 in the Amazon, the highest proportion ever recorded at climate talks. Discover the impact.
Paystack suspends co-founder over misconduct claims
Paystack suspends co-founder Ezra Olubi following sexual misconduct allegations and resurfaced controversial tweets. Lawyer Deji Adeyanju calls for police investigation.
Paystack Co-founder Suspended Over Resurfaced Blog Post
Paystack co-founder Ezra Olubi faces suspension as 2011 blog post discussing bisexual desires and sexual fantasies about male colleague resurfaces. Company launches internal investigation.
Oil CEO Spars with Activists at COP30 Climate Talks
TotalEnergies CEO Patrick Pouyanne defended his presence at UN climate talks in Brazil, sparring with Greenpeace over fossil fuels' role in extreme weather while questioning phase-out plans.
Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
Airtel Nigeria Unveils 4G Smartphone Financing Scheme
Airtel Nigeria introduces smartphone financing program to expand 4G access. Affordable Itel A50 devices available with flexible payment plans through SmartCash.
Dangote Refinery Increases Cooking Gas Price by N85
Nigerians face higher cooking costs as Dangote Refinery hikes LPG price to N800/kg. Learn about market factors and government response to the increase.
Bulgaria Takes Control of Russian Lukoil Refinery
Bulgaria appoints special administrator for Lukoil's Neftochim refinery after US sanctions. Parliament authorizes asset seizure amid energy security concerns. Read full details.
Paystack suspends co-founder over misconduct claims
Paystack suspends co-founder Ezra Olubi following sexual misconduct allegations. Investigation launched as old controversial tweets resurface. Read full details.
Central Asia's Energy Crisis Deepens Amid Water Shortage
Kyrgyzstan and Tajikistan face a severe energy crisis as water levels at key hydropower reservoirs plummet. Discover the causes and government responses to this critical situation.
US-Switzerland Tariff Deal: Rates Slashed to 15%
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
More Ezra Olubi Instagram Posts Surface After Suspension
New disturbing Instagram posts from suspended Paystack co-founder Ezra Olubi emerge online, intensifying scrutiny. Company confirms suspension pending investigation into online allegations.
Taraba Alarms Over Chemically Ripened Fruits
Taraba State warns residents against fruits ripened with toxic calcium carbide, branding sellers 'merchants of death'. Learn how to identify safe produce.
Wema Bank Walk-in Interviews for Job Seekers
Wema Bank announces walk-in interviews for Commercial Relationship Management Officers across Nigeria from November 17-21, 2025. Opportunity comes amid high youth unemployment concerns.
NBL hands over cassava plant to Imo community
Nigerian Breweries commissions 2-ton/day cassava processing facility in Awa Omamma, projected to generate N500 million annual revenue for the community while reaffirming CSR commitment.
New Telecom Operator Offers Free Business Services
Vitel Wireless begins nationwide operations in Nigeria, providing free internal calls and SMS for businesses alongside innovative tracking tools SecureMe and Oga-App.
No New Tax on Nigerian Savings - Expert Explains
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Ponmo Threatens Nigeria's Leather Industry - FG
Federal Government warns ponmo consumption threatens Nigeria's $2.79bn leather industry growth. Campaign launched to prioritize industrial use of cow hides.
Lagos SMEs Adopt Solar with New Financing
Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.
L-PRES Training Transforms Taraba Meat Handling
Taraba butchers adopt modern hygiene practices after L-PRES training, ensuring safer meat for consumers and boosting business confidence across the state.
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