Business News
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467Opinion: We Must Pursue An AI Tax
A levy will help mitigate its societal fallout and redefine the future of tech investment The prospect of an artificial intelligence (AI)...
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141Oil Prices Steady as Inflation Worries Limit Summer Demand Optimism
Oil prices were little changed on Tuesday after rising in the previous session as investors were cautious ahead of U.S. consumer price...
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142European Stock Futures Decline as US Tech Wobbles
European stocks are set to slip after a mixed day on Wall Street on growing speculation the tech sector rally may be...
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148Nigeria’s Terms of Trade falls 0.12%
All commodity terms of trade (ToT) declined by 0.12 percentage points in the first quarter of 2024 (Q1’24), just as the value...
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181Senate writes AGF, meets Cardoso over ₦30tr Loan Probe
The Senate through its Ad – hoc Committee investigating how N30 trillion Ways and Means facility was obtained and spent by the...
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140Equities Slip as Traders Await Inflation Cues
Stocks fell as traders geared up for a week of political risks and inflation data which may help guide bets on the...
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136Oil Eases as Strong Dollar Weighs on Commodities Markets
Oil prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and lifted the dollar, offsetting support for oil markets...
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146FG’s Interest Servicing on Debt to Gulp 36% of Revenue in 2024 –Moody’s
Moody’s, a Global rating agency, has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s...
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149NNPC Shifts $700m Gas Pipeline Delivery Date to August
The completion date for the $700m Obiafu-Obrikom-Oben gas pipeline project, popularly called OB3, has been shifted from March 2024 to August, as...
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166Nigeria’s Public Debt Hits ₦121.7tr
Nigeria’s Total Public Debt stood at N121.67 trillion ($91.46 billion) at the end of March this year. The Debt Management Office (DMO)...
