Business

Plans to ease global diesel shortages face uncertainty over how much additional fuel countries will supply, as the International Energy Agency prepares to work through the G7’s emergency reserves pledge.

South Africa will prioritise 9.6 gigawatts of battery storage and gas-fired power, putting the ability to deliver electricity when needed ahead of another round of wind and solar procurement.

Financial market experts say Nigeria’s capital market must accelerate regulatory reforms, expand access to long-term financing for small and medium-sized enterprises and embrace digital innovation to attract more investment and support economic growth.

Workers at Port Harcourt Refining Company have threatened to shut down the facility if the Nigerian National Petroleum Company (NNPC) Limited fails to address their grievances over seven months of unpaid salaries and the non-implementation of a new salary structure within 48 hours.

Moniepoint co-founder and Group Chief Executive Officer, Tosin Eniolorunda, has been named among the 100 emerging leaders featured in TIME100 Next 2026, the annual list published by TIME magazine.

Countries receiving little of the investment pouring into artificial intelligence still face the rising energy costs and financial pressures reshaping the global economy, International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Wednesday.

President Bola Ahmed Tinubu, in his address on the 1st of October, declared that Nigeria has moved from an economic reform era to an era of prosperity. With this declaration, a simple question has surfaced: What has actually changed since 2023?  

The market capitalisation opened at N162.751 trillion and closed at N162.495 trillion, representing a decline of N256 billion during the session.

The acting Managing Director of NPF Pensions, Muhammed Dutse, disclosed this in Abuja on Monday during activities marking the 2026 Customer Service Week.

The Minister of Aviation and Aerospace Development Festus Keyamo, says the removal of the petrol subsidy helped the Federal Government increase investment in critical aviation infrastructure, with about $500 million mobilised for the reconstruction of the Lagos airport and other projects.