CBN Implements New Transaction Limits for POS Operators in Major Banking Reform The Central Bank of Nigeria (CBN) has introduced comprehensive new guidelines for Point of Sale (POS) operations, setting…
OPEC Supply Surge Rattles Global Oil Markets, Prices Waver
OPEC Supply Increase Sends Ripples Through Global Oil Markets Global oil prices continued their downward trajectory for the fourth consecutive day, with Brent crude falling to its lowest level since…
Darjeeling Tea Production Disrupted by Severe Monsoon Rains
Darjeeling Tea Industry Faces Severe Setback After Unprecedented Rainfall India’s prestigious Darjeeling tea industry has suffered a significant blow following devastating floods and landslides that destroyed approximately 5% of its…
Cooking Gas Prices Fall Across Nigerian Regions, NBS Reports
Cooking Gas Prices Show Significant Drop Across Nigeria in August 2025 Nigeria’s cooking gas (LPG) market experienced a substantial price reduction in August 2025, according to the latest National Bureau…
Nigeria’s Clean Energy Surge Tops Coal Despite Growth Challenges
Renewable Energy Surpasses Coal in Historic Shift, but Growth Faces Policy Headwinds In a landmark development for clean energy, solar and wind power generation has exceeded coal-based electricity production for…
Oando CEO Wale Tinubu Receives Lifetime Achievement Honor
Energy Pioneer Wale Tinubu Receives Prestigious African Energy Week Lifetime Achievement Award Oando Plc’s Group Chief Executive, Wale Tinubu, has been honored with the distinguished Lifetime Achievement Award at African…
CBN Imposes Strict Penalties to Combat Illegal Banking Agents
CBN Introduces Strict Penalties in New Agent Banking Guidelines with N5 Million Base Fine The Central Bank of Nigeria (CBN) has unveiled comprehensive revisions to its Agent Banking Guidelines, introducing…
LCCI Urges Tourism Reforms Ahead of World Tourism Day 2025
LCCI Advocates Private Sector Leadership in Nigeria’s Tourism Transformation The Lagos Chamber of Commerce and Industry (LCCI) marked World Tourism Day 2025 with a renewed push for private sector-driven growth…
German Orders Plunge 3.7%, Deepening Economic Concerns for Merz
German Factory Orders Decline for Fourth Consecutive Month, Signaling Economic Challenges Germany’s industrial sector faced another setback as factory orders dropped unexpectedly in August, continuing a concerning downward trend that…