The RMB’s offshore revival is real — so are its limits
The RMB has become more useful for trade, treasury management and selected funding transactions within China’s commercial orbit, but this does not mean that it has become a currency that…
Germany Launches Fuel Subsidy To Soften Impact Of Middle East Energy Shock
German motorists began paying less to fill their cars Thursday as fuel subsidies aimed at softening the impact of the Middle East war energy shock came into force. Prices of…
Tinubu: 21 Shared MSME Facilities Supporting 650,000 Jobs Nationwide
President Bola Ahmed Tinubu has said 21 shared facilities established across 19 states and the Federal Capital Territory are supporting businesses and an estimated 650,000 jobs as the Federal Government…
Mbah: Enugu Moving From Consumption to High-Tech Manufacturing and Exports
Enugu State Governor Peter Mbah has said the state is moving beyond its traditional role as a consumer market and developing into a location for the production, assembly and potential…
Dangote Predicts Africa Will Be Mostly Self-Sufficient in Fuel by 2030
Nigerian businessman and Dangote Group President Aliko Dangote has projected that most African countries will become largely self-sufficient in refined petroleum products by 2030 as investment in refining capacity expands…
Burkina Faso Opens First Gold Refinery as Traore Pushes Local Processing
Burkina Faso has inaugurated its first national gold refinery as the West African country seeks to process more of its mineral resources domestically and retain greater value from its mining…
Nigeria’s Foreign Deals: What the US, UK and Other Agreements Actually Mean
A social media post warning that Nigeria is gradually surrendering control of its banking system, mineral resources, health data and strategic infrastructure to foreign powers has sparked debate online, following…
White House Highlights Trump Accounts as Investment Programme for American Children
The White House has highlighted President Donald Trump’s “Trump Accounts” programme as an initiative designed to give American children a financial stake in the country’s future. In a post on…
Tinubu Says Ogun Deep Seaport Will Ease Pressure on Lagos Ports
President Bola Ahmed Tinubu has said the proposed Gateway Deep Seaport in Ogun Waterside will help reduce congestion along the Lagos port corridor and ease pressure on the Apapa and…
Ogun, DP World Sign MoUs for $7bn Deep Seaport, Blue Marine SEZ
The Ogun State Government and global ports and logistics operator DP World have signed Memoranda of Understanding (MoUs) for the development of the Gateway Deep Seaport and the Ogun State…