News Editor

Most Asian Markets Track Wall St On Tariff Hope

Equities mostly rose in Asia on Tuesday, extending Wall Street’s rally on easing fears over Donald Trump’s planned tariffs, while traders were also looking ahead to the release of key US inflation data. A surge in tech giants including Tesla and Nvidia

by News Editor

March 25, 2025

Economy·News

Vietnam Death Row Tycoon Begins Appeal In $17.7 bn Money-Laundering Case

The appeal of a Vietnamese property tycoon convicted of money laundering began on Tuesday, three months after she lost a challenge against the death penalty in a separate case. Property developer Truong My Lan was found guilty in April 2024 of stealing

by News Editor

March 25, 2025

Economy·News

Samsung Co-CEO Han Jong-Hee Dead At 63

Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant’s television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP. “He died from cardiac arrest today,” a Samsung spokesperson said, adding

by News Editor

March 25, 2025

Economy·News

United States Gives Chevron More Time To Shut Venezuela Operations

The United States on Monday extended the amount of time that the energy giant Chevron has to wind down its operations in Venezuela, as President Donald Trump announced plans to penalize countries importing Venezuelan oil. The US Treasury Department previously said that

by News Editor

March 25, 2025

Economy·News

Shell Reduces Spending, Boosts Shareholder Distribution

Wael Sawan, Shell’s Chief Executive Officer, says his focus is on cutting costs and redirecting the company towards its most profitable sectors — oil, gas, and biofuels — while moving away from renewables. The oil major has a $3.5 billion buyback for

by News Editor

March 25, 2025

Economy·News

Oil Price Rises For Fifth Day On Supply Cuts Concerns

Oil prices rose on Tuesday for a fifth day on concerns that global supply will reduce after the U.S. announced tariffs on countries that buy Venezuelan crude. Brent crude futures were up 31 cents to $73.28 a barrel by 9:50 AM WAT,

by News Editor

March 25, 2025

Economy·News

Dangote Refinery Ships Jet Fuel To US Amid Petrol Trade Crisis In Nigeria — Report

Six vessels carrying about 1.7 million barrels of jet fuel from the Dangote refinery arrived at U.S. ports this month, data from ship-tracking service Kpler showed. Another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal on March 29 with

by News Editor

March 25, 2025

News

FG Orders Probe as Police Re-arrest Fleeing Inmates in Kogi Jailbreak

The Federal Government has launched an investigation into the jailbreak at the Koton Karfe Correctional Centre in Kogi State which happened early Monday. The Minister of Interior, Olubunmi Tunji-Ojo depicted the incident as unfortunate and affirmed that all escaped inmates would be

by News Editor

March 25, 2025

News

Senate Set to Approve Tinubu’s Tax Reform Bills

The Nigerian red chamber is set to approve President Bola Tinubu’s tax reform bills today, following weeks of legislative deliberations. Two senators who spoke anonymously confirmed the development.. stating that the approval process had been delayed due to pressing national issues but

by News Editor

March 25, 2025

News

FG Trains 800 Elite Troops to Combat Terrorism and Insurgency

The Federal Government has initiated the training of 800 military officers as part of a newly established Special Operations Forces charged to counter terrorism, insurgency, transnational crimes and other asymmetric threats. The training, launched at Camp Kabala in Jaji Military Cantonment, Kaduna

by News Editor

March 25, 2025

News·Politics

Natasha’s Constituents File Petition with INEC for Her Recall

Some constituents of Kogi Central Senatorial District have submitted a petition to the Independent National Electoral Commission (INEC), for the recall of Natasha Akpoti Uduaghan, the suspended lawmaker representing the district in the National Assembly. The petition, submitted by Charity Ijese, on

by News Editor

March 24, 2025

Economy·News

Market Rally: Stock Prices Rise on New Hopes for Trump’s Tariff Approach

Stock markets mostly rose on Monday as worries about fresh US tariffs penciled in for next week were tempered by hopes that US President Donald Trump was considering a more targeted approach. Investor sentiment has been jolted in recent weeks by

by News Editor

March 24, 2025

Economy·News

UBA Reports N804 Billion Profit, Proposes N3 Final Dividend for Shareholders

The Board of the United Bank for Africa (UBA) has proposed a final dividend of N3.00 per share from the retained earnings account as of 31 December 2024. According to a filing on the Nigerian Exchange Limited (NGx) on Monday, the company

by News Editor

March 24, 2025

Economy·News

9mobile Responds to Shutdown Rumours

9mobile, one of the mobile network operators in Nigeria, has responded to reports making rounds alleging its shutdown of operations in Nigeria. In a statement sent to journalists, the management of 9mobile categorically refuted the reports, describing them as “false and misleading

by News Editor

March 24, 2025

Economy·News

Oil Slips Over Anticipated OPEC+ Supply, Russia-Ukraine Ceasefire Talks

Oil prices dropped on Monday as the market anticipated either an increase or decrease in supply by the Organization of the Petroleum Exporting Countries and allies (OPEC+), while also assessing the outlook for ceasefire talks aimed at ending the Russia-Ukraine war. Analysts

by News Editor

March 24, 2025

Most Asian Markets Track Wall St On Tariff Hope

Vietnam Death Row Tycoon Begins Appeal In $17.7 bn Money-Laundering Case

Samsung Co-CEO Han Jong-Hee Dead At 63

United States Gives Chevron More Time To Shut Venezuela Operations

Shell Reduces Spending, Boosts Shareholder Distribution

Oil Price Rises For Fifth Day On Supply Cuts Concerns

Dangote Refinery Ships Jet Fuel To US Amid Petrol Trade Crisis In Nigeria — Report

FG Orders Probe as Police Re-arrest Fleeing Inmates in Kogi Jailbreak

Senate Set to Approve Tinubu’s Tax Reform Bills

FG Trains 800 Elite Troops to Combat Terrorism and Insurgency

Natasha’s Constituents File Petition with INEC for Her Recall

Market Rally: Stock Prices Rise on New Hopes for Trump’s Tariff Approach

UBA Reports N804 Billion Profit, Proposes N3 Final Dividend for Shareholders

9mobile Responds to Shutdown Rumours

Oil Slips Over Anticipated OPEC+ Supply, Russia-Ukraine Ceasefire Talks

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