22.6 C
New York
Monday, September 14, 2026

CATEGORY

Economy

‘But You Promised…’: NLC Challenges Nigerian Gov’t After 3rd Dangote Petrol Increase in 8 Days

LAGOS, Nigeria — The Nigeria Labour Congress rejected a new petrol-price increase. The labour union asked the Federal Government why more Nigerian crude was...

Dangote Increases Coastal and Gantry Prices for Petrol, 2nd Increase in Days

LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals FZE has raised its petrol gantry price to ₦1,200 a litre. The new rate took effect...

Canada Retaliates Against Trump Tariffs With Duties on US$20 Billion in Goods

OTTAWA, Canada — Canada announced new tariffs on approximately US$20 billion in American goods on Tuesday, August 25, 2026. The measures answer a fresh round...

Nigeria Tightens Capital Market Restrictions on North Korea and Iran

ABUJA, Nigeria — Nigeria’s Securities and Exchange Commission has ordered capital market operators to restrict financial dealings connected to North Korea and Iran. The measures...

AI Worries Send Tech Stocks Lower as South Korea’s Kospi Plunges

NEW YORK, United States — Tech stocks led a sharp sell-off across global markets on Tuesday, June 23, 2026, as weakness in artificial intelligence-linked...

SEC Warns Investors Against Unapproved Dangote Refinery IPO Promotions

ABUJA, Nigeria — Nigeria’s Securities and Exchange Commission, SEC, has ordered capital market operators to stop promoting a purported initial public offering by Dangote...

Addressing the 2026 Global Supply Chain Restructuring and “Asset Famine”: Summit Valtorin Management Academy Launches Practical Private Market Allocation Curriculum

As geopolitical fragmentation accelerates the rewiring of global supply chains in mid-2026, institutional investors are confronting a severe "asset famine"—a structural scarcity of high-quality,...

Africa’s Trade Finance Gap Persists Despite Post-Pandemic Gains, AfDB Report Warns

BRAZZAVILLE, Republic of Congo — African financial institutions demonstrated notable resilience in the years following the Covid-19 pandemic, but the continent's trade finance gap...

BREAKING: United Arab Emirates to Exit OPEC and OPEC+ From May 1

DUBAI, United Arab Emirates — The United Arab Emirates has announced it will withdraw from Organization of the Petroleum Exporting Countries, OPEC, and the...

Lagos Ranks Among Africa’s Costliest Rental Markets as Housing Pressure Mounts

LAGOS, Nigeria — Lagos has emerged as one of Africa’s most expensive rental markets, ranking fourth among major cities on the continent as surging...

Latest news