Economy

By Enyichukwu Enemanna CEO of Tesla, Elon Musk on Saturday volunteered to pay outstanding salaries of security personnel at US airports, who were affected by delay in release of funds, arising from political impasse between the...

By Enyichukwu Enemanna African airlines are grappling with rising operational costs as jet fuel prices surge following the ongoing U.S.–Israeli conflict with Iran, which has disrupted global energy supply chains. The conflict has significantly affected fuel...

By Enyichukwu Enemanna Ship tracking data has revealed that a tanker carrying fuel originally destined for Cuba has diverted its route to Trinidad and Tobago, dealing a major blow to the Caribbean island as it battles...

By Enyichukwu Enemanna Nigeria and the United Kingdom have signed a £746 million export finance agreement to support the redevelopment of the Apapa and Tin Can Island port complexes in Lagos, a major step aimed at...

By Emmanuel Nduka Obisue The Economic and Financial Crimes Commission (EFCC) has handed over a total of ₦3.94 billion in recovered funds to the Nigerian National Petroleum Company (NNPC) Limited, in a move aimed at strengthening...

By Emmanuel Nduka Obisue The World Bank Group has imposed a 21-month debarment on three African subsidiaries of PricewaterhouseCoopers (PwC) over misconduct linked to a major cross-border electricity project between Ethiopia and Kenya. The affected firms...