The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund
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Apply Now: 3 FG opportunities that pay between N150k to N20m
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Hope for Nigeria’s youth: FG launches 12-month internship with N150,000 monthly pay
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Rice prices drop sharply across markets as local supply and imports rise
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Naira strengthens to N1,457 as CBN boosts dollar supply, analysts predict further gains
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No more hidden charges: Customs launches digital system to verify imported cars instantly
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Nvidia chief confident chip maker can weather US tariffs
Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence (AI) chip giant can handle US President Donald Trump's trade war. Nvidia is not expecting tariffs to significantly affect its financial performance in the short term, according to Huang.
Trump advances another LNG project, drawing environmentalist ire
President Donald Trump's administration advanced another major US natural gas export project on Wednesday, handing oil companies a win the same day as a White House meeting with industry executives. "It comes on the same day as Trump welcomes oil and gas industry donors to the White House to brag about the favors he's done them -– clear evidence of who this administration actually serves."
Argentina's Milei wins Congress green light for new IMF loan
Argentina's Congress on Wednesday gave President Javier Milei the green light to reach a new IMF loan agreement, on top of the $44 billion Buenos Aires already owes the lender. The EFF serves to refinance Argentina's debt, to help it pay off the $44-billion loan negotiated under center-right president Mauricio Macri in 2018.
Kazakhstan copper producer pauses some operations after deadly accidents
Kazakhstan's largest copper producer Kazakhmys said Wednesday it was temporarily halting some of its operations due to the "growing number" of industrial accidents at its production facilities. Kazakhmys says it is the world's 20th largest producer of copper concentrate, a processed form of copper ore that has been refined to boost its cooper content.
Apply now: Meta announces Impact grant for Nigeria, other Sub-saharan nations
The Llama Impact Grant for Sub-Saharan Africa is a part of Meta’s broader global initiative, which launched in October 2023, and this one targets Sub-Saharan Africa.
Dangote Refinery halts sale of fuel in naira, gives reasons
Just recently, the NNPC announced an end to the naira-for-crude deal after six months. With the new changes, Dangote Refinery has called for adjustment.
EU skewers Google, Apple over tech rules -- despite Trump threats
The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices. US prosecutors accused Apple of making it hard for its users to interact easily with Android phone users and with rival smartwatches.
UniCredit CEO says prepared to wait on Commerzbank decision
UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of Germany's Commerzbank made sense for Italy's second-largest bank. "At this point, patience is the most important point because we need to execute on our plan, get it done well," said UniCredit chief executive Andrea Orcel Wednesday.
Nigerian Breweries completes acquisition of major competitor, announces expansion plans
Earlier in 2024, Nigerian Breweries acquired 80% stakes in the company. The latest acquisition of the remaining 20% means 100% ownership of the wine maker.
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