Aba Power Plc made a big decision when it invested N33 billion to provide smart meters to its customers. The project is on and over 40,000 have received meters.
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Bulgaria to get final green light to adopt euro in 2026
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CBN Releases Fresh FX rates for Access, UBA, Zenith as naira strengthens against dollar
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Cooking Gas prices surge by 32.5% in one year, reach all-time high in 2025
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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
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Ikeja Electric, Eko Electric, others report growth in revenues despite decline in billing efficiency
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In uncertain US election, two prestige papers refuse to pick sides
Days ahead of a close presidential election, two of the most prestigious liberal American newspapers have declined to give their usual endorsements to the Democratic Party candidate, sparking furious reactions.
Full list: New ranking for Nigeria in List of 10 African countries with lowest fuel prices
The list of African countries with the cheapest fuel pump prices has been revealed, and Nigeria has taken a new position after government removed subsidy.
CBN engages IMTOs to raise remittance inflows to $1 billion
The Central Bank of Nigeria says it has teamed up with leading international money transfer operators to boost remittance inflows to $1bn through official channels.
Cardoso says consultations ongoing to remove Nigeria from money laundering watchlist
The CBN said it has been in the process of consulting and negotiating to have Nigeria taken off the Financial Action Task Force's gray list since February 2023.
China's second-generation factory owners go digital to combat challenges
Dressed in a pristine white knit top, Robyn Qiu cut an incongruous figure in her parents' dusty, hangar-like metal hardware factory in eastern China as she gestured excitedly while an assistant filmed her on a smartphone. When Qiu was a child, her parents encouraged her to aim for a white-collar office job far from the dust and din of the factory floor.
Indonesia bets on SE Asia's first battery plant to become EV hub
Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line at Indonesia's inaugural electric vehicle battery plant, the first in Southeast Asia. "This factory and ecosystem is very important for Indonesia's future," he said, adding that in the "near future, the material will come from Indonesia to make a battery cell, to make EVs".
Banks, dealers adjust exchange rates as dollar crashes in official window, FX reserves rise
The Nigerian currency, the naira, appreciated against the US dollar by N49 in the official and depreciated in the parallel window to N1,739 as FX reserves rose.
Nigeria, four other African countries control half of the continent's GDP
According to data from the IMF, five of Africa’s biggest economies, including Nigeria, contribute a substantial $1.4 trillion to the continent’s GDP.
End of golden era for Chinese investors in Bordeaux wine
After over a decade of snapping up Bordeaux wine estates, buying into a dream of elegant living in France and good earnings in their home market, many Chinese investors are now selling up.
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