Monday, June 2, 2025

Eric Ojo

World Bank, IMF meetings return to Africa after 50 years

The annual meetings of the World Bank and the International Monetary Fund will go ahead in Marrakech, Morocco, despite the devastating earthquake that took...

More countries probe iPhone 12 radiation risks after France ban

Regulators in EU countries have have opened investigations after France banned the sale of Apple's iPhone 12 due to concerns about its radiation levels. France's...

IMF ties Beninese economic trouble to Nigeria and Niger

The Beninese economy is facing headwinds after next-door neighbour Nigeria scrapped petrol subsidy, followed by political unrest in Niger Republic, the International Monetary Fund...

FTSE Russell downgrades Nigeria prompting stock decline

Nigerian stocks fell Monday after equities market index and benchmark provider FTSE Russell said it downgraded Nigerian equities from “frontier market” to “unclassified market”,...

Nigeria’s ailing economy ends iconic brands Omo, Lux. And it’s big deal

Nigerians will no longer have the iconic products Omo and Lux in the market. Unilever Nigeria, the century-old consumer goods manufacturer, announced last week...

Latest Stories

Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...
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