Business & Economy - Page 5

This Australian breakthrough is being hailed as the “Holy Grail” moment for the hydrogen economy. For years, the main argument against green hydrogen wasn’t that it didn’t work. it was that it was too expensive to make compared to fossil fuels. ​By

The African Export-Import Bank (Afreximbank) has approved a $10 billion emergency facility known as the Gulf Crisis Response Programme (GCRP) to shield African and Caribbean nations from the economic shocks of the escalating Middle East conflict. Key Objectives of the GCRP involves Sustaining Essential Imports. Provides short-term foreign

We’ve been hearing about “ending the queues” for a long time, but 2026 feels like a genuine tipping point because of the sheer scale of what’s finally coming online. Historically, fuel queues were often caused by “vessel-to-depot” delays. With these refineries running,

Some stock market investors have expressed optimism that banks, telecommunications, oil and gas, industrial and consumer goods stocks will drive the market in this second quarter (Q2). They also expressed optimism that the stock market would sustain its growth in Q2. The

The Lagos State Government says it has begun prosecuting 45 individuals and companies over alleged tax defaults running into billions of naira. The Attorney-General and Commissioner for Justice, Mr Lawal Pedro (SAN), disclosed this in a statement on Monday. Pedro said the

By Wumi Iledare Nigeria’s national oil company has now completed a full year under its current leadership – a period that, by any fair assessment, reflects both measurable progress and stubborn structural realities. It is important to begin with what has worked.

The Nigeria Data Protection Commission (NDPC) has begun investigation into an alleged data breach involving Remita Payment Services Ltd., Sterling Bank and other institutions. Mr Babatunde Bamigboye, Head, Legal, Enforcement and Regulations at NDPC, said this in a statement on Monday. Bamigboye

President of the FinTech Association of Nigeria (FintechNGR), Dr Stanley Jacob, says the nation’s credit economy is making progress but remains at an early stage of development. Jacob explained that credit adoption in the country could be rated at about “three out

The Nigerian Engineering Olympiad (NEO) has announced the selection of 30 standout innovation teams to advance to the regional phase of its national competition, marking a significant milestone in a 10-month journey to transform academic research into a commercial, sustainable enterprise. Selected