Business

Darjeeling Tea Industry Faces Severe Setback After Unprecedented Rainfall India’s prestigious Darjeeling tea industry has suffered a significant blow following devastating floods and landslides that destroyed approximately 5% of its…

Cooking Gas Prices Show Significant Drop Across Nigeria in August 2025 Nigeria’s cooking gas (LPG) market experienced a substantial price reduction in August 2025, according to the latest National Bureau…

Renewable Energy Surpasses Coal in Historic Shift, but Growth Faces Policy Headwinds In a landmark development for clean energy, solar and wind power generation has exceeded coal-based electricity production for…

Energy Pioneer Wale Tinubu Receives Prestigious African Energy Week Lifetime Achievement Award Oando Plc’s Group Chief Executive, Wale Tinubu, has been honored with the distinguished Lifetime Achievement Award at African…

CBN Introduces Strict Penalties in New Agent Banking Guidelines with N5 Million Base Fine The Central Bank of Nigeria (CBN) has unveiled comprehensive revisions to its Agent Banking Guidelines, introducing…

LCCI Advocates Private Sector Leadership in Nigeria’s Tourism Transformation The Lagos Chamber of Commerce and Industry (LCCI) marked World Tourism Day 2025 with a renewed push for private sector-driven growth…

German Factory Orders Decline for Fourth Consecutive Month, Signaling Economic Challenges Germany’s industrial sector faced another setback as factory orders dropped unexpectedly in August, continuing a concerning downward trend that…

69-Year-Old Nigerian Completes Epic 40-Country Motorcycle Journey for Boys’ Mental Health A remarkable 99-day motorcycle expedition across Europe and Africa, championing boys’ mental health awareness, concluded triumphantly in Lagos as…

Historic Shift: Nigeria’s Fuel Imports Hit Eight-Year Low as Dangote Refinery Transforms Energy Landscape Nigeria is witnessing a remarkable transformation in its petroleum sector as fuel imports plummet to their…