The companies making billions from the Iran war, by BBC
Some of the biggest banks have also seen their profits boosted during the war in Iran.
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Egypt raises natural gas prices for industries amid volatile energy prices
• A gas filing station / Reuters image Egypt has raised natural gas prices for several energy-intensive industries starting in May, according to a prime ministerial decree published on Sunday. Reuters reported that the government has already raised domestic fuel prices by up to 17% in March in response to soaring global energy costs, and…
Why Influence, Not Authority, Drives Product Marketing Success
By Oluwafunminire ‘ Nire’ Adetimehin Product marketing is one of the few roles in tech where you are accountable for outcomes you do not directly control. “In this environment, being influential is more than a soft skill; it is a currency you must trade with.” A product marketing manager’s output is a dependent variable, meaning…
UK Govt Launches Fund to Boost Nigeria’s Creative Industry
The UK-Nigeria Technology Hub has launched its Creative Fund, a first‑phase grants initiative designed to address critical technical capacity gaps across Nigeria’s film, fashion, and music industries. The fund will support the development of local digital production capacity, encourage the adoption of modern creative technologies, and promote the responsible use of Artificial Intelligence (AI), to…
Nnaji: Nigeria Has Not Financed Construction of Any Major Power Plant for 11 Years
“Nigeria has not financed any major power generating plant in 11 years after government scrapped key risk guarantees that once attracted global investors.” That’s the Chairman of Geometric Power Group, Prof. Barth Nnaji. Nnaji stated this Monday in Lagos at the ongoing 19th Annual Conference of the Nigerian Association for Energy Economics (NAEE), under the…
CBN launches NOFR to deepen money market
The Central Bank of Nigeria on Friday announced the introduction of the Nigerian Overnight Financing Rate (NOFR) as a new benchmark for the country’s money market, aimed at improving transparency and strengthening monetary policy transmission. The disclosure was contained in a press statement issued by the CBN’s Acting Director of Corporate Communications, Hakama Sidi-Ali. According…
Aluminium prices jump after Gulf attacks
Aluminium prices climbed around six per cent in early trading on Monday after Iran attacked two major plants in the Gulf that produce the widely used metal, raising concerns over supply disruptions, according to AFP. Gains later reduced, though prices were still up 4.2 per cent at $3,435 per tonne on the London Metal Exchange….
Dangote to build Africa’s largest detergent raw materials plant
It is not a consumer detergent, but the raw materials that detergent manufacturers rely on.
New industrial policy can double real sector’s GDP contribution, says MAN
It is a 10-year period within which we will have advanced manufacturing to a stage where we go beyond the nine percent, 10 per cent contribution to GDP to as high as 20 to 25 per cent.”
BACCIMA President X-rays Governance Under President Tinubu
Danmaliki emphasize that since the Tinubu-led government assumed office, inflation has surged, fuel prices have skyrocketed, the naira has collapsed, and the cost of food and transportation has become unbearable for many households.