Canada’s outgoing prime minister and the leader of the country’s oil-rich province of Alberta are both confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Feb. 1. Justin Trudeau and Danielle Smith will argue that Canada is the energy superpower that has the oil and critical minerals that America…
The Nigerian Communications Commission (NCC) has approved the request by telecom operators for tariff adjustments in the telecoms industry.The approval, which is a 50 percent hike in telecoms tariff, is coming when different telecoms subscribers’ groups are kicking against any tariff hike that will further impoverish telecoms subscribers, especially small business owners whose offices and…
Dangote Petroleum Refinery said the recent adjustment in its ex-depot price of Premium Motor Spirit (petrol) is directly related to the significant increase in global crude oil prices. The ex-depot price of petrol has been adjusted from N899.50 to N950 per litre, marking a 5% increase. However, Dangote Refinery emphasised that this increase is notably…
U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday, quoting people familiar with the discussions. Trump has expressed interest in traveling to China in his first 100 days in office, the report said, citing one of the people. Trump’s inauguration…
TikTok has restored access to its app after President-elect Donald Trump said he would issue an executive order on Monday to delay banning the Chinese-owned social media app. Trump, whose inauguration is at noon ET on Monday, also said in a post on his social media platform Truth Social that he wants the U.S. to own half…
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations. Last year, the bloc added Iran, Egypt, Ethiopia and the United Arab…
The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol) production are impacting the PMS market in Europe. The 650,000-capacity Dangote refinery, which began operations in January last year, started producing PMS in September, years after the country had relied solely on importation…
Gaming technology and service provider company, pawaTech Group, has signed a four-year licensing agreement with Choplife Gaming to further develop Africa’s leading sports betting brand betPawa in Nigeria. This extension of a successful partnership has positioned betPawa in top positions in markets like Tanzania, Uganda, Rwanda, Benin Republic and Ghana where the brand is licensed…
The Consumer Price Index (CPI), which measures the rate of change in prices of goods and commodities, increased to 34.80 percent in December 2024 compared to 34.60 percent in the preceding month, the National Bureau of Statistics (NBS) said Wednesday. The NBS attributed 0.20 per cent rise in the headline index to the December festive…
Nigerian President Bola Tinubu has arrived in Abu Dhabi to participate in the Abu Dhabi Sustainability Week (ADSW) at the invitation of Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (UAE). The announcement of his arrival was made by his Special Assistant on Social Media, Dada Olusegun, in a post on…
