Business

A former Kenyan Deputy Governor, Caleb Amaswache, is now hawking firewood in Luanda town to earn a living and pay his bills. The ex-Vihiga County Deputy Governor served under former county boss, Moses Akaranga. Citizen TV caught up with him in Luanda doing his usual business of supplying firewood to …

China has upped its retaliatory tariffs on US imports to 125%, escalating the trade war between the world’s two biggest economic powers.   Chinese leader Xi Jinping struck a defiant tone in his first public comments on the trade war, saying his nation was “not afraid.

After a decade and a half of dormancy, there’s renewed hope for the OML-25 oil asset in Rivers State. The facility has transitioned from its original operator, SPDC, to Renaissance Africa Energy, setting the stage for potential resumption of activities. However, this new chapter comes with its own set of …

THE price of Bonny Light, Nigeria’s premium oil grade, yesterday, dropped by 5.09 percent to $59.62 per barrel in the global market at the backdrop of the on-going ripples created by the tariff war that has followed the series of tariff hikes announced by the United States of America early …

Do NOT invest if you don’t have a long term focus. Focus on the long game. Today was a PAINFUL day in the markets. This is when I must remember that investing isn’t a sprint; it’s a marathon. It takes time, focus, and attitude. I admit it, I worry too …

Karl Toriola, Chief Executive of MTN, is the highest-paid worker in Nigeria, earning an average of N8.5 million daily, which is twice his daily rate from two years ago.   Who would have thought the highest earner would emerge from telecommunications, rather than sectors like oil and gas or even …

As of February 2025, here are some of the world’s Black billionaires, their estimated net worths, and their primary industries: 1. Aliko Dangote – $23. 9B (Manufacturing) 2. Robert F. Smith – $23.9B (Private Equity) 3. David Steward – $11. 4B (IT Services) 4. Alexander Karp – $10. 2B (Technology …

Dangote Unveils New Nigerian-Made Peugeot Vehicle, Boosts Domestic Auto Industry Dangote Industries has strengthened its position in Nigeria’s automotive sector with the launch of the latest Peugeot car model. Dangote Industries launches latest Peugeot car model in Nigeria’s automotive sector DPAN assembles the GT model of the Peugeot 3008 at …

Nigeria is home to several powerful and wealthy women who have built remarkable empires and impacted lives through their businesses and philanthropy. In this article are the top richest women in Nigeria derived from reliable sources including Forbes Africa and other trusted financial reports. 1. Folorunsho Alakija Net Worth: $1 billion …

UBA Group to Commence Full Banking Operations in France “As part of President Asiwaju Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, …