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FG Targets $5bn Revenue from Outsourcing Industry The Nigerian Export Promotion Council (NEPC) on Wednesday in Abuja said that Nigeria targets to earn five billion dollars from the outsourcing industry…
Naira Falls to N793.70, Parallel Market Rate Worsens Exchanged at N793.70 for a United States (US) dollar at the Investors and Exporters FX window, and N850 in the parallel market,…
Reps to Investigate Increase in Fuel Pump Price The House of Representatives has resolved to set up an Ad hoc committee to investigate the circumstances leading to the increment of…
Eurozone Inflation Eases as Energy Prices Decline The consumer price inflation rate in the Euro Area was confirmed at 5.5 percent in June 2023, the lowest level since January 2022,…
Oil Slumps on Expected Slowdown in US Demand Oil prices declined on Wednesday over forecasts of a limited draw in United States (US) crude stockpiles that fell short of market…
IEA See 2% Growth in Global Electricity Demand The International Energy Agency (IEA) expects global demand for electricity to increase by just fewer than two per cent in 2023. IEA…
South Africa Inflation Slows to 5.4% Amidst Zero Growth Forecast South Africa’s annual inflation rate fell to 5.4% in June from 6.3% in May, data from the statistics office showed…
UK Inflation Falls to Lowest Since March 2022 The United Kingdom’s (UK) annual inflation fell in June 2023 after stalling in the previous month, mainly thanks to the significant decline…
A 17-year-old Nigerian boy, Akor Kelechi Kingsley has fulfilled his attempt to break the Guinness World Record for the most watermelon eaten in 30 seconds. Akor had since received approval…
Shannon Amos, the daughter of American actor John Amos has spoken out after his brother K.C. Amos’ was arrested for sending her death threats. In a statement to People that…