Economy

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Economy

Uber Exits Nigeria After 12 Years as Drivers and Analysts Point to Competition and Business Model Flaws

After 12 years of operation, Uber has withdrawn from Nigeria's ride-hailing market, leaving thousands of drivers and millions of users scrambling for alternatives....

EconomyMetro

Uganda Names Crude Oil Blend Pearl Sweet as Commercial Production Nears

Uganda has officially christened its crude oil blend Pearl Sweet, marking a critical step toward commercial production by the end of 2026. The...

Economy

Italian High Speed Trains Begin European Expansion as Fire Damages Palermo Shopping Centre

Italy's state railway company has launched trial runs of its distinctive Frecciarossa high speed trains beyond national borders, marking a significant step toward...

EconomyWorld

US and Venezuela Sign Major Oil Agreement Amid Controversy

The United States and Venezuela have formalized a sweeping energy agreement in Caracas, marking a significant shift in bilateral relations despite mounting criticism....

Economy

US Stock Futures Dip as Oil Surges Past $90 on Middle East Tensions

American stock futures opened lower on Wednesday as crude oil prices surged and bond yields climbed in response to intensifying conflicts in the...

Economy

US Stock Futures Drop as Bond Yields Surge to Multi-Year Highs, Oil Prices Spike

American stock futures opened September trading under pressure as a worldwide selloff in bonds pushed yields to their highest levels in over a...

EconomyPolitics

Ooni of Ife Endorses Tinubu’s Economic Policies, Cites Market Growth

Nigeria's revered traditional ruler, the Ooni of Ife, Oba Adeyeye Ogunwusi, has thrown his weight behind President Bola Tinubu's economic agenda, describing the...

Economy

What Nigerian Investors Should Watch Before Market Opens September 1

September trading kicks off with investors scanning global cues and domestic market signals for direction. The first day of a new month often...

Economy

US Stock Futures Decline As Crude Oil Surges Above $90 On Middle East Tensions

American stock futures retreated in subdued trading as August drew to a close, while crude oil prices surged following fresh military confrontations between...

Economy

PM Modi Embarks on Strategic Four Day Visit to Central Asia, Targets Regional Ties

Indian Prime Minister Narendra Modi has commenced a critical four day diplomatic mission to Central Asia, visiting Uzbekistan and Kyrgyzstan in what marks...