Revenue advanced to N53.7 billion from N41.2 billion a year ago, deriving strength largely from investment income, which was up by 102.8 per cent.
This balancing act has seen gradual and incremental relaxations in several long-held policies of the government - whether it has to do with FDI in e-commerce, allowing FDI from companies with Chinese ownership, or...
History has been made as the Slum2School Green Academy, located in Saga Island, Epe, Lagos State, becomes the first school Nigeria's first climate-smart school makes history as top 10 for World's Best School Prize in...
The finance commitee has welcomed the appointment of Seiso Mohai as PIC board chair.
FirstBank of Nigeria Limited has said Nigeria's economy has entered a new phase where the priority is no longer restoring macroeconomic...
Marcia Kilgore, founder of Beauty Pie, shares her top tips on how to create a successful business.
Sonne, Meer und Schluss mit Stress: So wird das Auswandern auf Social Media gern dargestellt. Doch es lauern viele finanzielle Fallen. Von N. Ostersehlte, T. Spicker und L.-M. Hiltscher.
Beijing-headquartered conglomerate China Poly Group Corp said it will continuously promote its business in both developing and developed countries, further expanding its reach abroad.
The federal government will "eliminate" the financial contribution requirement for streamers set by the CRTC and replace it with government funding, it said in a court document.
The consumer protection commission says inconsistent regulations across Nigeria's emerging state electricity markets could weaken investor confidence and undermine consumer protection.
The FIR is based on a complaint received by the CBI against the company, its former chairman, Anil D. Ambani, unknown public servants and others
Senator Nenadi Usman, the National Chairman of the Labour Party, has called on political leaders across the country to embrace Nenadi Usman, LP National Chairman, felicitates with Jang at 80, urges Nigerians to rise...
The association says that the rising cost of living is worsening household finances.
Nigeria needs approximately 20 million additional homes. Most discussions focus on how quickly those homes can be built....
Many younger people do not believe the state pension will exist when they are older
Verantwortung, die hin- und hergeschoben wird - und kaum Konsequenzen bei Fehlern. Bahnchefin Palla sieht massive Probleme im Management des Staatskonzern und übt ungewöhnlich scharfe Kritik. Sie sieht aber auch...
The Asian Infrastructure Investment Bank announced on Monday a $250 million loan for a natural gas project in Beijing to support the ongoing process of coal-to-gas conversion and to improve air quality in the Chinese...
The figures show a second straight month of growth, with 13 of 20 industrial sectors contributing to the gains.
He said Nigeria had completed the difficult phase of stabilising the economy and was now focused on translating that stability into investment, higher productivity and improved living standards.
Profit-taking in IT stock restricted markets rally during the initial trading
Kogi state police command has disclosed that it has embarked on comprehensive investigation into the death of Samuel Opeyemi, a Kogi police commence full investigation into death of a clergy
Several Public Investment Corporation (PIC) board members resigned last week.
Indigenous commodity trader Cardinal Torch Company Limited has announced plans to transition into a full-fledged agro-processing in a strategic shift to capture higher margins along Nigeria's agricultural value chain.
The decision follows a review of BP's operations and is set to end 60 years of production in the region by the oil giant.
Mit zunehmender Trockenheit im Sommer müssen Landwirte seit Jahren zurechtkommen. Extreme Hitzewellen aber bringen vor allem im Salatanbau neue Herausforderungen. Von A. Schuster und C. Schulze.
The Asian Infrastructure Investment Bank's (AIIB) has approved a $250 million loan to power up the coal-to-gas conversion project in Beijing, AIIB announced Monday.
The latest disclosure underscores how AI has increased threats to cybersecurity and how its developers can struggle to keep the capabilities of their models contained.
First HoldCo said the move highlights its directors' confidence in its earnings capacity, enhanced capital position, improving asset quality, diversified revenue streams, and robust outlook for sustained...
`The country's booming systematic investment plan (SIP) culture has fundamentally reshaped the equity market by creating a strong domestic buffer against foreign capital outflows'
Elon Musk's comparison between Nigerian and European births points to a world in which the centres of population, labour and Why Nigeria's births should not worry Elon Musk
Ramaphosa officiates the launch of commercial operations at the Ummbila Emoyeni Wind Energy Facility
When the Minister of Finance and Coordinating Minister of the Economy explained that savings from the removal of fuel and foreign exchange...
The actual presentation of FIFA's plan to part-privatise the World Cup raises many more questions than it answers.
Angesichts klammer Rentenkassen rücken Aktien als Möglichkeit der Altersvorsorge stärker in den Fokus. Doch in Deutschland werden Investments vielfach noch misstrauisch beäugt. Von Heidi Radvilas.
Hainan Airlines, China's largest private air carrier, said it is interested in launching more China-US direct flights, as more Chinese travelers are visiting the US, further stimulating the vitality of the market.
WestJet announced that a total of 198 flights have been cancelled as of Saturday afternoon, ahead of the flight attendants' strike deadline on Sunday.
The minister explained that although the reforms generated fiscal savings, the government immediately faced higher financial obligations arising from the reforms themselves, including debt servicing costs and...
30-share BSE Sensex climbed 0.21%, to settle at 78,094.64; The 50-share NSE Nifty gained 0.27%, to end at 24,383.60
Travelling through Germany proved to be remarkably eventful. Although I had flown with the airline before, it had never occurred Reporter's diary: Lessons from my first trip to Germany
The department says it is committed to maintaining the standard of achieving clean audits.
The Nigerian equities market delivered a strong performance in July 2026, adding approximately N11.11 trillion to investors' wealth as sustained buying interest in banking and other fundamentally strong stocks...
Speaking ahead of a visit to Barrow-in-Furness, the PM seeks to stress the economic benefits of defence spending.
Starke Vorgaben aus den USA haben dem deutschen Aktienmarkt am Freitag Rückenwind gegeben. Vor allem Technologiewerte legten zu. Vor dem Wochenende überwog bei vielen Anlegern jedoch die Vorsicht.
The Asian Development Bank is planning to invest in 31 projects in China from 2018 to 2020 for a total value of $6.17 billion, with about $2 billion planned for 2018, according to its newly proposed sovereign lending...
Canada's largest grocer is focusing on a new, profitable business: generic GLP-1 drugs. Loblaw says sales are up 40 per cent year-to-date.
The sharp pace of turnover growth could not be matched by after-tax profit, which climbed to ₦191 billion from ₦146.4 billion, as rising costs ate away at revenue.
The Samudra Manthan scheme aims at boosting India's deepwater hydrocarbon exploration and energy security with an ₹84,084 crore investment
Governor Lesetja Kganyago says the central bank remains firmly committed to driving inflation down.
Financial repression has risen to its highest levels in decades as governments with elevated debt increasingly face constraints in using...
Clement Delangue said he didn't want cyber attacks on other companies to become "normalised".
Eine unlizenzierte Nutzung von Musikstücken durch KI-Anwendungen verstößt gegen deutsches Urheberrecht. Das entschied heute das Landgericht München. Beobachter sehen darin Signalwirkung. Von Fritz Espenlaub.
Although brick-and-mortar retailers have felt the impact of robust online buying in recent years, the in-store shopping experience remains dominant in the retail sector, and online and offline retailing can coexist...
The freedom and lower price tag of open-weight models is turning the heads of business leaders in the west, where the merits have prompted letters from top tech leaders warning against restrictions on open models...
NNPC recorded ₦535 billion profit after tax and produced 1.72 million barrels of crude oil and condensate daily in June 2026, its latest monthly report has shown.
The company said it is reviewing the notice received on Friday (July 31, 2026) and evaluating next steps
That slowdown could deepen if iPhone sales take a hit from a price increase.
A new IMF departmental paper puts numbers on a question Nigerian policymakers have largely addressed in broad terms - what AI could actually be worth to the economy and why its current payoff is so limited. Titled...
The Chancellor said the Budget on 28 October would "meet our fiscal rules" and give families "stability" to plan for the future.
Tschechien will kurz vor der deutschen Grenze an der Elbe eine Staustufe bauen. Güterschiffe sollen die Strecke so leichter passieren können. Aus der Wirtschaft gibt es Zustimmung - von Umweltverbänden dagegen...
After two consecutive years in the top spot, Hong Kong is poised to lose its much-coveted title as the world's leading venue for initial public offerings (IPOs) this year, following a drop in the number of...
The Laval, Que.-based owner of Couche-Tard and Circle K stores announced Friday that it made an offer valued at more than $12 billion to buy Polish convenience store operator Zabka Group. The play comes after...
Mr Tegbe added that the government would strengthen critical transmission infrastructure, improve grid stability and address long-standing liquidity challenges in the electricity market.
Currently, 41% of taxes collected by the Centre is devolved in 14 instalments among States during a fiscal year.
West Africa's cocoa outlook has previously been revised lower.
Nigeria is worth about USD 291 billion and about USD 2.3 trillion at the same time. Both are World Bank figures for 2025. The first converts the economy into dollars at the exchange rate. The second measures it by...
The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war.
Mit Baden-Württemberg und Bayern starten an diesem Wochenende auch die letzten beiden Bundesländer in die Sommerferien. Der ADAC rechnet mit vollen Straßen. Ein Überblick über mögliche Stau-Hotspots.
Chinese big-data companies are on the hunt for cutting-edge technology from the United Kingdom that they can help upscale and commercialize for China's huge domestic market.
CEO Antonio Filosa cautioned that a major strategic overhaul would take time to bear fruit after the world's No. 4 automaker reported weaker-than-expected second-quarter results on Thursday, knocking its shares.
The company disclosed this in a corporate filing with the Nigerian Exchange on Thursday.
The rise in India's clean-energy generation comes as solar and wind output exceeded 100 gigawatts for the first time and accounted for a record 42.8% of India's electricity supply on July 13, government data showed.
SA Institute of Taxation says the use of AI by SARS does have an impact on tax's rights.
Marvel Studios and Sony Pictures' Spider-Man: Brand New Day has set a new record for the biggest preview opening in Nigerian box office...
The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.
Inmitten der unsicheren wirtschaftlichen Lage steigt die Inflation in der Eurozone im Juli auf 2,9 Prozent. Im Juni war die Inflation noch gesunken. Volkswirte hatten den Anstieg erwartet.
Encouraged by China's robust growth outlook for automotive and chemical production，German chemical giant BASF SE keeps increasing its investments in China.
A work stoppage looms for 4,400 flight attendants at Canada's second-largest air carrier, with a possible strike beginning as soon as early Sunday morning if a deal isn't reached. For summer travellers worried about...
The company said the appointments will further strengthen MeCure's competitive position, accelerate sustainable growth and enhance long-term shareholder value.
ZEEL failed to disclose material developments to investors, stock exchanges or in the financial statements for years, violating disclosure regulations
Quarterly revenue grew by a currency-adjusted 14% to €6.74 billion ($7.7 billion).
Africa's merchandise exports increased by 14% year-on-year in the first quarter of 2026, recording the second-highest regional growth after Asia, according to the World Trade Organization (WTO).
CEO Mark Zuckerberg said the firm intends to sell its AI tools to other companies for the first time.
Die Bundesregierung will die Rentenreform vollständig umsetzen, doch im Osten gibt es Widerstand. Sachsens Ministerpräsident Kretschmer kündigte ein Nein im Bundesrat an. Die Union im Bund hält dagegen.
The Asian Infrastructure Investment Bank announced on Monday a $250 million loan for a natural gas project in Beijing, the bank's first such investment in China, to help cut coal use and improve air quality in the...
With strike and lockout notices issued by the union and airline, flight attendants could walk off the job as soon as Sunday. That leaves passengers to decide whether they want to hope for a deal, or make other travel...
Shares in the corporation had gained 0.6 per cent as of 12:46 WAT in Lagos, where they have primary listing after the results were issued on Thursday.
Price of 5-kg free trade LPG cylinders comes down by ₹46
The largest network operator in Nigeria, MTN is now close to the 100 million active subscriptions mark as its database hit 96.9 million in May
Snapchat, YouTube, LinkedIn, and Substack are trying to combat the proliferation of fake AI content.
Das neue Ausbildungsjahr beginnt. In Zeiten von Künstlicher Intelligenz suchen junge Menschen nach zukunftssicheren Jobs. Das Handwerk scheint davon zu profitieren: Die Bewerberzahl steigt. Von Ole Hilgert.
Orders for China's rebounding shipbuilding industry reached the top place in the world in the past 11 months, surpassing its counterpart South Korea, according to an international industrial analysis agency.
AI now answers our questions, and increasingly carries out tasks for us, from planning itineraries to preparing research. The web is increasingly becoming a place where machines - rather than humans - go to learn...
According to the WTO Director-General, strategic public communication was instrumental in helping Nigeria secure the landmark 2005 Paris Club debt relief during the Obasanjo administration.
Revenue and Horticulture Minister Jagat Singh Negi on August 1 flagged off 16 traders after presenting traditional Khataks (ceremonial scarves) along with their horses towards Shipki village in Tibet
Aradel Holdings Plc has released its unaudited H1 financial statement, reporting a pre-tax profit of N752.71 billion for the six months ended.
The prime minister says the move will give power to "every postcode" but critics say the plans lack detail.
Die Zahl der Arbeitslosen in Deutschland hat im Juli die Drei-Millionen-Marke überschritten. Die Bundesagentur für Arbeit begründet dies mit saisonalen Effekten - sieht jedoch auch die Fortsetzung einer Entwicklung.
Chinese carmaker Beijing Automotive Group Co will phase out conventional fuel-powered cars under its own brand by 2025 as part of its ambitious new energy car campaign, according to a top company official.
The union representing 4,400 flight attendants at WestJet says it has issued a 72-hour strike notice, paving the runway for a possible strike during a busy summer travel season.
The new share purchase represents 3.91 per cent of the company's outstanding shares.
With a view to strengthening the country's balance of payments and incentivising capital inflows, the Reserve Bank of India (RBI) had announced a series of measures
Africa's luxury hospitality industry continues to push the boundaries of exclusivity, with a growing number of hotels and safari lodges...
Under the terms of the deal, Argos will still operate in Sainsbury's shops, sell Habitat products, and offer Nectar points.
Ohne Halbleiter funktioniert keine Künstliche Intelligenz. Doch China holt auf, die Hersteller bauen immer neue Fabriken - und plötzlich wächst die Angst vor einer weltweiten Chipschwemme. Von Angela Göpfert.
Vehicle sales posted a meager 0.7 percent year-on-year growth in China during November to 2.96 million units, according to data released by the China Association of Automobile Manufacturers on Monday.
WestJet, Canada's second-largest airline, is preparing to wind down operations before its flight attendants strike or are locked out. But an agreement to gradually halt operations doesn't mean the company is...
Turnover leapt to ₦2.5 trillion from ₦2.1 trillion, aided by a rise of 10 per cent in production volume.
The study, commissioned by the Centre, also found that E20 fuel provides better acceleration, improved ride quality and approximately 30% lower carbon emissions compared to E10 fuel.
The Central Bank of Nigeria (CBN) sterilized N7.18 trillion from the financial system in July through Open Market Operations (OMO) auctions, a 48.57% decline from the N13.96 trillion mopped up conducted in June.
Edward Killiwick was on the flight that issued a distress call, before it landed safely at Heathrow earlier this month.
Update Wirtschaft vom 31.07.2026
Let's take a look at the full list of the top five loneliest occupations in China.
Bell says it has seen a surge in copper wire theft across its telecommunications infrastructure in 2026, which can compromise phone calls made to 911 and critical internet service.
Vedanta also announced Arun Misra as their new CEO.
Nigeria's stocks enter August with the NGX All-Share Index (ASI) hovering around 247,000 index points, approaching record highs.
The price of unleaded hits 160p a litre, according to motoring group the RAC, as oil prices remain elevated.
Erneut ist es zu einem schwerwiegenden KI-Zwischenfall gekommen: Diesmal ist ein Modell des OpenAI-Rivalen Anthropic bei Tests ungeplant in Systeme von Unternehmen eingedrungen.
The GDP growth target for next year might be set at 6.5 percent amid China's transition from high-speed growth to high-quality growth, Securities Daily reported Monday, citing a partner with Ruihua Certified Public...
Amazon's Prime Video will exclusively broadcast Wednesday night national NHL regular-season games in Canada in English and French beginning next season, as part of a new 12-year sub-licensing agreement with Rogers...
30-share BSE Sensex ends 0.35% higher at 77,928.15; 50-share NSE Nifty rises by 0.28% to end at 24,317.15
Berger Paints Nigeria Plc has released its H1 financial statement, reporting a pre-tax profit of N1.20 billion for the six months ended June 30, 2026.
It comes just days after rival OpenAI said rogue AI agents had breached other firms' networks.
Das neue Recht auf Reparatur tritt heute in Kraft. Hersteller müssen Elektrogeräte reparaturfreundlicher machen und Ersatzteile bereitstellen. Doch die neuen Regeln gelten nicht für alle Geräte. Von Frank Bäumer.
Whether China's largest bike-sharing start-ups, Mobike and Ofo, will merge drew more attention in the second half of the year, with investors implying "yes" while managers said "no".
Canada-U.S. Trade Minister Dominic LeBlanc is back in Washington this week where he's continuing his search for a breakthrough in trade negotiations with the U.S. administration.
30-share BSE Sensex advanced 75.71 points to 77,726.62 in early trade; The 50-share NSE Nifty went up by 26.90 points to 24,275.85
Gavi, the Vaccine Alliance, has committed more than $500 million to support Nigeria's immunisation programme over the next five years.
It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country's stock market.
Wegen Hitze und ausbleibenden Regens sind die Pegel vieler Flüsse in Europa extrem niedrig. Das wird nicht nur für die Schifffahrt zum Problem, sondern auch für Atomkraftwerke. Denn die benötigen viel Kühlwasser...
An OPod Tube House, which aims to ease Hong Kong's affordable housing problem, attracted attention at the Design Inspire exhibition in Hong Kong, China, Dec 8, 2017.
High diesel fuel prices following a tough couple of years for the industry mean the cost savings may not trickle down to consumers any time soon.
Microsoft reported $90 billion in revenue and $35.8 billion in net income in the last quarter of its fiscal year
South Africa is proposing a new ZAR 500 ($30) processing fee for travellers applying for its Electronic Travel Authorisation (ETA), as the country continues expanding its digital border management system.
From 31 July hourly parking charges will increase by about 50% at several hospitals in the county.
Die Bahn meldet schwarze Zahlen, die Bahnchefin und den neuen Verkehrsminister freut's. Die bekannten Probleme sind deswegen aber nicht verschwunden. Verkehrsminister Bilger will sie "nach und nach" lösen. Von...
Chinese intelligent electric car startup Byton, which derives its name from "Bytes on Wheels", has driven into the United States, with its North American headquarters in Silicon Valley having become fully operational.
WestJet is giving passengers with bookings from July 30 to Aug. 4 the opportunity to cancel or change their flights for free in light of the ongoing labour dispute with flight attendants.
Passenger car wholesales grew 42% YoY to 103,456 units while Utility Vehicles (UV) sales surged 49% to 78,851 units
International Breweries Plc has released its unaudited H1 2026 results reporting recorded a pre-tax profit of N74.79 billion for the six months ended June 2026.
Food in Community takes unwanted and surplus produce from growers and farmers.
Der Hamburger Datenschutzbeauftragte Fuchs warnt vor Meta Smart Glasses: Die Brillen, die kaum von normalen Brillen zu unterscheiden sind, ermöglichen heimliches Filmen. Ein Verbot sei nicht ausgeschlossen. Von...
Emotional experiences that enable sensual lifestyles to touch the hearts of customers will be delivered through Lexus China's artwork-inspired top luxury flagship models that complete the brand's line-up, fulfilling...
Tax collection from domestic transactions grew 10.1% to more than ₹1.44 lakh crore, while gross revenues from imports were up 29% to ₹66,511 crore
Billions of dollars are being poured into a new wave of AI technology. But will it pay off?
