By Obinna Uballa Singapore’s consumer inflation slowed sharply in July, easing to 0.6% year-on-year, its lowest level since January 2021, as falling energy prices and subdued demand weighed on costs. The figure came in below the 0.7% median forecast in a Reuters poll and was down from June’s 0.8%, signalling that price pressures in the…
By Obinna Uballa Carbon finance project developer TASC has been announced as the diamond sponsor of the inaugural Carbon Markets Africa Summit, scheduled for October 22–23 in Johannesburg, South Africa. The event, according to the organizers, is expected to bring together stakeholders from across the carbon markets sector, including regulators, project developers, investors, and international…
By Obinna Uballa Britain’s inflation rate climbed to its highest level in a year and a half in July, hitting 3.8% from 3.6% in June, official figures showed on Wednesday, keeping the country as the worst performer among the world’s major advanced global economies. The latest jump, which represents the highest since January 2024, was…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4 million barrels in the week ending August 15. Analysts had expected a 1.2-million-barrel draw. So far this year, crude oil inventories are up nearly 8 million barrels, according to Oilprice calculations of API data. Earlier…
By Obinna Uballa Kashim Shettima, Nigeria's Vice President, has hailed Jim Ovia, founder of Zenith Bank for what he described as the positioning of the financial insitition as Nigeria’s largest bank by Tier-One capital, and redefining the country's banking sector trajectory. “Long before technology became the bloodstream of global finance, Jim Ovia had already woven…
By Abiola Olawale Nigeria’s non-oil export sector has achieved a milestone, reaching $3.225 billion in the first half of 2025, a 19.59% increase from $2.696 billion recorded in the same period of 2024, according to the Nigerian Export Promotion Council (NEPC). This was revealed in the NEPC’s H1 2025 Non-Oil Export Performance Report presented by…
By Abiola Olawale In a stunning turn of events, some of the world’s wealthiest individuals faced a staggering financial setback on July 24, 2025, as Elon Musk and two other billionaires collectively lost $19.8 billion in a single day. It was gathered that the dramatic drop was driven by volatile market conditions and shifting investor…
By Kolawole Ojebisi The former Labour Party presidential candidate, Peter Obi, has distanced himself from reports making the rounds that he's planning to join the ruling All Progressives Congress (APC). Obi stressed that he is not a member of the APC nor intending to be a member to pursue his 2027 presidential ambition. The 2023…
By Kolawole Ojebisi A Former National Publicity Secretary of the opposition Peoples Democratic Party (PDP), Kola Ologbodiyan, has maintained that the defection of the immediate past governor of Kaduna State, Mallam Nasir El-Rufai, will signal the disintegration of the ruling All Progressives Congress (APC). Ologbodiyan spoke while appearing on Arise Television’s ‘The Morning Show,’ on…