
Osaka, Japan, has recorded its strongest-ever performance in the Global Power City Index (GPCI) 2025, climbing 17 places from 35th to 18th and emerging as the...

President Donald Trump of the United States on Friday nominated Kevin Warsh to replace Jerome Powell as chairman of the Federal Reserve, concluding a months-long selection...

Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) amid concerns over its exposure to Ghana’s sovereign debt and subsequently withdrew the bank’s ratings. The global...

The Nigerian Education Loan Fund (NELFUND) has extended the application deadline for the 2025/2026 academic session to February 27, 2026, giving prospective applicants more time to...

Aradel Energy Limited , an indigenous Nigerian energy company, has secured a $250 million strategic financing facility through a consortium led by Stanbic IBTC Capital Limited,...

Western leaders are increasingly warming to China, prompted by uncertainty over US tariffs under Donald Trump and a drive to secure investment ahead of upcoming China-US...

Nigeria failed to meet its 2025 crude oil production target, producing 530.41 million barrels of crude, well below the 766.5 million barrels projected in the year’s...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has kicked off the bidding process for 50 oil and gas blocks across five sedimentary basins, insisting that only...

Oti Ikomi, the Chief Executive Officer of Proton Energy, has described the Federal Government’s N501 billion power sector bond as a major milestone that could unlock...