businesspick

Billionaire businessman Femi Otedola has described the Dangote refinery as the “eighth wonder of the world” and said it will protect Nigeria’s energy security. In a post on X (formerly …

The head of the OPEC oil cartel said Saturday there was no “single solution” to the energy transition as pressure grows to agree a phase-out of fossil fuels at the …

Bosun Tijani, Minister of Communications, Innovations and Digital Economy, said about $2 billion is needed to install fiber optic cables in Nigeria. The minister, who appeared as a guest on …

Activity in Britain’s services sector grew in November after three months of declines, a survey showed on Tuesday, but companies reported an uptick in prices charged, a potential concern for …

Barclays (BARC.L) shares opened 4.5 per cent lower on Tuesday after one of the bank’s largest shareholders Qatar Holding moved to sell around 510 million pounds ($644 million) of its …

Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to “Go fuck yourself” in a fiery Wednesday interview. His profanity-laced remarks followed a …

It’s next-level stuff. “Layer 2” cryptocurrencies native to projects built on top of “layer 1” blockchains such as Bitcoin and Ethereum – have found a new lease of life after …

The Minister of Aerospace Development, Festus Keyamo, has again criticized the deal signed by the government of former President Muhammadu Buhari with Ethiopian Airlines over the national airline, Nigeria Air. …

Chip designer Nvidia (NVDA.O) said this week it expects a steep drop in fourth-quarter sales in China – a key revenue generator – in the wake of new US rules, …

Oil prices sank further Thursday after the shock decision by OPEC+ to delay a key policy meeting, suggesting fresh discord in the bloc. Stock markets, meanwhile, traded mixed after two …