BDrecent
Fed Officials Signal More Rate Hikes as Inflation Pressures Persist
Federal Reserve meeting minutes show officials believe further rate increases are appropriate amid persistent inflation and strong labor markets.
BDrecent
BDrecent
BUA Cement’s $500M Nigeria Expansion Targets Regional Price Relief
BUA Group's new $500M cement plant in Sokoto will add 5 million tonnes capacity, backed by IFC and African lenders.
BDrecent
MRS Oil cash pile triples as first-quarter profit flips from loss
MRS Oil Nigeria swung to a N1.48bn first-quarter profit in 2023 as cash and cash equivalents tripled, according to businessday.ng.
BDrecent
Nigerian Banks Reap a Windfall From Nigeria’s Cash Crunch
Eight Nigerian banks booked N254 billion in fees and commissions in Q1 2023 as the naira redesign pushed customers toward…
#nigeriadecides
Rivers Supplementary Election: Why Low Turnout Matters More Than a Peaceful Vote
Supplementary elections in Port Harcourt City LGA proceeded peacefully but saw minimal voter participation, with residents citing unresolved…
BDrecent
Nigeria’s Port Reform: What $20,000 Saved Per Ship Really Means
How Nigeria's ship inspection overhaul cut costs and corruption—and what it signals for the country's business climate.
BDrecent
The Other 40%: Nigeria’s Upstream Regulator Says Oil Theft Numbers Are Inflated
Nigeria's NUPRC says 40% of "stolen" crude is actually unmeasured — and it's launching a forensic audit to clean the…
2022 Qatar World Cup
Qatar World Cup: The Six Numbers That Define It
Qatar's $220B World Cup spend, $6.5B in stadiums, and a 400-500 death estimate reshape the most expensive tournament in football…
BDrecent
UN Warns of Famine Risk as Global Hunger Rises by 150 Million
The UN says 828 million people are now hungry, up 150 million since 2019, and warns the Russia-Ukraine war could…
BDrecent
Nigeria’s N19 Billion Revenue Shock: What It Means for Business Leaders
State governments face N19B oil revenue loss as World Bank flags fiscal stress in Nigeria's banking and stock markets.
BDrecent
UK Floats Bill to Override Brexit Northern Ireland Deal Within Weeks
London prepares legislation that would unilaterally rewrite Northern Ireland trade rules, risking a fresh UK-EU trade fight.
Aviation
Aero Contractors Rejects Closure Rumors Amid Industry Strain
Aero Contractors denies shutdown reports as Nigerian airlines face mounting fuel costs and economic headwinds. What it means for you.