Oil Refinery Fire North of Khartoum Fuels Tensions in Sudan Conflict
KHARTOUM - A massive fire has destroyed a significant oil refinery located approximately 71 kilometres north of Khartoum, intensifying the...
Business
NGX WEEKLY ROUND-UP: Equities Market Bounces Back, Generating N794bn in Investor Profits
The Nigerian equities market rebounded from last week’s massive loss as investors gained N794 billion on the trading floor of...
Fresh Start: LANDMARK Celebrates the Year of the Snake with Nicolai Bergmann’s Vibrant Blooms
HONG KONG SAR - Media OutReach Newswire - 24 January 2025 - To honour the spirit of the Lunar New...
KPMG: Bank Margins to Benefit from Slower-than-Expected Interest Rate Cuts in 2025
HONG KONG SAR - Media OutReach Newswire - 24 January 2025 – Hong Kong's banking sector showed signs of recovery...
SoftBank, OpenAI, Oracle, and Partners Join Forces to Create $500 Billion AI Data Center Enterprise
Japanese multinational investment holding firm SoftBank, and American tech companies OpenAI and Oracle have announced a partnership to establish a...
Naira Plummets Against the Dollar in Official and Black Markets
The Nigerian currency, the naira, continued to react negatively to the assumption of office of Donald Trump as the 47th...
EcoBank Hit with $68 Million Lawsuit in UAE for Alleged Defamation and Abusive Legal Practices
EcoBank Nigeria, its parent companies and leadership are facing a legal suit in the United Arab Emirates (UAE) on allegations...
HOSTAFRICA Acquires GO54 (Formerly Whogohost)
HOSTAFRICA, a leading web-hosting company in Africa, is excited to announce the successful completion of the acquisition of GO54 (formerly...
American Express to Pay $230 Million in Federal Settlement Over Fraud Allegations
American Express has agreed to pay $230 million to resolve federal allegations of deceptive marketing practices and civil fraud, the...
German Inflation Rate Climbs to 2.6% in December
By Alexander Sturm and Jörn Bender, dpa Berlin, Germany - The German inflation rate climbed to 2.6% in December compared...