Category: Business
Money, economy, currency, power, oil and gas and all business news.
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Ghana to float new national airline
ACCRA (CONVERSEER) – The Government of Ghana has inaugurated a 10-member task force to oversee the establishment of a new National Airline. The task force… Read More
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New German economy minister wants more gas-fired power plants
Katherina Reiche on Friday called for the rapid construction of new gas-fired power plants in the country to support the country’s energy supply when renewable… Read More
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Germany shutters major crypto exchange, seizes €34 million in assets
FRANKFURT – German police on Friday said they had shut down a major online platform for cryptocurrency exchanges, seizing €34 million ($38 million) in assets. The… Read More
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Germany’s Fresenius reports rise in earnings in first quarter
German health-care company Fresenius SE reported higher adjusted profit and revenues in the first quarter compared to the same period of the previous year, excluding… Read More
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BMW Q1 profit falls 26.4% on weak China sales, 2025 outlook held
German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion ($2.5 billion), as weak demand in China weighed on earnings. Read More
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FG to phase out electricity subsidies, says Minister Adelabu
ABUJA — The Federal Government has announced plans to gradually eliminate electricity subsidies, citing the unsustainable financial burden on the nation’s economy. Minister of Power… Read More
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NNPC Boss sacks MDs of Warri, Port Harcourt, Kaduna refineries
ABUJA – In a decisive effort to arrest long-standing inefficiencies in Nigeria’s refining operations, the Group Chief Executive Officer of the Nigerian National Petroleum Company… Read More
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CBEX resumes operations amid N1.2tn fraud probe
LAGOS – Despite an ongoing investigation into a massive N1.2 trillion digital trading fraud that reportedly affected over 600,000 Nigerians, embattled investment platform Crypto Bridge… Read More
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Inside the excessive bank charges killing Nigerians
Ozovehe Blessing, an Abuja-based school teacher, regularly sends money to her younger brother at Kogi State University. Recently, she transferred N5,000 via her mobile banking… Read More
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Tether to Deploy Hashrate on OCEAN, Advancing Decentralised Bitcoin Mining Infrastructure
Tether, the largest company in the digital assets industry, announced today its intention to deploy both existing and future hashrate on OCEAN, a leading Bitcoin… Read More
