OPEC’s Production Cut and the Impact on Oil Prices
Saudi Arabia, as the chair of OPEC+, needs Brent crude oil prices to reach $80 per barrel to cover its spending and import bill. In 2020, oil prices crashed due…
OPEC’s Production Cut and the Impact on Oil Prices
Saudi Arabia has announced it will be cutting its production of crude oil by a million barrels a day to try to boost prices. Other members of the oil producers’…
Unconventional Advice for Aspiring Entrepreneurs: The Truth About Starting a Business
Starting your own business is a dream for many, and while there are plenty of resources available to guide you, success often requires breaking the traditional rules. Embracing who you…
Manufacturing Business News Roundup: Electrical Engineering Degrees Decline, Robotized Electric Battery Dismantling, and More
Here is a roundup of the latest manufacturing news from Endeavor Business Media’s various news brands, providing insights into industry trends and developments:
Naira Remains Suppressed as Dollar Defies Promised Unified Exchange Rate
President Bola Tinubu’s pledge for a unified exchange rate system has yet to materialize as the Naira continues to face suppression in the parallel market. Since the announcement on May…
Expert Warns: Inflation Could Surge to 30% in June Following Subsidy Removal
The partner and chief economist at KPMG Nigeria, Yemi Kale, has stated that the recent increase in the prices of premium motor spirit (PMS), commonly known as petrol, could potentially…
NCC Enhances Mobile Coverage with Finalized MVNOs Framework
The Nigerian Communications Commission (NCC) has announced the completion of the framework for Mobile Virtual Network Operators (MVNOs) as it strives to enhance service delivery in Nigeria’s telecommunications industry. This…
NCC assures industry leadership to achieve 90% broadband penetration by 2025
In accordance with the Nigeria National Broadband Plan (NNBP 2020-2025), the Nigerian Communications Commission (NCC) is actively striving to provide industry leadership and facilitate the accomplishment of 90% broadband penetration…
Navigating the Ethics of Artificial Intelligence: A Comprehensive Guide by Tosin Shobukola
As the realm of artificial intelligence (AI) continues its rapid expansion, the imperative to grapple with its ethical dimensions grows ever more urgent. AI holds vast promise, poised to revolutionize…
CBN Denounces Naira Devaluation Story as Fake News
In a recent development, the Central Bank of Nigeria (CBN) has refuted claims of devaluing the Naira to N630/$1 in the official market. A national newspaper reported on Thursday on…