Business

Anambra State Reinforces Tech-Driven Business Environment Anambra State has reaffirmed its commitment to building a tech-driven and business-friendly environment. The state government, led by His Excellency, Prof. Charles Chukwuma Soludo, CFR, reiterated this commitment during the maiden State Action on Business Enabling Reforms (SABER) technical session and statewide town hall meeting held on Tuesday, July 8, 2025, at the International …

Impact of US Tariffs on Thailand’s Export Sector The proposed 36% tariff by the United States on Thai goods is expected to significantly affect Thailand’s export competitiveness, according to economists in the banking sector. This potential tariff could have far-reaching consequences for Thailand’s trade relations and economic stability. Potential Outcomes of Trade Negotiations Kobsak Pootrakool, senior executive vice-president of Bangkok …

IMF Highlights Critical Challenges in Ghana’s Energy and Cocoa Sectors The International Monetary Fund (IMF) has emphasized the importance of addressing persistent challenges in Ghana’s energy and cocoa sectors as part of broader efforts to sustain fiscal reforms under a $3 billion bailout programme. This comes after the IMF’s Executive Board approved the fourth review of the Extended Credit Facility …

The Companies Deny Criminal Allegations and Emphasize Commercial Disputes Springfield Exploration and Production Limited and GMP Energy, two leading players in the oil and gas industry, have issued strong responses to recent allegations made by entities linked to Petraco, a global commodities trader. These allegations were reportedly submitted to the Economic and Organised Crime Office (EOCO) and have since been …

A Call for Collective Action on ESG in Nigeria British American Tobacco Nigeria has emphasized the importance of integrating environmental, social, and governance (ESG) principles into the core of Nigeria’s industrial and economic growth. The company is encouraging leaders from both the public and private sectors to collaborate in making ESG a central pillar of national development. At the Green …

Julius Berger Achieves Major Financial Milestone in 2024 Julius Berger has achieved a significant financial milestone in 2024, with its total assets surpassing the N1 trillion mark. This achievement marks a major turning point for the company, reflecting robust growth and strategic management under the leadership of its new Managing Director, Dr. Peer Lubasch. Record Financial Performance During the company’s …

The Need for a New Global Financial Framework In today’s global landscape, the necessity for increased financial transfers from developed nations to developing countries is more pressing than ever. This is especially true in an era where leaders like President Trump and other Western governments are scaling back on aid. The argument is clear: these transfers must not only grow …

A Digital Revolution for Public University Leadership in Ghana Sammy Crabbe, a business leader and technologist, has introduced a groundbreaking digital platform aimed at transforming the appointment process for senior leadership roles in Ghana’s public universities. His proposal seeks to address long-standing issues of favoritism and political interference by introducing a transparent and merit-based system. The proposed platform would ensure …

Dangote Oil Refinery Shifts Focus to Local Crude Supply The Dangote oil refinery is set to receive 10 shipments of crude oil from the Nigerian National Petroleum Company Limited (NNPC) between July and August, according to a report. This development marks a significant step in the facility’s plan to phase out crude imports by December 2025. The refinery aims to …

Shanghai’s Luxury Home Market Outperforms National Trends Shanghai has emerged as a standout in China’s real estate market, particularly for high-end properties. In the first half of this year, the city accounted for over 80% of transactions nationwide for homes priced above 50 million yuan (US$7 million). This trend highlights how wealthy buyers are turning to luxury real estate as …