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Category: Economy

Germany in recession as inflation, higher interest bite
EconomyEuropeNews

Germany in recession as inflation, higher interest bite

QEDAILYMay 25, 2023May 25, 2023

Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher…

Dangote refinery petrol hits market July, Nigeria to save N7tn
AfricaEconomyEnergyNewsOil and Gas

Dangote refinery petrol hits market July, Nigeria to save N7tn

QEDAILYMay 23, 2023May 23, 2023

The Federal Government may save about N35tn in fiscal expenditure within the next five years with the commencement of operations…

Dangote Refinery For Launch May 22, To Refine 103.34m Litres Daily
AfricaEconomyEnergy and Gas

Dangote Refinery For Launch May 22, To Refine 103.34m Litres Daily

QEDAILYMay 21, 2023May 21, 2023

With the much awaited 650,000 barrels per day Dangote Refinery scheduled for launch by President Muhammadu Buhari on May 22,…

Subomi Balogun: Life and times of the celebrated Nigerian Banker
AfricaBusinessEconomy

Subomi Balogun: Life and times of the celebrated Nigerian Banker

QEDAILYMay 20, 2023May 20, 2023

The late Otunba Subomi Balogun bestrode the nation’s banking ecosystem as a colossus, where he ruled the roost for several decades. Born…

Nigerian Government approves Ondo Deep Sea Port, grants operating licence
BusinessEconomyEnergy and GasOil and Gas

Nigerian Government approves Ondo Deep Sea Port, grants operating licence

QEDAILYMay 17, 2023May 17, 2023

The federal government on Wednesday approved the establishment of a deep sea port in Ondo State. The Federal Executive Council,…

Nigeria inflation quickens in April as food prices surge
AfricaEconomyNews

Nigeria inflation quickens in April as food prices surge

QEDAILYMay 15, 2023May 15, 2023

ABUJA,(Reuters) – Nigeria’s annual inflation rose to 22.22% in April from 22.04% the previous month, as the price of food…

In the Market: Why US regional banks are doomed to a doom loop
EconomyNewsUnited States of America

In the Market: Why US regional banks are doomed to a doom loop

Ayodele OlawaleMay 15, 2023May 15, 2023

(Reuters) – Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really…

SA defends spelling on banknotes amid complaints
AfricaEconomyNews

SA defends spelling on banknotes amid complaints

Ayodele OlawaleMay 11, 2023May 11, 2023

The South African Reserve Bank is standing by its decision to change the spelling of a Xitsonga text on banknotes,…

BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit
EconomyNewsWorld

BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit

Ayodele OlawaleMay 11, 2023May 11, 2023

The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a…

Top 10 Weakest Currencies In The World In 2023
EconomyNews

Top 10 Weakest Currencies In The World In 2023

Ayodele OlawaleMay 7, 2023May 7, 2023

Many people think of the strongest currencies in the world and the U.S. dollar is the most popular currency that…

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Top News

AfricaEnergy and GasNewsOil and Gas

Scarcity trails subsidy removal as Tinubu begins ‘housecleaning’ 

QEDAILY May 30, 2023
FootballNewsSoccerSports

OFFICIAL: Flying Eagles Goalkeeper Aniagboso Joins Ukrainian Club

QEDAILY May 30, 2023
AfricaCrimeWar

ICC prosecutor urges ‘new way’ to address DR Congo crimes

QEDAILY May 30, 2023
AfricaEnergy and GasNews

Power sector: Nigerians beam hopes on Tinubu as Buhari govt fails

QEDAILY May 30, 2023

Hot News

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AfricaEnergy and GasNewsOil and Gas

Scarcity trails subsidy removal as Tinubu begins ‘housecleaning’ 

QEDAILY May 30, 2023
FootballNewsSoccerSports

OFFICIAL: Flying Eagles Goalkeeper Aniagboso Joins Ukrainian Club

QEDAILY May 30, 2023
AfricaCrimeWar

ICC prosecutor urges ‘new way’ to address DR Congo crimes

QEDAILY May 30, 2023
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Power sector: Nigerians beam hopes on Tinubu as Buhari govt fails

QEDAILY May 30, 2023

Trending News

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AfricaEnergy and GasNewsOil and Gas

Scarcity trails subsidy removal as Tinubu begins ‘housecleaning’ 

QEDAILY May 30, 2023

President Bola Ahmed Tinubu, yesterday, kick-started the long, tortuous journey towards pulling the economy from the woods, declaring that the days of fuel subsidy are gone and hinting at the…

FootballNewsSoccerSports

OFFICIAL: Flying Eagles Goalkeeper Aniagboso Joins Ukrainian Club

QEDAILY May 30, 2023

Ukrainian Premier League club FC Polissia Zhytomyr have announced the signing of Flying Eagles goalkeeper, Chijioke Aniagboso. Aniagboso, 19, signed a five-year contract with the newly promoted club. "FC Polissia…

AfricaCrimeWar

ICC prosecutor urges ‘new way’ to address DR Congo crimes

QEDAILY May 30, 2023

The International Criminal Court’s chief prosecutor has called for a new way to tackle war crimes in the Democratic Republic of Congo. Karim Khan, who is on a fact-finding mission…

AfricaEnergy and GasNews

Power sector: Nigerians beam hopes on Tinubu as Buhari govt fails

QEDAILY May 30, 2023

The inauguration of President Bola Ahmed Tinubu on Monday heralds a new era for the country after an unsuccessful attempt by the immediate past President Muhammadu Buhari to break the…

CarsNewsTechTechnology

China just unveiled a futuristic, sun-powered car that can basically drive itself — and it took just 5 months to develop

QEDAILY May 30, 2023

Tianjin solar car marks an exciting step toward the goal of a zero-pollution transportation system. Last June, at the sixth World Intelligence Congress, a team in China unveiled the Tianjin…

AsiaCovid-19HealthNews

Covid: Top Chinese scientist says don’t rule out lab leak

QEDAILY May 30, 2023

The possibility the Covid virus leaked from a laboratory should not be ruled out, a former top Chinese government scientist has told BBC News. As head of China's Centre for…

Art
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AfricaArt

Benin Bronzes: Germany returns looted artefacts to Nigeria

Ayodele Olawale December 20, 2022
ArtNorth America

US returns 23 looted artefacts to Nigeria

Ayodele Olawale October 12, 2022
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Remembering the glory days of pan-African art

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FootballNewsSoccerSports

PSG: Only three fans came out to welcome Messi after Ligue 1 title victory

QEDAILY May 30, 2023

Only three PSG fans came out to receive Lionel Messi after the Parisians clinched the Ligue 1 title at the weekend. Messi and his teammates were stunned as only three…

AfricaNewsWar

US, Saudi Arabia welcome Sudan ceasefire extension

QEDAILY May 30, 2023

The Sudanese army and its rivals from the Rapid Support Forces have accused each repeated violations of ceasefire The United States and Saudi Arabia have welcomed the extension of a…

AfricaPress Release

FIRST INAUGURAL ADDRESS BY PRESIDENT BOLA AHMED TINUBU 29 MAY 2023

QEDAILY May 29, 2023

THE NIGERIAN IDEAL My Fellow Citizens, I stand before you honoured to assume the sacred mandate you have given me. My love for this nation is abiding. My confidence in…

AfricaNewsPolitics

NIGERIA- Moment Stage Collapses At The Swearing-In Ceremony In Kano State – {Video}

QEDAILY May 29, 2023

A stage at the Sani Abacha Stadium where dignitaries were seated during the inauguration of the new Kano State governor, Abba Kabir, has collapsed. The podium collapsed shortly after Mr…

FootballNewsSoccerSports

PSG: Only three fans came out to welcome Messi after Ligue 1 title victory

QEDAILY May 30, 2023

Only three PSG fans came out to receive Lionel Messi after the Parisians clinched the Ligue 1 title at the weekend. Messi and his teammates were stunned as only three…

AfricaNewsWar

US, Saudi Arabia welcome Sudan ceasefire extension

QEDAILY May 30, 2023

The Sudanese army and its rivals from the Rapid Support Forces have accused each repeated violations of ceasefire The United States and Saudi Arabia have welcomed the extension of a…

AfricaPress Release

FIRST INAUGURAL ADDRESS BY PRESIDENT BOLA AHMED TINUBU 29 MAY 2023

QEDAILY May 29, 2023

THE NIGERIAN IDEAL My Fellow Citizens, I stand before you honoured to assume the sacred mandate you have given me. My love for this nation is abiding. My confidence in…

AfricaNewsPolitics

NIGERIA- Moment Stage Collapses At The Swearing-In Ceremony In Kano State – {Video}

QEDAILY May 29, 2023

A stage at the Sani Abacha Stadium where dignitaries were seated during the inauguration of the new Kano State governor, Abba Kabir, has collapsed. The podium collapsed shortly after Mr…

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The rise and fall of the famous Jolof Empire that ruled parts of modern-day Senegal

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