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BUSINESS22h agoE-commerce, championing Nigeria’s digital journey?•Online shopping sector jumps 15 points to 75% in new report•Customer satisfaction hits 71% despite service quality decline in key sectors•Power, Public Sector trail at 51%, 53%By Prince Osuagwu E-Commerce appears to be one sector in Nigeria where customers are not complaining as much as they used to.While poor service continues to dog several sectors […] The post E-commerce, championing Nigeria’s digital journey? appeared first on Vanguard News.Vanguard Nigeria
BUSINESS22h agoNigeria loses $2bn yearly to cocoa value addition gap — FGBy Cynthia Alo & Kafayat Kokumo The Federal Government (FG) has said that Nigeria loses about $2 billion annually in potential value from cocoa because the country’s processing capacity is largely underutilised. Meanwhile, the International Institute of Tropical Agriculture (IITA), has said that West Africa needs high-yielding, climate-resilient cocoa varieties to improve productivity and protect […] The post Nigeria loses $2bn yearly to cocoa value addition gap — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESS22h agoGold prices hold firm ahead of US inflation data - ReutersGold drops over 1% as hot US inflation data boosts Fed hike bets ReutersReuters World
BUSINESS22h agoIndonesia’s Bali hit by fuel crisis as huge queues form at petrol stationsMotorists have been left queuing for hours at petrol stations across Indonesia’s resort island of Bali in recent days amid reports of a crippling fuel shortage. Long queues have been spotted all around the island, including in the capital Denpasar, Badung and Tabana, according to the Bali Post. On Tuesday, Bali Governor I Wayan Koster stressed that there was enough fuel to go around, suggesting that panic buying might have caused the shortages at the pumps. “People need to be patient because the...South China Morning Post
BUSINESS23h agoChina’s exports surge 36% as AI-related shipments boomImports soar by a third as high oil prices from Middle East conflict push up energy billFinancial Times
BUSINESS23h agoCheap transport fare: FG visits 2 CNG vehicle manufacturing firms in Anambra, seeks collaboration…Auto makers hail FG’s new policy on patronageBy Vincent Ujumadu Two auto makers in Anambra State, Innoson Vehicle Manufacturing, IVM, Nnewi, and Kojo Motors Auto Assembly, Umunya, have hailed the Federal Government’s new policy that has made it mandatory for Ministries, Departments and Agencies, MDAs, to patronize locally made vehicles. Officials of the two companies, […] The post Cheap transport fare: FG visits 2 CNG vehicle manufacturing firms in Anambra, seeks collaboration appeared first on Vanguard News.Vanguard Nigeria
BUSINESS23h agoTrump announces that Taiwan will buy 30% of Alaska pipeline gas for twenty yearsTaiwan will invest 4.4 billion dollars in the Alaska LNG project, securing 30% of the gas for 20 years, according to the American president. Trump promotes Measure 2 in Alaska and supports Senator Sullivan in his re-election. He also pardons three workshop owners for violating the Clean Air Act.Clarín
BUSINESS23h agoLocal, Intl stakeholders’ hails Oyedele on fiscal reformsBy Henry Ojelu Some local and international stakeholders in the petroleum and economic sectors have commended the Federal Government’s interventions to cushion the impact of rising petrol prices, while calling for transparency and effective implementation to ensure Nigerians benefit. The commendations followed recent measures announced by the Minister of Finance and Coordinating Minister of the […] The post Local, Intl stakeholders’ hails Oyedele on fiscal reforms appeared first on Vanguard News.Vanguard Nigeria
BUSINESS23h agoTaiwan agrees to buy 30% of gas from Alaska LNG project, Trump saysU.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.CNBC
BUSINESS23h agoBank of America hit with $1.2bn fine for money laundering failingsThe bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.BBC World
BUSINESS23h agoSouth Korean carmaker Hyundai plans 'strategic' investment of $15.5 billion in India by 2032Korean car company Hyundai says India is a strategic core marketCNBC