Business

WTO’s Okonjo-Iweala Warns G20 Against New Trade Restrictions Amid Global Economic Uncertainty

WTO’s Okonjo-Iweala has urged G20 countries to avoid trade restrictions that could worsen global economic uncertainty, stressing market openness and…

1 week ago

CBN: Nigeria Spent $3.5bn On Foreign Debt Servicing In Nine Months

The Central Bank of Nigeria has reported $3.5 billion spent on foreign debt servicing over the past nine months.

1 week ago

Volkswagen, Rivian Launch $5.8bn Joint Venture Amid EV Industry Competition

Volkswagen and Rivian have launched a $5.8bn joint venture, sharing critical EV technology amid slowing global demand and competition.

1 week ago

NCAA Bars Cross-Crew Operations, Cites Safety Risks in New Directive for Licensed Flight Crew Members

NCAA has barred licensed pilots from conducting cross-crew operations for multiple airlines, citing safety risks and inconsistent operational standards.

1 week ago

Nigeria’s Crude Oil Production Rises by 35,000 BPD to 1.085 Million BPD in October, Says OPEC

OPEC has reported that Nigeria’s crude oil production increased by 35,000 barrels per day in October, reaching 1.085 million barrels.

1 week ago

Afreximbank Approves $200 Million for BUA Industries to Drive Nigerian Industrial Growth

Afreximbank has approved a $200m finance facility for BUA Industries, supporting expansion in manufacturing, infrastructure, and export sectors in Nigeria.

1 week ago

TotalEnergies Pushes for Lower Investor Entry Costs to Reignite Nigeria’s Oil and Gas Sector

TotalEnergies has presented five key strategies to revive Nigeria's oil sector, including attractive investor costs and re-licensing of expired blocks.

1 week ago

CBN Governor Backs Higher Capital Requirements to Boost Financial Inclusion

CBN’s Cardoso has emphasised that raising capital requirements will empower banks to expand credit access, enhancing financial inclusion for underserved…

1 week ago

Shell Wins Appeal, Overturns Landmark Emissions Ruling Mandating 45% Reduction by 2030

Shell has won an appeal, overturning a 2021 ruling that ordered it to reduce carbon emissions by 45% by 2030

1 week ago

Elliott Investment Management Pushes For Honeywell Break-up, Citing $5 Billion Stake

Elliott Investment Management has called for Honeywell break-up, citing $5 billion stake and potential 51%-75% share price boost.

1 week ago