Business

Toyota to Launch Electric Car with Advanced Autonomous Driving in China in 2025

Toyota partners with GAC to launch Bozhi 3X SUV with advanced autonomous driving, aiming to regain market share in China.

3 months ago

As FCCPC Conducts Survey To Unravel Cause of Soaring Prices, Traders Blame High Cost of Food Items on Insecurity

Traders of food items in Onitsha have blamed the rising cost of food items in Nigeria on insecurity bedeviling the…

3 months ago

Adefeko Calls for Urgent Action, Says Nigeria’s Food Security In Jeopardy

Olam Agri's Head of Corporate and Regulatory Affairs Ade Adefeko has highlighted Nigeria's agricultural sector's critical challenges, imperiling food security.

3 months ago

Cardoso Says Nigeria Doesn’t Require IMF Funding To Close Liquidity Gap, Cites $24bn FX Inflow In Q1 2024

CBN Governor Cardoso says Nigeria doesn't need IMF funding to close liquidity gap for now due to strong policy measures.

3 months ago

NSIA Announces Phase 2 of $220,000 Start-Ups Innovation Prize

NSIA has announced start-ups advancing to the bootcamp stage of the NPI 2.0 for a chance to win prizes worth…

3 months ago

NUPRC Seeks to Harness Nigeria’s 1.6 Billion Heavy Crude Reserves

The NUPRC is collaborating with industry operators to develop Nigeria's vast heavy crude oil reserves, which is only 5% developed.

3 months ago

Volkswagen to Invest $5bn in Tesla’s Rival Rivian Amid Growing EV Competition

Volkswagen says it will initially invest $1bn in Rivian, Tesla's rival with an additional $4 billion by 2026.

3 months ago

CBN Orders Banks, IMTOs To Settle Diaspora Remittances In Naira To Boost FX Liquidity

The Central Bank of Nigeria has instructed all banks and international transfer operators to process diaspora remittances in Naira.

3 months ago

Mandate CBN to Reverse Suspension of Heritage Bank Licence, Afenifere Tells FG

Afenifere has urged federal government to reverse Heritage Bank’s license suspension, describing it as former governor governor Ajasin’s economic legacy.

3 months ago

Nvidia Suffers Record-Breaking Loss as Market Value Plummets

Nvidia's shares plummeted 13% in three days, causing a record-breaking loss, despite a 11% rise over the past month.

3 months ago