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

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

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

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

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

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

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

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

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

Trade minister Jumoke Oduwole has said that retaining domestic investment in Nigeria will be prioritised for economic competitiveness

Bitcoin has surged close to $90,000 as investors anticipate favourable policies under the crypto-supportive Trump administration.

The FG has overseen the signing of a $3.5bn agreement between BFI Group and CNCEC to revive the ALSCON plant.

The NNPC has announced an end to petroleum importation, transitioning fully to local supply through the Dangote Refinery.

Martins Arogie has cautioned that decentralising regulatory control over Nigeria’s power grid won’t automatically resolve underlying sector challenges.

Aviation Minister Keyamo has led a delegation to inspect Prime Atlantic Safety Services, highlighting government support for aviation safety standards.

BMI has predicted that naira will reach N1,993/$ by 2028, impacting Nigeria’s pharmaceutical industry’s ability to import medical devices.

NACCIMA President Oye has criticised high interest rates, noting that they discourage entrepreneurship and hinder Nigeria’s economic growth.

KPMG had supported Nigeria’s efforts to incentivise oil sector, emphasising the need for a competitive $20 benchmark price.

Ghana’s crude oil production rose by 10.7% in early 2024, marking the first increase after five years of decline.

Aviation Minister Festus Keyamo held a summit to address local insurance challenges for airlines, aiming to ease operational burdens