CBN has asserted that old N200, N500, N1,000 notes will remain valid beyond 2024, refuting House of Reps proposed phase-out

Afreximbank has committed $3 million to Mediwood Studios for expansion, the strengthening of Tunisia’s film industry.

According to NESG reports, Nigeria’s current business performance shows a largely negative operating environment, facing significant and escalating economic challenges.

CBN Governor Cardoso has announced the launch of a BVN platform, enhancing financial access for Nigerians in the diaspora.

IMF has credited Central Bank’s actions for stabilising naira, addressing inflation and foreign exchange issues

Meta has prevailed in court, successfully defending child safety measures against shareholder lawsuit alleging misleading disclosures.

The House of Representatives has urged the CBN to provide an additional $3bn to tackle agricultural under-financing.

The FCCPC has pledged to safeguard consumers during Ikeja Electric’s prepaid meter phase-out, engaging DisCos to ensure fairness and transparency.

UBA’s gross earnings soared to N2.398 trillion, reflecting an impressive 83.2% rise in Q3 2024

The FG has endorsed ExxonMobil’s divestment to Seplat Energy while rejecting Shell’s proposed deal with Renaissance Africa Energy.

The ITF has lauded Nigeria’s 75.5% ICAO compliance, pledging to help build a sustainable African aviation industry.

Research projects that Nigeria’s offshore oil market will grow from $34.18 billion in 2023 to $47.03 billion by 2031

Zenith Bank, UBA, GTCO, others banks recorded higher cash reserves at N15.5tn amidst the CBN’s drive to control liquidity

NHTSA is investigating Tesla’s Full Self-Driving software after four collisions, including one fatal incident, which happened in low-visibility conditions

China’s economic growth hit its weakest pace since early 2023, fuelled by property sector struggles and slowing export demand growth.

Samsung’s Texas chip factory has faced delays in equipment deliveries and customer acquisition, posing risks to its 2026 production timeline.

Wale Edun has revealed that Nigeria’s petrol subsidy has cost the nation approximately 5% of its GDP.

Minister Keyamo has signed the IDERA to facilitate aircraft deregistration and boost Nigerian airlines’ access to dry-lease aircraft.

CBN’s Cardoso has emphasised that controlling inflation is crucial for economic stability, affecting both households and businesses across Nigeria.

NUPRC has rejected Shell’s proposed sale of its onshore oil assets to Renaissance Consortium, citing the consortium’s lack of capacity