CBN’s Cardoso has expressed confidence in achieving $1bn in monthly remittances by addressing diaspora concerns and strengthening financial reforms.

Alibaba has agreed to a $433.5 million settlement in a US class-action lawsuit which alleged it engaged in monopolistic practices.

A Delaware jury has determined Masimo’s early smartwatches violated Apple’s design patents, adding momentum to their ongoing IP battle.

Dangote Refinery has made its first sea shipment with 500,000 barrels of petroleum products to Lagos

Petrol Tanker Drivers have warned of potential withdrawal of trucks in protest against police taskforce’s wrongful impoundments of tankers

Mercedes Benz has reported dismal Q3 results with a 64% drop in core car division earnings

The NBS is set to rebase Nigeria’s GDP and CPI in November to accurately reflect current economic realities

Ndiame Diop says Nigeria’s economic reforms will prevent fiscal crisis, stabilise the economy and improve framework for private investment.

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