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

Air Peace CEO Allen Onyema has acknowledged government’s efforts to ease business in Nigeria but canvassed removal of multiple charges.

German authorities are investigating fires caused by incendiary devices hidden in parcels, raising concerns about sabotage and espionage.

Nigeria’s inflation rate rose to 32.7% In September 2024, reflecting increased costs in food and essential services nationwide.

The Nigerian government plans to invest $2 billion to expand its fibre optic network by 90,000km, boosting digital infrastructure nationwide.

BMW CEO Oliver Zipse urged Europe to reconsider the 2035 fossil fuel car ban to reduce reliance on China’s battery supply.

Lagos Governor Babajide Sanwo-Olu has announced the launch of the Red Line rail service, aiming to transport 500,000 daily.

Google has partnered with Kairos Power to utilise small nuclear reactors for powering its AI data centres by 2035. 

Tokyo Metro Co. raised 348.6 billion yen in Japan’s largest IPO in six years, priced at 1,200 yen per share.

Neons Airlines is set to launch weekly flights from Italy to Lagos starting October 30.

Professor Yemi Oke says the deregulation of Nigeria’s petroleum market is a step in the right direction.

The strike by 33,000 West Coast workers has halted Boeing’s production of the 737 MAX, 767, and 777 aircraft.

National Assembly is considering an executive bill proposing to raise Nigeria’s Value Added Tax from 7.5% to 10% by 2025