Aiteo has shut down OML 29 operations after an oil spill, impacting Nigeria’s crude oil output and economy.

Olusegun Alebiosu has been appointed FirstBank CEO by FBN Holdings, pending approval from the Central Bank of Nigeria.

UK’s Conservative Party says fall in inflation is evidence of economic success, but opposition argues working people remain worse off.

Boeing CEO Calhoun has faced intense questioning over compensation and safety record, sparking calls for resignation and prosecution.

MAN has called on the government to address the increasing incidents of kidnapping, highlighting the threats posed to economic growth.

Ferrari has said it will launch an electric car late next year, with a price tag well above average.

Asian and Nigerian companies are filling the gap left by US and European multinationals exiting Nigeria, according to Bloomberg.

The NUPRC has added 17 deep offshore blocks to the 2024 oil licensing round, bringing the total to 29 blocks

Allen Onyema has hailed Fidelity Bank, revealing it backed Air Peace when no other bank was ready to take a chance.

Toyota Chairman Akio Toyoda has been re-elected despite proxy advisers’ opposition, with 85% approval rating, down from 96% in 2022.

Tesla CEO Elon Musk told employees that the electric vehicle maker would work on stock-based compensation for high-performing employees.

South African insurer Sanlam will buy a 60% stake in MultiChoice’s insurance business for an upfront cash $66 million.

EXCERPT: Former MTN Boss Adrian Wood has taken the helm at ntel, with plans to raise $550 million for company restructuring.

A report says a key risk of Nigeria’s LNG expansion drive is exports struggling to compete globally after 2030.

“We’re trying to change the attitude of the civil servants who are supposed to run these (Nigerian) airports,” says Keyamo.

KPMG says joining global mining bodies will validate Nigeria’s mineral deposits and boost investor confidence.

Keyamo disclosed that the FG is taking steps to allow Nigerian airlines direct access to US and South American routes.

Nigeria’s May Inflation figures hit 33.95%, with food inflation reaching 40.66%

Nigeria’s Securities and Exchange Commission on Friday warned against investment in meme coins, including Davido’s meme coin.

Vice President Shettima has called for collaboration between government and private sector to tackle Nigeria’s economic challenges.