Nissan-Honda $60bn Merger Talks Collapse Amid Power Struggle
Honda and Nissan have abandoned their $60bn merger talks, deepening Nissan’s struggles as competition from Chinese EV makers grows.
Honda and Nissan have abandoned their $60bn merger talks, deepening Nissan’s struggles as competition from Chinese EV makers grows.
NESGAS and Cakasa Nigeria Limited have signed a $200 million deal for a 50,000MT LPG storage facility in Onne.
The federal government is set to disburse the $350 million CVFF to strengthen indigenous shipping and enhance maritime growth.
MTN apologised for a 200% price hike in its 15gb data plan but later increased the tariff again by N500
Nissan and Honda have announced an end to their merger negotiations but will continue working together on electric vehicle technology.
The Power Minister Adelabu has emphasised restoring consumer confidence in Nigeria’s power grid as industries seek alternative energy sources.
Fitch Ratings has said Nigerian banks are making progress in recapitalisation, ensuring compliance with CBN’s 2026 deadline and supporting business growth.
Brazil’s agriculture agency is set to conduct long-term research into cannabis cultivation, focusing on its agricultural potential.
Court has ordered forfeiture of N6.3bn Keystone Bank shares to Nigerian government after Sigma Golf pleads guilty to N20bn fraud.
Minister Keyamo has urged UAE to relax strict visa policies on Nigerians to enhance travel and boost economic ties.
Nigeria has signed agreement to host Afreximbank Annual Meetings 2025 in Abuja, reinforcing its leadership in African trade and economic development.
PETROAN has insisted fuel importation is legal under the PIA and warns against monopolistic control in Nigeria’s downstream oil sector.
PETROAN has insisted fuel importation is legal under the PIA and warns against monopolistic control in Nigeria’s downstream oil sector.
House of Reps has demanded a suspension of the 50% telecom tariff hike, citing economic hardship.
Air Peace’s interline agreement with Emirates is set to provide seamless travel from Dubai to multiple Nigerian cities, boosting trade.
Chevron’s reserves fell to 9.8 billion barrels in 2024, raising concerns about sustaining long-term production amid acquisition challenges
MOFI has launched the N100bn Series 2 housing fund, inviting private investors to bridge Nigeria’s housing deficit.
Dangote Group’s VP for oil and Gas, Edwin Devakumar, has said the refinery can reach full capacity in 30 days.
“Africa must act fast to solve big problems, invest in youth and curb migration,” says AfDB President Akinwumi Adesina.
Nigeria and Bahrain are working to strengthen diplomatic ties, focusing on trade, investment, and oil and gas cooperation.
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