Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China. The Ministry of Industry and Information Technology published the approval on its website

The 108th meeting of the Organisation of Petroleum Exporting Countries (OPEC) on Monday failed to reach an agreement on January 2021 crude oil output, prompting the deferment of further discussions

The Central Bank of Nigeria has liberalised money transfers through wire service companies such as Western Union and Moneygram which will enable recipients of foreign exchange transfers in the country

Despite the economic meltdown caused by the Covid-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a combined profit of N677.149bn (about

Tesla Inc Chief Executive Officer Elon Musk said on Friday there will probably be a wider roll out of a new “Full Self Driving” software update in two weeks. In

Disney is increasing its layoffs to around 32,000 workers as the coronavirus pandemic continues to negatively affect the theme park industry. The majority of these layoffs will be from its

Kenya’s top lender by assets, KCB Group plans to acquire 62.06% in Banque Populaire du Rwanda and 100% in African Banking Corporation Tanzania Limited. Kenyan commercial banks are looking beyond

Central Bank of Nigeria Governor Godwin Emefiele on Tuesday said the parallel market – otherwise known as the black market – cannot be used to determine the true value of

Emirates Airlines has launched an industry-first initiative to provide expanded, multi-risk travel cover on top of its current Covid-19 cover. Provided by Emirates at no additional cost to its customers,

Oil prices held gains on Tuesday as news of a third promising vaccine candidate spurred hopes of a quick recovery in oil demand, while US President-elect Joe Biden received the

Radisson Hotel Group is proud to announce the signing of Radisson Hotel Abuja Gudu, Nigeria, marking the debut of the group’s third brand in the city. This new addition further

The Bank of Ghana kept its interest rates unchanged at an eight-year low of 14.5% during its November meeting. Governor Ernest Addison said this while addressing the media today in

The IHS Markit Eurozone Manufacturing PMI fell to 53.6 in November 2020, from 54.8 in the previous month but above market consensus of 53.1, a preliminary estimate showed. The latest

FBN Holdings Plc has reported a growth of 31.7 per cent in its profit after tax (PAT) for the nine months ended September 30, 2020, raising the hope of investors

Transcorp Hilton Abuja has been honoured with four  awards including Africa’s Leading Business Hotel for the sixth consecutive year at the 27th annual World Travel Awards. The hotel, which is