Aniekan Usoroh has said a telecom shutdown in Nigeria would cause chaos; telecom tariff hike is necessary due to rising operational costs.

Samsung has warned of sluggish AI chip sales due to US export restrictions, supply challenges, and shifting demand.

Nigeria has targeted $23.2bn to expand electricity access, boost renewables, and improve clean cooking solutions.

CBN Governor Cardoso says the Naira’s stability and FX reforms have bolstered investor confidence and ensured competitive returns for Nigeria.

Experts have warned that Nigeria’s high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic growth

Toyota has retained its top-selling automaker title in 2024 despite 3.7% sales drop, driven by declines in Japan and China.

Tesla has announced plans to launch affordable EVs in 2025 and test a paid autonomous car service, boosting investor confidence.

Nigeria’s petrol imports have fallen to 110,000 bpd, the lowest since 2017, as Dangote refinery ramps up production.

GSMA has commended NCC’s 50% telecom tariff hike, predicting it will create 2 million jobs and raise N1.6 trillion in taxes.

Access Bank is set to host Africa Trade Conference in Cape Town, in March 2025, promoting solutions for Africa’s trade challenges.

FBN Holdings’ market value fell by 5.5% as investor sentiment declined ahead of earnings release, amid legal battles and governance concerns.

The federal government has launched an ultramodern fashion hub in Maiduguri, aiming to generate 48,000 jobs and boost economic growth.

CBN Governor Cardoso has launched the Nigeria FX Code to enforce ethical practices, transparency, and governance in the FX market.

Nvidia’s staggering $589 billion loss has sent shockwaves through global markets, highlighting fierce competition in the AI sector

Former BOJ board member Sakurai has predicted interest rates could reach 1.5% within two years, driven by economic conditions 

NEITI and EFCC have collaborated to recover N66 billion and $6 billion owed to the federal government by oil firms

SEC DG Agama has warned that capital market violations would face tough sanctions to ensure transparency and investor confidence.

Chinese AI app DeepSeek has overtaken ChatGPT to become the top-rated free app on the US App Store.

Perplexity AI has suggested a merger with TikTok, proposing to allocate half of the deal to the US government, according to a source.

Zenith Bank has raised N350.4 billion through a hybrid Rights Issue and Public Offer, exceeding regulatory capital requirements.