Nvidia’s shares have dropped 6% despite surpassing expectations with $30 billion in revenue, as growth showed signs of slowing.

Nigeria’s aviation sector is set for a major upgrade following a strategic MoU signed with Boeing to modernise its airlines.

The NEPC reported a 6.26% increase in non-oil exports, reaching $2.7bn in H1 2024, driven by diversification into semi-processed products

EManufacturers Association of Nigeria has urged Central Bank to reduce interest rates, waive foreign exchange conditions to boost local production.

Samsung SDI and General Motors has invested $3.5 billion in Indiana EV battery factory, aiming for 2027 mass production start.

Apple is set to restructure efforts to refocus priorities, drive innovation, and address challenges in China, its third-largest market, amid sales decline.

Boeing has announced that it will open its African headquarters in Addis Ababa in October 2024.

NNPC has commenced LNG cargo shipments to Japan and China, enhancing its global energy supply strategy.

President Tinubu has praised Nigeria’s latest GDP report, highlighting a 3.19% growth in Q2 2024, signaling economic recovery and resilience.

HURIWA has praised NNPC for transparency with its 2023 audited financial statement, showcasing a N3.3tn profit and N2.1tn dividend.

Atiku Abubakar has questioned Oando’s accelerated approval for Eni’s assets, alleging preferential treatment over other stalled transactions.

Japan has shown interest in further strengthening business and economic relations with Nigeria especially in the area of start-ups.

Afreximbank has announced that it arranged $650 million for Oando’s acquisition of NAOC’s 20% in a Nigerian oil joint venture.

Over 100 sacked CBN staff have sued the financial institution for damages, claiming wrongful termination under Tinubu’s reorganisation strategy.

Bolt has blocked accounts involved in fake ride requests, tracing IP addresses and restricting international orders to prevent future occurrences.

TikTok has launched a Safety Advisory Council in Sub-Saharan Africa to enhance platform safety and expand its #SaferTogether campaign.

Freixe aims to restore sales growth, focusing on Nestle’s “core” activities, and potentially exploring M&A opportunities to drive momentum.

Minister Adelabu has emphasised grid power reliability over costly captive power, urging industries to reconnect for cost-effective electricity.

NNPC has dismissed Atiku’s accusations it’s been hijacked by Tinubu’s associates, affirming its deal with OVH is purely commercial.

Oando has acquired Agip for $783m, strengthening it’s participating interests in four key oil mining leases from 20% to 40%