Speaking to journalists, Festus Osifo provided a detailed analysis of how naira devaluation has driven up the cost of petrol.

The CBN’s decision to raise interest rates has been met with criticism from the CPPE, who argued that it will harm businesses.

US Attorney General Merrick Garland alleges Visa unlawfully amassed power to extract excessive fees beyond competitive market rates.

The Central Bank of Nigeria has raised interest rates by 50bps from 26.75% to 27.25%.

Petrol subsidy in Nigeria is not sustainable, even the government cannot afford it, Aliko Dangote said in a Bloomberg interview.

Dangote has criticised NNPC’s reduced stake in the refinery, calling the decision a huge mistake during a recent interview.

Mercedes cars are set to operate at Level 3 autonomy, allowing hands-free driving with conditions.

CBN’s MPC meeting is set to review economic conditions, with high inflation and Naira vulnerability dominating discussions.

Akwa Ibom Governor Eno has emphasised the need for investors and FG partnership to move the Ibom seaport project forward.

The Nigerian National Petroleum Company Limited (NNPC) has resumed discussions with investors towards bringing back two long-abandoned Liquefied Natural Gas (LNG) projects -Brass and Olokola LNG projects with a total

The Debt Management Office (DMO) has failed to pay coupons on two savings bonds on time, blaming the delay — the second in two months — on system and processing

The Statistician-General/Chief Executive, National Bureau of Statistics (NBS), Mr. Semiu Adeniran, on Friday disclosed that the bureau has finalised plans to rebase the country’s Gross Domestic Product (GDP) and Consumer

Gabriella Uwadiegwu says cultural and societal barriers hinder women’s tech careers, citing biases and limited opportunities for advancement.

Huawei’s highly anticipated Mate XT smartphone went on sale in China on Friday, but many eager fans were left disappointed.  The tri-foldable device, priced at a hefty $2,800, was only available to customers

Mercedes-Benz’s profit outlook has taken a hit as China’s luxury car market slows. Shares plummet 7.5%.

Afreximbank has given a $12 million credit facility to São Tomé and Príncipe, highlighting commitment to development and investment opportunities.

Microsoft and BlackRock have plans to launch a $30 billion AI infrastructure fund to support the development of data centres and energy projects.

The CBN has reduced the cybersecurity levy to 0.005% for electronic transactions, providing updated compliance details.

Google has won an appeal against $1.66 billion antitrust fine, citing European Commission’s failure to consider all relevant circumstances properly.

Nigeria seeks to boost aviation sector with key reforms, targeting increased local airline capacity and global expansion.