Severe cost-cutting measures loom as Volkswagen faces “extremely tense” situation, with job security program ending and factory closures considered.

SEC’s electronic filing system, streamlined processes, and regulatory frameworks aim to increase liquidity, boost investor confidence, and drive economic growth.

Atiku has urged NNPC to list on the stock exchange, criticising the recent handover of refineries as lacking transparency.

Despite recently declaring a N3.3 trillion profit, NNPC admits mounting debt is threatening its ability to sustain supply of petrol to Nigerians.

CIBN’s Pius Olarenwaju has stated that bank recapitalisation will boost Nigeria’s GDP and strengthen the banking sector.

Mendiratta says the Nigeria-Boeing MOU is “excellent,” highlighting its crucial role in unlocking Africa’s aviation potential and connectivity.

TotalEnergies has awarded Angola’s SLB a contract to supply subsea production systems for Angola’s Kaminho deepwater project, enhancing oil output.

EXCERPT: NNPC has opened tenders for reputable companies to manage the Warri and Kaduna refineries, aiming to bolster Nigeria’s energy security.

Adamu has warned market associations against restrictive practices, urging market management to act or face legal consequences.

Aradel Holdings has acquired Olo and Olo West Marginal Fields from TotalEnergies and NNPC for $16M Plus $3.5M in deferred payments.

On Heirs Holdings’ 14th anniversary, Elumelu urged African leaders to optimise natural resources to address Africa’s severe energy insufficiency.

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.