Oando Plc, a leading Nigerian energy company, confirmed on May 13, 2025, that it has completed repairs on pipelines at its Ogboinbiri flow station in Bayelsa State following four oil
Infinix, a leading Chinese smartphone brand, launched its first AI-powered wireless earbuds, the Infinix AI Buds, on Indiegogo on May 12, 2025, introducing real-time translation capabilities to revolutionize audio accessories.
Brazil’s state-owned oil giant, Petrobras, is considering a return to Nigeria’s oil and gas sector, with plans to resume upstream operations after exiting in 2018, according to a May 13,
The United States recorded a significant decline in consumer inflation, with the Consumer Price Index (CPI) dropping to 2.9% year-over-year in April 2025, the lowest since March 2021, according to
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched an ambitious strategy to bolster micro, small, and medium enterprises (MSMEs) by creating 500,000 jobs and increasing their
The European Investment Bank (EIB), the EU’s lending arm for research and development, is preparing to commence operations in Nigeria by July 2025, aiming to foster innovation and economic growth
Lagos State, Nigeria’s commercial hub, recorded a 45% increase in internally generated revenue (IGR), reaching ₦1.3 trillion in 2024, up from ₦900 billion in 2023. The milestone, announced on May
French automaker Renault is projecting a €2.2 billion financial hit in 2025, driven by its 43% stake in Nissan, which announced a $4.5 billion loss and a sweeping restructuring plan
Japanese automaker Nissan has reported a staggering $4.5 billion net loss for the fiscal year ending March 31, 2025, prompting a drastic restructuring plan that includes cutting 20,000 jobs globally,
The Nigerian government has announced the complete repayment of a $3.4 billion loan from the International Monetary Fund (IMF), secured in 2020 to mitigate the economic fallout of the COVID-19
