Nigeria’s economy is experiencing a robust growth trajectory in 2025, with projections indicating a real GDP increase to 3.5% from 3.3% in 2024, according to a World Bank report released
In a move set to alleviate financial pressures for millions of Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of petrol to ₦825 per litre, effective May 12, 2025,
Nissan Motor Co. has unveiled plans to cut an additional 10,000 jobs worldwide, announced on May 8, 2025, as part of a drastic restructuring effort to address declining sales and
Saudi Aramco, the world’s largest oil producer, reported a 4.6% decline in net profit for the first quarter of 2025, posting earnings of $27.3 billion compared to $28.6 billion in
The Federal Airports Authority of Nigeria (FAAN) commissioned a new domestic cargo processing facility at the General Aviation Terminal (GAT) of Murtala Muhammed Airport in Lagos, marking a significant step
In the first quarter of 2025, Nigeria reportedly recorded 119,000 data breaches, exposing vulnerabilities in its rapidly growing digital economy, according to a cybersecurity report. The breaches, affecting sectors like
Aliko Dangote, president of Dangote Industries Limited, clarified that his 650,000-barrels-per-day refinery in Lekki, Lagos, operates in partnership with the Nigerian National Petroleum Company Limited (NNPCL), not in competition. Speaking
Nintendo announced an optimistic sales forecast for its upcoming Switch 2 console, projecting approximately 13-15 million units sold in the 2025-26 fiscal year (April 2025 to March 2026). The projection,
Emirates Airline Group announced a gross profit of $6.2 billion for the 2024-25 financial year (April 2024 to March 2025), marking a 15% increase from the previous year’s $5.4 billion.
Volvo Cars announced an 11% year-on-year sales decline for April, with global deliveries totaling 58,881 vehicles compared to 65,838 in April 2024. The drop, attributed to weakened demand for fully
