Nvidia to Resume Sales of ‘H20’ AI Chips to China
Nvidia announced on July 14, 2025, its plans to resume sales of its H20 artificial intelligence chips to China, reversing a months-long halt imposed by U.S. export restrictions. The decision
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Dangote to Build Seaport in Next Phase of Business Expansion — Report
Aliko Dangote, Africa’s richest man and head of the Dangote Group, has unveiled plans to construct a new seaport as part of the next phase of his business empire’s expansion,
Markets Mixed as Traders Cautiously Eye Trade Developments
Global financial markets opened mixed on July 11, 2025, as traders adopted a cautious stance amid escalating trade tensions, particularly following U.S. President Donald Trump’s dispatch of over 20 letters
Dangote Refinery Slashes Ex-Depot Petrol Price to ₦820 Per Litre
The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of petrol from ₦840 to ₦820 per litre, effective from Wednesday, July 9, 2025, offering a reprieve to
Governor Mbah Unveils Enugu Air, Enugu State’s Pioneering State-Owned Airline
Governor Peter Mbah officially launched Enugu Air, the first state-owned airline in Enugu State, on July 7, 2025, at a ceremonial event at Akanu Ibiam International Airport attended by 3,500
Tinubu Orders Reactivation of Dormant Oil Fields to Boost Nigeria’s Production
President Bola Tinubu, on July 1, 2025, directed the Nigerian National Petroleum Company Limited (NNPCL) to reactivate 50 dormant oil fields to boost Nigeria’s crude oil production to 2.5 million
Federal Government Targets 5 Million LPG Cylinders by 2030 to Boost Clean Energy
The Federal Government of Nigeria, on July 1, 2025, announced an ambitious plan to distribute 5 million Liquefied Petroleum Gas (LPG) cylinders to households by 2030, aiming to transition 30%
Shell Bolsters Investment in Nigeria’s Bonga Deepwater Field with Increased Stake
Shell Nigeria Exploration and Production Company Limited announced on June 30, 2025, plans to increase its stake in the Bonga Deepwater Field, Nigeria’s first deepwater project, to enhance its 55%
ECB Warns of Rising Inflation Volatility Amid Eurozone Economic Pressures
The European Central Bank (ECB), on June 30, 2025, warned that inflation in the Eurozone is set to become “more volatile” due to energy price fluctuations and supply chain disruptions.
GM Recalls Over 62,000 U.S. Vehicles Due to Battery Fire Risk
General Motors announced a recall of 62,000 vehicles in the United States on June 25 due to a fire risk in the battery systems of its 2023-2025 Cadillac Lyriq and
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