Nissan raises EV sales target, catches up with Tesla
Japanese auto manufacturer, Nissan, has on Monday, raised its electric vehicles sales target. According to Reuters, Nissan said it will enhance powertrain…
Business
Nokia rebrands first time in 60 years
Nokia announced plans on Sunday to rebrand, change its logo for the first time in close to 60 years as it drives…
Nigeria’s crude oil production declines by 13%
The Nigerian Bureau of Statistics has said crude oil production, which represents about two-thirds of government revenue and 90 per cent of its…
Nigerian banks close early on crucial elections eve
Nigerian banks have communicated to their customers that they will close physical operations earlier on Friday in preparation for the 2023 presidential…
Chemical giant BSAF to fire 2,600 workers
A chemical giant, BASF has announced its plans to cut 2,600 jobs which account for about 2% of its global workforce owing…
Salad shortage may last another month, says UK govt
The United Kingdom’s government has said that there may be a continued shortage of salad staples, including tomatoes, cucumbers and peppers, for…
Pharmaceutical dealers challenge Kano govt over forceful relocation
The Kano State chapter of the Nigerian Association of Patent Proprietary Pharmaceutical Dealers announced on Thursday that it was challenging the forceful…
Elections: No plans to shut down bank transactions, CBN insists
The Central Bank of Nigeria has debunked rumours spreading that it plans to shut down bank transactions from February 23 to February…
Naira scarcity: Over N500bn old notes still in circulation, says EFCC
The Chairman of the Economic and Financial Crimes Commission, Mr. AbudulRasheed Bawa, on Wednesday said that over N500 billion of the old…
Mainstream Energy named winner of 700MW Zungeru plant concession
The Federal Government, on Wednesday, announced the winner of the biddings for the concession of the 700 megawatts Zungeru Hydroelectric Power Plant,…
Nigeria’s GDP growth rate records 3.10% decline – NBS
The Nigerian annual Gross Domestic Product recorded a 3.1 percent growth in 2022, this represents a 0.3 percentage point decline from the…
Again, Supreme Court adjourns old naira suit
CoThe Supreme Court has on Wednesday adjourned the case instituted by some state governments against the federal government on the naira redesign…