Hyundai and Kia Project 2% Sales Growth in 2024 Despite 2023 Challenges
South Korean automakers Hyundai Motor and Kia Corp anticipate a modest 2% increase in their combined global sales…
Global Funds Accelerate China Equity Sell-Off in December, Marking Worst Month of…
Global long-only funds rapidly divested from China equities in December 2023, recording the highest monthly…
Global Shipping Giants Redirect Routes Amid Rising Red Sea Tensions
In a recent turn of events, major shipping companies, including Denmark's Maersk and Germany's Hapag-Lloyd, are…
Navigating 2024: Investors Brace for Economic Shifts”
As we step into 2024, global investors are anticipating a significant shift in the economic landscape, marked by…
Global Markets Extend Slide as Rate Cut Hopes Diminish
Global stock markets faced a continued decline at the start of 2024, with investor optimism regarding early U.S.…
China’s Major Banks Heighten Scrutiny and Restrict Interbank Lending Amid…
In response to the deepening property debt crisis in China, major banks in the country are intensifying their…
Russian Bailiffs Remove Debts of Tech Giants Google, Meta, and TikTok – Resolving…
In a recent development, Alphabet's Google, Meta, and TikTok have seemingly resolved legal issues in Russia as…
Futures Dip as Investors Anticipate Fed Minutes, Tesla’s China-made EV Sales…
U.S. stock futures are trending lower as investors react to the Federal Reserve's upcoming release of minutes…
Manufacturers Lament over FGN’s 7BN Debt
The Manufacturers Association of Nigeria (MAN) predicted a tough start for manufacturers in 2024, especially in…
Nigerians Express Disappointment on Transportation Cost Despite FGN’s…
Despite the Federal Government's initiative to provide a 50% fare rebate from December 21 to January 4, 2024,…
NNPC and Marketers Clash Over Petrol Subsidy, PMA Proposes N1,200/Litre
Tensions have risen between the Nigerian National Petroleum Company Limited (NNPC) and fuel marketers, represented…
Nigeria’s External Reserve Declines by $77m- CBN
In December 2023, Africa's largest economy, Nigeria, witnessed a decline in its external reserves, dropping by…
Nigeria Borrows $1.71 Billion: Impact on Exchange Rates
In the first nine months of 2023, Nigeria secured $1.71 billion in foreign loans to enhance the country's foreign…
NAFDAC Reduces Licencing Fees to N44, 200
The National Agency for Food and Drug Administration and Control (NAFDAC) has announced a significant reduction in…
Changes in U.S. Electric Vehicle (EV) Tax Credits Impact Multiple Models
The landscape of electric vehicle (EV) tax credits in the United States underwent a significant shift as new…
Euro Zone Likely Entered Recession in 2023 as Factory Activity Contracts
Euro zone factories concluded 2023 with a contraction in activity for the 18th consecutive month, signaling a…
SON Intensifies Fight Against Substandard Goods: A Commitment to Quality
The Standards Organisation of Nigeria (SON) is ramping up efforts in the battle against fake and substandard goods…
Pledge to Boost Agriculture and Trade for Economic Growth- Ekiti State’s…
In a New Year statewide broadcast, Ekiti State Governor, Mr. Biodun Oyebanji, affirmed his administration's…
Niger State Governor Seals TGI’s Partnership Over Food Security
In a significant move to bolster food security and stimulate economic growth, Governor Mohammed Umaru Bago of…
Assessing Nigeria’s Economic Performance in 2023: A Year of Challenges and…
The Nigerian economy faced a challenging year in 2023, marked by a notable decline compared to the previous year.…
Bitcoin Surges Above $45,000 in New Year Rally
Bitcoin made a strong start to the New Year by surpassing $45,000 on Tuesday, marking its highest point since…
BYD Produced 3 Million New Energy Vehicles in 2023, Challenging Tesla’s…
Chinese electric car giant BYD announced on Monday that it produced over 3 million new energy vehicles in 2023,…
Tensions in Red Sea Elevate Oil Prices in Iran
Oil prices surged on Tuesday as Iran deployed a warship to the Red Sea amidst ongoing tensions in this crucial…
Global Regulatory Landscape for Cryptocurrencies in 2023
In 2023, regulators worldwide, including those in Europe and Asia, intensified their efforts to establish formal…
“Tough Time Never Last”- Tinubu Addresses Nigeria’s…
During the New Year address delivered by the president, Bola Ahmed Tinubu, he identified six socio-economic…
Dangote Refinery Recieves Fourth Supply of Crude Oil
To enhance the commencement of Dangote Petroleum Refinery and petrochemicals, NNPC supplied one million barrels of…
Climate Tech: A Beacon of Job Opportunities in 2024
The year 2023 witnessed a wave of layoffs across the tech sector, leaving over 240,000 professionals jobless.…
President Tinubu Signs N28.78 Trillion Budget: Charting Priorities for 2024
On January 1, 2024, President Bola Tinubu signed the N28.78 trillion budget for the year, marking a pivotal…
Nigerian Stock Market Projections for 2024: A Gradual Yet Promising Rally
The Nigerian stock market, which experienced a remarkable 45.90% return in 2023, is poised for continued growth…
Bitcoin Starts 2024 on a High, Surging Past $45,000 Amid ETF Optimism
Bitcoin, the world's largest cryptocurrency, has begun the year 2024 with a remarkable surge, surpassing $45,000…