Volkswagen Reports €1 Billion Loss Amid Tariff Crisis
German automaker Volkswagen reports staggering €1 billion quarterly loss amid EU-China tariff tensions and Porsche challenges. Discover how this impacts global automotive markets.
Category : Search result: business economy
Trump Celebrates Fentanyl Crisis Breakthrough After Xi Talks
Former US President Donald Trump celebrates successful negotiations with China's Xi Jinping to combat deadly fentanyl trafficking. Exclusive details on the international drug enforcement breakthrough.
Nigeria Slumps to 18th in Africa Investment Ranking
Nigeria has dropped to 18th place in the latest 'Where to Invest in Africa' report, raising concerns about the country's investment climate and economic competitiveness.
Poland's $1.1B Africa Investment Drive Launched
Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
NZ Farmers Sell Dairy Division to French Giant Lactalis
In a groundbreaking move that's stirring controversy, New Zealand's largest dairy cooperative approves sale to French giant Lactalis, leaving farmers divided and experts calling it economic madness.
Nigeria Launches First AI Chatbot for Informal Economy
Groundbreaking AI technology arrives in Nigeria's informal sector, providing digital assistance to millions of small business owners and traders across the nation.
IDL Warns Distributors Against Price-Cutting
International Distributions Limited cautions distributors against unauthorized price reductions, emphasizing commitment to fair pricing and rewarding compliance in Nigerian market.
Nigerian Tech Firm Rebrands to Seequre in Major Evolution
Leading Nigerian technology company announces strategic rebranding to Seequre, signaling new era of digital innovation and expanded service offerings across West Africa.
UBA Empowers SMEs with Digital Marketing Revolution
United Bank for Africa launches groundbreaking digital marketing initiative to empower Nigerian SMEs with cutting-edge tools and expert training for business expansion.
₦15B SME Fund Opens - GIBC & Trade Lenda Launch 2025 Conference
Nigerian SMEs receive massive boost as Gateway International Business Conference partners with Trade Lenda to unveil ₦15 billion growth fund and 2025 impact conference targeting business transformation.
John Malone Steps Down From Media Empire Leadership
American billionaire media mogul John Malone announces strategic leadership transition, stepping aside for new generation to steer his vast business empire forward.
Dangote's $1B Zimbabwe Industrial Complex Deal
Aliko Dangote announces groundbreaking $1 billion investment in Zimbabwe, featuring industrial complex and refinery expansion to transform Southern Africa's economic landscape.
BASF Profit Dips 37%, Demands EU Cut Red Tape
German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.
Mercedes Profit Plunge: Nexperia Chips Assured
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Ethiopian Airlines Adds Second Daily Abuja-Addis Flight
Ethiopian Airlines expands its Abuja operations with a second daily flight to Addis Ababa, enhancing connectivity for Nigerian travelers to over 130 international destinations across five continents.
EU & FG Host Manufacturing Investment Forum in Nigeria
European Union partners with Federal Government to launch transformative investment forum targeting Nigeria's manufacturing sector, renewable energy, and emerging technologies.
Access Holdings Buys National Bank of Kenya for ₦179B
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
Lagos Wig Shop Robbed: Millions in Luxury Hair Stolen
Heartbreaking scene as Lagos businesswoman loses luxury wig collection worth millions to overnight thieves. Her thriving hair shop completely emptied.
Mercedes-Benz Profit Dives 30% Amid China Slump
German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.
Nestoil Clarifies Receivership Situation with Lenders
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
Nigeria's $1 Trillion Economy Target Achievable - Bagudu
Nigeria's Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has expressed strong confidence that the country can achieve its ambitious $1 trillion economy target by 2030 through strategic reforms and economic diversification.
N7.6 Trillion Lost to Trade Corridor Extortion Yearly
Shocking investigation reveals sophisticated extortion networks draining Nigeria's economy through ports and trade routes, with devastating impact on businesses and consumers.
Lagos Blue Economy Strategy: Unlock Nigeria's Maritime Wealth
Experts reveal how adopting Lagos State's comprehensive blue economy framework could unlock Nigeria's massive maritime potential and transform coastal communities.
Airtel Africa Profit Soars to $376M on Data Surge
Airtel Africa reports impressive 11% subscriber growth and $376 million profit, driven by massive data consumption increases across its African markets.
Sanusi: Delayed Subsidy Removal Caused Economic Crisis
Former CBN Governor Lamido Sanusi exposes how postponed fuel subsidy elimination triggered Nigeria's current economic hardship during Kaduna book launch.
ESG Compliance: New Funding Path for Nigerian MSMEs
Discover how Nigerian small businesses are leveraging Environmental, Social, and Governance standards to access better funding opportunities and gain competitive advantage.
NB Hits ₦1.04 Trillion Revenue in 9 Months
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
Court Freezes Nestoil Assets in $1B Debt Case
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.
Nigeria Aims for $1 Trillion Economy by 2030
Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.
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