BOI Signs $170 Million iDICE Fund Deal to Accelerate Nigeria’s Tech and Creative Economy
Nigeria’s drive to strengthen its technology and creative industries has received a major boost as…
India Halts WhatsApp Username Rollout Amid Rising Cyber Fraud Concerns
India has asked Meta to suspend the planned rollout of WhatsApp’s new username feature, raising…
Apple Expands iPhone Lineup With Foldable Devices as Global Chip Shortage Reshapes Smartphone Market
Apple is reportedly preparing one of its most ambitious product expansions in years, with plans…
Firm deploys AI, WhatsApp to boost learning in varsities
Nigeria’s education technology sector has received a significant boost with the launch of Gemnex, a…
AI partnership to help firms automate compliance
Dun & Bradstreet has entered a strategic partnership with artificial intelligence company Anthropic to enhance…
Arahas Global Appoints Folake Soetan to Drive Oilfield Services Transformation Across Africa
Arahas Global Oilfield Services has appointed renowned energy executive Folake Soetan as its new Managing…
NNPC Revenue Drops by N636bn Despite Stable Oil Production as Profit Declines in May
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), recorded a significant decline…
7 NGX-Listed Companies Set to Pay Dividends in July 2026 as Investors Eye Strong Returns
Despite recent volatility on the Nigerian Exchange (NGX), investors have something positive to look forward…
Naira Falls 1.1% in June Despite Strong FX Liquidity as Market Confidence Grows
Nigeria’s currency market showed signs of growing resilience in June 2026 as the naira recorded…
Nigerian Stock Market Loses N2.39tn as Investors Dump Major Stocks in July Opening Trade
The Nigerian stock market began the month of July on a weak footing, wiping out…
Tinubu Backs Digital Trade Revolution to Unlock Africa’s $3.4 Trillion Market
President Bola Tinubu has reaffirmed Nigeria’s commitment to driving Africa’s digital trade revolution, saying his…
U.S. Stock Futures Remain Volatile Ahead of Key Jobs Report as Investors Assess Market Outlook
U.S. stock futures traded cautiously on Thursday as investors awaited the release of a crucial…
NGX unveils 2025 midyear index assessment results
The Nigerian Exchange Limited (NGX) has announced the results of its highly anticipated 2025 Midyear…
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Violations
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks…
Afreximbank Invests 80% of Resources in Africa to Drive Infrastructure and Economic Growth
The African Export-Import Bank (Afreximbank) has revealed that about 80 per cent of its balance…
CBN Caps Suspension of Payment Obligations for Troubled Banks at Two Business Days
The Central Bank of Nigeria (CBN) has introduced a major regulatory update that limits the…
IMF Flags Missing Public Spending in Nigeria’s Budget, Says 2% of GDP Went Unreported
The International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal reporting, revealing that public…
NGX Opens July with N2.39 Trillion Loss as Profit-Taking Hits Dangote Cement, Zenith Bank, Aradel
The Nigerian Exchange (NGX) began the month of July with a significant setback as investors…
Nigeria’s Consumer Credit Drops to N3.03 Trillion as Retail Loans Crash 42%
Nigeria’s consumer credit market suffered a major setback in February 2026, with total outstanding consumer…
Nigeria Leads Africa in IMD Economic Performance Ranking Despite Competitiveness Challenges
Nigeria has been ranked as the highest-performing economy in Africa on the economic performance pillar…
NGX Rebounds as Airtel Africa Drives N652.8bn Market Gain Amid Persistent Selling Pressure
Nigeria’s stock market ended June on a positive note as renewed investor interest in Airtel…
US Stock Futures Slip as Investors Pause After Dow’s Strongest First Half in Five Years
Wall Street looked set for a cautious start to July as U.S. stock futures slipped…
World Bank Approves $1.25bn Nigeria Loan Amid Growing Debt Concerns and Economic Reform Push
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria…
Nigeria’s $1.5bn Abu Dhabi Drawdown to Cut Borrowing Costs, Says Oyedele
Nigeria’s decision to access only $1.5 billion from its $5 billion financing arrangement with First…
Cash Outside Banks Hits One-Year High of N5.19 Trillion, Accounts for 91.3% of Nigeria’s Currency in Circulation
Nigeria’s reliance on cash remains remarkably strong, as new data from the Central Bank of…
Dangote Targets 2.1 Million BPD Refining Capacity as Congo Energy Partnership Talks Gather Momentum
Africa’s industrialisation drive received a major boost as the Dangote Group unveiled plans to increase…
Elon Musk Reclaims Trillionaire Status as SpaceX and Tesla Shares Soar
Elon Musk has once again crossed the trillion-dollar wealth mark after a strong rally in…
Naira Ends June at N1,376/$ as Forex Market Weathers Volatility and Maintains Stability
The Nigerian naira closed June 2026 at N1,376 against the United States dollar in the…
Dangote Refinery Turns to UAE Crude as Nigeria’s Supply Crisis Deepens
Nigeria’s ongoing crude oil supply challenges have come under fresh scrutiny following Dangote Petroleum Refinery’s…
Trump Administration Lifts Export Restrictions on Anthropic’s Mythos and Fable AI Models
Anthropic is set to restore global access to its highly advanced Mythos and Fable artificial…