Africa Must Unite to Unlock Energy Potential, Says NCDMB Executive Secretary
Africa’s energy sector could reach new heights if countries across the continent work together, according to Felix…
The Brutal Economics of Orbital AI: Why Space Data Centers Are Still Out of Reach
Elon Musk’s vision of artificial intelligence in space is no longer science fiction. From his frequent nods to Iain…
Sophos Acquires Arco Cyber to Integrate Agentic AI into Cybersecurity Ecosystem
Sophos, a global leader in cybersecurity solutions, has announced the acquisition of UK-based Arco Cyber, a company…
Nigeria Records $21 Billion Capital Inflows in 10 Months as Investor Confidence…
Nigeria’s capital importation surged to $21 billion within the first ten months of 2025, marking a 75% increase…
African Families Struggle as Cost of Living Soars: Only 1 in 10 Nigerians Earn…
Across Africa, families are feeling the squeeze as the cost of living climbs, leaving households financially…
Tony Elumelu Calls for Public-Private Partnerships to Transform African…
Tony Elumelu, Founder and Group Chairman of Heirs Holdings, has called on African governments to strengthen…
NGX Investors Gain N4.14tn in Three Days as Market Hits N114tn Record
Investors on the Nigerian Exchange Limited (NGX) pocketed a remarkable N4.14 trillion in just three trading days…
Nigeria’s Capital Importation Soars to $21 Billion in 10 Months of 2025, Signaling…
Nigeria witnessed a significant surge in capital inflows, recording approximately $21 billion in the first 10…
Nigeria’s Crude Oil Output Rises to 1.459 Million BPD in January 2026 Amid Ongoing…
Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its…
Modal Labs Eyes $2.5B Valuation in Latest AI Inference Funding Talks
Modal Labs, the AI inference startup known for optimizing how AI models generate responses, is reportedly in early…
Dangote Refinery Receives 250,000MT of Crude and Feedstocks Amid Import…
Dangote Petroleum Refinery and Petrochemicals has taken delivery of approximately 250,000 metric tonnes of crude…
European Markets Poised for Gains as Investors Eye Key Earnings Reports
European stocks are expected to open higher on Thursday, as investors prepare for a fresh round of corporate…
Shared Gas Infrastructure Key to Africa’s Industrial Growth, Says NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasised that shared gas infrastructure in Africa…
Dangote Refinery Hits Full Capacity of 650,000 bpd, Boosting Nigeria’s Energy…
The Dangote Petroleum Refinery has officially reached its full nameplate capacity of 650,000 barrels per day (bpd),…
Technology Key to Implementing New Tax Laws, Says Adedeji
The Executive Chairman of the Nigerian Revenue Service (NRS), Zacch Adedeji, has declared that…
Africa takes first step in handling credit rating biase – AFCRA
As the continent continues its march towards economic integration and resilience, the establishment of Africa…
Nigerian Stock Market Surpasses N111 Trillion on Dangote Cement Demand
The Nigerian Exchange Limited (NGX) reached a new milestone yesterday, with market capitalization crossing the N111…
Somalia and Türkiye Strengthen Digital Ties with New Electronic Communications MoU
Somalia’s National Communications Authority (NCA) and Türkiye’s Information Technologies and Communications…
ZeroDrift Launches AI Compliance Platform to Streamline Financial Communications
In a major move for regulated industries, ZeroDrift has officially launched its AI-driven compliance platform,…
Nigeria to Launch Cybersecurity Framework to Combat Rising AI-Driven Attacks
The Federal Government of Nigeria has announced plans to implement a comprehensive cybersecurity framework this…
NUPRC Launches 2025 Oil Licensing Round to Attract Global Investors
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on global investors to seize opportunities…
Nigeria Revenue Service Sets Ambitious N40.7 Trillion Target After N28.3 Trillion…
The Nigeria Revenue Service (NRS) has announced a record-breaking revenue collection of N28.3 trillion in 2025,…
NEC Calls for Unity and Delivery-Focused Reforms in Nigeria’s $1 Trillion Economy…
Nigeria’s drive to become a $1 trillion economy took center stage yesterday as the National Economic Council (NEC)…
BUA Foods Appoints Khalifa Rabiu as Chief Officer, Driving Global Procurement and…
BUA Foods Plc has appointed Mr. Isyaku Abdulsamad “Khalifa” Rabiu as Chief Officer, Global Procurement and…
Nigerian Insurers’ Profits Plummet to N108.4bn Amid FX Volatility and Rising…
Nigeria’s insurance sector experienced a sharp downturn in profitability in 2025, as foreign exchange volatility,…
Elon Musk Eyes Moon Factory for AI Ambitions as xAI Faces Co-Founder Departures
Elon Musk is turning his attention skyward—literally. At a recent all-hands meeting with xAI employees, Musk…
Naira Breaks Below N1,350/$ for First Time Since May 2024 Amid Rising Reserves
The Nigerian naira strengthened to N1,349.5 per US dollar on Tuesday, marking the first time it traded below the…
SEC Urges Nigerian Civil Servants to Invest in Capital Market for Wealth and…
Nigeria’s Securities and Exchange Commission (SEC) has called on civil servants to actively engage in the capital…
Crude Oil Nears $70 Amid US-Iran Tensions, Sparking Global Market Volatility
Crude oil prices surged toward $70 per barrel this week, climbing from $67 last week, as escalating tensions…
Dangote Reduces Petrol Price by N25 per Litre to Boost Local Refinery…
Dangote Petroleum Refinery has announced a significant reduction in its petrol prices, slashing the gantry price of…