NCC Orders Registration of All SIM-Enabled Devices in Nigeria
The Nigerian Communications Commission (NCC) has commenced the registration and authentication of all SIM-enabled communications devices in Nigeria, in a…
Dangote Plans 1,000MW Power Plant in Kenya as Energy Push Expands
Dangote Industries is set to deepen its footprint in East Africa with plans for a 1,000-megawatt liquefied natural gas (LNG)…
Dangote Refinery, NMDPRA Clash Over Propane Operations as Court Extends Restraining Order
The dispute between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has taken a fresh…
US Treasury Yields Hold Steady as Investors Await Key Inflation Data
US Treasury yields remained largely steady on Thursday as investors turned their attention to fresh wholesale inflation data expected later…
Global Clean Energy Investment Drops 17% as China Pullback Weighs on Market
Global clean energy investment fell 17% in the first half of 2026, with a sharp pullback in China emerging as…
Nigeria Spends N3.3 Trillion on Food Imports as Food Security Concerns Deepen
Nigeria spent N3.30 trillion on food and beverage imports in the first half of 2026, highlighting the country’s continued dependence…
Reps Probe N432bn Oil Firms Debt to NMDPRA, Demand Accountability
The House of Representatives Public Accounts Committee (PAC) has commenced an investigation into N432.07 billion owed to the Nigerian Midstream…
OPEC+ Keeps Saudi Arabia, Russia Oil Output Unchanged for October
Saudi Arabia, Russia and five other major oil producers have agreed to maintain their September 2026 oil production levels in…
Oil Prices Cross $100 as US-Iran Conflict Deepens, Raising Nigeria’s Revenue Hopes
Global oil prices have surged above $100 per barrel for the first time since late July as intensifying military tensions…
Open AI Appoints AI Safety Researcher Paul Christiano to Foundation Board
Open AI has appointed prominent AI safety researcher Paul Christiano to the board of the Open AI Foundation, bringing one…
Naira Slips to N1,334/$ as Interbank FX Turnover Surges 70% to $94.43 Million
The naira came under renewed pressure at the Nigerian foreign exchange market on Wednesday, September 9, weakening by N11.10 against…
FG Offers N1 Trillion Bonds in September Auction as Minimum Subscription Hits N50 Million
The Federal Government is set to raise N1 trillion from the domestic debt market through its September 2026 bond auction,…
NGX Loses N1.67 Trillion as Sell-Off Deepens Ahead of Dangote Refinery IPO
Nigeria’s equities market extended its losing streak on Wednesday as renewed selling pressure across major sectors wiped N1.67 trillion from…
Bank of Ghana Flags 20 Unlicensed Loan Apps, Warns Public Against Operators
The Bank of Ghana (BoG) has flagged 20 mobile loan applications operating without the required licence or authorisation to provide…
Crude Oil Hits $100: Nigerian Marketers Warn of Fresh Petrol Price Hike
International crude oil prices have crossed the $100-per-barrel mark, raising fresh concerns that Nigerian motorists and businesses could soon face…
Nigeria Dominates African Startup Funding as Top 10 Deals Raise $428 Million in August
Nigeria emerged as the clear leader in African startup funding in August 2026, attracting $364.1 million, or 83.7% of the…
Nigeria Emerges as Global Leader in AI Adoption as 91% Use AI Weekly
Nigeria is emerging as one of the world’s strongest markets for artificial intelligence (AI), with 91 per cent of Nigerians…
Africa Loses $74.5bn to High-Risk Perception as Borrowing Costs Soar
Africa is losing an estimated $74.5 billion in additional debt-service costs because of exaggerated risk perceptions and what the African…
MFB Credit Filings Surge 38.4% to 22,977 as Small-Business Lending Expands
Microfinance banks (MFBs) recorded a sharp rise in credit activity in the first quarter of 2026, with financing-statement filings climbing…
Stock Futures Slip as Brent Crude Surges Past $100 Amid U.S.-Iran Tensions
Stock futures edged lower early Wednesday as investors returned to a cautious mood following a broad sell-off in the previous…
NGX Crosses N160tr as Oil Stocks Power Market Recovery
Nigeria’s equities market regained the N160 trillion market capitalisation mark on Monday as strong buying in oil and gas stocks…
WhatsApp Spotlights Nigerian Small Businesses, Showcases How AI Is Powering Growth
WhatsApp is shining a spotlight on Nigerian small business owners with a new three-week campaign highlighting how entrepreneurs are using…
FTSE Frontier 50 Index Names Six Nigerian Companies as Nigeria Returns to Frontier Market Status
The FTSE Frontier 50 Index has listed six Nigerian companies as Nigeria prepares to officially return to the global frontier…
FG Plans Vienna-Listed Bond to Attract Foreign Investment Into Nigeria
The Federal Government is preparing to issue a Vienna-listed bond as part of efforts to attract more foreign capital into…
Dangote Refinery Valued at N82.6 Trillion Ahead of N2.15 Trillion IPO
Dangote Petroleum Refinery and Petrochemicals FZE could be worth significantly more than its proposed listing valuation, with two Nigerian investment…
NNPC Disowns Fuel Truck Found With 2,145kg Cannabis in Ondo
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has distanced itself from a fuel truck intercepted in Ondo State after…
AfDB Unveils $5.1bn Plan to Cushion Africa From Energy, Fertiliser Crisis
The African Development Bank Group (AfDB) has approved a $5.1 billion response plan aimed at helping Nigeria and other African…
Hackers Steal Claude Tokens From Subscribers as Anthropic Warns Users
Hackers are reportedly targeting Claude subscribers, secretly using compromised account sessions to consume users’ AI token allowances without their knowledge.…
CBN: Economic Gains Will Soon Reach Nigerian Households, Businesses
Nigeria’s improving economic indicators may soon begin to translate into better conditions for households and businesses, the Central Bank of…
Nigeria Opens N1,000 Savings Bonds as DMO Offers 14.12% and 15.12% Interest Rates
The Nigerian government has opened two new savings bonds to investors, giving individuals an opportunity to invest in federal government…