Afreximbank Leads $4 Billion Funding Boost for Dangote Refinery
The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term…
German Firms Target Nigeria’s €222bn Food Market to Boost Agri-Tech Investment
German companies are ramping up their interest in Nigeria’s burgeoning food sector, projected to reach €222 billion…
President Tinubu Seeks Senate Approval to Raise 2026 Budget by N9 Trillion
President Bola Tinubu has officially requested the Senate’s approval to raise Nigeria’s 2026 Appropriation Bill by…
Africa Loses $88 Billion Annually to Illicit Financial Flows – Edun Highlights…
Africa loses an estimated $88 billion each year to illicit financial flows (IFFs), Finance Minister and…
NNPC to Boost Crude Supply to Dangote Refinery from May Amid Rising Fuel Prices
The Nigerian National Petroleum Company Limited (NNPC) will increase crude oil allocations to the Dangote Refinery…
FG Plans to Bridge N9tn Budget Gap with Oil Windfall and $6bn Loans
The Federal Government has requested the National Assembly’s approval for a N9.09tn increase to the 2026 budget,…
Salesforce Transforms Slack with AI Makeover: 30 New Features and Smarter Slackbot
Salesforce is taking its commitment to artificial intelligence to the next level, announcing a major AI-focused…
Industry Leaders Raise Concerns Over 6G Readiness as Timelines Accelerate
The telecommunications sector is facing mounting anxiety as the race to 6G accelerates. According to the 2026 DSP…
High Capital Requirements Undermine Ghana’s Investment Competitiveness – GIPC
Ghana’s investment landscape faces a major hurdle due to high capital requirements, making the country less…
NNPC Increases Crude Supply to Dangote Refinery to Seven Cargoes Amid Rising Fuel…
The Nigerian National Petroleum Company Limited (NNPC) has announced an increase in crude oil allocations to the…
Naira Weakens to N1,387/$ as Nigeria’s Foreign Reserves Fall to $49.29 Billion
The Nigerian naira weakened slightly to N1,387 per dollar on Tuesday, up from N1,386.75/$ recorded in the previous…
OpenAI Raises $122B in Record Funding Round, Attracts $3B from Retail Investors…
OpenAI has closed a record-breaking $122 billion funding round at a staggering $852 billion valuation, marking the…
Oil Prices Hover Around $100 Amid Trump Iran Exit Comments and Middle East…
Crude oil prices swung wildly around the $100 mark on Wednesday as investors reacted to U.S. President Donald…
Nigerian Crude Soars in March as Bonny Light Commands Premium Amid Geopolitical…
Nigerian crude oil marked its strongest monthly performance in March, climbing nearly 58% and approaching $120 per…
DMO Hikes FGN Bond Yields, Slashes Allotment to N485.50 Billion Amid Strong…
The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government of Nigeria (FGN)…
NGX Records Historic N30trn Q1 Gain as Nigerian Stocks Surge to Record Highs
Nigeria’s stock market has delivered a historic performance in the first quarter of 2026, with investors recording…
Nigeria’s Gas Wealth Attracts Europe Amid Supply Crisis, But Infrastructure Gaps…
European energy markets are under pressure as supply disruptions from Qatar force countries like Belgium, Italy,…
Investors Gain N29 Trillion in Q1 2026 as Nigerian Stock Market Surges
Investors on the Nigerian Exchange Limited (NGX) enjoyed a remarkable start to 2026, recording unprecedented gains…
Nigerian Stock Market Dips by N275 Billion as Investors Take Profits
The Nigerian stock market opened the new week on a negative note, with profit-taking activities in Lafarge Africa…
Senegal Secures $537M Bond at 6.4%, Outpacing Nigeria’s Borrowing Costs
Senegal has successfully raised 304.15 billion CFA francs ($537.6 million) in its first public bond sale of 2026,…
9.2 Million Nigerians Benefit from FG’s N688bn HoPE Cash Transfer Programme
No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and…
Wale Edun Urges Mobilisation of Domestic Capital to Boost Nigeria’s Growth and…
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgent need to…
Nigeria’s Oil Sector in Crisis: Urgent Reforms Needed Before Wells Run Dry
For decades, Nigeria’s oil sector has been the backbone of the nation’s economy, funding government budgets and…
Middle East Conflict Could Slash Africa’s Economic Growth by 1.5% – AfDB Warns
The African Development Bank (AfDB) has cautioned that the ongoing conflict in the Middle East could significantly…
Nigeria Targets 12 BCF Daily Gas Output Amid Energy Expansion Push
Nigeria is ramping up its natural gas production as part of an ambitious strategy to position the resource at the…
Nigeria’s Solar Panel Imports Surge Amid Persistent Power Outages
Nigeria’s imports of solar panels from Asia have surged, with the fourth quarter alone recording a total of N100.83…
Nigeria Can Boost Oil Production by 100,000 bpd in Months – NNPC CEO
Nigeria has the potential to increase its oil production by about 100,000 barrels per day in the next few months,…
Nigeria’s Creative Economy Could Surpass $13 Billion, NITDA Boss Projects
The National Information Technology Development Agency (NITDA) has highlighted the immense growth potential of…
Bluesky’s AI Assistant Attie Becomes Second Most Blocked Account Amid User…
Bluesky’s latest AI tool, Attie, is facing intense backlash just days after its launch. The AI assistant, designed…
Glemad Launches AI System to Combat Cyber Threats in Real Time
Glemad, a leading AI security research and products company, has introduced a groundbreaking artificial…