BREAKING: Nigeria’s inflation eases to 15.91% in June despite rising food prices
Nigeria’s headline inflation rate edged lower to 15.91% in June 2026, compared to 15.93% recorded…
FTSE Russell Delays Nigeria Frontier Market Reclassification Amid T+1 Settlement Concerns
Nigeria’s hopes of reclaiming its position in the global Frontier Market Index have hit a…
CBN Signals High Interest Rates May Persist as Reform Gains Boost Investor Confidence
The Central Bank of Nigeria (CBN) has indicated that high interest rates could remain in…
Nigeria, Hong Kong Sign Double Taxation Agreement to Boost Trade and Investment
Nigeria and the Hong Kong Special Administrative Region of the People’s Republic of China have…
China Oil Inventories Emerge as Key Force Behind the Next Global Oil Rally
China’s massive oil stockpiles are rapidly becoming one of the most influential factors in the…
Global Smartphone Shipments Drop as AI Hijacks Chip Supply
Imagine walking into a store to replace your aging phone, only to find the price…
GPT-5.6 Sol File Deletion Reports Raise Concerns Over OpenAI’s Most Powerful Coding Model
OpenAI’s newly released GPT-5.6 Sol model is facing growing scrutiny after several developers and technology…
Stock Futures Rise as Cooling Inflation Boosts Fed Rate Cut Hopes
Wall Street appeared set for another positive session on Wednesday as stock futures edged higher…
Top Shariah-Compliant Mutual Funds in Nigeria Spark 74% Asset Surge in H1 2026
Ethical investing is no longer just a niche moral choice in Nigeria—it is officially a…
Nigerian Stock Market Rebounds as Market Capitalisation Surges by N719bn
After two consecutive days of losses, the Nigerian stock market staged a strong comeback on…
Federal Govt Inaugurates Joint Decarbonisation Group For Oil, Gas Sector
Nigeria has taken a major step toward balancing economic growth with climate responsibility following the…
US June Inflation Cools to 3.5% as Energy Dropped, But Middle East War Threatens Relief
American consumers caught a rare break last month as US June inflation cooled faster than…
FG Grants Shell $11.5 Per Barrel Tax Credit to Unlock $20 Billion Bonga Deepwater Investment
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest…
US stocks climb as inflation eases, banks impress
Wall Street caught a breath of fresh air on Tuesday morning as cooling inflation data…
NGX Loses N1.32 Trillion as Profit-Taking Triggers Broad Market Sell-Off
The Nigerian Exchange (NGX) started the week on a bearish note as investors wiped off…
NNPC and African Oil Giants Unite to Launch $5B Bank and End Fuel Imports
Africa is officially tired of exporting its wealth and buying it back at a premium.…
NGX Rebounds by N719 Billion as FirstHoldCo and MTN Nigeria Lead Market Recovery
The Nigerian Exchange (NGX) staged a strong comeback on Tuesday, adding N719 billion to its…
Dangote’s Dollar Fuel Pricing Sparks Fresh Pressure on Naira and Pump Prices
Nigeria’s downstream petroleum sector is facing fresh uncertainty following Dangote Petroleum Refinery’s decision to price…
Nigeria, Ghana, Côte d’Ivoire, Cameroon form alliance to end raw cocoa exports
For decades, the story of African cocoa has been one of missed opportunity: the continent…
Tinubu Urges Afreximbank to Fast-Track Africa’s Industrialisation and Economic Growth
President Bola Ahmed Tinubu has called on the African Export-Import Bank (Afreximbank) to play a…
OpenAI’s first hardware device is reportedly a screenless speaker that can move
OpenAI is reportedly preparing to enter the consumer hardware market with an ambitious new product…
DMO Opens N1.2 Trillion Bond Auction as Federal Government Seeks Investor Subscriptions
The Debt Management Office (DMO) has announced the opening of subscriptions for a N1.2 trillion…
Nigeria Oil Sector Reforms: IPPG Pushes for Coordinated Action to Boost Global Competitiveness
Nigeria’s oil and gas industry has been urged to embrace a new wave of coordinated…
Meta’s $50 Billion AI Infrastructure Expansion Fuels Global Data Centre Boom
Meta Platforms has unveiled a major expansion of its artificial intelligence infrastructure, committing more than…
South Africa Strategic Oil Reserve Plan Targets 36 Million Barrels to Boost Energy Security
South Africa is set to significantly strengthen its energy security with plans to establish a…
African Union Pushes for Greater Livestock Investment to Unlock Africa’s Pastoral Economy
The African Union has intensified calls for greater investment in Africa’s pastoral livestock sector, describing…
Nigerian Stock Market Loses N1.32 Trillion as Investor Risk Aversion Deepens Sell-Off
The Nigerian stock market suffered a significant setback on Monday as heightened investor caution erased…
Dow Futures Slide as IBM Earnings Miss and Oil Prices Surge Ahead of Key Inflation Report
Wall Street faced fresh pressure on Tuesday morning as Dow futures tumbled more than 250…
AI drives smarter maintenance for global data centres
Artificial intelligence is rapidly transforming how data centre operators manage and maintain critical infrastructure, as…
Dangote Refinery Switches to Dollar Pricing, Ends Naira Payments for Petrol Sales
Dangote Petroleum Refinery has officially ended naira-denominated transactions for the sale of petrol, diesel, and…