Canada Expands Air Transport Agreement with Nigeria, Opens Door to Direct Flights
The Government of Canada has expanded its air transport agreement with Nigeria, paving the way for direct flights between the…
Dangote Refinery Expands Free Fuel Delivery to 14 States, Raising Hopes for Lower Petrol Prices
Dangote Petroleum Refinery has expanded its free petroleum product delivery programme to four more states, bringing the total number of…
NUPRC Gives 31 Oil Block Winners October Deadline to Pay Signature Bonuses
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given 31 companies that emerged winners of 37 oil and gas blocks…
Alibaba Shares Slide After $10.2 Billion Share Sale to Fund AI Expansion
Alibaba shares came under heavy pressure on Monday after the Chinese technology giant announced an $10.2 billion share placement to…
Microsoft Warns Trust Gap Could Hold Back Africa’s AI Growth
Africa could miss out on a major share of the economic opportunities created by artificial intelligence if governments, businesses and…
FG Spends N6.47tn on Infrastructure as Lagos-Calabar Highway Takes Lion’s Share
The Federal Government spent N6.47tn on strategic infrastructure projects between June 2023 and December 2025, with major highway developments taking…
Tinubu Leads Africa’s Push to Turn Mineral Wealth Into Industrial Power
President Bola Tinubu is set to lead a major African push to gain greater control over the continent’s mineral wealth…
CBN Urged to Tighten Oversight of Fintech, Cloud and Digital Risks
The Central Bank of Nigeria has been urged to widen its regulatory oversight beyond banks and financial institutions to include…
Stock Futures Slip as Tech Shares Retreat Amid Rising Treasury Yields
Stock futures opened the week slightly lower on Monday as technology shares came under pressure, adding to concerns among investors…
Analysts Project 11.6% Growth for Nigerian Equities in H2 2026 as Investors Turn Selective
Nigeria’s equities market could record another strong performance in the second half of 2026, with analysts projecting an 11.6 per…
Domestic Investors Push NGX Transactions to Record N10.68trn in Seven Months
Domestic investors are driving a major surge in activity on the Nigerian Exchange Limited (NGX), with local transactions reaching a…
SEC Proposes N10m Cap on Retail Investors’ Digital Asset Exposure
Nigeria’s Securities and Exchange Commission (SEC) is considering tighter limits on how much retail investors can put into digital assets,…
GRIDCo Sets September 12 Deadline for Pylon Right-of-Way Occupants to Vacate
The Ghana Grid Company Limited (GRIDCo) has reiterated September 12, 2026 as the deadline for individuals, businesses and other occupants…
China Chengxin Affirms Afreximbank’s AAA Rating, Citing Strong Financial Position
China Chengxin International Credit Rating Co. Ltd. (CCXI) has reaffirmed the African Export-Import Bank’s (Afreximbank) AAA issuer credit rating, keeping…
BOC Kenya Raises Dividend 60% Despite Sharp Profit Decline
BOC Kenya has delivered a mixed financial performance in the first half of 2026, with the industrial and medical gases…
Car & General More Than Doubles in Two Weeks as NSE Hits Record KSh4.1 Trillion
Car & General PLC continued its remarkable run on the Nairobi Securities Exchange (NSE), with its share price jumping 42.84%…
FEC okays double taxation treaties with Ghana, Tanzania, Switzerland
The Federal Executive Council (FEC) has approved the signing of Double Taxation Avoidance Agreements between Nigeria and Ghana, Tanzania and…
Naira Gains N1.13, Closes at N1,346.49/$ as Week Ends on Positive Note
The naira ended the trading week on a stronger note, closing at N1,346.49 to the US dollar at the official…
Five Firms Power Nigeria’s $120m Non-Oil Export Surge
Nigeria’s push to reduce its dependence on crude oil is gaining momentum, with five companies generating about $120m from non-oil…
Abuja Residents Protest 100% AEDC Electricity Tariff Increase as Power Costs Soar
Residents across the Federal Capital Territory are feeling the pressure of rising electricity costs after the Abuja Electricity Distribution Company…
UBA Graduate Who Addressed Tony Elumelu By First Name Gets ₦500,000, VIP Trip
A UBA graduate who recently became the centre of an online controversy after addressing businessman Tony Elumelu by his first…
Terrorists Break Into Niger Mosque, Abduct Worshippers
More than 60 worshippers were reportedly abducted from the Central Mosque in Dekara town, Borgu Local Government Area of Niger…
Nigeria’s Top Equity Mutual Funds: Zedcrest Leads With 88.58% Return in July 2026
Nigeria’s equity mutual fund market regained momentum in July 2026, with total net asset value (NAV) rising to N241.38 billion,…
Nigerian Stocks Extend Sell-Off as Haldane McCall Leads Weekly Gainers
Nigeria’s stock market extended its recent decline in the week ended August 21, with the NGX All-Share Index falling by…
NGX Sell-Off Wipes Out N5.9tn as BUA Foods, MTN Nigeria Take Biggest Hit
The Nigerian equities market has suffered a sharp two-week sell-off, wiping approximately N5.9 trillion off its market capitalisation as investors…
Bitcoin jumps above $77,000 on US crypto policy hopes
Bitcoin surged above the $77,000 mark on Friday as growing optimism over cryptocurrency legislation in the United States and a…
United Capital Insider Sells 3,651 Shares in N65,170 Deal
United Capital Plc has notified the Nigerian Exchange Limited (NGX) and the investing public of an insider share transaction involving…
ChatGPT Can Now Send Messages for Users Through Apple Messages
OpenAI has introduced a new Apple Messages plug-in for ChatGPT, giving users the ability to connect their Messages inbox to…
Meta Expands AI Tools to Help Small Businesses Manage Data, Reports and Social Media
Meta is expanding the role of its AI assistant beyond everyday conversations, giving small businesses a new way to manage…
ChatGPT Gains Access to Apple Messages, Sparking Fresh Privacy Concerns
OpenAI has expanded ChatGPT’s capabilities on Mac computers with a new feature that allows the AI chatbot to interact directly…