Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic Reforms
Nigeria is expected to receive a fresh $500 million loan from the African Development Bank (AfDB) before the end of…
Day: October 7, 2025
Africa Must Have a Seat in Global AI Governance, Says Alpha-Geek CEO Oluwaseun Dania
Africa must be fully represented in global conversations shaping the future of artificial intelligence (AI), according to Oluwaseun Dania, Managing…
OpenAI Unveils GPT-5 Pro, Sora 2, and Voice AI Upgrades to Empower Developers at Dev Day 2025
OpenAI has rolled out a suite of powerful new models and developer tools at its annual Dev Day 2025, signaling…
Importers Face Rising Costs as U.S. Tariffs on Chinese-Built Ships Add $3.2 Billion to Global Freight Charges
Importers around the world, including Nigeria, are bracing for higher shipping and clearing costs as the United States introduces new…
Tinubu Orders Review of 2026 Hajj Fares as Naira Strengthens; Shettima Directs NAHCON to Reduce Costs Within 48 Hours
President Bola Ahmed Tinubu has ordered an immediate review of the 2026 Hajj fares to reflect the current appreciation of…
UBA Celebrates 2025 Customer Service Week with Focus on Innovation and Customer Empowerment
The United Bank for Africa (UBA) Plc has kicked off its 2025 Customer Service Week, joining organizations worldwide to celebrate…
Nigerians Gain Access to US Stocks and ETFs Through Bitget’s Real-World Assets Platform
For years, Nigerian traders have faced barriers to investing in global markets. While many were familiar with big names like…
FGN Savings Bond: DMO Opens October Offer at 14.06% and 15.06% to Attract Retail Investors
The Debt Management Office (DMO) has opened subscriptions for the October 2025 issuance of the Federal Government of Nigeria (FGN)…
Nigeria Hosts Africa Agriculture Dialogue 2025 to Unlock Financing for Food Security and Growth
Nigeria is set to host the Africa Agriculture Dialogue (AAD) 2025 in Abuja on October 7–8, bringing together key stakeholders…
OpenAI Launches In-Chat Apps for ChatGPT with Spotify, Coursera, and Canva: A New Era of Interactive AI Experiences
In a major leap for conversational AI, OpenAI has unveiled a new generation of in-chat applications integrated directly into ChatGPT,…
CBN Bars Loan Defaulters and Blacklisted BVNs from Operating PoS Terminals in Nigeria
The Central Bank of Nigeria (CBN) has introduced stringent new rules that disqualify individuals with bad debts, blacklisted Bank Verification…
NNPC Blames Cooking Gas Price Hike on PENGASSAN Strike Disruption
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has attributed the recent…
Ghana’s Economy Shows Strong Gains, but Borrowing Costs Remain High — Kyei-Mensah-Bonsu Warns
Former Majority Leader Osei Kyei-Mensah-Bonsu has praised the Ghanaian government for recent improvements in the country’s economic performance, describing the…
PENGASSAN and NUPENG Urged to Build Private Refinery Using Members’ Check-Off Dues Amid Dangote Dispute
The Stand-Up South South Security Group has called on Nigeria’s petroleum labor unions, the Petroleum and Natural Gas Senior Staff…
European Stocks Dip as French Political Crisis and German Factory Data Weigh on Markets
European stocks edged lower on Tuesday as uncertainty surrounding France’s political crisis rattled investor sentiment. The pan-European Stoxx 600 index…
Private Sector Pensions Rise as Job Adverts Fall in Ghana: Insights from SSNIT and BoG Reports
Ghana’s formal private sector saw a slight increase in pension contributions, signaling gradual growth in formal employment. According to the…
CBN Imposes N5 Million Fine on Illegal Agent Banking Activities, Strengthens Oversight Rules
The Central Bank of Nigeria (CBN) has stepped up enforcement against illegal agent banking activities, introducing hefty fines for breaches…
Nigeria Seeks $2 Billion Chinese Loan to Build Super Grid and End Chronic Power Shortages
Nigeria is negotiating a $2 billion loan from China’s Export-Import Bank to finance the construction of a new “super grid”…
Seplat, AXA Mansard Drive NGX Rally as Market Gains ₦786 Billion
Investors on the Nigerian Exchange Limited (NGX) continued their winning streak on Monday, pushing market capitalisation up by a substantial…
Tinubu Approves N4 Trillion Bond to Settle GenCos Debts, Boost Nigeria’s Power Sector
President Bola Tinubu has approved a N4 trillion bond to settle verified debts owed to Nigeria’s power generation companies (GenCos)…
Africa Must Invest in AI to Secure Digital Sovereignty and Economic Growth, Says Expert
Africa stands on the brink of the Fourth Industrial Revolution, yet its digital infrastructure lags behind global standards. With the…
$2 Billion Nigerian Broadband Project to Drive GDP Growth and Digital Inclusion
Nigeria is set to witness a major digital transformation as the government launches a $2 billion broadband project aimed at…