NUPRC Urges Bank of America to Prioritize Funding Nigeria’s Oil Sector Growth
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on the Bank of America and other major financial institutions to…
Day: October 29, 2025
Energy Leaders Push for Policy Harmony to Boost Africa’s Oil and Gas Integration
At the 19th Oil Trading and Logistics (OTL) Africa Downstream Energy Week 2025 in Lagos, regulators and industry leaders across…
FG Secures ₦700 Billion to Deploy 1.1 Million Electricity Meters by December 2025
The Federal Government has announced it has secured about ₦700 billion from the Federation Account Allocation Committee (FAAC) to deploy…
Memento Labs CEO Confirms Spyware Misuse by Government Client After Kaspersky Uncovers “Dante” Malware
The CEO of Italian surveillance technology company Memento Labs, Paolo Lezzi, has confirmed that one of its government customers was…
U.S. Stock Futures Hold Steady as Investors Await Fed Rate Cut Decision
U.S. stock futures traded mostly unchanged Tuesday night as investors awaited the Federal Reserve’s key interest rate decision. The Dow…
NGX Group Market Capitalisation Soars 37.7% to ₦141.75 Trillion as Investor Confidence Deepens
The Nigerian Exchange Group (NGX Group) has posted a remarkable 37.7 per cent surge in market capitalisation, rising to ₦141.75…
Nigerian tech graveyard expands as multi-million dollar startups fold
Nigeria’s once-vibrant tech startup scene is witnessing a wave of shutdowns, as several high-profile, venture-backed firms close operations despite having…
‘Operations not affected’ — Nestoil says it’s resolving debt issue with lenders
Nestoil Group says the enforcement action against the company’s asset does not affect operations. Earlier, police sealed off the corporate headquarters…
PayPal and OpenAI Join Forces to Bring Digital Wallet Payments to ChatGPT Users
PayPal has officially partnered with OpenAI to integrate its digital wallet into ChatGPT, creating a new way for users to…
MTN Fintech Wins Regional Award for Advancing Digital Literacy and Financial Inclusion Across Africa
MTN Group Fintech has achieved a historic milestone by winning the first-ever Regional Platform Business Award at the Y’ello Care…
Ghana’s Banking Sector Profit Surges 46% in 2025, Signaling Strong Economic Recovery
Ghana’s banking sector has recorded an impressive performance in 2025, with profit-after-tax soaring by 46.1% to GH¢9.7 billion in the…
Nigeria Targets $1 Trillion Economy by 2030, Says Minister Bagudu
The Federal Government has reiterated its confidence in achieving President Bola Tinubu’s ambitious goal of transforming Nigeria into a $1…
Nigeria Partners World Bank, Norway to Boost Aquaculture and Fisheries Development
The Federal Government of Nigeria has unveiled plans to collaborate with the World Bank, research institutions, and coastal communities to…
FGN Bonds Oversubscribed by 307% in October as Investor Confidence Soars
Nigeria’s Federal Government Bonds (FGN Bonds) recorded a massive 307.6% oversubscription at the October 2025 auction, reflecting renewed investor confidence…
How Artificial Intelligence Is Reshaping the Future of Music and Religion — Researcher Robinson Isichei Leads Global Conversation
Artificial Intelligence is redefining how people connect with music and faith, and one researcher is leading that conversation. Independent scholar,…
CBN Clarifies $1.25bn Q1 Oil Sector FX Transactions, Says No Direct Intervention
The Central Bank of Nigeria (CBN) has clarified that the reported $1.25 billion spent on oil sector imports in the…
NNPCL Launches Strategic Infrastructure Projects to Boost Nigeria’s Oil and Gas Growth
The Nigerian National Petroleum Company Limited (NNPCL) has unveiled a major strategic infrastructure development plan aimed at strengthening Nigeria’s oil…
European Stocks Slip Ahead of Fed Rate Decision as Investors Eye Powell’s Comments and Tech Earnings
European stocks are poised to open lower on Wednesday as investors tread cautiously ahead of the U.S. Federal Reserve’s much-anticipated…
Sanwo-Olu gets recognition for promoting digital engagement
Lagos State Governor, Babajide Sanwo-Olu, has been recognised for his exceptional contributions to digital engagement and media innovation in Nigeria.…
Gas Marketers Set 6 Million-Tonne LPG Supply Target, Forecast Price Drop as Local Production Rises in Nigeria
Nigeria’s Liquefied Petroleum Gas (LPG) marketers have announced plans to boost the nation’s annual gas supply to six million metric…