AI and Cloud Computing Fuel Global Data Centre Construction Boom — But Risks Are…
A new report by Allianz Commercial reveals that artificial intelligence (AI) and cloud computing are driving a…
Daily Archives
November 7, 2025
Experts Urge Nigeria, African Nations to Harness AI and Robotics for Regional…
Technology experts have called on Nigeria and other African countries to fully embrace artificial intelligence…
Shell Awards Offshore Gas Development Deal to Halliburton in Boost for Nigeria’s…
Shell Nigeria Exploration and Production Company (SNEPCo) has awarded Halliburton an integrated drilling and…
Nigeria Risks Oil Production Decline Without New Discoveries, NAPE Warns
Nigeria’s oil production could face a steep decline in the coming years if the country fails to make new crude…
Nigeria, Germany Deepen Skills and Tech Partnership to Power $1 Trillion Economy…
Nigeria is strengthening its partnership with Germany to accelerate its drive toward a $1 trillion economy by 2030.…
FG Grants ₦200 Million to 14 Women Engineers to Boost Innovation in Nigeria
The Federal Government of Nigeria has empowered 14 exceptional women engineers with grants totaling ₦200 million to…
European Markets Stay Flat as AI Valuation Jitters Weigh on Stocks; Novo Nordisk…
European stocks were largely unchanged on Friday, with major indices struggling to recover from Thursday’s losses…
Ellah Lakes Secures SEC Approval for ₦235 Billion Public Offer to Drive Tolaram’s…
Ellah Lakes Plc has received the green light from Nigeria’s Securities and Exchange Commission (SEC) to proceed…
Ghana Reference Rate Rises Slightly to 17.93% in November as Market Pressures Ease
The Ghana Reference Rate (GRR) — the key benchmark used by commercial banks to set lending rates — has edged up…
Tesla Shareholders Approve Elon Musk’s Record $1 Trillion Pay Package Amid…
Tesla shareholders have officially approved CEO Elon Musk’s record-breaking $1 trillion pay package, solidifying…
Northern Manufacturers Applaud 15% Fuel Import Tariff as Boost for Local Refining…
Industrialists across Northern Nigeria have endorsed the Federal Government’s introduction of a 15% import duty on…
Nigeria’s Top Banks Earn N4.8 Trillion from Fixed-Income Investments in 9 Months
Nigeria’s biggest lenders — First HoldCo, UBA, GTCO, Access Corporation, and Zenith Bank, collectively known as…
Nigerian Stock Market Sheds N1.8 Trillion in Four Days Amid Capital Gains Tax…
The Nigerian Exchange (NGX) suffered another bruising week as panic-driven sell-offs erased about N1.8 trillion in…
Over 700 SMEs Receive ₦1.1 Trillion Boost as Nigeria’s Impact Investing Market…
Over 700 small and medium enterprises (SMEs) across Nigeria have received a combined ₦1.1 trillion in funding…
China and Nigeria Strengthen Economic Partnership to Boost Global Supply Chain…
China has reaffirmed its commitment to bolstering economic and industrial cooperation with Nigeria, with a pledge…
Nigeria Poised for Oil Output Boost as NUPRC Confirms Readiness of EMEM FPSO…
Nigeria’s crude oil output is set for a major surge as the Nigerian Upstream Petroleum Regulatory Commission…
U.S. Dollar Falls as Weak Jobs Data Sparks Rate Cut Bets
The U.S. dollar fell sharply in early Asian trading on Friday, leading losses across major currencies as investors…
UPDC, FCMB Lead Market Gainers as All-Share Index Slips 0.36% Amid Weak Trading…
The Nigerian stock market closed on a bearish note on Thursday, November 6, 2025, as the All-Share Index fell by…
Inflation Pushes More Nigerians Into Energy Poverty, Says NISO
Rising inflation and falling household incomes are driving millions of Nigerians deeper into energy poverty,…
Nigeria’s Eurobond Success Set to Boost FX Reserves to $45 Billion by Year-End
Nigeria’s foreign exchange reserves are on track to hit $45 billion by the end of 2025, buoyed by strong investor…