Agentic AI Set to Reshape Global Banking as Customer Adoption Surges, Says McKinsey Report
A new McKinsey & Company Global Banking Annual Review (2025) reveals that agentic artificial intelligence (AI) is on the brink…
Year: 2025
CSOs Applaud Tinubu’s 15% Fuel Import Tariff as Step Toward Energy Independence
A coalition of civil society organisations under the banner of the Coalition of Civil Rights Activists has commended President Bola…
World Bank Set to Approve Nigeria’s $1 Billion Development Loan in December to Boost Jobs and Investment
The World Bank has scheduled December 16, 2025, as the tentative date to approve Nigeria’s $1 billion Development Policy Financing…
OPEC+ Pauses Oil Output Increases for Q1 2026 After December Hike
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have announced plans to pause oil output increases during…
Seven Nigerian Banks Pay ₦674.68bn in Taxes in H1 2025 Amid Rising Earnings
Seven of Nigeria’s leading banks remitted a total of ₦674.68 billion in taxes to the federal government in the first…
Transcorp CEO Owen Omogiafo Urges Faster Energy Access to Power Africa’s Economic Growth
The President and Group Chief Executive Officer of Transcorp Plc, Dr. Owen Omogiafo, has called for urgent action to improve…
U.S. Stock Futures Steady as November Trading Begins Amid Earnings Optimism and AI Momentum
U.S. stock futures opened slightly higher on Monday, marking a steady start to November trading as investors digested solid corporate…
Top 10 Best-Performing Nigerian Stocks in October 2025: NGX Extends Bullish Streak with 8% Monthly Gain
The Nigerian Exchange (NGX) ended October 2025 on a bullish note, with the market advancing 8% to cap another month…
Innovation, efficiency top agenda as ICMR installs fourth president
Calls for innovation, efficiency, and digital transformation took center stage at the 14th Annual Conference and Presidential Investiture of the…
BUA Foods Becomes Nigeria’s Most Valuable Company, Surpasses Dangote and MTN with N12.5 Trillion Market Cap
BUA Foods Plc has officially dethroned Dangote Cement and MTN Nigeria to become the most valuable company on the Nigerian…
European Markets Open Higher as Auto Stocks Surge and Investors Await Key Central Bank Decisions
European markets opened the new trading month on a strong footing Monday, with auto stocks leading early gains as investors…
Oando Suffers $450 Million Revenue Loss as Dangote Refinery Reshapes Nigeria’s Oil Market
Oando Plc, one of Africa’s largest integrated energy companies, has reported a significant $450 million decline in revenue, linking the…
Woodhall Capital Targets $50 Billion in Global Investments to Drive Nigeria’s Development
Woodhall Capital, under the leadership of its founder, Mojisola Hunponu-Wusu, is spearheading efforts to attract $50 billion in global investments…
FG Promises Stakeholder Engagement on 2026 Tax Reforms to Ensure Fair, Transparent System
The Federal Government has assured that the upcoming Nigeria 2026 tax reforms will be implemented through open and continuous consultation…
Naira Strengthens to ₦1,421/$ — 2025 Peak Fueled by Rising Forex Supply and Investor Confidence
The Nigerian naira ended October 2025 on a high note, appreciating to ₦1,421.73 per dollar — its strongest level this…
Seplat Energy Reports N3.36 Trillion Revenue in 9 Months, Declares 7.5 US Cents Dividend
Seplat Energy PLC has posted impressive financial results for the nine months ended September 30, 2025, with revenues soaring to…
Presidency Defends 15% Fuel Import Tariff
The Nigerian Presidency has confirmed that President Bola Tinubu has approved a 15 per cent import tariff on petrol and…
MTN and Airtel Nigeria Profits Surge to ₦1.83 Trillion as Naira Strengthens
Nigeria’s telecom giants, MTN Nigeria and Airtel Nigeria, have posted a combined profit of about ₦1.83 trillion, signalling a strong…
Nigeria’s New Tax Laws to Revive Logistics Industry and Ease Road Transport Costs
Nigeria’s logistics industry, which moves over 90 percent of the country’s goods by road, has long struggled under the weight…
Nigeria Launches National Carbon Market Framework to Unlock $3 Billion in Annual Climate Finance
President Bola Tinubu has approved the adoption of a National Carbon Market Framework (NCMF), alongside the operationalization of the Climate…
Bonny Light Holds at $66 as Market Eyes Trump-Xi Trade Breakthrough
Nigeria’s premium crude blend, Bonny Light, steadied at $66 per barrel on Wednesday, lifted by renewed optimism over trade talks…
WhatsApp Introduces Passkey Support for Encrypted Backups, Enhancing User Privacy and Security
WhatsApp has unveiled a new feature that allows users to access their encrypted chat backups using passkeys, offering a simpler…
Canva Unveils Its Own AI Design Model and Expands Creative Suite with Smart Tools
Canva has stepped into the next generation of design innovation with the launch of its own AI-powered design model. The…
FG Targets Under-7-Day Cargo Clearance at Nigerian Ports by 2026 – Shettima Unveils Port Efficiency Reforms
The Federal Government has set a bold target to reduce cargo clearance time at Nigerian ports to less than seven…
Tinubu: Local Production Key to Stabilising Supply Chains and Strengthening Nigeria’s Economy
President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s economy through local production, saying it remains central to…
Auditor General hinges inclusive economic growth on accountability
The Auditor General for the Federation, Shaakaa Chira, has stressed that inclusive economic growth in Nigeria cannot thrive without strong…
Nigeria’s New Tax Reforms to Eliminate Multiple Levies and Boost Haulage Industry, Says Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that Nigeria’s haulage and…
European Markets Fall After ECB Decision as Investors Weigh Earnings and Trade Talks
European stock markets opened lower on Friday as investors digested a mix of corporate earnings, economic data, and the European…
Investors Lose ₦371bn as Profit-Taking Pressure Drags NGX Lower
The Nigerian Exchange (NGX) closed Thursday’s trading session on a bearish note as widespread sell pressure in key stocks led…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake Investment Platforms
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion to Ponzi schemes and…