iPhone Records Best Quarter Ever as Apple Sees Surge in China and India
Apple has posted a strong start to the year, with the iPhone emerging as the company’s biggest growth driver after…
Month: January 2026
Apple Earnings Soar on iPhone 17 Pro Sales, But Investor Excitement Remains Tepid
Apple’s latest earnings report highlights the power of the iPhone 17 Pro, whose 8x zoom and premium features have captured…
Microsoft Launches Maia 200 AI Chip but Will Continue Buying Nvidia and AMD Chips, Says Nadella
Microsoft has officially rolled out its first in-house AI chip, the Maia 200, at one of its data centers this…
Nigeria Gas Flaring Hits 203.9 Billion SCF in 2025 Despite High Utilisation – NUPRC
Nigeria continued to struggle with gas flaring in 2025, releasing over 203.9 billion standard cubic feet (SCF) of natural gas…
Clean Energy Momentum Grows Globally, but Nigeria and Africa Lag Behind
As the world observed International Clean Energy Day, United Nations Secretary-General António Guterres delivered a stark message: the global shift…
CBN Governor Olayemi Cardoso Engages British International Investment Delegates to Boost Nigeria’s Financial Sector
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a delegation…
Nigeria’s N58.4 Trillion Budget Passes Second Reading as Senate Tackles Electoral Act Reforms
The House of Representatives has passed President Bola Tinubu’s N58.4 trillion 2026 budget through its second reading, surprising many observers…
Adidas Shares Surge 6% After Record 2025 Revenue Boosts European Stocks
European stocks opened higher on Friday, driven by strong corporate earnings and cautious optimism in global markets. By mid-morning in…
Ethos IPO Success: How the Sequoia-Backed Insurtech Survived Where Rivals Failed
Ethos Technologies, the San Francisco-based life insurance software provider, officially debuted on Nasdaq Thursday under the ticker symbol “LIFE,” one…
US Fed Holds Interest Rate at 3.5–3.75% to Stabilize Jobs and Tame Inflation
The United States Federal Reserve has decided to keep its benchmark interest rate steady at 3.5–3.75%, citing the need to…
FCMB Records N177bn Profit in 2025, Driven by Strong Lending and Fee Income
FCMB Group Plc has announced a remarkable profit after tax of N177 billion for the year ended December 31, 2025,…
FG’s N9tn Surge in Domestic Loans Crowds Out Private Sector Credit in 2025
Nigeria’s Federal Government sharply increased its domestic borrowing in 2025, drawing N9.19tn from financial institutions, data from the Central Bank…
BUA Foods Reports N508bn Profit After Tax in 2025, Marking 91% Growth
BUA Foods Plc has announced a remarkable N507.7 billion profit after tax for the year ended 31 December 2025, marking…
Nigeria Telecoms Regulator Removes 450 Illegal Boosters, Fines Operators N45 Million to Improve Service Quality
The Nigerian Communications Commission (NCC) has stepped up efforts to improve telecom service quality by dismantling over 450 illegal signal…
Nigeria Targets $30 Billion Trade with China by 2030 Through Strategic Partnership
Nigeria is setting its sights on a major expansion of trade with China, aiming for a bilateral trade volume of…
$21bn Capital Inflows Signal Nigeria’s Post-Oil Economic Turning Point
Nigeria may be entering a long-awaited phase of economic recovery, as fresh data points to a decisive shift away from…
Fitch Downgrades Afreximbank to High Risk Over Ghana Debt Deal, Ends Rating Coverage
Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) to a high-risk profile, citing concerns arising from the bank’s involvement…
Naira Strengthens Below N1,400/$ as Official FX Market Records Fresh Gains
Nigeria’s naira has broken below the N1,400-to-the-dollar threshold on the official foreign exchange market for the first time in more…
NGX Market Capitalisation Rises by N232bn on Improved Investor Sentiment
The Nigerian Exchange (NGX) closed trading on Thursday, January 29, 2026, on a positive note as renewed investor confidence lifted…
AfCFTA SG: How Africa Can Thrive in the New Global Economy
The global economic landscape is undergoing a profound transformation, with rising protectionism and trade barriers reshaping traditional markets. Speaking at…
Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership
Nigeria is positioning itself as a key gateway to Africa’s $1 trillion commodities market, aiming to capture $400 billion in…
Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX CEO
Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing macroeconomic reforms and improved…
Multi-Trex Secures NGX Approval to Boost Public Shareholding
Multi-Trex Integrated Foods Plc has received a regulatory nod from the Nigerian Exchange (NGX) to take steps toward increasing its…
S&P 500 Futures Steady as Investors Digest Fed Rate Hold and Tech Earnings
S&P 500 futures held steady Wednesday evening as investors weighed a mix of Federal Reserve signals and earnings reports from…
NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces
The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying N835 per litre and…
Nigeria Loses Billions Daily to Illegal Mining, Experts Warn
Nigeria is losing billions of naira every day to illegal mining and the underexploitation of non-oil resources, the Nigerian Mining…
Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows
Nigeria’s startup ecosystem in 2025 saw a striking concentration of investment, with a handful of companies attracting the lion’s share…
NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector
Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium emphasized the need…
Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access
As Nigerians increasingly upgrade to 5G-enabled smartphones, a surprising digital paradox is emerging: around 50% of device owners cannot actually…
South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and Economic Growth
The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital expenditure accounting for…