Naira Strengthens to ₦1,400/$ as Weaker US Dollar Lifts Emerging Markets
Nigeria’s naira continued its upward momentum midweek, appreciating to around ₦1,400 per dollar at the official foreign exchange market, as…
Day: January 28, 2026
Moltbot: The Viral Personal AI Assistant Taking the Tech World by Storm
The AI world has a new mascot—and it’s a lobster. Moltbot, formerly Clawdbot, has captured the imagination of tech enthusiasts…
Chinese Humanoid Robots Set Sights on Middle East and U.S. Markets – LimX Dynamics’ Global Expansion
Chinese humanoid robots are preparing to make their global debut, with Shenzhen-based startup LimX Dynamics leading the charge. Founder Will…
Experts Urge Development of Homegrown AI to Secure Nigeria’s Future
Technology leaders and policymakers have renewed calls for Nigeria to prioritize the development of homegrown artificial intelligence (AI) solutions, highlighting…
NUPRC Engages Global Investors Ahead of 2025 Oil & Gas Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is reaching out to global energy investors, upstream operators, and financial partners ahead…
FG’s N501 Billion Power Sector Bond Fully Subscribed, Boosting Investor Confidence in Nigeria’s Electricity Market
The Federal Government of Nigeria has successfully achieved full subscription for its N501 billion inaugural power sector bond under the…
Nigeria’s Economic Reforms Set to Boost Consumer Spending and Drive Growth in 2026
Nigeria’s ongoing economic reforms are set to ignite consumer spending and business growth, according to the Mastercard Economics Institute (MEI).…
Nigeria’s Tax Committee Strengthens Stakeholder Engagement for Smooth Implementation of New Tax Laws
The National Tax Policy Implementation Committee (NTPIC) has intensified efforts to ensure the effective rollout of Nigeria’s newly enacted tax…
Nigerian Stock Market Trades N17.3 Billion as Investors Record N3 Billion Weekly Gain
Investors on the Nigerian Exchange Limited (NGX) exchanged 601.65 million shares valued at N17.3 billion in 58,429 transactions on Monday,…
CAP Plc Posts N9.1 Billion Profit in 2025 as Paint Sales Surge
Chemical and Allied Products Plc (CAP) has announced a remarkable N9.1 billion pre-tax profit for the 2025 financial year, marking…
CBN Allows Banks to Accept Expired NAFDAC Licences for Imports Until February 2026
The Central Bank of Nigeria (CBN) has announced a temporary two-month allowance enabling authorised dealer banks (ADBs) to accept expired…
BUA Cement Expands Sokoto Plant with $240M Investment to Boost Production
BUA Cement Plc has announced a $240 million investment to expand its Sokoto cement plant, introducing a modern 3-million-tonne-per-annum production…
Foreign Exchange Stability Key to Restoring Investor Confidence in Nigeria, Says BCI President
Dr. Adesola Falaiye, President of Business Club Ikeja (BCI), has emphasized that sustained stability in Nigeria’s foreign exchange market is…
Nigeria’s Chevron-NNPC Discovery Set to Boost Daily Crude Output to 146,000 Barrels
Nigeria is set to ramp up its crude oil production following a major offshore discovery by Chevron Nigeria Limited (CNL)…
FGN Bond Auction 2026: Federal Government Raises N1.54 Trillion Amid Oversubscription
The Federal Government of Nigeria has launched its 2026 domestic borrowing program with a highly successful FGN Bond auction, raising…
GTCO, Aradel Lead Trading Value as Nigerian Stock Market Edges Up 0.12%
The Nigerian stock market recorded a modest uptick on Tuesday, 27 January 2026, with the All-Share Index (ASI) rising 0.12%…
Erdogan Eyes $5 Billion Nigeria-Türkiye Trade Deal During Tinubu Visit
During Nigerian President Bola Tinubu’s state visit to Türkiye, President Recep Tayyip Erdogan announced that his country is targeting a…
Google Photos Expands Prompt-Based AI Editing to India, Australia, and Japan
Google is expanding its AI-powered photo editing tools to more parts of the world, bringing its prompt-based editing feature to…
European Markets Set for Mixed Open as ASML Earnings Steal the Spotlight
European stock markets are expected to open mixed on Wednesday as investors brace for a busy day of corporate earnings…
Imported Petrol Undercuts Dangote Refinery Price After Gantry Hike
Imported petrol has become cheaper than fuel produced by the Dangote Petroleum Refinery, following a recent increase in the refinery’s…
Nigerian Firms Secure $2.5bn in World Bank Contracts, Rank Fifth Globally
Nigerian companies have secured more than $2.5 billion worth of World Bank–financed contracts, placing the country fifth globally among beneficiaries…