Oil Prices Surge Past $100 Amid Middle East Tensions and Supply Disruptions
Oil prices rebounded sharply on Thursday, recovering from a brief dip as fading hopes for a swift end to the…
Day: March 26, 2026
Global Markets React as Oil Nears $100 Amid Iran Conflict Resolution Speculation
Global markets experienced a volatile start on Thursday, with stock futures slipping while oil prices surged as investors navigated the…
Africa Must Integrate Financial Systems to Avoid Fragmented Growth, BoG Governor Warns
Africa’s financial sector risks fragmented growth unless countries work to integrate their systems and regulatory frameworks, the Governor of the…
NNPC says Nigeria is attracting more buyers for LNG cargoes
Nigeria is witnessing a surge in interest for its liquefied natural gas (LNG) cargoes as global energy disruptions create new…
Nigeria Fast-Tracks Idle Oil Wells as NUPRC Approves PEL No. 5 for SeaSeis Partnership
Nigeria is fast-tracking efforts to boost its oil production as crude prices hover near $100 a barrel. The Nigerian Upstream…
Nigerian Banks Raise N4.61 Trillion in Capital, N1.2 Trillion from Foreign Investors
Nigerian banks have successfully raised N4.61 trillion in fresh capital as part of the ongoing banking sector recapitalisation programme, with…
Nigeria’s Banking System Liquidity Holds Above ₦8 Trillion Despite ₦2.36 Trillion CBN OMO Mop-Up
Nigeria’s banking system liquidity held steady above ₦8 trillion despite a ₦2.36 trillion Open Market Operations (OMO) mop-up by the…
CBN Governor Cardoso Urges Stronger Cross-Border Cooperation Among African Regulators
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has called for deeper collaboration among African financial…
$6B Funding Gap Threatens Nigeria’s Oil Output Surge and Crude Supply to Dangote Refinery
Nigeria’s ambition to rapidly increase oil production could be hampered by a staggering $6 billion capital shortfall, industry experts have…
CBN Approves 100% Forex Repatriation for Oil Companies in Major Market Reform
The Central Bank of Nigeria (CBN) has approved the full repatriation of foreign exchange earnings for International Oil Companies (IOCs),…
Dangote Refinery Receives Only 5 Crude Cargos Monthly Amid Crude-for-Naira Shortfall
The Chief Executive Officer of the Dangote Refinery, David Bird, has raised alarms over a significant shortfall in crude oil…
Africa’s Space Ambitions Stall Under “Multi-Million Orbit Tax” on Foreign Launches
African nations are increasingly designing and building their own satellites to monitor crops, track floods, and protect borders. Yet despite…
AI Crises Outpace Institutional Response, Experts Warn of Rising Digital Risks
Artificial intelligence is accelerating the pace and scale of global crises beyond the capacity of institutions to respond, raising urgent…
Domestic Investors Drive 78% Surge in NGX Turnover to N1.5 Trillion
The Nigerian Exchange Limited (NGX) witnessed a remarkable surge in market activity in February 2026, with total turnover jumping by…
SEC Partners with National Orientation Agency to Fight Ponzi Schemes in Nigeria
The Securities and Exchange Commission (SEC) has signed a memorandum of understanding (MoU) with the National Orientation Agency (NOA) to…
NGX Market Dips to N128.98tn as Banking Stocks Fuel Investor Caution
The Nigerian equities market reversed its recent gains on Wednesday, as sustained profit-taking in major banking stocks dragged the benchmark…
AI Skills Gap Widens as Power Users Pull Ahead, Warns Anthropic
The AI skills gap is becoming increasingly apparent as early adopters pull ahead, according to new research from AI company…
European Markets Slide as Iran Peace Talks Uncertainty Rattles Investors
European markets are heading for a weaker open on Thursday, as investors react cautiously to uncertainty surrounding potential peace talks…
WTO Reform Talks in Cameroon Face Global Trade Breakdown Risk
Trade ministers from around the world have gathered in Yaoundé, Cameroon, for a high-stakes four-day summit aimed at reforming the…
Nigeria LNG Demand Surges as Middle East War Disrupts Global Energy Supply
Nigeria is witnessing a significant increase in demand for its liquefied natural gas (LNG), as global buyers rush to secure…