Google Launches Offline AI Dictation App “AI Edge Eloquent” for iOS
Google has quietly entered the AI-powered transcription space with its new offline-first dictation app, Google AI Edge Eloquent, now available…
Day: April 7, 2026
OpenAI Alums Launch $100M Zero Shot Fund to Back Next-Gen AI Startups
OpenAI veterans have quietly entered the venture capital scene with a new fund, Zero Shot, aiming to raise $100 million…
Nigeria Excluded from OPEC+ Crude Oil Production Hike Amid Global Market Adjustments
Nigeria has once again been excluded from the latest crude oil production increase by the Organisation of Petroleum Exporting Countries…
GenCos Question N3.3tn Power Sector Debt Settlement Amid Delayed Payments
The Federal Government’s renewed approval of N3.3tn to settle long-standing power sector debts has ignited fresh controversy, with power generation…
Nigeria Achieves Fiscal Milestone: Non-Oil Revenue Now 75% of Federation Funds
Nigeria has marked a historic turning point in its economic landscape, as non-oil revenue now accounts for 75 per cent…
Nigeria’s Power Sector Gets N3.3 Trillion Lifeline as Eight GenCos Sign Debt Bailout
Eight of Nigeria’s major power generation companies, including Transcorp Power, Egbin Power, and Geregu Power Plc, have signed onto President…
Nigeria Shifts to Tax-Driven Revenue Model as Oil Income Plummets by 26% Over 15 Years
Nigeria’s federal revenue landscape is undergoing a historic transformation, with tax and non-oil income increasingly driving government finances. According to…
FG Raises 2026 Borrowing to N29.2 Trillion as Nigeria’s Fiscal Deficit Widens
The Federal Government of Nigeria has raised its borrowing plan for 2026 to N29.2 trillion, reflecting a sharp increase in…
Naira Settlement Policy Transforms Nigeria’s Diaspora Remittance System
The Central Bank of Nigeria (CBN) has unveiled a landmark naira settlement policy that will transform how diaspora remittances are…
AfDB Approves $11.3M for Mini-Grids to Boost Electricity Access in Nigeria and 13 African Countries
The African Development Bank (AfDB) has approved $11.3 million in renewable energy funding to expand electricity access in Nigeria and…
Asia-Pacific Markets Trade Mixed Amid U.S.-Iran Tensions and Strait of Hormuz Deadline
Asia-Pacific markets traded mixed on Tuesday as investors navigated growing geopolitical uncertainty surrounding the U.S.-Iran conflict. The trading session reflected…
Best Performing Nigerian Stocks for Easter Week 2026: MTN and GTCO Lead Gains
The Nigerian equities market posted modest gains during the Easter week ended April 2, 2026, with the All-Share Index rising…
NGX Weekly Turnover Falls to 2.856 Billion Shares Amid Shortened Trading Week
Activity on the floor of the Nigerian Exchange Limited (NGX) slowed sharply last week as trading was limited to four…
Africa Prudential Strengthens Performance and Accelerates Digital Growth in 2025
Africa Prudential Plc has reaffirmed its financial resilience and growth momentum, sustaining strong returns while deepening its digital footprint, despite…
Ghana Stock Market Boom Sparks Crackdown on Unlicensed Online Investment Advisors
Ghana’s thriving stock market is drawing increasing attention, but it’s also triggering regulatory warnings. The Securities and Exchange Commission (SEC)…
Rising Oil Prices Weaken African Currencies, Deepen Inflation Risks Across the Continent
African economies are facing a sharp financial strain as global oil prices surge by over 50 percent, pushing crude above…
US-Iran War Sparks Economic Strain on Nigerian Businesses and Consumers
The Nigerian business economy is under renewed strain as the ongoing war between the United States and Iran, which erupted…
UN Warns Trump Against Iran Strikes as Deadline Nears: Tensions Escalate in Middle East
The United Nations has issued a stark warning to United States President Donald Trump, cautioning that his threats to attack…
Treasury Yields Steady After Strong U.S. Jobs Report as Middle East Tensions Cloud Outlook
U.S. Treasury yields held steady on Monday as investors weighed a surprisingly strong March jobs report against rising geopolitical tensions…
Nigeria’s Foreign Reserves Drop by $850 Million Amid Election Spending and FX Pressures
Nigeria’s foreign reserves have declined by about $850 million within three weeks, raising fresh concerns among forex traders and market…
Nigeria’s $850 Million Foreign Cloud Dependence Exposes Fintech Sector to Global Risks
Nigeria’s fast-growing digital economy is facing new scrutiny as companies spend an estimated $850 million annually on foreign cloud services.…