GSE Market Cap Hits GH¢256bn as MTN Ghana Drives Trading Surge with 1.3 Million Shares
The Ghana Stock Exchange (GSE) extended its bullish run for a third straight session on Wednesday, pushing total market capitalisation…
Day: April 16, 2026
N1.8tn Contractor Debt Payments in Nigeria: Reps Signal Imminent Release of Funds
There are strong indications that contractors owed by the Federal Government for capital projects may soon begin receiving payments, as…
2026 fiscal policy eases imports, tightens energy burden
Nigeria’s economy is entering 2026 with a mixed outlook as new fiscal policy measures ease import duties on essential goods,…
Nigeria Taxpayer Base Surges to 100 Million Amid Compliance Concerns Over Revenue Impact
Nigeria’s taxpayer register has expanded dramatically from 10 million to 100 million, marking one of the most significant shifts in…
IMF Urges Nigeria, Others to Fast-Track Financial Support as Global Economic Risks Rise
The International Monetary Fund (IMF) has advised Nigeria and other countries facing economic pressure to seek financial support promptly when…
Dangote Refinery Exports 434 Million Litres of Petrol in March as Nigeria Becomes Net Fuel Exporter
Nigeria’s oil sector recorded a major turning point in March 2026 as the Dangote Petroleum Refinery exported about 434 million…
Nigeria Power Crisis Deepens as 9,536MW Installed Capacity Remains Idle Amid Grid Failures
Nigeria’s electricity crisis has deepened after new data from the Nigerian Electricity Regulatory Commission (NERC) revealed that 9,536 megawatts of…
N210 Trillion Audit: Senate Gives NNPCL April 29 Deadline to Explain Unaccounted Funds
The Nigerian Senate has issued a firm deadline to the Nigerian National Petroleum Company Limited (NNPCL), ordering its management to…
AI Integrity at Stake as Advanced Models Reshape Cybersecurity Landscape
As artificial intelligence systems become more advanced, the global cybersecurity landscape is undergoing a major shift. New AI models are…
NectarFi Raises $170,000 Pre-Seed Funding to Solve Crypto Fragmentation Across Emerging Markets
Nigerian digital asset startup NectarFi has secured $170,000 in pre-seed funding as it works to tackle one of the biggest…
OpenAI Upgrades Agents SDK with Sandbox and Harness Tools to Boost Enterprise AI Agent Safety
OpenAI has rolled out a major update to its Agents Software Development Kit (SDK), aiming to help businesses build more…
SEC Sets N7.5bn Minimum Capital for Free Trade Zone Listings in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has proposed a new minimum paid-up share capital of N7.5 billion for Free Trade…
Nigerian Crude Oil Hits $113 Per Barrel as Supply Tensions and China Demand Boost Global Prices
Nigerian crude oil has surged sharply on the global market, with Brass River trading at around $113 per barrel, significantly…
Aliko Dangote, Trump, Xi Jinping, Others Named in TIME 100 Most Influential People of 2026
Aliko Dangote has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffirming his status…
Rising Oil Prices: FG Rules Out Fuel Subsidy Return Despite Inflation Pressure
The Federal Government has firmly ruled out any return of petrol subsidy in Nigeria, even as global oil prices continue…
European Stocks Rise as UK GDP Surges and Iran Peace Talks Lift Market Sentiment
European stocks rose modestly on Thursday as investors reacted to stronger-than-expected UK economic growth and growing optimism around diplomatic efforts…
Snapchat to Lay Off 16% Workforce in AI-Driven Restructuring, Targets $500M Cost Savings
Snapchat’s parent company, Snap Inc., has announced plans to lay off about 16% of its global workforce, affecting roughly 1,000…
Naira strengthens to N1,341.99/$, hits two-month high amid improved market sentiment
The naira continued its upward movement on Wednesday, closing at N1,341.99/$ at the official foreign exchange market—its strongest level since…
Nigeria Inflation Rises to 15.38% in March 2026 as Monthly Price Pressures Surge
Nigeria’s inflation rate climbed to 15.38% in March 2026, signaling a fresh wave of price pressures across the economy despite…
Nigeria Inflation Set to Rise as Iran War Drives Fuel and Food Costs Higher
Nigeria’s inflation rate is projected to rise in March 2026, signaling an end to nearly a year of easing price…