Oyedele’s Fiscal Expertise Will Strengthen Nigeria’s Economy Amid Fiscal Challenges – Mutfwang
Plateau State Governor, Caleb Mutfwang, has praised the appointment of Taiwo Oyedele as a key economic figure in President Bola…
Day: April 23, 2026
Nigeria Debt Crisis Deepens as Servicing Costs Hit N15.81tn, Sparks Fiscal Discipline Calls
Nigeria’s growing debt burden is once again raising alarm across economic and policy circles, as rising debt servicing costs continue…
Oil Price Stabilizes at $95 as Middle East Tensions Push Markets Into Structural Tightness – Standard Chartered
Global oil markets are once again under pressure as geopolitical tensions in the Middle East flare up, pushing Brent crude…
Oil Prices Slip Slightly as U.S.-Iran Tensions Stall Talks and Disrupt Strait of Hormuz Shipping
Global oil markets experienced a slight pullback on Thursday as geopolitical tensions between the United States and Iran continued to…
Tesla Raises 2026 Spending to $25bn as Musk Bets Big on AI, Robotics and Autonomous Future
Tesla has sharply increased its planned capital expenditure for 2026 to more than $25 billion, marking a major strategic push…
UK Cyberwar Warning Raises Alarm Over Nigeria’s Cybersecurity Preparedness
The United Kingdom has issued a strong warning about the rising threat of cyberwarfare, a development that is drawing attention…
West Africa Digital Economy at Risk as WATRA Warns of Submarine Cable Threats
The West African Telecommunications Regulators Assembly (WATRA) has raised concerns over growing threats to West Africa’s fast-expanding digital economy, valued…
Nigeria Records 4,200 Weekly Cyber Attacks as Digital Economy Expands, Says Minister Tijani
Nigeria is experiencing an estimated 4,200 cyber-attacks every week, a growing threat closely linked to the rapid expansion of its…
Nigeria Money Market Shift: T-Bills Hit N3.2tr as Commercial Paper Market Slumps 58% in March 2026
Nigeria’s money market experienced a sharp shift in March 2026 as investors increasingly turned to government-backed securities. Treasury bills (T-bills)…
Nigeria Gas Sector Investment Hinges on Regulatory Clarity, Says NGA
The Nigerian Gas Association (NGA) has stressed that regulatory clarity, consistent policy implementation, and stronger institutional coordination are essential to…
Afreximbank, St Kitts and Nevis Sign Hosting Deal for ACTIF2026 to Boost Africa-Caribbean Trade Ties
The African Export-Import Bank (Afreximbank) and the Government of St Kitts and Nevis have officially signed a hosting agreement for…
NGX Premium Stocks Hit N54.3 Trillion Valuation as MTN, Dangote Cement and Seplat Lead Market Rally
Nigeria’s stock market is witnessing a powerful surge as the combined valuation of Premium Board stocks on the Nigerian Exchange…
Africa Needs Two More Dangote-Scale Refineries to Close Fuel Import Gap – AFC Report
Africa will need at least two more refineries the size of the Dangote Refinery to keep up with its fast-growing…
Google Workspace Gets AI Overhaul as ‘Workspace Intelligence’ Turns Gemini Into Your Office Assistant
Google has rolled out a major upgrade to its Workspace suite, introducing a wave of AI-powered tools designed to reshape…
European Stocks Fall as Germany Slashes Growth Forecast Amid Iran War and Energy Shock Fears
European stocks closed lower on Wednesday as investors weighed fresh economic warnings from Germany, ongoing geopolitical tension linked to the…
Transcorp Hotels Leads NGX Rally as Market Hits Record 219,586 Points Amid Strong Banking Gains
The Nigerian equities market closed at a fresh record high on April 22, 2026, as the All-Share Index rose to…
Tinubu: CBN Clears Airline Debts to Strengthen Nigeria–UK Aviation Ties and Boost Foreign Investment
President Bola Ahmed Tinubu has said that the Central Bank of Nigeria’s (CBN) move to clear outstanding financial liabilities owed…
European Stocks Open Lower as Markets React to Oil Shock; Nokia and L’Oréal Rally on Strong Earnings
European stock markets started Thursday on a weaker note as investors reacted cautiously to rising geopolitical tensions and higher oil…
Nigeria Food Prices Surge Despite N7.65 Trillion Imports and Government Interventions
Food prices in Nigeria continue to climb, even as the Federal Government ramps up spending on interventions and imports. In…
CBN Treasury Bills Auction Sees N894bn Allotment as Investor Demand Surges
The Central Bank of Nigeria (CBN) has allotted a total of N894.17 billion in its Treasury Bills Primary Market Auction…
FAAC Shares N2.03 Trillion as VAT Revenue Declines Again in March
Nigeria’s Federation Account Allocation Committee (FAAC) has disbursed a total of N2.03 trillion among the federal government, state governments, and…
Nigeria-UK Relations to Boost Investment Opportunities, Tinubu Assures British Envoy
President Bola Tinubu has reaffirmed that Nigeria’s relationship with the United Kingdom will continue to unlock fresh investment opportunities, strengthen…