FG Moves to Strengthen Nigeria’s Cyber Defences with New National Cybersecurity Council
The Federal Government has announced fresh plans to strengthen Nigeria’s cyber defences through the creation of a National Cybersecurity Coordination…
Month: April 2026
Seplat, Stanbic, Lafarge Drive N883bn Nigerian Stock Market Rally as NGX Hits New High
The Nigerian Exchange (NGX) extended its bullish momentum on Tuesday as investor confidence pushed the market to a fresh milestone.…
Fuel Subsidy Would Have Cost Nigeria N52 Trillion in 2026 – Zacch Adedeji
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has revealed that Nigeria would have spent as much…
Naira Strengthens to N1,348/$ as U.S. Dollar Slips to Six-Week Low Amid Global Market Shift
The naira appreciated to N1,348 per dollar on Tuesday in the official foreign exchange market, marking a mild but notable…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives Growth – DMO Report
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released by the…
Google Chrome Adds “Skills” AI Feature to Save and Reuse Prompts Across Web Pages
Google is upgrading its Chrome browser with a new artificial intelligence feature designed to make everyday browsing faster and more…
Anthropic’s rise is giving some OpenAI investors second thoughts
Concerns are growing among some investors about whether OpenAI can fully justify its massive $852 billion valuation, as competition intensifies…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury Shares Slide
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty linked to the ongoing U.S.–Iran conflict…
Nigeria Civil Service AI Reform to Cut Delays, Boost Investor Confidence
Nigeria is fast-tracking a major transformation of its public sector, rolling out artificial intelligence and expanding paperless operations across the…
IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% as Oil Gains Fail to Offset Global Risks
Nigeria’s economic outlook has taken a cautious turn as the International Monetary Fund (IMF) reduced the country’s 2026 growth forecast…
Nigeria Revenue Service Urged to Leverage Technology for Sustained Revenue Growth and Better Service Delivery
The Nigeria Revenue Service (NRS) has been urged to embrace technology and strengthen institutional efficiency to sustain its recent revenue…
WATRA Pushes Unified Digital Regulation to Unlock West Africa’s $200bn Digital Economy Growth
The West Africa Telecommunications Regulators Assembly (WATRA) is intensifying efforts to establish a unified digital regulatory framework across the region…
Meta to Overtake Google in Global Ad Revenue by 2026, New Forecast Reveals
Meta Platforms is on track to become the world’s largest digital advertising company by the end of 2026, overtaking Google…
Nigeria Urged to Maximise $11.3m AfDB Renewable Energy Fund Through Mini-Grids and Solar Expansion
Nigeria has been advised to take full advantage of the $11.3 million African Development Bank (AfDB) renewable energy financing by…
Nigeria Crude Oil Production Hits 1.84 Million Barrels Per Day as Output Recovery Strengthens
Nigeria’s crude oil production has recorded a significant rebound, reaching a peak of 1.84 million barrels per day (mbpd), according…
Power Subsidy Hits N418.79bn as Nigeria’s Electricity Sector Records Over N300bn in Losses – NERC
Nigeria’s electricity sector faced mounting financial pressure in the fourth quarter of 2025, as the Federal Government’s power subsidy rose…
Tinubu 2026 Budget Signing: President Set to Approve ₦68.323 Trillion Nigeria Budget Any Moment
President Bola Tinubu is expected to sign the ₦68.323 trillion 2026 national budget at any moment after it was officially…
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support as escalating global tensions continue…
NGX Market Capitalisation Hits N131.6tn as 31 Stocks Drive Gains in Bullish Trading Session
The Nigerian equities market opened the week on a positive note as renewed buying interest in medium and large-cap stocks…
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market Gains
The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a strong…
Africa’s FDI Stuck at 4–6% Despite Global Investment Surge, New Report Warns
Africa’s share of global foreign direct investment (FDI) has remained trapped between 4% and 6%, according to a new report…
Edun Pushes for Lower Borrowing Costs at IMF and World Bank Meetings Amid Rising Global Pressures
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is heading into the 2026 Spring Meetings of…
NGX All-Share Index Crosses 204,000 as Nigerian Stock Market Hits Record High Despite Lower Trading Volume
The Nigerian stock market opened the week on a positive note as the NGX All-Share Index rose to 204,458.9 points…
Nigeria Crude Oil Production Rises to 1.38mbpd in March 2026 as OPEC Reports Modest Recovery
Nigeria’s crude oil production recorded a slight improvement in March 2026, rising to 1.38 million barrels per day (bpd), according…
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch Warns
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to Fitch…
Africa Risks Delay in $113bn Energy and Port Projects as Gulf Investment Review Threatens Infrastructure Pipeline
Africa’s ambitious push to expand its infrastructure and energy capacity may be facing a new setback as Gulf nations reconsider…
Global Smartphone Shipments Fall 6% in Q1 2026 Amid AI Chip Demand and Middle East Tensions
Global smartphone shipments fell by 6 percent year-on-year in the first quarter of 2026, marking one of the steepest quarterly…
UAE and India Lead Ghana Exports in 2025 as Trade Concentration Deepens
Ghana’s export earnings in 2025 were heavily dominated by a small group of international partners, with the United Arab Emirates…
OpenAI Acquires AI Personal Finance Startup Hiro in Strategic Talent-Driven Deal
OpenAI has acquired AI-powered personal finance startup Hiro Finance, according to an announcement from founder Ethan Bloch on Monday and…
Asia Markets Rise on U.S.-Iran Deal Hopes as China Export Growth Slows
Asia-Pacific markets closed mostly higher on Tuesday as investors held onto cautious optimism that a diplomatic breakthrough between the United…