Nvidia Partners Unitree to Power Next-Gen Humanoid Robots as AI Robotics Race Accelerates
Nvidia has taken a bold step deeper into the robotics industry by selecting Chinese startup Unitree as its key partner…
Day: June 1, 2026
AI Psychosis Debate Heats Up as Tech CEOs, Google, and DuckDuckGo Signal Growing AI Backlash
A growing debate over what some are calling “AI psychosis” is intensifying in the tech world, sparked by Box founder…
Nigeria’s Crude Oil Sector Grows 16.4% Despite Falling Production — Signs of a Quiet Recovery Emerging
Nigeria’s crude petroleum sector has posted a surprising 16.37% year-on-year growth in the first quarter of 2026, signaling a rebound…
NNPC Profit Soars to N481bn as Revenue Hits N4.97tn in April 2026 Amid Oil Output Recovery
The Nigerian National Petroleum Company Limited (NNPC) has reported a strong financial performance for April 2026, posting a profit after…
Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn Milestone
Nigeria’s external reserves have climbed to $49.26 billion, marking a four-month high and edging closer to the symbolic $50 billion…
CBN Extends PoS Geo-Fencing Enforcement Deadline to July 31, 2026 Amid Compliance Push
The Central Bank of Nigeria (CBN) has announced an extension of the enforcement deadline for its Point of Sale (PoS)…
Tinubu’s Economic Reforms Stabilise Nigeria’s Economy, But Welfare Gains Still Lag – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) says President Bola Tinubu’s first three years in office have largely…
South Korea Stocks Surge to Record High as Asia Markets React to Trump’s Iran Deal Stance
South Korean equities climbed to a fresh record high on Monday, with the Kospi index jumping 3.68% to 8,788.38, defying…
NGX Stock Market Turnover Drops 31% to N111bn Amid Holiday-Shortened Trading Week
The Nigerian stock market ended a shortened trading week on a softer note, as equity traders exchanged about N111.48 billion…
NECA: Economic Reforms Fail to Ease Pressure on Nigerian Businesses Amid Rising Costs
Despite ongoing economic reforms in Nigeria, the Nigeria Employers’ Consultative Association (NECA) says many businesses are still struggling under heavy…
Nigeria Stock Market Switches to T+1 Settlement as Investors Set for Faster Cash Turnaround
Nigeria’s capital market has entered a new era of speed as a fresh trading rule officially takes effect, cutting the…
Nigeria Capital Market Gains N60 Trillion in Five Months as Investor Confidence Soars
The Nigerian capital market has delivered a stunning performance in 2026, recording a massive wealth surge of over N60 trillion…
Nigeria Shifts From Economic Reforms to Growth Phase — Oyedele
Nigeria is entering a new phase of its economic journey, moving from painful reforms into a period of expected growth,…
Nvidia Enters the PC Market with N1X Arm Chip as Microsoft, Dell, HP Back New AI-Powered Laptops
Nvidia is making a bold move beyond its dominance in AI data centers, stepping directly into the personal computer market…
European Stocks Slip as Defense Sector Surges on Ukraine’s $105B EU Loan Boost
European shares ended lower on Thursday as investors reacted cautiously to rising geopolitical tensions and mixed economic signals from global…
Nigeria Spends £1.1bn on UK Refined Oil as Fuel Import Dependence Persists in 2025
Nigeria’s dependence on imported fuel remains a major talking point in its energy sector, as new data shows the country…
Nigeria’s Banks Face Rising Bad Loans as CBN Ends Regulatory Forbearance, NPL Ratio Hits 8.03%
Nigeria’s banking sector is under fresh pressure as bad loans climbed to 8.03 per cent in January 2026, following the…
Dangote Refinery Becomes World’s Largest Jet Fuel Exporter Amid Global Supply Disruptions
Nigeria’s Dangote Petroleum Refinery has achieved a major milestone, emerging as the world’s largest exporter of jet fuel in April…
Top Nigerian Stocks in May 2026: Learn Africa Leads Investors’ Attention with Strong Rally
Learn Africa Plc emerged as one of the best-performing Nigerian stocks in May 2026, delivering a remarkable 37.10% return and…
Naira Ends May at N1,372/$ as FX Market Stability Boosts Investor Confidence
The Nigerian naira ended May 2026 at N1,372 against the United States dollar, marking a relatively stable performance despite ongoing…