BOI Signs $170 Million iDICE Fund Deal to Accelerate Nigeria’s Tech and Creative…
Nigeria’s drive to strengthen its technology and creative industries has received a major boost as the Bank of…
Daily Archives
July 2, 2026
India Halts WhatsApp Username Rollout Amid Rising Cyber Fraud Concerns
India has asked Meta to suspend the planned rollout of WhatsApp’s new username feature, raising concerns that the…
Apple Expands iPhone Lineup With Foldable Devices as Global Chip Shortage Reshapes…
Apple is reportedly preparing one of its most ambitious product expansions in years, with plans to introduce at…
Firm deploys AI, WhatsApp to boost learning in varsities
Nigeria’s education technology sector has received a significant boost with the launch of Gemnex, a new artificial…
AI partnership to help firms automate compliance
Dun & Bradstreet has entered a strategic partnership with artificial intelligence company Anthropic to enhance…
Arahas Global Appoints Folake Soetan to Drive Oilfield Services Transformation…
Arahas Global Oilfield Services has appointed renowned energy executive Folake Soetan as its new Managing Director,…
NNPC Revenue Drops by N636bn Despite Stable Oil Production as Profit Declines in…
Nigeria's national oil company, the Nigerian National Petroleum Company Limited (NNPC), recorded a significant…
7 NGX-Listed Companies Set to Pay Dividends in July 2026 as Investors Eye Strong…
Despite recent volatility on the Nigerian Exchange (NGX), investors have something positive to look forward to in…
Naira Falls 1.1% in June Despite Strong FX Liquidity as Market Confidence Grows
Nigeria’s currency market showed signs of growing resilience in June 2026 as the naira recorded only a marginal…
Nigerian Stock Market Loses N2.39tn as Investors Dump Major Stocks in July Opening…
The Nigerian stock market began the month of July on a weak footing, wiping out N2.39 trillion in investor wealth…
Tinubu Backs Digital Trade Revolution to Unlock Africa’s $3.4 Trillion Market
President Bola Tinubu has reaffirmed Nigeria’s commitment to driving Africa’s digital trade revolution, saying his…
U.S. Stock Futures Remain Volatile Ahead of Key Jobs Report as Investors Assess…
U.S. stock futures traded cautiously on Thursday as investors awaited the release of a crucial employment report…
NGX unveils 2025 midyear index assessment results
The Nigerian Exchange Limited (NGX) has announced the results of its highly anticipated 2025 Midyear Index Review,…
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Violations
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country,…
Afreximbank Invests 80% of Resources in Africa to Drive Infrastructure and…
The African Export-Import Bank (Afreximbank) has revealed that about 80 per cent of its balance sheet is currently…
CBN Caps Suspension of Payment Obligations for Troubled Banks at Two Business Days
The Central Bank of Nigeria (CBN) has introduced a major regulatory update that limits the suspension of payment…
IMF Flags Missing Public Spending in Nigeria’s Budget, Says 2% of GDP Went…
The International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal reporting, revealing that public…
NGX Opens July with N2.39 Trillion Loss as Profit-Taking Hits Dangote Cement,…
The Nigerian Exchange (NGX) began the month of July with a significant setback as investors lost approximately…