Ghana Settles $700 Million Eurobond Early, Pays $2.1 Billion to Investors Since 2025
The Government of Ghana has taken another major step in its debt recovery efforts by settling a $700 million Eurobond…
Day: July 6, 2026
FG, Dangote Refinery Meet Marketers Over Fair PMS Pricing as Fuel Costs Remain High
The Federal Government has intensified efforts to ensure fair pricing of Premium Motor Spirit (PMS), commonly known as petrol, by…
Oyedele Rejects IMF Claim of ₦8 Trillion Unreported Spending, Insists No Secret Budget Exists
The Federal Government has firmly rejected claims by the International Monetary Fund (IMF) that Nigeria spent more than ₦8 trillion…
Dangote Cement Sets Sights on 20% Emissions Reduction, 80MTPA Production Capacity by 2030
Dangote Cement Plc has announced an ambitious sustainability roadmap that will see the company reduce its net carbon dioxide (CO₂)…
OPEC+ Approves Fresh Oil Output Increase for August as Global Supply Recovery Gains Momentum
The OPEC+ alliance has approved another 188,000 barrels per day (bpd) increase in oil production for August 2026, signaling its…
Google Play Launches $1 Million Fund to Boost African Game Studios and Global Growth
Google Play has announced a major investment in Africa’s growing gaming ecosystem, unveiling a $1 million equity-free fund aimed at…
Bank Recapitalisation Drained Funds from Nigeria’s Productive Economy, Says Adonri
Nigeria’s banking recapitalisation programme may have succeeded in strengthening the financial sector, but it came at a significant cost to…
Nigeria, 8 others account for 83% of global gas flaring worth $54bn –World Bank
Nigeria has been named among nine countries responsible for more than 83 percent of global gas flaring in 2025, according…
NNPC Begins Evaluation of Chinese Refinery Partnership to Revive Port Harcourt and Warri Plants
The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced a detailed evaluation of its proposed partnership with Chinese firms…
Tinubu Secures $11.4bn World Bank Loans in Three Years, Nears Buhari’s Eight-Year Record
President Bola Tinubu’s administration has secured an impressive $11.4 billion in World Bank loan approvals within just three years, bringing…
Nvidia Kyber AI Rack Delay Raises Questions Over Next-Generation AI Roadmap
Nvidia’s ambitious plans to push the boundaries of artificial intelligence infrastructure have reportedly hit a significant roadblock, as its next-generation…
Nigerian Businesses Hold Ground Despite Rising Costs and Credit Challenges, NESG Report Shows
Nigeria’s business sector continued to show resilience in June 2026, maintaining a steady level of confidence despite mounting economic pressures.…
AfCFTA and Economic Reforms Set to Drive Nigeria’s Investment Growth and Industrial Expansion
Nigeria’s ongoing economic reforms, combined with the opportunities created by the African Continental Free Trade Area (AfCFTA), are expected to…
Naira Remains Stable as CBN Tightens Policy and Rising Oil Output Strengthens FX Reserves
The Nigerian naira is maintaining a stronger footing in 2026, offering a sense of relief to businesses, investors, and consumers…
NGX Loses N13 Trillion in June: How Investors Can Spot Bargains and Avoid Value Traps
Nigeria’s stock market endured a turbulent June 2026, wiping out more than N13 trillion in investor wealth as widespread selloffs…
NGX Records N154bn Share Turnover as Trading Activity Surges 15% Despite Market Decline
Trading activity on the Nigerian Exchange (NGX) gained significant momentum in the week ended July 3, with investors exchanging shares…
Dangote Refinery Overtakes US in Europe’s Jet Fuel Market with N757bn Export Surge
Nigeria’s growing influence in the global energy market received another major boost as the Dangote Petroleum Refinery exported approximately 466,000…