SEC Approves N6.94 Billion Beta Glass Takeover Offer by Emerald HoldCo
The Securities and Exchange Commission (SEC) has approved a mandatory takeover offer worth N6.94 billion by Emerald HoldCo B.V. for…
Day: July 7, 2026
China Weighs Restricting Global Access to Advanced AI Models Amid National Security Concerns
China is considering tighter controls on who can access its most advanced artificial intelligence models, a move that could significantly…
Nigerian Stocks Poised for Fresh Rally as Smart Investors Target NGX Opportunities
Nigeria’s stock market is showing renewed strength, with investors closely watching for the next major rally on the Nigerian Exchange…
FG Seeks Community Backing for Dangote Industrial City and Africa’s Largest Deep Seaport Project
The Federal Government has appealed to residents and stakeholders in Ogun and Ondo states to fully support the proposed Dangote…
NOG Energy Week, Microfinance Bank Liquidation Lead Major Business Developments This Week
Nigeria’s business landscape is set for another eventful week as key developments across the energy, banking, and financial sectors take…
UN Chief Warns AI Is Outpacing Global Regulations as Risks Grow Worldwide
Artificial intelligence is evolving at a speed that governments and regulators are struggling to match, according to United Nations Secretary-General…
Tinubu orders probe of Meta, Google, AI platforms
President Bola Tinubu has ordered a major investigation into some of the world’s biggest technology companies, including Meta, Google, X…
TCL Launches AI-Powered Smart Home Products in Nigeria, Eyes Local Assembly Expansion
Global consumer electronics giant TCL has strengthened its commitment to the Nigerian market with the launch of its 2026 lineup…
Dangote Refinery Spends $4.48bn on Crude Imports as Fuel Price Relief Looms for Nigerians
Africa’s largest refinery, the Dangote Petroleum Refinery, spent an estimated $4.48 billion importing 40.4 million barrels of crude oil over…
AfCFTA Digital Trade Forum Calls for Faster Implementation of Africa’s Digital Trade Protocol
The African Continental Free Trade Area (AfCFTA) Digital Trade Forum 2026 has ended with a strong call for member states…
Nigeria Revenue Service Generates N21.6 Trillion in Six Months as Tax Reforms Drive Record Revenue Growth
Nigeria’s revenue drive has gained significant momentum, with the Nigeria Revenue Service (NRS) generating an impressive N21.6 trillion in the…
Nasdaq Futures Slide as Chip Stocks Tumble, Raising Concerns Ahead of Q2 Earnings Season
U.S. stock futures traded mixed on Tuesday as a fresh wave of selling in semiconductor stocks dragged Nasdaq futures lower,…
Nigerian Stocks Gain N3.17 Trillion as Market Rally Pushes NGX Above 234,000 Points
The Nigerian stock market continued its impressive recovery on Monday, delivering a massive N3.17 trillion gain for investors as renewed…
CBN Targets Record N1.35 Trillion Liquidity Withdrawal with N2 Trillion Treasury Bill Sale in July
The Central Bank of Nigeria (CBN) is set to launch its largest Treasury Bill (T-bill) issuance programme of 2026, with…
DMO Unveils July 2026 FGN Savings Bond at Record 15.716% Interest Rate, Highest Return This Year
The Debt Management Office (DMO) has launched the July 2026 FGN Savings Bond, offering Nigerians an opportunity to earn up…
Petrol Price May Drop Below N800 as Marketers Push for Import Rights
Nigerians may soon see significant relief at the fuel pumps as independent petroleum marketers project that the price of Premium…
Nigeria lost about N2.4 trillion to grid underutilisation since 2015: NISO
Nigeria has lost an estimated N2.4 trillion in capacity payments over the past decade due to the underutilisation of its…
Dangote Cement Share Slump Wipes N4.23 Trillion Off Aliko Dangote’s Wealth Amid Market Repricing
Africa’s richest man, Aliko Dangote, has suffered a significant paper loss after a sharp decline in the share price of…
Tony Elumelu Steps Down as UBA Chairman After 12 Years, Emmanuel Nnorom to Lead Next Growth Phase
After more than a decade at the helm of one of Africa’s most influential financial institutions, Tony Elumelu is set…