Nigerian Stock Market Slips Again as Profit-Taking Extends Losing Streak
The Nigerian equities market extended its losing streak on Monday as investors continued to lock in profits from last week’s…
Day: July 28, 2026
IMF Sounds Alarm on AI Risks, Calls for Stronger Financial Oversight
Artificial intelligence is rapidly transforming the global financial system, but the International Monetary Fund (IMF) says regulators must act faster…
CBN directive drives investment in data centres
Nigeria’s digital economy is set for a major boost following the Central Bank of Nigeria’s (CBN) directive requiring all payment…
Anthropic CEO Clarifies AI Stance, Warns Bigger Threat Lies in China’s AI Ambitions
As the global debate over artificial intelligence continues to intensify, Anthropic CEO Dario Amodei has moved to clear the air…
Stock market opens week with N77bn decline
The Nigerian stock market began the new trading week on a weaker footing as investors recorded a combined loss of…
China’s Nigeria Investment Falls Despite $20bn Pledge
Despite a high-profile pledge of more than $20 billion in investment commitments, capital inflows from China into Nigeria have dropped…
Nigeria’s FX Market Hits Record $4.4 Billion Turnover
Nigeria’s foreign exchange market has reached a historic milestone, recording its highest weekly turnover of 2026 as trading activity surged…
Nigeria’s manufacturers say they are sinking, with no relief in sight
Nigeria’s manufacturing sector is facing one of its toughest periods in recent years as soaring production costs, expensive energy, and…