Oil Surges, Global Stocks Tumble as Trump Declares Iran Ceasefire Over
Global financial markets were thrown into fresh uncertainty on Wednesday after United States President Donald Trump declared that the ceasefire…
Month: July 2026
FGN Savings Bond Hits Record 15.716% Return as DMO Opens July 2026 Investment Window
The Debt Management Office (DMO) has opened the July 2026 subscription window for the Federal Government of Nigeria (FGN) Savings…
Dow Futures Tumble 700 Points as Trump Declares Iran Ceasefire ‘Over,’ Oil Prices Surge
Global financial markets were rattled on Wednesday after U.S. President Donald Trump declared that the ceasefire between the United States…
Tinubu Tasks Afreximbank To Drive Africa’s Industrialisation
President Bola Ahmed Tinubu has challenged the African Export-Import Bank (Afreximbank) to take a leading role in driving Africa’s industrial…
EBRD Picks Nigeria as West Africa Growth Hub in Major Expansion Drive
The European Bank for Reconstruction and Development (EBRD) has placed Nigeria at the heart of its ambitious expansion plans in…
CBN Data Localisation Drive Opens New Opportunities as Galaxy Backbone Targets Banks, Fintechs
As Nigeria pushes for greater control over its financial data, Galaxy Backbone (GBB) is positioning itself as a key partner…
Nigeria’s $25bn Oil and Gas Financing Gap Sparks Call for Urgent Investment Partnerships
Nigeria’s oil and gas industry is facing a major hurdle that could slow growth and investment across the sector. Industry…
FG Pressures Oil Marketers as Nigerians Demand Cheaper Petrol Amid Falling Global Oil Prices
The Federal Government has intensified pressure on oil marketers to reduce petrol prices, following growing concerns that Nigerians are not…
PenCom Eyes Bigger Role in Capital Market as Nigeria’s Pension Assets Hit Record N31.32 Trillion
Nigeria’s pension industry has reached a major milestone, with total pension assets climbing to a record N31.32 trillion in May…
OpenAI Gets U.S. Approval for GPT-5.6 Rollout as AI Race Heats Up
OpenAI has reportedly received regulatory clearance from the U.S. Department of Commerce to move forward with the wider release of…
Nigeria’s FDI Surges to $4bn as Oil and Gas Investments Fuel Economic Recovery – UNCTAD
Nigeria’s efforts to attract foreign investment received a major boost in 2025 as foreign direct investment (FDI) inflows more than…
Anthropic Expands Claude Cowork to Mobile and Web as AI Workplace Competition Intensifies
Anthropic is taking another major step in the race to dominate the future of workplace AI, announcing that its Claude…
Flutterwave Secures Circle Ventures Backing, Expands Stablecoin Payments with USDC Settlement
Flutterwave is taking another major step in reshaping Africa’s digital payments landscape after securing a strategic investment from Circle Ventures…
Meta’s New Muse AI Image Generator Sparks Privacy Concerns as Users Question Photo Usage
Meta has officially entered a new phase of the AI race with the launch of Muse Image, a powerful image-generation…
UK targets Nigeria’s digital economy with reforms
The United Kingdom is intensifying its partnership with Nigeria’s rapidly growing digital economy through a series of reforms and investment-driven…
Google Seeks Cooperation as FG Launches Probe Into Big Tech Operations in Nigeria
Google has pledged to cooperate with Nigerian regulators following the Federal Government’s decision to investigate major technology companies over concerns…
Don’t politicise flooding – Lagos govt warns critics
As heavy rainfall continues to test infrastructure across Lagos, the state government has defended its flood-control efforts, insisting that years…
NGX Investors Gain N1.86 Trillion as Half-Year Earnings Expectations Spark Market Rally
The Nigerian stock market witnessed a powerful resurgence on Monday as investors poured funds into equities ahead of the release…
Nigeria’s FX Market Hits Three-Month High as Turnover Climbs to $3.05 Billion
Nigeria’s foreign exchange market has kicked off the third quarter of 2026 on a strong note, recording its highest weekly…
NNPC, Seplat and UTM FLNG Seal 15-Year Gas Deal to Unlock Nigeria’s LNG Potential
Nigeria’s ambition to become a leading global gas powerhouse received a major boost as the NNPC Ltd/Seplat Energy Producing Nigeria…
Put a price on terror: Why Nigeria should place bounties on bandits
As Nigeria continues its battle against banditry, kidnapping, and terrorism, a new proposal is gaining attention: paying for information that…
NGX Rally Adds N1.86 Trillion as Cadbury, NAHCO and Dangote Cement Drive Broad Market Surge
Nigeria’s stock market extended its recovery streak on Tuesday as investors gained an impressive N1.86 trillion in a single trading…
Nigeria’s Banking Assets Surge to N180.37 Trillion as Financial Sector Powers Economic Growth
Nigeria’s financial sector is showing remarkable strength, with deposit money banks recording total assets of N180.37 trillion, equivalent to 41.8…
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…
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…