Anthropic unveils 3 metrics to track the pace of AI development
Artificial intelligence company Anthropic has introduced three new AI development metrics designed to help…
Daily Archives
September 18, 2026
King Charles Warns Tech Leaders of AI Risks as Global Race for Safer Technology…
King Charles III has warned leading technology executives about the “existential dangers” of artificial…
Crude Oil Falls to $103 as Middle East Supply Fears Ease
Global crude oil prices fell by about 2 per cent on Thursday, with Brent crude dropping to $103.13 per…
Nigeria’s Oilserv secures deal to develop two oil and gas blocks in Gabon
Nigeria’s energy infrastructure company Oilserv has signed an agreement with the Gabonese Government to…
Dangote Refinery Sourced 60% of Crude Locally as Nigerian Feedstock Hits 116m…
The Dangote Petroleum Refinery sourced about 60 per cent of its crude feedstock from Nigeria in the 12 months ended…
Nigeria’s Foreign Reserves Rise $12.76bn in One Year to $54.61bn
Nigeria’s gross foreign exchange reserves have climbed by $12.76 billion in one year, reaching $54.61 billion as of…
Nigeria’s Exports to Africa Hit N10.72tn as Oil Dominates Trade Growth
Nigeria’s exports to African countries surged to N10.72tn in the first half of 2026, representing a 122.26 per cent…
FG, States and LGs Share N2.34tn as FAAC Revenue Falls 22.2%
The Federal Government, states and local government councils shared N2.338 trillion in August 2026 revenue, marking…
US Stock Futures Rise After Post-Fed Rally as Investors Refocus on AI Stocks
U.S. stock futures edged higher on Friday, September 18, as investors extended the positive momentum from Wall…
Dangote Applauds NGX Leadership as Capital Market Transformation Gains Momentum
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has commended the leadership of…
9 Companies Dominate NGX, Control 68% of N157.7trn Market Capitalisation
Nigeria’s equity market is becoming increasingly concentrated in a handful of major companies, with nine firms…
NGX investors gain N1.1trn in three days as stocks rally despite Dangote IPO…
The Nigerian Exchange (NGX) recorded a N1.1 trillion increase in market capitalisation over three trading sessions,…
Nigerian Equities Extend Winning Streak to Five Sessions, Market Cap Gains N316bn
The Nigerian equities market extended its bullish run to a fifth consecutive trading session on Wednesday, as…
Nigeria Raises N748.6bn From FGN Bonds as Borrowing Rates Ease
Nigeria’s Federal Government has raised N748.64bn through its September 2026 FGN bond auction, as investors showed…
FG Begins Six-Week Review of Nigeria’s New Tax Laws Amid Business Concerns
The Federal Government has commenced a six-week review of Nigeria’s new tax laws following concerns from businesses…
Dangote Refinery Defends $49bn Valuation as Global Rivals Face Mounting Pressure
The Dangote Petroleum Refinery is defending its proposed valuation of nearly $49 billion, arguing that its…
Naira Devaluation Lifts Foreign Subsidiaries’ Earnings Contribution to Nigerian…
The sharp depreciation of the naira between 2023 and 2024 has significantly increased the contribution of foreign…
Seplat Energy Shares Hit Record N14,907 as Oil Market Disruptions Drive Investor…
Seplat Energy shares hit a fresh record on the Nigerian Exchange Limited (NGX), climbing to N14,907.80 as renewed…
NGX Market Cap Rises to N159.9tn as Trading Volume Surges to 1.1bn Shares
The Nigerian Exchange (NGX) extended its bullish run on Thursday, September 17, 2026, as investors added about…
World Bank Mobilises Record $112bn Private Capital for Developing Economies
The World Bank Group has mobilised a record $112 billion in private capital for developing economies in its 2026…