India Becomes Second-Largest Market for ChatGPT with 100M Weekly Users, Says Sam…
India now hosts 100 million weekly active ChatGPT users, making it one of OpenAI’s fastest-growing markets, CEO Sam…
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Nigeria Business Events This Week: January Inflation Report and Circular Economy…
Nigeria’s business calendar is packed with high-profile events from February 16 to 21, offering insights into the…
Pension Reforms Spark NGX Rally as Market Gains N6.79tn in Historic 6.16% Surge
Nigeria’s stock market delivered one of its strongest weekly performances in recent memory after sweeping pension…
Tax Reforms to Modernise Nigerian Economy – Iyabo Masha Ahead of G-24 Meeting
Nigeria tax reforms will play a central role in modernising the economy and strengthening public finances,…
Lagos Lists N244.8bn Bonds on NGX to Boost Infrastructure and Green Projects
The Lagos State Government has officially listed two major bond instruments worth N244.815bn on the Nigerian…
CBN Imposes Up to N10 Million Fines for Cheque Security Violations in Nigeria…
The Central Bank of Nigeria (CBN) has announced a major overhaul of penalties for banks and cheque printers that…
Naira Strengthens to N1,430/$ at Parallel Market as CBN Boosts Liquidity
The naira strengthened to trade between N1,425 and N1,430 per dollar at Nigeria’s parallel market following the…
Lagos State Secures AA-(NG) Rating on ₦230 Billion Bond Issue to Boost…
Lagos State has successfully secured an AA-(NG) national scale rating with a stable outlook from Global Credit…
Nigerian Equities Market Gains N283bn as Strong Buy-Side Support Drives Optimism
The Nigerian equities market continued its upward momentum yesterday, recording a significant N283 billion gain,…
Trump Tariffs Trigger Record $3.5 Billion Customs Bond Shortfall for U.S.…
A record number of U.S. importers are struggling to meet federal financial requirements due to tariffs introduced…
Elon Musk Unveils Moonbase Alpha Vision for xAI and SpaceX: The Future of AI in…
Elon Musk is charting a bold new course for his companies SpaceX and xAI with a vision that stretches far beyond…
Nigeria Must Act Fast to Harness AI: Adeoye Abodunrin Warns of Economic Risks
Artificial intelligence (AI) is no longer a distant possibility—it is transforming economies, industries, and the…
CBN Imposes N10 Million Fine on Banks Using Unaccredited Cheque Printers
The Central Bank of Nigeria (CBN) has taken a firm stand on cheque security by imposing a N10 million fine on…
NBET Budget Release 2025 Falls Far Short: Only N60 Million Released from N858…
The Nigerian Bulk Electricity Trading (NBET) Plc has revealed that only N60 million was released from its N858…
Seplat Leads NGX Rally as Nigerian Exchange Hits 441-Point Gain
The Nigerian Exchange (NGX) extended its winning streak on 12 February 2026, closing 441.3 points higher at…
BOI Disburses N636bn in 2025, Tinubu Says Reforms Driving Nigeria’s Economic…
President Bola Ahmed Tinubu has praised the Bank of Industry (BOI) for achieving a historic N636 billion in loan…
Nigeria’s Telecom Policy Overhaul Drives $1 Billion Private Investment in Digital…
Nigeria’s revamped telecommunications policies are paying off, attracting more than $1 billion in private…
Nigeria’s Trade and Investment Soars: FG Reports $21bn Capital Inflows in 2025
The Federal Government of Nigeria is stepping up its trade and investment agenda after a remarkable rebound in…
Nigerian-American Chamber Summit 2026 Aims to Boost Economic Stability in Nigeria
The Nigerian-American Chamber of Commerce (NACC) is set to host its 2026 Annual Breakfast Roundtable in Lagos,…
Asia Markets Slide as AI Fears Shake Global Stocks
Asian stock markets fell on Friday, tracking losses in the U.S. as investor anxiety over artificial intelligence…
Dollar Inflows Surge to $3 Billion in January, Boosting Hopes for Nigerian…
Nigeria may be on the verge of easing its high interest rates as improved foreign exchange (FX) liquidity…
CBN Recalibrates BDC Guidelines to Strengthen Nigeria’s Forex Market
The Central Bank of Nigeria (CBN) has announced recalibrated guidelines for licensed Bureau De Change (BDC)…
NNPC 2025 Revenue Hits N60.5 Trillion as N14.7 Trillion Remitted to Federation…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a remarkable N60.5 trillion in total…
World Bank Endorses Nigeria’s Bank Recapitalisation to Boost Private Sector Growth
The World Bank has applauded the Central Bank of Nigeria’s (CBN) ongoing banking sector recapitalisation, calling…
SEC–NOA Partnership to Curb Illegal Investment Schemes in Nigeria
The Securities and Exchange Commission (SEC) has announced plans to collaborate with the National Orientation…
Nigeria Blackout Fears Rise as Seplat Gas Plant Maintenance Threatens 934MW Power…
Fears of widespread electricity disruptions are mounting across Nigeria following the announcement of scheduled…
Nigeria Underperforms OPEC Oil Quota for Sixth Straight Month Despite January…
Nigeria has once again fallen short of its crude oil production target set by the Organisation of the…
NNPC Warns of Power Dip as Seplat Shuts Gas Plant for Maintenance
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a power dip warning following the planned…
Nigeria’s 15% Minimum Effective Tax Rate Reshapes Investment Strategy for Large…
Nigeria has officially introduced a 15 percent Minimum Effective Tax Rate (ETR) for large domestic companies and…
Nigerian All-Share Index Hits Eight-Day Winning Streak as Transcorp Hotels Soars…
The Nigerian equities market maintained its bullish momentum on 11th February 2026, as the All-Share Index (ASI)…