FG Raises N1.1 Trillion in First 2026 Treasury Bills Auction Amid Strong Investor Demand
Nigeria’s Debt Management Office (DMO) successfully raised N1.144 trillion at its first Treasury Bills auction of 2026, signaling strong investor…
Author: ayotilewa
Champion Breweries Launches N42 Billion Public Offer to Acquire Bullet Brand
Champion Breweries Plc has officially launched a N42 billion Public Offer of ordinary shares priced at N16 each to fund…
UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue
The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central Bank of…
Nigeria’s Current Account Set to Hit $18.81 Billion in 2026, Says President Tinubu
President Bola Tinubu has projected that Nigeria’s current account balance will climb to $18.81 billion in 2026, up from $16.94…
Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation
President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion market capitalisation mark, calling…
Selective Buying Boosts Nigerian Stock Market by N137 Billion Amid Key Gains
The Nigerian stock market continued its upward momentum on Tuesday, recording a gain of N137 billion as investors focused on…
OpenAI Acquires Convogo Team to Boost AI Cloud Expertise
OpenAI has kicked off 2026 with another strategic acqui-hire, bringing the team behind executive coaching platform Convogo on board. The…
Oil Prices Rebound as Venezuela Developments Ease Market Jitters
Global oil prices climbed on Thursday, snapping a two-day losing streak as investors shifted focus to unfolding developments in Venezuela…
UK Investors Drive 65% of Nigeria’s Foreign Capital Inflows in 2025
Nigeria attracted about 65 per cent of its foreign capital inflows from investors in the United Kingdom over the past…
CBN Projects Petrol Price at N950/Litre in 2026 Amid FX Stability and Refining Gains
The Central Bank of Nigeria (CBN) has projected that petrol pump prices will hover around N950 per litre in 2026,…
Dangote Refinery–Marketers Fuel Deal Collapses as Pricing Dispute Triggers Import Surge
The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers has collapsed barely a month after…
US Banks Set for Strong Q4 Earnings Boosted by Investment Banking Rebound
Major United States banks are heading into the fourth-quarter earnings season with optimism, driven by a notable rebound in investment…
Nigeria Posts N12 Trillion Trade Surplus as Non-Oil Exports Soar 21% in H1 2025
Nigeria recorded a N12 trillion trade surplus in the first half of 2025, fueled by a 21 percent increase in…
OpenAI Launches ChatGPT Health: Personalized AI Guidance for Your Medical Data
OpenAI has officially launched ChatGPT Health, a dedicated feature designed to help users manage and understand their personal medical information.…
Larry Page Net Worth Hits $263.8 Billion as Alphabet Shares Soar
Larry Page, co-founder and board member of Alphabet Inc., has added an estimated $6.1 billion to his net worth following…
Naira Outlook 2026: Experts Say Rising FX Inflows Could Drive Stronger Currency Gains
Economic analysts and Bureau De Change (BDC) operators say Nigeria’s naira is well positioned for stronger gains and improved stability…
GenCos’ Power Invoices Drop by ₦80.56bn in Q3 2025 as Weak Demand Hits Electricity Market
Nigeria’s power generation companies (GenCos) recorded a sharp drop of ₦80.56bn in invoices in the third quarter of 2025, driven…
OPEC Holds Oil Output Steady Despite Geopolitical Crises and Market Turmoil
The Organisation of Petroleum Exporting Countries and its allies, collectively known as OPEC+, has decided to keep oil production levels…
New Tax Laws Promise Fairer, Growth-Driven Economy — Tegbe
The Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe, has described the Nigerian Tax Reform Acts 2025 as…
Tax Law Reform Triggers ₦5tn VAT Windfall for States in 2026
Nigeria’s 36 states are set for a major revenue boost in 2026, as a new Value Added Tax (VAT) sharing…
Asia‑Pacific Markets Slide as Trump’s Defense Crackdown and Oil Price Shift Shake Investor Confidence
Asia‑Pacific markets mostly declined on Thursday as investors reacted to renewed geopolitical tensions and policy shifts from the United States…
Nigerian Stock Market Gains N409.66bn on Seplat, Boosting Investor Confidence
The Nigerian Stock Market recorded a strong bullish trend yesterday, adding N409.66 billion to market capitalization as investors showed increased…
Samsung Profit Set to Triple to Record High Amid AI-Driven Chip Boom
Samsung Electronics has projected a staggering three-fold increase in its fourth-quarter operating profit, marking a new record for the world’s…
Top African AI Products That Stood Out in 2025
Artificial intelligence (AI) dominated tech conversations in 2025, capturing headlines and sparking debates on job security, regulation, and safety. While…
Ford Unveils AI Assistant and Next-Gen BlueCruise Tech for Hands-Free Driving
Ford is stepping up its technology game with the announcement of a new AI assistant and an upgraded BlueCruise driver-assistance…
Google and Character.AI Reach Settlements in Teen Chatbot Death Cases
Google and AI startup Character.AI are negotiating the first major settlements over claims that their chatbots contributed to teen deaths…
Naira Hits Record High of N1,418.26 as EFEMS Reforms Boost Market Confidence
The naira reached a record high of N1,418.26 against the US dollar in the official foreign exchange market on Wednesday,…
Ghana’s Inflation Falls to Four-Year Low as Currency Surges
Ghana’s annual inflation eased to 5.4 percent in December 2025, marking the lowest rate since a consumer price rebasing exercise…
European defense stocks extend rally amid geopolitical tensions; Leonardo jumps 4%
European defense stocks extended their rally on Thursday as investors reacted to rising geopolitical tensions and fresh signals from U.S.…
Oil Prices Fall as Trump Moves to Secure $2bn Venezuelan Crude Supply
Global oil prices slipped on Wednesday as markets reacted to signals of a potential supply surge after US President Donald…