Naira Faces Depreciation Pressure as CBN Slashes Interest Rate to 23% — Rewane
The naira could come under renewed depreciation pressure following the Central Bank of Nigeria’s (CBN)…
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NSIA, Africa50 launch $300m Nigeria DRE Fund to accelerate renewable energy…
The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) have…
Nasdaq Hits Record High as AI Stocks Surge, Oil Prices and Treasury Yields Ease
U.S. stocks started the week on a strong note, with the Nasdaq Composite jumping 2.26% to close at a record…
Congo Turns to Nigeria’s Local Content Model to Boost Indigenous Oil Companies
The Republic of Congo is looking to Nigeria’s local content model to strengthen indigenous participation and help…
ChatGPT Dominates AI Chatbot Market With 79.4% Global Share, Gemini Gains Ground
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AI Could Soon Create ‘Robot Relations’ Departments in the Workplace
The rise of artificial intelligence in the workplace could soon force companies to rethink the traditional…
IHS Nigeria Pushes for More Sustainable Telecom Infrastructure as Industry…
IHS Nigeria has renewed its commitment to building a more sustainable, resilient and inclusive…
67.4% of Nigerians Back Petrol Subsidy Return as Fuel Prices Dominate Public…
A new survey by SBM Intelligence has revealed that 67.4 per cent of Nigerians surveyed want the Federal…
World Bank Urges Nigeria to Build Digital Data Platforms for AI-Powered…
The World Bank has called on Nigeria and other African countries to develop national agricultural data platforms…
Oil Prices Fall as Trump Signals Progress in US-Iran Talks
Oil prices fell on Wednesday as investors reacted to signs of possible diplomatic progress between the…
Dangote, marketers slash petrol prices as crude oil falls below $100
The Dangote Petroleum Refinery and other petroleum marketers have reduced their depot prices for Premium…
Airtel Money Set for London IPO as Fintech Business Reaches 53 Million Users
Airtel Money is preparing to take a major step in its expansion journey with plans to list its shares on the…
Edible Oil Tanker Drivers Suspend Strike After FG, DSS Intervention
Nigeria’s edible oil tanker drivers have suspended their planned industrial action, averting a potential…
Digital Invoicing Must Unlock Affordable Working Capital for Nigerian SMEs,…
Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has called for the country’s National…
Dangote Plans 2028 IPO for Fertiliser Business as Group Deepens NGX Presence
President of Dangote Industries Limited, Aliko Dangote, has announced plans to list the group’s fertiliser…
Meta Admits Muse Was Heavily Inspired by OpenClaw as AI App Surges in Popularity
Meta has acknowledged that its new AI assistant, Muse, was heavily inspired by the open-source AI agent OpenClaw,…
CBN Cuts Interest Rate to 23% as Inflation Eases, Lowest Level Since February 2024
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) to 23 percent, marking the first…
Nigeria’s Foreign Reserves Hit $55 Billion, Highest Level in Over 18 Years
Nigeria’s foreign reserves have crossed the $55 billion mark, reaching their highest level in more than 18…
CBN’s 350bps Rate Cut Could Spur Economic Growth, Raise FX Pressure Risks
The Central Bank of Nigeria (CBN) has taken a major step toward supporting economic growth, cutting its…
Cash Outside Banks Rises to N4.87 Trillion in August After Three-Month Decline
Cash outside banks in Nigeria rose to N4.87 trillion in August 2026, reversing a three-month downward trend,…
NGX Chief Popoola Says Africa’s Next Capital Market Opportunity Lies in Unlocking…
Africa’s capital markets could be entering a new phase as the focus shifts from relying heavily on foreign…
Strait of Hormuz Shipping Traffic Plunges as Saudi Arabia Boosts Oil Exports
Shipping activity through the Strait of Hormuz has fallen sharply, highlighting growing pressure on one of the…
Pertamina Eyes Nigeria’s 2026 Oil Licensing Round as Investment Interest Grows
Indonesia’s state-owned energy company, Pertamina, is exploring investment opportunities in…
Dangote Expands Refinery, Acquires 4,000 Machines to Raise Capacity to 1.4 Million…
Dangote Industries Limited has stepped up plans to expand its Lekki refinery in Lagos, acquiring an…
NMDPRA Says It Does Not Fix Petrol Prices as Pump Prices Rise to N1,450
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that it…
Dangote IPO Could Transform Nigeria’s Capital Market as Millions Gain Access to…
The Dangote IPO Nigeria is emerging as more than a landmark share sale for Africa’s biggest refinery. The…
CPPE Raises Alarm Over Growing Presence of Foreign Traders in Nigeria’s Retail…
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the growing…
Brent Crude Falls to $101.71 as US-Iran Diplomacy Hopes Weigh on Oil Prices
Oil prices started the week lower as investors reacted to growing hopes of renewed diplomatic talks…
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…
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…