AKK Gas Pipeline Project Set to Revolutionize Nigeria’s Economy and Industrial Growth
Nigeria’s ambitious $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project is being described as a game-changer that could reshape the country’s…
Author: ayotilewa
Institute Advocates AI Adoption
Artificial intelligence (AI) is rapidly shifting from a theoretical innovation to a powerful driver of transformation across industries, according to…
Intel Foundry Business Gains Momentum as CEO Signals New Customer Deals and Manufacturing Breakthrough
Intel is seeing renewed optimism around its foundry business as CEO Lip-Bu Tan says the company’s external chip manufacturing arm…
CBN Monetary Policy Rate Decision: Analysts Expect Hold at 26.5% Amid Rising Inflation Pressures
Analysts are widely expecting the Central Bank of Nigeria (CBN) to keep its Monetary Policy Rate (MPR) unchanged at 26.5%…
Anthropic Acquires Stainless: AI Giant Strengthens Dev Tools Control with Major Startup Deal
Artificial intelligence company Anthropic has officially acquired the developer tools startup Stainless, a company whose software is already widely used…
US–Iran Crisis Pushes Nigerian Crude Toward $120 as Global Oil Prices Surge
Nigeria’s crude oil market is once again feeling the heat of global tensions, as the ongoing US–Iran crisis drives prices…
Asia Markets Mixed as Oil Prices Ease After Trump Delays Iran Strike Amid Global Uncertainty
Asia-Pacific financial markets traded in a mixed pattern on Tuesday as investors reacted to easing oil prices and renewed geopolitical…
Nigerian Stock Market Dips as Investors Lose N81bn Amid Profit-Taking Pressure
The Nigerian equities market started the week on a weak note as investors recorded losses of about N81bn following a…
Banks Flood Treasury Bills Market as High Yields Attract Surplus Liquidity in Nigeria
Nigeria’s banking sector is once again turning to government securities as a safe haven, with commercial banks increasingly channeling excess…
CPPE Warns CBN: Further Interest Rate Hikes Could Stall Nigeria’s Economic Recovery
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to tread carefully…
Rank Capital Named Among Africa’s Fastest-Growing Fintechs on FT List
Rank Capital has earned a spot on the Financial Times’ list of Africa’s fastest-growing companies, ranking seventh among fintech firms…
Aradel Leads N37.02bn NGX Turnover as Oil Stocks Drive Mixed Market Performance on Monday
The Nigerian Exchange (NGX) started the week on a mixed note as Aradel Holdings Plc emerged as the standout performer,…
SEC Nigeria Approves T+1 Settlement Cycle to Modernize Capital Market from June 1, 2026
Nigeria’s Securities and Exchange Commission (SEC) has announced a major shift in how trades are settled in the country’s capital…
Dangote Refinery reduces Jet Fuel Price to N1,650
Nigeria’s aviation industry has received a major boost as Dangote Petroleum Refinery & Petrochemicals announced a reduction in the price…
AFC Unveils $100 Million Investment Plan to Boost Africa’s Tech Startups and Digital Economy
Africa’s technology sector is set for a major boost as the Africa Finance Corporation (AFC) announced plans to invest up…
European Markets Rise as Trump Pauses Iran Strike, Germany Launches Uniper Privatization Plan
European stock markets climbed on Tuesday as investors reacted positively to easing geopolitical tensions in the Middle East and major…
Africa Soft Power to hold conference on ownership gaps in Africa’s creative economy
Africa’s rapidly expanding creative industry is set to take center stage as the 2026 Africa Soft Power (ASP) Summit kicks…
N4.65 Trillion Bank Recapitalisation: Nigerian Banks Face Pressure to Turn Capital Into Real Growth
After successfully raising a combined N4.65 trillion to meet the Central Bank of Nigeria’s (CBN) recapitalisation requirements, Nigerian banks are…
Samsung Union Strike Threat: Talks Extended as Global Chip Supply Chain Faces Disruption Risk
Samsung Electronics and its labour union have agreed to extend negotiations until Tuesday in an urgent effort to prevent what…
High Energy Prices Could Derail Europe’s AI Race Against the U.S. and China
Europe is racing to compete with the United States and China in the fast-growing artificial intelligence sector, but rising electricity…
Elon Musk vs OpenAI Trial Ends With One Big Question: Can Sam Altman Be Trusted?
The legal battle between Elon Musk and OpenAI has reached its final stage, with closing arguments now complete and the…
Brent Crude Oil Prices Surge Above $111 as Middle East Tensions Fuel Supply Shock Fears
Oil prices surged sharply in early Asian trading on Monday, with Brent crude crossing the $111 mark as renewed geopolitical…
Foreign Investors Deepen Interest in Nigeria’s Refinery Sector as Global Confidence Grows
Nigeria’s refinery and downstream petroleum industry is witnessing a fresh wave of global attention as foreign technical experts and investors…
Federal Government Unveils Smart National Transport Databank to Revolutionize Nigeria’s Transport System
The Federal Government has announced plans to establish a Smart National Transport Databank (SNTDB) aimed at transforming Nigeria’s transport system…
CBN, CIBN Push for Stronger Female Leadership in Banking as Lagos Hosts Maiden AWBFA Conference
The conversation around female banking leadership in Africa took center stage in Lagos as the African Women in Banking and…
Stock Futures Drop After Record Wall Street Rally as Investors Brace for Nvidia Earnings and Rising Oil Prices
Stock futures slipped early Monday after a strong, record-setting week on Wall Street, signaling a cautious start as investors shifted…
Nigerian Stock Market Surges as Investors Trade N374bn Worth of Shares in a Week of Strong Rally
The Nigerian capital market ended last week on a strong bullish note, with investors exchanging an impressive 7.77 billion shares…
West African Ports Vital to Global Economic Survival, Says NPA Boss
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has emphasized that West African ports play a…
FGN Bonds and T-Bills Deliver Peak Returns in Q1 2026 as 364-Day Treasury Bill Hits 18.47%
Nigeria’s fixed-income market recorded some of its strongest sovereign returns in recent years during the first quarter of 2026, before…
Oil Prices Near $110 as Trump Warns Iran Over Strait of Hormuz Crisis
Oil prices climbed sharply toward $110 per barrel on Sunday, reaching about $109.3 as rising tensions in the Middle East…