Petrol Prices Drop Along Lagos–Ibadan Expressway as Retailers Battle for Customers
Petrol prices have dropped across parts of the Lagos–Ibadan Expressway as filling stations intensify competition to retain customers, offering lower…
Author: ayotilewa
How Nigeria Can Turn Gas into Power and Economic Growth – Experts Outline Path
As Nigeria observes Gas Day at NIES 2026, energy regulators and government officials are calling for decisive action to turn…
Reddit’s AI Search: The Next Big Growth Driver for the Social Platform
Reddit is looking beyond its role as a social platform and positioning AI-powered search as its next major growth opportunity.…
Google Launches Applications for Startup Accelerator Africa Cohort 10 to Boost AI Innovation
Google has officially opened applications for the 10th cohort of the Google for Startups Accelerator Africa, inviting ambitious Series A…
AI Startups Dominate Global Venture Capital, Securing 53% of 2025 Investments
Artificial intelligence (AI) emerged as the top attraction for global investors in 2025, capturing a record share of venture capital…
Nigeria Launches National Halal Economy Strategy to Capture $1.5 Billion Global Market Share
Nigeria has officially entered the global halal economy race, unveiling its National Halal Economy Strategy in Abuja yesterday. President Bola…
MTN in Advanced Talks to Acquire IHS Towers Stake in $2.76 Billion Deal
MTN Group has revealed that it is in advanced talks to acquire the remaining stake in IHS Towers that it…
FG and IFC Partner to Boost Bankable Infrastructure and Attract Private Investment in Nigeria
The Federal Government (FG) of Nigeria has signed a landmark cooperation agreement with the International Finance Corporation (IFC) to accelerate…
Nigeria’s Telecom Lines Hit Nearly 200 Million as NCC, NDPC Strengthen Data Protection
Nigeria’s telecommunications sector has reached a major milestone, with the country now boasting nearly 200 million active telecom lines, according…
Kenya Opens 50 New Oil and Gas Blocks to Investors in H2 2026
Kenya is making a bold push to rejuvenate its upstream oil and gas sector in 2026, aiming to attract fresh…
BoG and Bank of Rwanda Launch Fintech Passport to Boost Cross-Border Payments in Africa
The Bank of Ghana (BoG) and the Bank of Rwanda are taking a major step toward enhancing financial integration in…
FG Reviews National Agricultural Growth Scheme as Produce Hits N2.31 Trillion
The Federal Government has launched a detailed review of the National Agricultural Growth Scheme (NAGS) and Agro-Pocket Project following the…
Trust Deficit Threatens Nigeria Tax Reform as Citizens Link Compliance to Service Delivery
A growing trust deficit is threatening the success of Nigeria’s latest tax reform, as citizens increasingly link compliance to tangible…
Nigerian Oil Marketers Petition FCCPC Over Alleged Dangote Refinery Price Manipulation
A consortium of Nigerian downstream oil marketers has formally petitioned the Federal Competition and Consumer Protection Commission (FCCPC), urging the…
Nigeria’s Business Confidence Slumps in January Amid Rising Costs and Weak Consumer Demand
Nigeria’s business environment faced mounting challenges in January 2026, as rising operational costs and weakening consumer demand slowed economic activity…
Ghana Eyes Cheaper Fuel from Dangote Refinery as Nigeria Strengthens Its Status as Africa’s Energy Hub
Ghana is exploring ways to secure a more affordable fuel supply from Nigeria, leveraging the country’s growing position as a…
NGX-ASI Breaks 170,000 Points as Investor Buying Surges
The Nigerian stock market achieved a historic milestone on Thursday as the All-Share Index (NGX-ASI) surged past the 170,000-point mark,…
Elon Musk Pushes Ambitious Plan for Orbital AI Data Centers
Elon Musk is taking a bold step toward the future of computing by proposing orbital AI data centers. On Friday,…
2026 Budgets: Lagos Tops As States’ Spending Jumps 45% To N37 Trillion
Nigeria’s 2026 budget cycle is shaping up to be one of the most ambitious in recent years, as proposed spending…
Nigerian Equities Market Gains N1.27 Trillion as Renewed Buying Interest Lifts Stocks
The Nigerian equities market extended its bullish run on Thursday, adding N1.27 trillion in value as renewed buying interest swept…
Dangote Refinery Warns Coastal Fuel Logistics Could Push Petrol Prices to ₦1,000 Per Litre
Dangote Petroleum Refinery has warned that continued dependence on coastal logistics for fuel distribution could drive petrol pump prices as…
Nigeria Treasury Bills Auction Hits ₦4.59 Trillion as Investors Pile In
Nigeria’s Treasury Bills (NTB) market saw an extraordinary surge in investor appetite at the latest primary market auction, with total…
Nigeria Saves N6 Trillion Through Downstream Oil Reforms, Eyes Export Market
Nigeria is making significant strides in reducing its dependence on imported petroleum products, thanks to sweeping reforms in the downstream…
Sahara Group Drives Africa’s Energy Renaissance with Strategic Investments and Partnerships
Sahara Group has once again underscored its dedication to Africa’s energy future at the 2026 Nigeria International Energy Summit (NIES)…
Cybersecurity: The Key Driver of Nigeria’s Digital Economy and Innovation
Experts in information technology have underscored that cybersecurity is vital for Nigeria’s economic growth and digital development, warning that inadequate…
FG and IFC Partner to Attract Private Investment for Nigeria’s Infrastructure Growth
The Federal Government of Nigeria has taken a major step to accelerate infrastructure development by signing a landmark cooperation agreement…
CBN PMI Hits 55.7 in January 2026, Marking 14 Months of Economic Expansion
Nigeria’s economy maintained a strong growth trajectory in January 2026, with the Central Bank of Nigeria’s (CBN) composite Purchasing Managers’…
VAT Allocations to FG, States, LGAs Surge to N7.73 Trillion in 2025
Nigeria’s Federal Government, states, and Local Government Areas (LGAs) received a total of N7.73 trillion in VAT allocations in 2025,…
CBN to Launch Open Banking Roadmap in Three Months to Boost Nigeria’s Fintech Ecosystem
The Central Bank of Nigeria (CBN) has announced that it will issue an implementation roadmap for Open Banking within the…
European Stocks Fall as Rheinmetall Slashes 2026 Guidance; Shell and Volvo Also Weigh on Market
European stocks opened lower on Thursday as investors digested a fresh wave of corporate earnings and macroeconomic updates. The pan-European…