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Dangote Refinery Maintenance Spurs Fuel Import Surge as Nigeria Turns to Europe
The recent dip in output from the Dangote Petroleum Refinery has triggered a notable rise in fuel imports across…
NGX Market Gains N186bn Amid Bullish Sentiment, Consumer Goods and Banking Stocks…
Investors at the Nigerian Exchange (NGX) recorded significant gains on Wednesday, May 15, 2025, as market…
TensorWave Raises $100M to Accelerate AI Infrastructure Growth with AMD-Powered…
Las Vegas-based AI infrastructure startup TensorWave has successfully raised $100 million in a significant Series…
NNPC Cuts Petrol Price to ₦910/Litre in Abuja Amidst Dangote’s Market Push
In a move that signals a growing shift in Nigeria’s fuel market dynamics, the Nigerian National Petroleum Company…
Lagos Rakes in Over N1 Trillion in Investments, Sets Sights on 2025 Economic…
In a major economic milestone, the Lagos State Government has announced that it attracted over N1 trillion in…
U.S. Stock Futures Steady After Early Week Surge Amid Trade Optimism, Fed in Focus
After a strong start to the week driven by positive economic signals, U.S. stock futures held steady early…
NGX Bounces Back with N314 Billion Gain as Investors Hunt for Bargains
The Nigerian Exchange (NGX) saw a strong rebound yesterday, reversing earlier losses as investors took advantage…
Dangote Refinery Cancels June Maintenance After Emergency Repairs, Ends Petrol…
The Dangote Petroleum Refinery has called off its planned June maintenance for its key gasoline unit, after…
World Bank Criticizes Nigeria’s Conditional Cash Transfer Program for Failing to…
The World Bank has criticized Nigeria’s conditional cash transfer program, launched by the Federal Government in…
NGX-ASI up 0.46% on renewed bargains
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) recorded a 0.46 percent increase on Tuesday, signaling…
China Lifts Ban on Boeing Deliveries as 90-Day Tariff Truce with U.S. Begins
In a major shift signaling thawing trade relations, China has officially lifted its freeze on accepting Boeing…
CBN’s Tight Monetary Policy May Cut Inflation to 22.1% in 2025 – World Bank
The World Bank has projected that Nigeria's inflation rate could drop to an average of 22.1% in 2025, thanks to…
Nigeria’s External Reserves Hit 8-Month Low Amid Foreign Debt Payments and…
Nigeria's external reserves have fallen to their lowest levels in eight months, reaching $37.9 billion by the end…
Naira Strengthens to ₦1,597.7/$1 at Official Market as CBN Policies Begin to Take…
The Nigerian naira gained strength against the US dollar on Monday, closing at ₦1,597.7/$1 in the official foreign…
Forex Market Speculators Struggle Amid CBN’s Regulatory Reforms and Strengthened…
The Nigerian foreign exchange (forex) market has been facing a major overhaul as the Central Bank of Nigeria (CBN)…
AI Set to Reshape Nigerian Businesses and Jobs: CEOs Embrace Tech-Driven Growth
The future of work in Nigeria is getting a high-tech upgrade, with artificial intelligence (AI) poised to…
Ghana Cedi Set to Strengthen in 2025, Buoyed by Remittances and Economic Growth –…
The Ghanaian cedi is expected to appreciate against major international currencies in 2025, marking a potential…
Nigeria’s Creative Economy Targets $100 Billion Boost by 2030 – Minister Musawa
The Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musawa, has revealed the government’s…
Nigeria to Deploy $3 Billion Telecom Infrastructure by June 2025 to Boost Digital…
Nigeria is set to receive telecommunications infrastructure worth $3 billion by June 2025, according to the…
World Bank Reports Positive Shift in Nigeria’s Economy, Urges Inclusive…
The World Bank has reported a notable improvement in Nigeria’s macroeconomic situation, attributing it to a series…
10% Of Nigerians Affected By Data Breaches Since 2004 – Report
A new report by global cybersecurity firm Surfshark reveals that 10% of Nigerians have fallen victim to data…
OpenAI and Microsoft Rework Partnership Amid $57.9B Funding and IPO Talks
OpenAI and Microsoft are in the midst of high-level negotiations to reshape their multibillion-dollar partnership,…
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
SoftBank Group is expected to report a net loss of 26.9 billion yen ($184.4 million) for its fourth quarter,…
Improved earnings, dividend payment lift investors’ fortune by N180 billion
In the first quarter of 2025, Nigerian investors have seen their fortunes rise by approximately N180 billion,…
MTN Nigeria Pays N764.2bn in Taxes, Invests N3.5bn in Social Initiatives, and…
MTN Nigeria Communications Plc (MTNN) announced a substantial contribution of N764.2 billion in taxes, levies, and…
NGX Market Surge Adds N1.69tn in Capitalisation Amid Trading Boom
The Nigerian Exchange Limited (NGX) saw an impressive surge in market activity, with investors trading 2.645…
Microsoft 2025 Work Trend Report: Rise of the Frontier Firm Signals AI-Led…
Microsoft’s 2025 Work Trend Index, developed in collaboration with LinkedIn, introduces the concept of the…
Shareholders Urge SEC to Overhaul Unclaimed Dividend Process in Nigerian Banks
Shareholders in Nigeria are pressing the Securities and Exchange Commission (SEC), registrars, and stockbrokers to…
US and China Reach Breakthrough Trade Deal in Geneva: Path Cleared for Economic…
After two days of tense negotiations in Geneva, the United States and China have reached a critical trade…
Bank of Ghana Warns Public About Foreign Investment Scams
The Bank of Ghana has issued a strong warning to the public regarding the growing threat of illegal foreign…