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Dangote Refutes Marketers’ Claims, Asserts Refinery’s Capacity to Meet…
The Dangote Petroleum Refinery has strongly countered accusations from oil marketers that it cannot meet Nigeria’s…
OpenAI Appoints Fidji Simo as CEO of Applications to Drive Global Operations and…
OpenAI has announced that Fidji Simo will become its new Chief Executive Officer of Applications, a role aimed at…
Airtel Africa Gears Up for Airtel Money IPO, Projects H1 2026 Listing and Robust…
Airtel Africa is making significant strides in its preparation for the IPO of Airtel Money, its mobile money…
Lagos Approves Over 37,000 Building Permits in Six Years, Boosts Urban Development
Over the past six years, the Lagos State Government has approved a total of 37,266 building planning permits to…
Seplat raises oil output to over 131,000bpd
Seplat Energy Plc has significantly increased its daily hydrocarbon production in the first quarter of 2025,…
Global Food Prices to Drop by 7% in 2025, Led by Declining Rice Costs-GHANA
Global food prices are expected to see a significant decline in 2025, marking a second consecutive year of lower…
Microsoft Triumphs in FTC’s Appeal, Securing $69 Billion Activision Blizzard…
In a significant legal win for Microsoft, a federal appeals court ruled on May 7, 2025, to reject a challenge by…
FCMB Names Four New Millionaires in Ongoing Savings Promo
FCMB Millionaire Promo has once again changed the lives of four lucky winners, with each taking home ₦1 million in…
Africa’s Digital Leap: How Multi-Industry Fintechs Like Redtech Are Powering a…
Africa’s digital economy is undergoing rapid transformation, with fintechs leading the charge. While traditional…
Ghana’s Business Confidence Rebounds Under Mahama’s Macroeconomic Stability –…
During a panel discussion on Channel One TV, Michael Kottoh, Managing Partner at advisory firm Konfidants,…
SEC Launches Tech Adoption Survey to Accelerize Innovation in Nigerian Capital…
The Securities and Exchange Commission (SEC) of Nigeria has initiated a technology adoption survey targeted at…
African Startups Raise $803M in Early 2025, Signaling Strong Tech Sector Rebound
In a strong indication of recovery, African startups have collectively raised $803 million in funding between…
Nigerian Stock Market Adds N1.05 Trillion in Bullish Surge Driven by ETI, Nestle,…
The Nigerian stock market experienced a major upswing as the Nigerian Exchange Limited (NGX) added N1.05 trillion…
Inflation Drops to 21.2% in April, Easing for Fifth Straight Month Amid Stronger…
Inflation in Ghana dropped to 21.2% in April 2025, the lowest level recorded in eight months, signaling a…
Africa Set to Lead Global Carbon Markets by 2025, Report Finds
A new report titled 2025 Africa Carbon Market Outlook (ACMO 25) reveals that Africa is on track to emerge as a…
Nigerian CEOs Embrace AI and Market Expansion to Tackle Economic Challenges – PwC…
Nigerian CEOs are aggressively adopting artificial intelligence and exploring new markets as part of broader…
Bitcoin Soars Past $97K as China Unleashes $138 Billion Stimulus and Fed Signals…
Bitcoin shot past $97,000 midweek before settling just below at $96,000, fueled by China’s massive $138 billion…
OpenAI to Halve Microsoft Revenue Share Amid Corporate Restructuring
OpenAI has informed investors that it plans to significantly reduce the share of its revenue going to Microsoft as…
US-China Trade Talks Signal De-escalation, But Breakthrough Unlikely
After weeks of speculation, it's official: top U.S. and Chinese trade officials will meet this weekend in Geneva.…
FMCG Firms See Profits Surge by Over 100% Amid Naira Stability in Q1 2025
The first quarter of 2025 has brought significant financial relief for several fast-moving consumer goods (FMCG)…
Microsoft Officially Shuts Down Skype After 22 Years, Shifting Focus to Teams
Microsoft has officially ended support for Skype after 22 years of service, signaling a shift toward its more…
Naira Holds Steady at ₦1,608/$1 as Oil Prices Rebound, Experts Urge Policy Reform
The Nigerian naira maintained relative stability in the parallel market on Tuesday, trading around ₦1,608–₦1,610…
GUTA Hails BoG for Cedi Stability, Signals Renewed Business Confidence-GHANA
The Ghana Union of Traders’ Associations (GUTA) has expressed strong approval of the Bank of Ghana’s management of…
Agriculture, Mining Fuel Investment Boom in Taraba Ahead of Taravest 2025
Taraba State is rapidly becoming a magnet for investment in Nigeria's North-East, with its rich agricultural base,…
MTN Nigeria Fintech Revenue Soars 58% on Airtime Lending Surge
MTN Nigeria recorded a significant 57.9% year-on-year jump in its fintech revenue, reaching ₦36.1 billion in Q1…
Finance Ministry Refutes N13 Billion Corruption Allegation in CNG Project
The Federal Ministry of Finance has strongly denied allegations of corruption tied to a N13 billion contract…
OpenAI Moves to Acquire AI Coding Startup Windsurf in Landmark $3 Billion Deal
In a strategic move to expand its influence in the AI-powered software development market, OpenAI has entered an…
Nigerian Business Leaders Share Survival Tactics for Startups Battling Economic…
At a time when economic uncertainty looms large over Nigeria’s startup ecosystem, several industry leaders have…
Naira Strengthens to ₦1,600/$ in Parallel Market Amid Modest FX Gains
The Nigerian naira appreciated to ₦1,600 per U.S. dollar in the parallel market as of Monday, May 6, 2025, marking…
Nigeria’s FX Inflows Dip 5.7% in April Amid Global Trade Tensions, Weak Foreign…
Nigeria’s foreign exchange market took a hit in April as total FX inflows fell by 5.7% month-on-month, dragged…