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Business
LG Bets on AI Appliances to Drive Sales Growth in Middle East and Africa
LG Electronics is ramping up its push into artificial intelligence–powered home appliances as it seeks to boost…
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…
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…
Nigeria Launches National Halal Economy Strategy to Capture $1.5 Billion Global…
Nigeria has officially entered the global halal economy race, unveiling its National Halal Economy Strategy in…
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 does not…
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 global…
BoG and Bank of Rwanda Launch Fintech Passport to Boost Cross-Border Payments in…
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…
Trust Deficit Threatens Nigeria Tax Reform as Citizens Link Compliance to Service…
A growing trust deficit is threatening the success of Nigeria’s latest tax reform, as citizens increasingly link…
Nigerian Oil Marketers Petition FCCPC Over Alleged Dangote Refinery Price…
A consortium of Nigerian downstream oil marketers has formally petitioned the Federal Competition and Consumer…
Nigeria’s Business Confidence Slumps in January Amid Rising Costs and Weak…
Nigeria’s business environment faced mounting challenges in January 2026, as rising operational costs and weakening…
Ghana Eyes Cheaper Fuel from Dangote Refinery as Nigeria Strengthens Its Status as…
Ghana is exploring ways to secure a more affordable fuel supply from Nigeria, leveraging the country’s growing…
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…
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 by…
Nigerian Equities Market Gains N1.27 Trillion as Renewed Buying Interest Lifts…
The Nigerian equities market extended its bullish run on Thursday, adding N1.27 trillion in value as renewed buying…
Dangote Refinery Warns Coastal Fuel Logistics Could Push Petrol Prices to ₦1,000…
Dangote Petroleum Refinery has warned that continued dependence on coastal logistics for fuel distribution could…
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…
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…
Sahara Group Drives Africa’s Energy Renaissance with Strategic Investments and…
Sahara Group has once again underscored its dedication to Africa’s energy future at the 2026 Nigeria International…
FG and IFC Partner to Attract Private Investment for Nigeria’s Infrastructure…
The Federal Government of Nigeria has taken a major step to accelerate infrastructure development by signing a…
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)…
CBN to Launch Open Banking Roadmap in Three Months to Boost Nigeria’s Fintech…
The Central Bank of Nigeria (CBN) has announced that it will issue an implementation roadmap for Open Banking…
European Stocks Fall as Rheinmetall Slashes 2026 Guidance; Shell and Volvo Also…
European stocks opened lower on Thursday as investors digested a fresh wave of corporate earnings and macroeconomic…
Aradel Records Record N401 Billion Profit as Oil Investments Pay Off
Aradel Holdings has announced a record-breaking profit of N401 billion for 2025, marking a 54.9% increase from the…
Nigeria’s Net Forex Inflow Drops 18.3% to $48.1bn in 9 Months Amid Weaker IMTO…
Net foreign exchange inflow into Nigeria fell sharply by 18.3% year-on-year (YoY) to $48.1 billion in the nine…
Indigenous Oil Firms Dominate Nigeria’s Production After 70 Years of Foreign…
For the first time in seven decades, Nigerian indigenous oil companies have overtaken international giants in…
Nigeria PMI Falls Below 50 in January as New Orders Stall
Nigeria’s private sector started 2026 on a cautious note, with the latest Stanbic IBTC Bank Nigeria Purchasing…
Nigerian Stocks Surge as Police, Market Leaders Unite to Boost Investor Confidence
Nigerian stocks surged on Wednesday, posting the strongest single-day gains in recent weeks, as investors reacted…
Naira Strengthens to N1,359/$ Amid Improved Market Confidence
Nigeria’s naira recorded a modest appreciation in mid-week trading, closing at N1,359 per US dollar at the official…