Google and African Partners Launch WAXAL to Expand AI Access Across Africa
Google has teamed up with leading African research institutions to launch WAXAL, a large-scale open speech dataset…
NNPC Remittance to FAAC Plunges 86%, Deepening Nigeria’s Oil Revenue Crisis
Nigeria’s oil revenue experienced a dramatic decline in 2025 as the Nigerian National Petroleum Company (NNPC)…
Nigeria’s Refiners Struggle Amid Crude Shortages Despite 306 Million Barrels…
Local oil refiners in Nigeria continue to grapple with persistent crude shortages, even as the country exported an…
Lokpobiri: Only Foreign Firms Can Handle Offshore Exploration in Nigeria
Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that local companies currently…
Regulatory Gaps Driving Away African Energy Investors, Warns NUPRC Boss
Regulatory inconsistencies across African countries are threatening to scare off energy investors, the Chief…
CBN Report Reveals Sharp Divide in Nigeria’s Fintech Industry Over Regulatory…
Nigeria’s fintech ecosystem is split down the middle on how supportive the country’s regulatory framework really…
European Stocks Rise as Markets Stabilize After Historic Global Sell-Off
European stocks opened higher on Tuesday as global markets showed signs of calm following a brief but historic…
Nigerian Engineers Prove Global Capability with Egina, Ikike Projects –…
Nigeria’s Egina deepwater and Ikike shallow-water oil projects have emerged as strong evidence that Nigerian…
Naira Ends January Stronger at ₦1,386/$ in Official Market as FX Stability…
The naira closed the month of January 2026 on a positive note, strengthening against the United States dollar in…
Profit Up 29%, Rating Down to Junk: The Afreximbank Paradox
Africa’s largest trade finance institution, Afreximbank, is in the spotlight after Fitch Ratings downgraded the…
Nigeria Oil Exports to Drop as Bonga FPSO Undergoes Scheduled Maintenance
Nigeria’s oil exports will decline sharply in February as production from the Bonga Floating Production Storage and…
Nigeria’s Big 10 Stockbrokers Dominate NGX Trading With ₦7.4 Trillion Deals in…
In the fast-moving corridors of the Nigerian Exchange Limited (NGX), power in 2025 was anything but evenly spread.…
Onitsha Main Market Reopens as Sit-at-Home Falters Under Soludo’s Directive
Economic activity returned to life at the Onitsha Main Market on Monday as traders reopened their shops,…
CBN Tightens Liquidity, Withdraws N15 Trillion from Nigeria’s Financial System in…
Nigeria’s financial system faced intense liquidity pressure in January as the Central Bank of Nigeria (CBN)…
Telecoms Sector Expands with 2,850 New Sites and $1bn Investment in Q4 2025 – NCC…
The Nigerian Communications Commission (NCC) has revealed significant progress in the nation’s telecoms sector,…
Nvidia CEO Denies OpenAI Investment Stall Amid $100B Partnership Talks
Nvidia CEO Jensen Huang has dismissed reports suggesting tension between his company and OpenAI, calling them…
Africa’s AI Drive Must Prioritize Human Factors, Expert Warns
Africa’s push to adopt artificial intelligence (AI) risks falling short if governments continue to focus solely on…
NNPC Unveils Gas Master Plan 2026, Targets 20 Million LPG Cylinders by 2030
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026,…
Nigerian Manufacturers Face 21% Surge in Energy and Raw Materials Costs
Eight major Nigerian manufacturing firms spent a combined N1.01 trillion on energy and raw materials in the nine…
Global Stocks, Oil, and Precious Metals Plunge Amid Tech Fears and Market…
Global financial markets opened the week on a turbulent note as stocks, oil, and precious metals plunged, extending…
Bitcoin Falls Below $84,000 as $1 Billion ETF Outflows Shake Crypto Market
Bitcoin tumbled below the key $84,000 support level, hitting around $82,600, as massive outflows from…
Nigeria Removed from EU High-Risk List After Major Financial Reforms
Nigeria has officially been removed from the European Union’s high-risk list for money laundering and terrorism…
FG Disburses N2.45 Trillion to States for Infrastructure and Security Projects
The Federal Government (FG) has disbursed a total of N2.45 trillion to Nigeria’s 36 states and the Federal Capital…
European Stocks Slide as Precious Metals Crash Hits Mining and Tech Sectors
European stocks opened the week on a sour note, as investors reacted to volatility in precious metals and growing…
UACN’s Acquisition of CHI Limited: A Strategic Gamechanger in 2025 Results
UAC Nigeria PLC (UACN) has unveiled its 2025 financial results, revealing a mixed performance that caught many…
NGX All-Share Index Falls 0.09% as Trading Activity Dips Amid Market Shifts
The Nigerian Exchange Limited (NGX) All-Share Index slipped 0.09% last week, closing at 165,370.40 points. Despite…
US-Nigeria Investment Partnership Launched to Boost Trade and Private-Sector…
The United States and Nigeria have officially launched the US-Nigeria Commercial and Investment Partnership (CIP),…
Nigeria’s Crude Exports to Drop 225,000 BPD as Shell Shuts Bonga FPSO for…
Nigeria’s crude oil exports are set to decline by about 225,000 barrels per day this February due to the planned…
Bank Stocks Drag NGX Lower Despite Fresh Listings Boosting Market Capitalisation
The Nigerian Exchange (NGX) ended the week on a subdued note as sustained selling pressure in banking stocks…
Oil Cash, Foreign Inflows Lift Nigeria’s External Reserves by $66m as Naira Hits…
Nigeria’s external reserves recorded a modest rebound in January, rising by $66 million as stronger oil prices and…