April 2026 FGN Savings Bonds Announced with Interest Rates up to 14.08% for Retail…
The Debt Management Office (DMO), acting on behalf of the Federal Government of Nigeria, has announced the April…
Nigerian Stock Market Gains N209bn as Trading Week Kicks Off
The Nigerian equities market started the new trading week on a strong note, recording a gain of N209 billion in…
FG Raises N3.53 Trillion From Bond Auctions in Q1 2026 Amid Strong Investor Demand
The Federal Government of Nigeria (FGN) successfully raised approximately N3.53 trillion from domestic bond…
Oil Shock to Drive Nigeria Inflation Up by 3.1 Points, Warns World Bank
Nigeria faces a rising inflation threat as global oil prices surge, the World Bank has warned. In its latest…
Nigeria Reduces Oil Dependence as Tax Revenue Soars to 87% of Federation Earnings
Nigeria is undergoing a major fiscal transformation as tax revenues now account for an unprecedented 87% of total…
Africa Must Fast-Track Renewable Energy as Global Capacity Hits Record
Global renewable energy capacity reached an all-time high in 2025, surging to 5,149 gigawatts (GW) with the…
Anthropic Unveils Mythos AI Model for Cybersecurity in Project Glasswing…
Anthropic has unveiled a preview of its most advanced AI model yet, Mythos, designed to bolster cybersecurity…
Nigeria Flags Rising Exposure Amid $20.9 Billion Global Cybercrime Surge
Nigeria has been identified as one of the countries most exposed to global cybercrime, ranking 12th among foreign…
Naira Drops to N1,389/$ as Nigeria’s External Reserves Fall by $850 Million
Nigeria’s Naira weakened to N1,389 per dollar, reflecting growing pressure on the local currency as the country’s…
Dangote Refinery Hikes Petrol to N1,275, Diesel Hits N1,950 Amid Global Oil…
Nigeria’s Dangote Petroleum Refinery has raised the gantry price of petrol and diesel, with petrol now costing…
Nigerian Oil Prices Drop Below $95 as US-Iran Ceasefire Opens Strait of Hormuz
Nigerian oil prices tumbled below $95 per barrel on Wednesday following news that Iran agreed to a temporary…
NNPC Launches Cawthorne Crude Exports with 950,000-Barrel Maiden Shipment
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially begun exporting its latest crude grade,…
Iranian Hackers Escalate Cyberattacks on U.S. Critical Infrastructure
Iran-backed hackers are increasingly targeting American critical infrastructure, U.S. agencies warn, in what…
Nigeria Revenue Deductions Swallow 39% of 2025 Inflows, World Bank Warns
Nigeria’s revenue growth in 2025 is impressive on paper, but the World Bank has highlighted a growing fiscal leak…
Ghana’s Economic Recovery Shows Promise but Risks Remain, S&P Maintains…
Ghana’s economy is showing signs of recovery, according to a recent report by S&P Global Ratings, which…
European Stocks Surge 4% on U.S.-Iran Ceasefire Deal as Travel Shares Jump
European markets rallied strongly on Wednesday, with stocks surging nearly 4% after news of a conditional ceasefire…
Nigeria Pension Assets Hit Record Growth of N1.39 Trillion in February
Nigeria’s pension assets recorded a historic surge in February 2026, rising by N1.39 trillion to reach…
World Bank Urges Nigeria to Resume Petrol Imports Amid Rising Fuel Prices
Nigeria may need to reopen its doors to petrol imports as rising global energy costs and supply constraints…
Nigeria Regains Frontier Market Status, Boosting Investor Confidence and Stock…
Nigeria has officially regained its Frontier Market status, marking a significant turnaround for the country’s…
Google Launches Offline AI Dictation App “AI Edge Eloquent” for iOS
Google has quietly entered the AI-powered transcription space with its new offline-first dictation app, Google AI…
OpenAI Alums Launch $100M Zero Shot Fund to Back Next-Gen AI Startups
OpenAI veterans have quietly entered the venture capital scene with a new fund, Zero Shot, aiming to raise $100…
Nigeria Excluded from OPEC+ Crude Oil Production Hike Amid Global Market…
Nigeria has once again been excluded from the latest crude oil production increase by the Organisation of Petroleum…
GenCos Question N3.3tn Power Sector Debt Settlement Amid Delayed Payments
The Federal Government’s renewed approval of N3.3tn to settle long-standing power sector debts has ignited fresh…
Nigeria Achieves Fiscal Milestone: Non-Oil Revenue Now 75% of Federation Funds
Nigeria has marked a historic turning point in its economic landscape, as non-oil revenue now accounts for 75 per…
Nigeria’s Power Sector Gets N3.3 Trillion Lifeline as Eight GenCos Sign Debt…
Eight of Nigeria’s major power generation companies, including Transcorp Power, Egbin Power, and Geregu Power Plc,…
Nigeria Shifts to Tax-Driven Revenue Model as Oil Income Plummets by 26% Over 15…
Nigeria’s federal revenue landscape is undergoing a historic transformation, with tax and non-oil income…
FG Raises 2026 Borrowing to N29.2 Trillion as Nigeria’s Fiscal Deficit Widens
The Federal Government of Nigeria has raised its borrowing plan for 2026 to N29.2 trillion, reflecting a sharp…
Naira Settlement Policy Transforms Nigeria’s Diaspora Remittance System
The Central Bank of Nigeria (CBN) has unveiled a landmark naira settlement policy that will transform how diaspora…
AfDB Approves $11.3M for Mini-Grids to Boost Electricity Access in Nigeria and 13…
The African Development Bank (AfDB) has approved $11.3 million in renewable energy funding to expand electricity…
Asia-Pacific Markets Trade Mixed Amid U.S.-Iran Tensions and Strait of Hormuz…
Asia-Pacific markets traded mixed on Tuesday as investors navigated growing geopolitical uncertainty surrounding…