China’s DeepSeek Releases New AI Model as Global Tech Rivalry Intensifies
Chinese artificial intelligence startup DeepSeek has launched a new AI model on April 24, 2026, marking…
Cohere to Acquire Germany’s Aleph Alpha in Strategic Europe Expansion Push
Canadian artificial intelligence company Cohere has announced plans to acquire German AI startup Aleph…
Meta layoffs: Tech giant to cut 8,000 jobs as 10% workforce reduction begins May…
Meta Platforms is set to reduce its global workforce by about 10%, a move that will affect roughly 8,000 employees,…
Dangote Refinery Aviation Fuel Exports Hit 1.1 Billion Litres to Europe as Nigeria…
The Dangote Refinery and Petrochemicals has been described as a major stabilising force in Nigeria’s aviation…
VAT Disbursement Rises 30% to N551.77bn in February 2026 as States Record…
VAT allocations to Nigeria’s 36 states and the Federal Capital Territory climbed sharply in February 2026, rising…
CBN and NEXIM Strengthen Partnership to Boost Non-Oil Exports and FX Earnings in…
The Managing Director and Chief Executive of the Nigerian Export-Import Bank (NEXIM), Mr. Abba Bello, has held…
Oil price surge to $105 per barrel amid escalating Iran-US tensions over Strait of…
Oil prices climbed sharply to over $105 per barrel on Thursday, reversing earlier losses as renewed…
FG borrows N2.69tn from bond market in Q1 2026 as investor demand surges
The Federal Government raised a total of N2.69tn from the domestic bond market in the first quarter of 2026,…
CBN Raises ATM Card Issuance Fee to N1,500, Scraps Monthly Maintenance Charge in…
The Central Bank of Nigeria (CBN) has announced a revision to banking charges, increasing the cost of issuing and…
UK Targets £9 Billion Investment Push in Nigeria and Africa as BII Expands…
The United Kingdom has unveiled plans to channel £9 billion in fresh capital into Nigeria and other African…
Naira Weakens to N1,355/$ as External Reserves Fall to $48.48 Billion
The Nigerian naira came under renewed pressure on Thursday, weakening to N1,355 per dollar in the foreign exchange…
Sierra Leone Signs $225 Million Offshore Oil Deal with Marginal Energy to Boost…
Sierra Leone has taken a major step toward revitalizing its oil and gas industry, signing a $225 million offshore…
Investors Shift to State-Led Power Deals in Nigeria’s Electricity Market
Investors are quietly changing how they approach Nigeria’s long-struggling electricity sector, opting for state-led…
NCC Orders Telcos to Compensate Users for Poor Service as MTN Begins Payout
Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), has directed mobile operators to…
Oyedele’s Fiscal Expertise Will Strengthen Nigeria’s Economy Amid Fiscal…
Plateau State Governor, Caleb Mutfwang, has praised the appointment of Taiwo Oyedele as a key economic figure in…
Nigeria Debt Crisis Deepens as Servicing Costs Hit N15.81tn, Sparks Fiscal…
Nigeria’s growing debt burden is once again raising alarm across economic and policy circles, as rising debt…
Oil Price Stabilizes at $95 as Middle East Tensions Push Markets Into Structural…
Global oil markets are once again under pressure as geopolitical tensions in the Middle East flare up,…
Oil Prices Slip Slightly as U.S.-Iran Tensions Stall Talks and Disrupt Strait of…
Global oil markets experienced a slight pullback on Thursday as geopolitical tensions between the United…
Tesla Raises 2026 Spending to $25bn as Musk Bets Big on AI, Robotics and…
Tesla has sharply increased its planned capital expenditure for 2026 to more than $25 billion, marking a major…
UK Cyberwar Warning Raises Alarm Over Nigeria’s Cybersecurity Preparedness
The United Kingdom has issued a strong warning about the rising threat of cyberwarfare, a development that is…
West Africa Digital Economy at Risk as WATRA Warns of Submarine Cable Threats
The West African Telecommunications Regulators Assembly (WATRA) has raised concerns over growing threats to West…
Nigeria Records 4,200 Weekly Cyber Attacks as Digital Economy Expands, Says…
Nigeria is experiencing an estimated 4,200 cyber-attacks every week, a growing threat closely linked to the rapid…
Nigeria Money Market Shift: T-Bills Hit N3.2tr as Commercial Paper Market Slumps…
Nigeria’s money market experienced a sharp shift in March 2026 as investors increasingly turned to…
Nigeria Gas Sector Investment Hinges on Regulatory Clarity, Says NGA
The Nigerian Gas Association (NGA) has stressed that regulatory clarity, consistent policy implementation, and…
Afreximbank, St Kitts and Nevis Sign Hosting Deal for ACTIF2026 to Boost…
The African Export-Import Bank (Afreximbank) and the Government of St Kitts and Nevis have officially signed a…
NGX Premium Stocks Hit N54.3 Trillion Valuation as MTN, Dangote Cement and Seplat…
Nigeria’s stock market is witnessing a powerful surge as the combined valuation of Premium Board stocks on the…
Africa Needs Two More Dangote-Scale Refineries to Close Fuel Import Gap – AFC…
Africa will need at least two more refineries the size of the Dangote Refinery to keep up with its…
Google Workspace Gets AI Overhaul as ‘Workspace Intelligence’ Turns Gemini Into…
Google has rolled out a major upgrade to its Workspace suite, introducing a wave of AI-powered tools designed to…
European Stocks Fall as Germany Slashes Growth Forecast Amid Iran War and Energy…
European stocks closed lower on Wednesday as investors weighed fresh economic warnings from Germany, ongoing…
Transcorp Hotels Leads NGX Rally as Market Hits Record 219,586 Points Amid Strong…
The Nigerian equities market closed at a fresh record high on April 22, 2026, as the All-Share Index rose to…