OpenAI Introduces Age Prediction in ChatGPT to Protect Young Users
OpenAI has unveiled a new age prediction feature in ChatGPT designed to better protect young users online. The move…
Global Oil Prices Fall Below Nigeria’s $64.85 Budget Benchmark Amid Oversupply…
Global oil prices fell sharply on Wednesday, dipping below Nigeria’s 2026 budget benchmark of $64.85 per barrel,…
FGN to Repay N1.03 Trillion Bond on January 22: Implications for Nigeria’s Debt…
The federal government is set to repay up to N1.03 trillion in bond maturities on January 22, 2026, marking one of…
Lagos Port Haulage Costs Drop by 65% as Ètò System Transforms Cargo Logistics
Lagos importers are breathing a sigh of relief as cargo haulage costs at Tin Can Island and Apapa seaports have…
FG Targets N900bn Domestic Borrowing with High-Yield Bonds in January Auction
The Federal Government of Nigeria (FG) is set to raise N900 billion from the domestic market by offering high-yield…
Bank Lending Hits 14-Month Low Amid Recapitalisation Pressures in Nigeria
Nigeria’s banking sector recorded a sharp slowdown in credit extension, with total loans dropping to N52.656…
NCC Shifts Focus to Competition and Consumer Experience After Tariff Hikes
Months after Nigerian telecom subscribers began paying higher tariffs for voice and data services, the Nigerian…
Telcos in Sub-Saharan Africa Battle Falling ARPU Amid Global Revenue Slowdown
Telecom operators across Nigeria and Sub-Saharan Africa are grappling with declining average revenue per user…
European Stocks Eye Mixed Open as Trump Prepares Davos Address
European stocks are poised for a mixed start on Wednesday as global investors brace for U.S. President Donald…
IMF Urges Nigeria to Strengthen Public Finances Amid Rising Spending Pressures
The International Monetary Fund (IMF) has called on Nigeria and other governments to strengthen public finances and…
International Breweries Appoints Nicholas Kade as New Managing Director
International Breweries Plc (IBPLC) has announced the appointment of Nicholas Kade as its new Managing Director,…
Seplat Energy Begins Gas Production at ANOH Project, Boosting Nigeria’s Domestic…
Seplat Energy Plc has commenced gas production from its 300 million standard cubic feet per day (MMcfd) Assa…
NGX Rebounds as Stocks Gain, Market Capitalisation Rises by N93bn
The Nigerian Exchange (NGX) bounced back on Tuesday, reversing the losses recorded in the previous session…
Domestic Refineries Poised to Cut Petrol Imports as Local Capacity Rises in 2026
Domestic oil refiners in Nigeria say the country is on the verge of drastically reducing petrol imports in 2026, as…
Global Markets Slide as US-Europe Trade Tensions Shake Investor Confidence
Global financial markets retreated on Tuesday as renewed trade tensions between the United States and Europe…
CBN Economic Reforms Drive Growth and Tame Inflation in Nigeria
Nigeria’s economy is showing early signs of recovery as the Central Bank of Nigeria (CBN) forecasts stronger growth…
Nigeria Non-Oil Exports Hit $6.1 Billion in 2025 as Country Boosts Global Trade…
Nigeria’s non-oil export sector achieved a historic milestone in 2025, recording total earnings of $6.1 billion—an…
Seplat CEO Highlights Critical Role of Oil and Gas in Nigeria’s Energy Mix
Seplat Energy Plc’s Chief Executive Officer, Roger Brown, has reaffirmed that oil and gas will continue to play a…
OpenAI Aims for “Practical Adoption” in 2026 to Drive AI Monetization and Growth
OpenAI is setting its sights on “practical adoption” in 2026, according to CFO Sarah Friar. In a recent blog post,…
Runpod Hits $120M ARR: How a Reddit Post Launched a Developer-Focused AI Cloud…
AI cloud startup Runpod, founded by Zhen Lu and Pardeep Singh, has reached an impressive $120 million annual…
French Wine Tariffs Spark European Market Sell-Off as Trump Threatens 200% Duty
European stocks fell sharply on Tuesday as markets reacted to President Donald Trump’s escalating trade threats…
SEC Revises Minimum Capital for Market Operators Ahead of 2027 Compliance Deadline
Nigeria’s Securities and Exchange Commission (SEC) has announced a significant revision of the minimum capital…
Nigerian Stock Market Dips by N11bn as Week Begins on a Cautious Note
The Nigerian equities market opened the week on a cautious note yesterday, recording a slight decline in value as…
DMO to Raise N900 Billion in January 2026 Bond Auction: Investment Opportunity for…
The Debt Management Office (DMO) has revealed plans for the Federal Government to raise N900 billion through the…
NEM, First HoldCo, Africa Prudential Among Top Nigerian Stocks to Watch This Week
Nigerian stocks continued their upward momentum last week, marking the third consecutive week of gains, led…
Dangote Refinery Signs $350M Deal with EIL to Double Production Capacity
Engineers India Limited (EIL), a leading Indian engineering consultancy firm, has signed a $350 million contract…
Nigeria’s Economy Set to Grow by 4.4% in 2026 Amid Policy Reforms
Nigeria’s economy is on a steady recovery path, with the International Monetary Fund (IMF) projecting a growth rate…
IMF and World Bank Upgrade Nigeria’s Economic Growth Outlook to 4.4% in 2026
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward to 4.4% in 2026 and…
NCC Launches 2026–2030 Spectrum Roadmap to Boost Broadband and Digital Investments…
The Nigerian Communications Commission (NCC) has unveiled its Spectrum Roadmap 2026–2030, signaling a major step…
Microfinance Banks’ Non-Financial Assets Hit Record N358.8 Billion in June 2025
Non-financial assets held by Nigerian microfinance banks have surged to a record N358.787 billion as of June 2025,…