Dangote Petrol Price Unmatched: No Filling Station Sells Cheaper Than N739
Oil marketers in Nigeria have dismissed reports that some filling stations are selling petrol cheaper than the N739…
SEC Strengthens Nigerian Capital Market with Tenor Limits and Capital Boost
In a recent series of decisive moves, the Securities and Exchange Commission (SEC), under the leadership of…
IMF Raises Nigeria’s 2026 Economic Growth Forecast to 4.4%
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4%,…
Signal Co-Founder Launches Confer, a Privacy-First AI Assistant Built as an…
As AI personal assistants become more common, privacy concerns are growing just as fast. Many popular tools require…
IMF Warns AI Disruption Is Reshaping Jobs, Forcing Workers Worldwide to Learn New…
Workers across the globe are under growing pressure to learn new skills as artificial intelligence and digital…
Heirs Energies Boosts Oil Production to 50,000bpd in Five Years, Strengthening…
Heirs Energies has announced a major operational milestone, revealing that it has sustainably doubled its…
Naira Ends Week at N1,417.95/$ as Nigeria’s External Reserves Rally
The naira closed the week on a positive note, trading at N1,417.95 per dollar in Nigeria’s official foreign…
New Tax Laws Set to Boost SMEs’ Growth in Nigeria
Nigeria’s recently enacted tax laws are expected to provide a major boost for small and medium-sized enterprises…
NGX Market Capitalization Hits N217.7 Trillion Amid Strong Equities and ETF Growth
The Nigerian Exchange (NGX) recorded a remarkable surge in total market capitalization, closing mid-January 2026 at…
European Markets Slide Amid Trump’s Greenland Tariff Threat: Autos and Luxury…
European markets tumbled on Monday as investors reacted to U.S. President Donald Trump’s controversial threat to…
Nigerian Stock Market Surges N2.6 Trillion as Positive Momentum Continues in 2026
The Nigerian stock market continued its strong performance in the second week of 2026, adding N2.6 trillion to its…
SEC’s New Capital Rules Raise Concerns Among Portfolio Managers: Market…
Nigeria’s Securities and Exchange Commission (SEC) has unveiled its most significant overhaul of capital…
Champion Breweries Raises N42bn to Acquire Bullet Brands, Expands into Energy…
Champion Breweries Plc has announced plans to raise N42 billion through a public offer of ordinary shares to fund…
Elon Musk Demands $134 Billion from OpenAI Ahead of Trial Over $500B Valuation
Elon Musk is turning up the heat on OpenAI, demanding between $79 billion and $134 billion in damages as his…
Dangote Group to Build World’s Largest Single-Site Refinery with $350 Million…
Nigeria’s Dangote Group has taken a major step toward transforming the country into a regional petroleum powerhouse…
Nigeria Courts Global Investors at Davos Amid Emerging Market Challenges
Nigeria is stepping onto the global stage at this year’s World Economic Forum in Davos to attract international…
Nigeria’s US Crude Oil Imports Surge to 42 Million Barrels in 10 Months
Nigeria’s crude oil imports from the United States soared to over 42 million barrels in the first ten months of…
Asia-Pacific Markets Dip as Investors Eye Greenland Tensions and China Economic…
Asia-Pacific markets mostly slipped on Monday, reflecting investor caution after heightened geopolitical tensions…
Petrol Imports Still Dominate Nigeria’s Fuel Market Despite Rising Domestic…
In 2025, petrol imports continued to dominate Nigeria’s fuel market, accounting for 62.47% of total Premium Motor…
Conference explores role of cash in digital-first economy
The Committee of Heads of Bank Operations (CHBO) in Nigeria is set to host its annual conference on Friday, 23…
Global Markets Face Volatility as US–Europe Trade Tensions Resurface Over Tariff…
Global financial markets are bracing for renewed volatility following fresh trade tensions between the United…
SEC Revises AUM Capital Requirement to 0.1% After Industry Pushback
The Securities and Exchange Commission (SEC) has clarified that fund and portfolio managers will now be required to…
EU removes Nigeria, five African countries from high-risk financial list
The European Union (EU) has officially removed Nigeria and five other African countries from its list of high-risk…
Nigeria’s Economic Growth Remains Fragile Without Targeted Poverty Reduction…
Nigeria’s recent economic recovery remains fragile and may fail to improve living standards unless deliberate…
Nigeria’s Capital Market at Risk of Overregulation
Nigeria is entering a phase of overregulation that risks undermining the capital market it seeks to strengthen. The…
Nigeria’s Crude Oil Production Drops to 1.42 Million BPD in December 2025
Nigeria’s crude oil production slipped to 1.422 million barrels per day (bpd) in December 2025, down from 1.436…
Nigeria Spends N1.7 Trillion on Petrol as Daily Consumption Hits 63.7 Million…
Nigeria’s daily petrol consumption surged to a record 63.7 million litres in December 2025, driving total…
NITDA and U.S. Strengthen Partnership on Data Privacy, AI, and Cybersecurity
The National Information Technology Development Agency (NITDA) has reaffirmed its commitment to strengthening…
OpenAI Backs Sam Altman’s Merge Labs to Pioneer Brain-Computer Interfaces
OpenAI has made a bold move by investing in Merge Labs, the brain-computer interface (BCI) startup founded by its…
Vibe Coding in Nigeria: How Cencori Is Making AI-Generated Apps Safer
Vibe coding, a method where software is generated from simple natural language prompts instead of hand-written…