Microsoft has announced a $1 million (N1.6 billion) investment in Nigeria over the next two years to support the adoption and advancement of artificial intelligence (AI)...
Nigeria’s power sector has recorded a new peak generation of 5,543.20 megawatts (MW), the highest electricity output for 2025, the Transmission Company of Nigeria (TCN) announced...
Nigeria may face a potential tanker shortage following the Federal Government’s decision to ban petroleum trucks with 60,000- and 45,000-litre capacity to curb rising tanker accidents...
Billionaire industrialist Aliko Dangote has seen his net worth nearly double to $23.9 billion following the completion of his refinery, according to Forbes’ latest assessment. The...
Former U.S. President Donald Trump is set to take the stage in Miami Beach on Wednesday at an exclusive investment summit hosted by Saudi Arabia’s Public...
Recognizing the need for enhanced logistics infrastructure and digital integration to support e-commerce growth in Nigeria, Glovo, in partnership with the Ministry of Communications, Innovation and...
The Dollar to Naira Black Market exchange rate remains a key focus for traders, businesses, and individuals engaged in foreign exchange transactions in Nigeria. As of...
Nigerian agribusiness giant Johnvents Industries Limited has secured a $40.5 million investment from the United Kingdom’s development finance institution to expand its cocoa processing capacity to...
Fitch Ratings has announced the withdrawal of Dangote Industries Limited’s National Long-Term Rating and senior unsecured rating of ‘B+(nga)’ due to unresolved debt refinancing concerns. The...
Nigeria’s annual inflation rate has been adjusted to 24.48% for January 2025 following a rebasing of the Consumer Price Index (CPI), the National Bureau of Statistics...