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...
Oil prices edged lower on Thursday as a larger-than-expected build in U.S. crude stockpiles dampened market sentiment. Brent crude oil, against which Nigerian oil is priced,...
The tourism industry in Kenya is on track to increase revenue by 24% with earnings projected to hit 560 billion shillings ($4.33 billion) in 2025. The...
The Central Bank of Egypt (CBE) is expected to keep its benchmark interest rate unchanged at 27.25% in its seventh consecutive meeting scheduled for Thursday as...
Apple Inc. has unveiled the iPhone 16e, a revamped entry-level smartphone priced at $599 as part of its efforts to reignite consumer interest following a lackluster...
Nigeria’s central bank is expected to keep its benchmark interest rate steady at 27.5% on Thursday, against the aggressive tightening it has been practicing since 2022....
The pounds to naira black market exchange rate continues to fluctuate amid Nigeria’s forex liquidity challenges, inflationary pressures, and global economic trends. As of Thursday, February...
The dollar to naira black market exchange rate continues to fluctuate as economic factors, foreign exchange policies, and demand pressures shape Nigeria’s forex landscape. On Thursday,...