Fitch Rates Nigerian Banks Stable Amid Macroeconomic Challenges
Global rating agency Fitch Ratings has affirmed that several Nigerian banks possess intrinsic strengths enabling them to maintain a stable...
Investors Express Optimism As Stock Market Records Notable Gains
Positive sentiments swept through the local bourse this week as investors re-entered the market, bringing about a resurgence in trading...
Nigeria’s Economy: Upstream Oil Production Sees Positive Momentum Amidst Soaring Inflation
Inflationary pressures continue to escalate in Nigeria, with headline inflation surging by 98 basis points to 29.90% year-on-year in January,...
Headline Inflation Shows Mixed Trends in US and UK, Central Banks Expected to Hold Rates Steady
Inflation data from both the United States and the United Kingdom present a nuanced picture, with the U.S. experiencing a...
FG Steps in to Avert Fuel Supply Disruption Amidst Rising Operational Costs as Petrol Tankers begin strike
In an effort to prevent the planned suspension of operations by the Nigerian Association of Road Transport Owners (NARTO) members,...
LCCI Responds to FG’s Plan to Establish a National Commodity Board, stresses private sector involvement in implementation
The Lagos Chamber of Commerce and Industry (LCCI) has issued a response to the recent announcement by the Federal Government...
OpenAI will now let you create videos from verbal cues
Artificial intelligence leader OpenAI introduced a new AI model called Sora which it claims can create “realistic” and “imaginative” 60-second...
£3 Billion Legal Action Against Facebook Gets Green Light in London
A judge has granted permission for a mass legal action potentially worth £3 billion against Meta, the owner of Facebook....
Japan looses its crown as world’s third largest economy
Japan has unexpectedly fallen into a recession after its economy shrank for two consecutive quarters, according to figures from the...
Dangote Oil Refinery Issues Tenders for First Fuel Exports, Marking Milestone for Nigeria
Nigeria's Dangote oil refinery, the largest in Africa with a capacity of 650,000 barrels per day, has issued tenders for...
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