Banking Stocks Lift NGX 2.78% as Market Capitalisation Hits ₦163.5tn
Nigerian equities rebound strongly as investors return to banking and other large-cap stocks, pushing weekly trading value to ₦168.67 billion...
Nigerian Manufacturers Hold ₦2.12tn Unsold Goods as Consumer Spending Weakens
Manufacturers invested a nominal ₦4.54 trillion in 2025, but MAN data show warehouses remain burdened with more than ₦2 trillion...
Nigeria’s FX Turnover Slumps 30% to $2.37bn as Derivatives Trading Collapses
Foreign-exchange activity weakened sharply in the week ended September 18, with derivatives turnover falling nearly 94 per cent and spot...
FG Moves to Clear ₦330bn Export Grant Backlog, Unveils New Funding Model
Abuja begins work on outstanding claims owed to more than 200 exporters as Tinubu approves a new funding structure designed...
Bill Gates Warns Governments Are ‘Way Behind’ as AI Threatens to Reshape Jobs and Society
Governments around the world are inadequately prepared for the economic and social changes artificial intelligence could produce, according to Microsoft...
EU Moves to Ban Under-15s From Social Media and AI Chatbots in Major Tech Crackdown
The European Union is preparing to propose restrictions preventing children under 15 years old from accessing social media platforms, video-sharing...
First Cab-Less Autonomous Truck Enters Regular Public-Road Service in Germany
Autonomous transport company Einride and supermarket chain Lidl have deployed what they describe as Germany's first cab-less autonomous truck in...
SoftBank-Backed SB Energy Targets $50bn Valuation as AI Data-Centre Firm Heads for US IPO
SoftBank-backed data-centre developer SB Energy will sell as much as $500 million worth of new shares to Japanese investors as...
Sanwo-Olu Joins Dangote, Market Leaders as Historic ₦2.15tn Refinery IPO Opens on NGX
Lagos State Governor Babajide Sanwo-Olu joined billionaire industrialist Aliko Dangote and some of Nigeria’s most prominent business and capital-market leaders...
FG Raises N728.9bn Bond to Clear Power Sector Debt, Targets N4tn Funding Programme
The Federal Government has raised N728.9 billion through a new bond issuance designed to address longstanding debts in Nigeria’s electricity...
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