Business

Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

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Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

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Blog

FCMB raises ₦147.5bn in oversubscribed public offer
Banking

FCMB raises ₦1.53tn to lead 2025 debt capital market

FCMB Capital Markets Limited, the investment banking division of FCMB Group Plc, has officially been crowned the leader of the FMDQ Securities Exchange Limited’s Fixed Income Primary Markets Sponsors’ League Table for the full year 2025. The firm cemented its dominance by raising a staggering N1.53tn in corporate debt capital, outperforming 47 other active institutions […]

Banking

Nigerian investors fund 72% of banks’ ₦4.65tn recapitalisation

The Central Bank of Nigeria on Wednesday said domestic investors accounted for the bulk of funds raised under its banking sector recapitalisation programme, contributing 72.55 per cent of the N4.65tn total capital secured by lenders. The apex bank disclosed this in a statement marking the conclusion of the exercise, which began in March 2024 and […]

News

NRC expands train services nationwide ahead of Easter holiday

The Nigerian Railway Corporation has revealed plans to expand its train services across the country to facilitate smoother passenger travel during the Easter holiday. In a statement signed by its Chief Public Relations Officer, Callistus Unyimadu, the corporation stated that extra trips have been added on major routes to handle the expected increase in passenger […]

Aviation

Keyamo links Nigerian airline growth to aircraft financing challenges

The Minister of Aviation and Aerospace Development, Festus Keyamo, has linked the slow growth of Nigerian airlines to their challenges in securing financing for modern aircraft to expand their fleets. He stated this in his keynote address at the maiden Nigeria Aircraft Acquisition and Investment Summit 2026, currently underway at the Federal Palace Hotel, Victoria […]

FG opens applications for Girls in ICT competition
Business

FG launches $2bn digital economy research cluster

The federal government has unveiled a $2 billion digital economy research cluster aimed at driving academic innovation. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this disclosure during the launch of the Digital Economy Research Clusters in Abuja. This initiative is a flagship component of Project BRIDGE (Building Resilient Digital Infrastructure […]

Tech

AI deradicalisation tool targets users with extremist tendencies

People in New Zealand who display violent extremist tendencies on ChatGPT will be guided to human and chatbot‑based deradicalisation support via a new tool currently under development, its creators said. The initiative is the latest effort to tackle safety concerns as AI companies face a rising number of lawsuits alleging they failed to prevent, or […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic accidentally removes thousands of GitHub repositories during code retraction

Anthropic unintentionally removed thousands of GitHub repositories while attempting to retract its leaked source code, calling the incident an accident. Anthropic unintentionally triggered the removal of thousands of GitHub repositories while attempting to retract copies of its most popular product’s source code from the internet. On Tuesday, a software engineer found that Anthropic had apparently, […]

Business

NNPC ships first Cawthorne blend cargo to international market

The Nigerian National Petroleum Company Limited has achieved a significant milestone with the export of 950,000 barrels of Cawthorne blend crude to the international market via the state-of-the-art FSO Cawthorne vessel, Nigeria’s first newly established crude oil terminal in five decades. In a statement, Sahara Group said the development confirms earlier reports on the export […]

Banking featured

CBN completes bank recapitalisation, raises N4.65trn

The Central Bank of Nigeria on Wednesday said it has concluded the banking sector recapitalisation programme, with 33 deposit money banks raising a total of N4.65 trillion in fresh capital to strengthen balance sheets and bolster the resilience of the financial system. The CBN announced the conclusion of the recapitalisation programme in a statement signed […]

Business

Pension industry forms consortium to bridge Nigeria’s infrastructure gap

The pension industry has commenced moves to establish an investment consortium aimed at bridging the huge infrastructural gap in the country. Director General of the National Pension Commission, PenCom, Ms. Omolola Oloworaran, disclosed this yesterday at a press briefing in Lagos after the first Pension Industry Leadership Council (PILC) meeting. Oloworaran disclosed that PILC is […]

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