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NMDPRA urges Africa to adopt regional fuel pricing

  • 30th July 2026

Seplat sells 10% JV stake to NNPCL for

  • 30th July 2026

BREAKING: Femi Otedola acquires ₦222.20bn First HoldCo shares

  • 30th July 2026

World Bank warns Nigeria risks missing AI revolution

  • 30th July 2026

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Spain rejects emergency declaration despite migrant surge from Morocco 

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NMDPRA urges Africa to adopt regional fuel pricing benchmark

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Seplat sells 10% JV stake to NNPCL for $281.6m

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Resident doctors declare indefinite nationwide strike from August 10

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Telecommunications

SERAP, editors sue NBC over broadcast sanctions threat

The Socio-Economic Rights and Accountability Project and the Nigerian Guild of Editors have instituted legal action against the National Broadcasting Commission over its threat to sanction broadcasters accused of failing to maintain neutrality in their programmes. The move follows a notice issued by the NBC on April 17, 2026, in which the commission warned that […]

Business featured

Dangote Refinery expansion to create 95,000 jobs

President of the Dangote Group, Aliko Dangote, has revealed that the planned expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day will create employment opportunities for no fewer than 95,000 skilled workers at the peak of construction. The disclosure was contained in a statement issued by the company, noting […]

World

Nigeria’s manufactured exports drop despite global trade surge — UNCTAD

Global trade recorded a notable upswing in 2025, driven largely by strong manufacturing activity, which expanded by 11 per cent, even as volatile commodity prices created uneven performance across sectors. This is according to the latest Global Trade Update (April 2026), titled “Global Trade Growth Continues, but Fragility Rises,” released by the United Nations Conference […]

Business

Saudi envoy, Dangote explore partnerships in energy, infrastructure

Yousef bin Mohammed Al-Balawi, Saudi Arabia’s ambassador to Nigeria, has held talks with Aliko Dangote, chairman of the Dangote Group, on potential investments in the energy and infrastructure sectors. The meeting took place on Friday at the ambassador’s residence in Abuja’s diplomatic quarter and was aimed at strengthening economic ties between both countries, According to […]

Business

CSCS assures higher returns as ₦8.9bn dividend gets approval

Nigeria’s Central Securities Clearing System Plc has assured its shareholders of higher returns, following the approval of an N8.9 billion dividend at its 32nd Annual General Meeting in Lagos. Giving his assurance, the Chairman of the CSCS Board of Directors, Mr. Temitope Popoola, said the company remains committed to increasing shareholder returns going forward. The […]

Banking featured

Fidelity Bank raises ₦227bn from private placement, joins trillion club

Fidelity Bank Plc has announced the results of its private placement of 14.8 billion ordinary shares at N17.50 per share as of December 31, 2025. According to the April 24, 2026, disclosure, after CBN’s capital verification process, only 12.97 billion shares were successfully allotted, amounting to N227.05 billion. This represents a subscription level of 87.7% […]

Anthropic counters OpenAI with $1 AI offer to government branches
Tech

Anthropic tests AI agents in real-world marketplace pilot

Anthropic has conducted an internal pilot to test whether artificial intelligence agents can independently negotiate and complete commercial transactions involving real goods and money. The experiment, dubbed “Project Deal,” featured a controlled digital marketplace in which AI agents acted on behalf of both buyers and sellers. The agents were tasked with negotiating terms and striking […]

Energy featured

Africa’s solar battery storage capacity to grow over 20% annually — Report

Solar battery storage in Africa is poised for rapid expansion, with capacity projected to grow by more than 20 per cent annually through 2030. This is according to the 2026 State of Africa’s Infrastructure report by the Africa Finance Corporation. The report points to accelerating deployment, falling technology costs and growing investor interest as key […]

Tech

US issues global warning over alleged Chinese AI thefts

The U.S. State Department has directed its embassies worldwide to highlight what it describes as extensive attempts by Chinese firms, including AI startup DeepSeek to appropriate intellectual property from American artificial intelligence laboratories, according to a diplomatic cable reviewed by Reuters. The cable stated that the initiative aims to “warn of the risks of using […]

News

Trump cancels Iran peace talks in Pakistan

United States President Donald Trump announced he had cancelled his envoys’ planned trip to Pakistan for peace talks with Iran on Saturday, but said that did not mean an immediate resumption of the US-Israeli war against the Islamic republic. Shortly before the announcement, Iranian Foreign Minister Abbas Araghchi wrapped up his own diplomatic visit to […]

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Resident doctors suspend strike as FG reverses allowance cut

The Nigerian Association of Resident Doctors has suspended its planned indefinite nationwide strike following fresh commitments by the Federal Government to address key welfare concerns, including the reinstatement of the reviewed Professional Allowance Table. The decision was reached at an emergency virtual meeting of the association’s National Executive Council held on Saturday, April 25, 2026, […]

Business

Transcorp announces Q1 profit of ₦50.7bn despite revenue dip

Africa’s leading listed conglomerate, Transnational Corporation Plc, has announced its unaudited Q1 2026 financial results, delivering resilient profitability, strong balance sheet growth, and improved earnings to shareholders despite a moderated revenue profile. Financial Highlights: Revenue: ₦125.1 billion (Q1 2025: ₦143.7 billion). Profit Before Tax: ₦50.7 billion (Q1 2025: ₦49.4 billion). Profit After Tax: ₦37.9 billion […]

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