Business

Nigeria handles 25% West African cargo despite 60%

  • 16th April 2026
Maritime workers reject FG’s plans to re-float NNSL

Nigeria unveils first African blue economy television

  • 16th April 2026

Dangote listed among TIME 100 most influential people

  • 15th April 2026

FG won’t reinstate fuel subsidy despite Middle East

  • 15th April 2026

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Nigeria's external reserves dip by $4.28bn in 2023 - Report

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Electricity

Nigeria’s electricity crisis persists as installed capacity lies dormant

Nigerians continue to face electricity shortages as about 9,536 megawatts of installed power generation capacity remains unavailable, according to the latest data from the Nigerian Electricity Regulatory Commission. An operational report by the regulator showed that grid-connected plants had a total installed capacity of 13,625MW in March, but only 4,089MW was available for dispatch. This […]

Maritime workers reject FG’s plans to re-float NNSL
Business

Nigeria unveils first African blue economy television

Blue Economy Television, a platform established to promote Nigeria’s maritime and blue economy sector, has been officially launched in Lagos. A statement issued on Monday described the initiative as a landmark in specialised broadcasting, noting that it is the first of its kind in Africa. The channel will focus on marine resources, policy conversations, shipping, […]

Aviation

United Nigeria aircraft grounded after bird strike at Abuja airport

Another United Nigeria Airlines aircraft operating from Port Harcourt to Abuja has been grounded after experiencing a bird strike during landing. The airline’s spokesperson, Chibuile Uloka, confirmed the incident in a statement issued on Wednesday. Earlier that same day, the carrier had reported a separate bird strike involving one of its CRJ-900 jets. With the […]

featured Finance

Official, parallel FX market rates show naira appreciation

The Naira demonstrated a firming trend against the United States Dollar in the early hours of Thursday, April 16, 2026, as increased market supply and strategic policy measures continued to influence currency valuations. In the Nigerian Foreign Exchange Market, the official window for currency transactions, the Naira opened the session with a notable appreciation, trading […]

Business

Dangote listed among TIME 100 most influential people

The President of the Dangote Group, Aliko Dangote, has been named to the TIME100 list for 2026, reinforcing his position as one of the world’s most influential business figures. The list, released on April 15, honours individuals driving global conversations across business, politics, technology, and culture. Dangote appears alongside world leaders such as Donald Trump, […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic reports progress in fixing chatbot login issues

Anthropic on Wednesday stated that login success rates for the chatbot had stabilised and that it was working to fully resolve the issue. The company had earlier reported that it encountered elevated error rates affecting its Claude chatbot, application programming interface, and coding assistant, Claude Code, according to its status page. As of 1:50 p.m. […]

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Nigeria’s inflation rises to 15.38% in March – NBS

Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent in February, according to the National Bureau of Statistics. This marks the first increase in 12 months, following a steady decline that began in April 2025. The NBS disclosed the figure in its Consumer Price Index report released […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

xAI faces lawsuit over alleged toxic emissions in US

A new lawsuit claims that Elon Musk’s artificial intelligence company has been unlawfully releasing harmful pollutants into predominantly Black communities along the Tennessee-Mississippi border in the United States. Filed Tuesday in federal court in Mississippi, the complaint alleges that xAI is breaching the Clean Air Act through emissions from a temporary power plant in Southaven, […]

Business

Starbucks introduces ChatGPT Beta to personalize beverage choices

Starbucks has introduced a beta app within ChatGPT aimed at helping customers discover and customize drink ideas, the company announced Wednesday. To access the feature, users must enable the Starbucks app through ChatGPT’s app directory and include “@Starbucks” in their prompt. While customers can personalize their beverages and choose a pickup location, they must finalize […]

Tech

OpenAI drops Norway data centre plan

OpenAI has scrapped plans to lease computing power directly from a Norwegian data center, just days after confirming it had paused a similar initiative in the United Kingdom instead, Microsoft will assume the additional capacity previously allocated to OpenAI at the planned 230-megawatt “Stargate Norway” facility in Narvik. An OpenAI spokesperson said that the company […]

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