Business

African startups raise $102m in lowest month since

  • 3rd August 2026

Otedola targets 51% controlling stake in First HoldCo

  • 3rd August 2026

Nigeria can boost global creative edge via indigenous

  • 3rd August 2026

UK state investment agency faces security review after

  • 3rd August 2026

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Visa expands cybersecurity push with $2.4bn BioCatch acquisition

Tech

NRS mandates tax ID for crypto account activation

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African startups raise $102m in lowest month since 2025

Business

Otedola targets 51% controlling stake in First HoldCo

Business

Blog

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia’s $100bn OpenAI investment hits roadblock – Report

Nvidia’s proposed investment of up to $100 billion in OpenAI, aimed at supporting the training and operation of its newest AI models, has hit a roadblock amid internal doubts at the chipmaker. This was disclosed in a report by the Wall Street Journal Friday, according to Reuters. The company had announced in September that the […]

News

US govt enters partial shutdown amid funding deal delay

The United States government entered a partial shutdown on Saturday (Jan. 31) as it awaited House approval of a funding deal President Donald Trump reached with Democrats, following nationwide outrage over the killing of a US citizen by Border Patrol agents in Minneapolis. The shutdown is expected to be brief, with the House returning from […]

Amazon to exit Quebec operations, cut 1,700 jobs
Tech

Amazon seeks extension to deploy 1,600 internet satellites

Amazon has requested an extension from the United States Federal Communications Commission to meet a July 2026 deadline requiring the deployment of approximately 1,600 internet satellites. The company aims to activate more satellites to launch its space-based internet service, recently rebranded as Amazon Leo, a project backed by at least $10 billion in funding. In […]

Business

NNPC launches gas master plan 2026 to drive industrialisation

The Nigerian National Petroleum Company Limited has launched its Gas Master Plan 2026, aiming to achieve 10 billion cubic feet of daily gas production to boost industrialisation and enhance Nigeria’s energy security. The plan was disclosed in a statement bythe company’s Chief Corporate Communications Officer, Andy Odeh, on Friday. According to the statement, the initiative […]

featured

Petrol price to hit ₦1,000 per litre amid global surge

The pump price of Premium Motor Spirit could climb to about ₦1,000 per litre in the coming days following a sharp rise in global crude oil prices. Fuel marketers said Saturday that crude prices jumping above $70 per barrel may lead to another round of increases in the cost of both imported and locally refined […]

Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
Business

Airtel Africa’s profit surges to $586m in nine months

Airtel Africa’s profit after tax grew to $586 million in the nine months ended December 31, 2025. This represents a significant increase from $248 million recorded in the corresponding period of 2024. According to the company’s nine-month financial results released on Friday, the higher profit after tax in the current period was driven by higher […]

Telecommunications

Nigeria appoints adviser for $2bn fibre-optic network project

Nigeria has begun the process of appointing a financial advisory firm to structure its planned 90,000-kilometre fibre-optic network under the $2 billion Building Resilient Digital Infrastructure for Growth Project. This step marks a key milestone toward establishing a privately managed project company to deliver the nationwide rollout. According to BusinessDay, an official familiar with the […]

Investment

IFC commits $2.1bn portfolio as VP Tafara visits Nigeria

The Vice President for Africa at the International Finance Corporation, Ethiopis Tafara, will visit Nigeria from January 29 to February 4, 2026. The visit forms part of IFC’s continued engagement to strengthen private sector development and investment-led growth in the country. During the visit, Tafara will meet with senior government officials, private sector leaders, financial […]

Housing

Shettima inaugurates 133-housing resettlement scheme in Kaduna

Vice President Kashim Shettima has inaugurated the Tudun Biri Community Resettlement Scheme in Igabi Local Government Area of Kaduna State. The project includes 133 completed housing units, educational facilities, and other state-of-the-art infrastructure. Shettima performed the inauguration on Friday in Kaduna. He described the initiative as another promise fulfilled by President Bola Tinubu. The Tudun […]

Finance

Multiple taxes threaten survival, growth, private sector warns

The Organised Private Sector of Nigeria has called for urgent economic and regulatory reforms. It warned that mounting tax and regulatory pressures are threatening the survival and growth of businesses across the country. The call was made at the OPSN strategy meeting held on Friday. The Chairman of OPSN, Jani Ibrahim, spoke at the meeting. […]

Oil and Gas

NNPCL unveils NGMP 2026 to drive gas industrialisation

The Nigerian National Petroleum Company Limited on Friday unveiled its Gas Master Plan 2026, tagged NGMP 2026, in a renewed effort to reposition Nigeria’s gas sector as the foundation for industrialisation, energy security, and sustainable economic growth. The unveiling ceremony occurred at the NNPC Towers in Abuja on Friday. Industry stakeholders described the event as […]

featured Finance

Senate fixes March 17 for ₦58.47trn 2026 budget passage

The Senate Committee on Appropriations has tentatively scheduled Tuesday, March 17, 2026, for the final consideration and passage of the N58.47 trillion 2026 Appropriation Bill. To achieve this timeline, the committee held a special session on Friday and approved February 2 to 13, 2026, for budget defence by Ministries, Departments and Agencies (MDAs) at the […]

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