Business

Global goods trade rises 12.5% to $13.7tn in

  • 16th August 2026

Anthropic details Claude watermarking system to meet EU

  • 16th August 2026

BOI to channel 80% large enterprise loans towards

  • 16th August 2026

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

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SpaceX completes acquisition of AI coding startup Cursor

Tech

Global goods trade rises 12.5% to $13.7tn in H1

Business

Anthropic details Claude watermarking system to meet EU AI

Business

Apple unveils new commission rates for external app payments

Tech

Blog

Ecobank raises $125m in oversubscribed Eurobond issuance
Banking

How Nigeria, others can avoid Trump tariff fallout – Ecobank

The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has stated that African nations can soften the economic impact of United States President, Donald Trump’s new tariffs by strengthening trade among themselves. In an interview with Bloomberg TV, Awori explained that the tariffs are likely to replace the African Growth and Opportunity Act, a […]

Electricity

Six firms, university abandon national grid over blackouts

The Nigerian Electricity Regulatory Commission has granted approval to six firms and Nile University of Nigeria in Abuja to generate and distribute electricity, following ongoing power outages caused by frequent grid collapses. These entities will be permitted to generate up to 30 megawatts of electricity through various arrangements, aiming to address the country’s energy challenges. […]

Aviation auditors begin security audits of Lagos, Abuja airports
Aviation

FAAN unveils new security technology at Nigerian airports

The Federal Airports Authority of Nigeria has enhanced security measures at Nigerian airports, particularly international ones, to align with the International Civil Aviation Organization’s Standard and Recommended Practices. In line with the upgrades, FAAN has replaced much of the old security equipment with modern, state-of-the-art alternatives at key areas of the airports, particularly at international […]

featured

Lagos-Calabar coastal road designed to withstand floods for 50 years – Minister 

The Minister of Works, David Umahi, has assured that the Lagos-Calabar Coastal Highway is designed to withstand floodin for up to 50 years. This was disclosed during a stakeholder engagement session in Lagos, where he discussed the project’s key features and its long-term resilience, according to NAN on Sunday. Umahi emphasized that the highway’s pavement […]

News

Experts support Reinsurance’s AI strategy for sector growth

Stakeholders in Nigeria’s insurance industry have expressed support for Nigeria Reinsurance Corporation’s new AI strategy, commending its balanced approach. Public affairs commentator, Ade Adesokan, noted that the initiative showcases how effective leadership can merge cutting-edge technology with deep human expertise. Nigeria recently introduced a training initiative called ‘Reinsurance Accounting System and Claims Handling’ aimed at […]

Trump signs executive order establishing US Bitcoin reserve
News

European stocks dive to 16-month low amid global recession fears

European shares hit a 16-month low as investors reacted to fears of a recession following the United States tariff announcements. Despite China’s retaliation, U.S. President, Donald Trump, remained firm on his tariff plans, leading investors to expect interest rate cuts from both the European Central Bank and the Federal Reserve. The pan-European STOXX 600 dropped […]

Business

Asian stock markets suffer losses as trade war fears mount

Asian stock markets experienced a sharp decline amid growing concerns over a global trade war, with Donald Trump referring to his tariffs as “medicine” and showing no intention of backing down. Hong Kong’s Hang Seng index plummeted 13.2%, marking its biggest one-day drop since 1997, while the Shanghai Composite index fell 7.3%, the worst drop […]

Cryptocurrency stocks climb as Ether hits six-month high
News

Bitcoin crashes to $77K as global market bleed from Trump tariffs

Bitcoin plunged to a near one-month low in early Monday trading, extending a week-long decline as global markets reeled from escalating economic tensions triggered by new trade tariffs imposed by U.S. President Donald Trump. The move, widely criticized as a spark for a global trade war, has deeply shaken investor confidence and slashed appetite for […]

Electricity

FG to receive 3.2M electricity meters in April 2025 – Minister

The Federal Government has announced that it will receive the first batch of 3.205 million electricity meters in April 2025. This initiative is aimed at addressing the metering gap across the country. Minister of Power, Adebayo Adelabu, made the disclosure in a statement issued by his Special Adviser on Strategic Communications and Media Relations, Bolaji […]

Business

Senate pledges legislative support for $1bn Chinese investment

The Senate Committee on Solid Minerals has pledged to provide legislative support to protect Chinese companies intending to invest $1 billion in Nigeria’s solid minerals sector. The acting Chairman of the Committee, Senator Onawo Mohammed Ogoshi, assured a Chinese delegation during an interactive session that the Senate will provide enabling legislation to protect their investments […]

News

FRC cancels suspension on audit firm partner

The Financial Reporting Council has lifted the three-month suspension of Mr. Abel Onyeke, a partner at Nexia Agbo Abel & Co. This was revealed in a statement issued on Sunday, noting that the Council, in a notice signed by its Executive Secretary/Chief Executive Officer, Dr. Rabiu Olowo, dated March 20, 2025, had concluded its investigation […]

Oil and Gas

US crude oil drops below $60/barrel, lowest since 2021

United States oil prices dropped below $60 a barrel on Sunday due to concerns that President Trump’s global tariffs could push the U.S. and possibly the world into a recession. Futures for West Texas Intermediate crude fell over 3 per cent to $59.78, following back-to-back 6% declines last week. This marks the lowest price for […]

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