BOI to channel 80% large enterprise loans towards priority sectors
The Bank of Industry has rolled out a new financing strategy that will channel 80 per cent of its lending to large…
Business
Airtel, Starlink debut satellite-to-mobile connectivity in Africa
Airtel Africa and Starlink have launched satellite-to-mobile connectivity in the Democratic Republic of the Congo, marking the first commercial deployment of the…
AI-driven cyberattacks surge 56% – IBM
AI-driven cyberattacks surged by 56 per cent over the past year, with more than a quarter of organisations hit by malicious attacks…
PwC flags gaps in new NRS virtual asset tax guidelines
PwC Nigeria has identified several areas of ambiguity in the Nigeria Revenue Service’s newly issued Guidelines on the Taxation of Virtual Assets,…
Nigeria’s exports to China jump 80% to $2.3bn
Nigeria’s exports to China surged by 80 per cent to $2.3 billion in the first half of 2026, driven by China’s expanded…
Anthropic revenue soars 1,360% ahead of planned IPO
Anthropic, the artificial intelligence startup behind the Claude chatbot, has reported a staggering 1,360 per cent surge in quarterly revenue to more…
How to access FG’s ₦5m grant for young entrepreneurs
The Federal Government has unveiled a new initiative that will provide up to ₦5 million in non-dilutive funding to selected young Nigerian…
IBM, OpenAI partner to target growing enterprise AI market
IBM on Thursday announced a partnership with OpenAI to make the AI company’s models and tools available to more enterprise customers, giving…
FCCPC warns bakeries against compromising food safety
The Federal Competition and Consumer Protection Commission has warned bakery and confectionery operators against compromising food safety and product quality, stressing that…
NAICOM confirms seven more insurers meet capital requirements
The National Insurance Commission has confirmed that seven more insurance companies have met the minimum capital requirements set under the Nigerian Insurance…
Aradel Holdings announces plans to begin refining petrol in 2027
Integrated indigenous energy company, Aradel Holdings Plc, has announced plans to begin refining petrol at its modular refinery in 2027. The company…
DMO raises N5.86bn via savings bond in August
The Debt Management Office raised N5.86 billion through the Federal Government of Nigeria Savings Bond in August 2026, representing a decline from…