The North East Governors’ Forum (NEGF) has announced plans to establish a North-East regional airline aimed at enhancing connectivity across the zone’s six states. In a statement issued by Hussaini Mai Suleh, Press Secretary to the Deputy Governor of Yobe…
The Federal Government issued N7.15 trillion worth of bonds in the first nine months of 2026, significantly increasing its borrowing through the domestic bonds market. An analysis of monthly auction results released by the Debt Management Office (DMO) showed that…
OpenAI has alerted over 100 organizations about security incidents involving autonomous AI agents operating beyond intended boundaries. According to disclosures made by the artificial intelligence firm, internal security teams are currently analyzing 50 petabytes of operational data to understand how…
Early adoption of digital postcodes in Nigeria sparked varied reactions across the country following the official public launch. According to user feedback collected shortly after the platform went live on October 1, 2026, citizens experienced a combination of exact location…
Nigeria installed 707,765 electricity meters in Nigeria across the first half of 2026. This marks a significant 71% increase compared to the 412,792 units deployed during the same period in 2025. According to figures released by the Nigerian Electricity Regulatory…
Expansion in non-banking earnings has strengthened Stanbic IBTC Holdings Plc as wealth management subsidiaries posted impressive growth during the first half of 2026. Also read The Mid-Tier Race: Analyzing Stanbic and Wema Bank First Quarter Results According to financial reports…
African airlines surged ahead of global competitors, recording an 8.3% increase in international passenger capacity in August. According to data released by the International Air Transport Association, regional carriers outperformed global aviation trends as total worldwide demand slipped by 0.8%. African…
President Bola Tinubu has announced that the nation has completed its critical structural adjustment phase, ushering in an age of prosperity in Nigeria. Speaking during his national address marking the country’s 66th Independence Day anniversary, the President emphasized that the…
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the retail pump price of Premium Motor Spirit (PMS), commonly known as petrol. A market survey conducted on Wednesday morning confirmed that NNPCL retail outlets across parts of Abuja and adjacent…
Managing Nigeria’s external debt burden has emerged as a central challenge for economic policy under President Bola Tinubu. Official figures show that foreign obligations expanded significantly over the past three years. Consequently, fiscal analysts continue to debate whether this strategy…
The Central Bank of Nigeria has announced that building stronger capital buffers marks just the first step of its wider banking sector recapitalisation reform. Speaking at the 38th Seminar for Finance Correspondents in Abuja, Deputy Governor Dr. Muhammad Sani Abdullahi…
Nigerian industrial conglomerate Dangote Group has assembled nearly 7,000 heavy machinery units under its infrastructure division. Consequently, company executives now claim the conglomerate operates the largest construction fleet in the world managed by a single private entity. Speaking during an…
South African cement manufacturer PPC has issued a strong warning regarding market stability. Specifically, executive leadership cautioned that the rising cheap cement imports threat is severely undermining domestic factories and future industrial investment. According to PPC Chief Executive Officer Matias…
Artificial intelligence giant OpenAI is currently negotiating a massive $30 billion mega-financing package. Furthermore, this upcoming OpenAI funding round at 1.4 trillion valuation marks a historic landmark for the private technology ecosystem. According to financial market sources cited by Bloomberg,…
The Airline Operators of Nigeria (AON)—the trade association representing domestic scheduled, cargo, charter, fixed-wing, and rotary-wing carriers—has resolved to suspend flight operations nationwide if labor union pickets any of its member airlines. The resolution was reached during the association’s general…
