Emerging Markets

From megawatts to prosperity: Rural electrification in the age of AI

A shift is taking place in the global economy. For much of the past decade, discussions about artificial intelligence centered on …

Jigawa approves N3.4 billion for education, infrastructure development

The Jigawa State Government has approved N3.4 billion for education and infrastructure projects across the state. The post Jigawa …

Dangote Refinery secures $400 million commitment ahead of $5 billion IPO

Dangote Petroleum Refinery & Petrochemicals FZE has secured a $400 million underwriting commitment from investors ahead of it…

SOKOYO’s Qatar deal signals bigger solar street-light opportunity for Nigeria

SOKOYO Solar Group has completed the installation of 252 solar street-lighting units at QatarEnergy’s power project in Ras L…

Dangote refinery expands free petrol delivery to four more states

Dangote Petroleum Refinery has expanded its free petrol delivery scheme to four additional states, bringing the total number of lo…

Seven Nigerian companies leading the solar manufacturing push

Nigeria’s push to build solar panels at home rather than import them is gathering pace, as local assemblers and government-b…

Standard Chartered Bank Nigeria Limited Partners Junior Achievement Nigeria to equip over 600 young Nigerians with critical digital skills

Standard Chartered Bank Nigeria Limited has partnered with Junior Achievement Nigeria (JAN) to expand access to digital skills tra…

What CBN’s liquidity data means for banks, borrowers, economy

Nigeria’s banking system entered the second quarter of 2026 with ample liquidity, but tighter monetary operations by the Central B…

CHI Life pushes innovation, partnership to deepen market penetration

CHI Life Assurance Limited is seeking stronger collaboration with insurance brokers, product innovation and broader financial-sect…

Dangote Refinery pulls in $400m in underwriting commitments for mega IPO

Investors have committed $400 million to a planned initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE.…

US bond yields hit 20-year high, putting Naira and Nigerian stocks under pressure

Yields on US 30-year Treasury debt reached the highest level in nearly 20 years as investors worried that runaway government spend…

NNPC, FIRST E&P deepen social investment with new grants

The NNPC Limited/FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) Joint Venture has moved beyond conven…

May & Baker warns investors over fraudulent ‘M&B Equity Stake’ scheme

May & Baker Nigeria Plc has warned investors against a fraudulent investment scheme circulating online under the name “M&B…

Otedola raises First HoldCo stake with N20.7 billion share purchase

Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has increased his stake in the financial services group after…

These six insurers missed NAICOM recapitalisation deadline, face uncertain future

The Nigerian insurance industry has just concluded one of its biggest reforms in years, raising a total of N720 billion through a …

TrustBanc CEO calls for AI-Enabled MSME Credit and Professional Fintech Certification

Abubakar Jimoh, FCIB, CFA, Group CEO of TrustBanc Financial Group and Chairman of the Occasion at the 2026 Lagos Bankers' Fair, ha…

Billionaire Elon Musk’s net worth rises $30 billion in 24 hours

Elon Musk’s net worth has risen by $30.7 billion in the past 24 hours, taking his fortune to $894.9 billion as of August 18, 2026.…

Access Holdings delays H1 audited results to September 30 over CBN approval

Access Holdings Plc has secured an extension from the Nigerian Exchange Limited (NGX) to publish its interim audited financial sta…

Access Holdings secures NGX approval to delay H1 audited results until September 30

Access Holdings Plc has secured an extension from the Nigerian Exchange Limited (NGX) to publish its interim audited financial sta…

DMO allots N1.56 trillion FGN bonds as demand hits N1.73 trillion, lowers rates

Nigeria's Debt Management Office (DMO) allotted a combined N1.56 trillion across three Federal Government of Nigeria (FGN) bond of…

Six-step AI roadmap emerges for Nigerian SMEs

Nigerian Small and Medium-sized Enterprises (SMEs) can adopt Artificial Intelligence without the huge budgets or specialised data …

Bosun Tijani unveils National Digital Cloud Policy, targets $750 million investments

The Federal Government of Nigeria, through the Federal Ministry of Communications, Innovation & Digital Economy, has unveiled…

Top 10 most expensive states to live in July 2026

Nigeria’s headline inflation rate declined to 15.43% in July 2026, representing a 0.48 percentage-point decrease from the 15.91% r…

Food inflation hits 20.31% in July 2026, highest since September 2025

Nigeria’s food inflation rate rose to 20.31% year-on-year in July 2026, marking its highest level since September 2025 despite a f…