Google, OpenAI and Anthropic are working on an industry-led AI safety standards body as concerns grow over risks from increasingly capable AI models.
Google, OpenAI and Anthropic push for new AI safety standards body Read Post »
The scale of the artificial intelligence buildout in the United States is creating a new question for the technology industry:
US AI boom faces a trillion-dollar question: Can demand justify the investment? Read Post »
Oil prices slipped below $100 as recovering Middle East crude exports eased supply concerns, while China’s fuel-export curbs kept refined-product markets tight.
Oil prices slip below $100 as Middle East supply recovers Read Post »
Bank of Industry launches MyBOI, a digital portal that lets Nigerian businesses apply for financing, submit documents and track applications online.
BOI launches MyBOI portal to digitise business loan applications Read Post »
NNPC recorded ₦11.2tn in receivables from the Federation in 2025, including costs and advances linked to securing Nigeria’s oil and gas assets.
NNPC records ₦11.2tn in oil security receivables from Federation Read Post »
The U.S. Trade and Development Agency is funding a $1.87m feasibility study for two AI-ready data centres planned for Lagos and Delta.
U.S. backs AI-ready data centres in Nigeria with $1.87m feasibility grant Read Post »
The CBN says Nigeria’s banks must now translate stronger capital positions into productive lending, better services and support for the real economy.
CBN shifts focus from bank recapitalisation to productive lending Read Post »
Oil prices hold near $98 a barrel as markets weigh recovering Middle East exports and uncertainty over US-Iran peace talks.
Oil prices steady near $98 as Middle East supply outlook shifts Read Post »
The Federal Government is seeking more private capital for Nigeria’s refining, gas processing, pipelines, storage and other oil and gas infrastructure.
FG seeks private capital to expand Nigeria’s oil, gas infrastructure Read Post »
Nigeria’s new late tax payment interest regime takes effect October 1, linking interest on unpaid taxes to prevailing market rates.
Nigeria’s new late-tax payment interest regime takes effect today Read Post »
Dangote has begun construction of a $16 billion oil refinery in Kenya as the Nigerian conglomerate expands its industrial footprint across Africa and targets up to $50 billion in investments on the continent by 2030.
Dangote begins construction of $16bn refinery in Kenya Read Post »
Uncertainty over the Strait of Hormuz is keeping oil markets under pressure as shipping traffic remains limited and reopening talks face setbacks.
Strait of Hormuz uncertainty keeps pressure on global energy markets Read Post »
The US and China agree on tariff relief covering $30bn of goods each way and launch a new AI dialogue as their trade truce is extended.
US-China tariff cuts and AI talks reshape global trade outlook Read Post »
Dangote refinery ended August with 630.9m litres of refined products as Nigeria’s petrol imports fell 26% and domestic supply increased.
Dangote refinery holds 630.9m litres as Nigeria’s petrol imports fall Read Post »
Nigeria begins drafting new Special Economic Zone rules to protect legitimate investors, tighten compliance and clarify tax and customs responsibilities.
Nigeria begins overhaul of Special Economic Zone rules to protect investors Read Post »
