African artificial intelligence startups are facing mounting pressure on profitability as rising dollar-denominated computing costs collide with customers’ limited willingness ...

The bank sees a different question: can this business turn the money it borrows into enough reliable cash flow to repay it? Both may be right. The entrepreneur may have found a genuine opportunity.

The Nigerian Economic Summit Group (NESG) has honoured Frank Aigbogun, publisher and chief executive officer of BusinessDay Media Limited, for his contributions to Nigeria’s economic policy dialogue ...

Nigeria has selected 21 athletes to represent the nation at the 2026 Youth Olympic Games in Senegal, where it will compete for medals in eight sports approved by the International Olympic Committee ...

Dangote Cement Plc increased its profit after tax by 31.1 percent to N974.79 billion in the nine months ended September 2026, while the share price rose over 120 percent year-to-date. The company’s ...

Abdul Samad Rabiu, the founder and executive Chairman of BUA Group, has disclosed that BUA Foods and BUA Cement, both listed on the Nigerian Exchange, now have a combined market capitalisation ...

There was a time when oil was Nigeria’s greatest blessing. Today, many would argue that it might also be a curse. Oil gave Nigeria effortless money. Easy money weakened discipline. It established a ...

The share price of Kenya Pipeline Company (KPC) has surged after Africa’s richest man and industrialist, Aliko Dangote, confirmed a major expansion of his energy footprint through the acquisition of a ...

Nanotyrannus skeleton sells for $47.3m at New York auction A fossil skeleton of a Nanotyrannus dinosaur has sold for $47.3 million at a Sotheby’s auction in New York, far exceeding its expected price ...

An Economic and Financial Crimes Commission (EFCC) witness on Tuesday acknowledged before the Ikeja Special Offences Court in Lagos that the sale of NG Eagle Airline received full authorisation from ...

The federal government has agreed to immediately commence payment of N70,000 transport allowance for workers for the next six months The decision followed agreement between the government and ...

West African ports rely heavily on diesel-powered machines to move containers, lift heavy loads and keep cargo flowing. But diesel comes with a cost: fuel expenses, maintenance bills and emissions. As ...