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The Nigerian stock market began the week on Monday, October 12, 2026, in red as total equities market capitalisation contracted from N161.26 trillion recorded on Friday, October 9, to N160.85 trillion…
Technext · ↗ Nigerians consume 1.76 million terabytes of data in August 2026, the highest yetLatest industry data by the Nigerian Communications Commission (NCC) has shown that Nigerian internet subscribers used 1.76 million…
Nairametrics · ↗ BREAKING: Dangote Refinery heads to Appeal Court over ‘continual fuel import licences’ judgementDangote Petroleum Refinery Petrochemicals FZE has urged the Court of Appeal in Abuja to grant it permission to challenge a recent Federal High Court judgment ordering the Nigerian Midstream and Downst…
TechCabal · ↗ If AI prompts can build your product, will African VCs still invest?Six African investors explain what makes African AI startups fundable: local-language voice products, sticky software, licences and revenue.
Nairametrics · ↗ BREAKING: Dangote Refinery extends IPO subscription deadline to October 27Dangote Petroleum Refinery and Petrochemicals FZE has extended the subscription period for its initial public offering (IPO) by two weeks to October 27, 2026, following approval from the Securities an…
Technext · ↗ Telecom: Globacom loses nearly 46,000 subscribers in August 2026Telecoms operator Globacom lost close to 46,000 customers in August 2026, dropping from 23.63 million in July to…
Nairametrics · ↗ Global smartphone shipments plunge 20% to lowest level in 14 yearsGlobal smartphone shipments fell 20% year-on-year in the third quarter of 2026 to their lowest level for the period since 2012, as persistent memory shortages and rising component costs disrupted supp…
Nairametrics · ↗ Court strikes out charges against alleged fake DG over prosecution loopholesThe Federal High Court in Abuja has struck out the eight-count criminal charges against Adeniyi Adeyemi, the alleged fake Director-General of the Presidential Foreign Intervention Promotion Council (P…
Technext · ↗ Dangote Refinery extends IPO by 10 days to attract more African investorsDangote Petroleum Refinery is extending its initial public offering (IPO) by an additional 10 days, allowing more investors…
Nairametrics · ↗ Aradel and Oando Put Nigeria’s Indigenous Energy Sector on the FTSE Frontier IndexNigeria’s return to Frontier Market status has brought 31 Nigerian companies into the FTSE Frontier Index Series, including Aradel Holdings and Oando Plc, the only two Nigerian indigenous energy compa…
Nairametrics · ↗ Midea Launches WIN 9JA WIN Promotion with Guaranteed Rewards and Chery Tiggo 2 Pro Grand PrizeNationwide scratch and win campaign rewards every qualifying shopper and brings the promotion closer to consumers through a multi market Promo Tour Truck programme Opening News LeadMidea has announced…
TechCabal · ↗ Millions of Africans have internet coverage but are not online. Here’s whyMillions of Africans live within reach of mobile broadband but remain offline. Ghana, Egypt, and Niger show why expanding coverage is only part of the solution: people also need affordable devices, tr…
Nairametrics · ↗ Send App by Flutterwave Named Headline Sponsor of EbonyLife Place London Launch as Flutterwave Becomes Exclusive Payments PartnerPartnership brings payment technology and diaspora engagement to Mo Abudu’s new destination for African film, food, fashion, art and music. Send App by Flutterwave today announced its headline sponsor…
Nairametrics · ↗ NNPC revenue hits N28.54 trillion in eight monthsNNPC Limited generated N28.54 trillion in revenue and recorded N2.99 trillion in profit after tax between January and August 2026.
Nairametrics · ↗ Peter Obi challenges World Bank’s growth outlook, says Nigerians remain worse offFormer Anambra State Governor and the presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has said that the World Bank’s assessment of Nigeria’s improving macroeconomic perform…
Nairametrics · ↗ INEC flags fake governorship notice targeting six states, warns NigeriansThe Independent National Electoral Commission (INEC) has warned Nigerians against a fraudulent publication circulating online that falsely claims to be a special announcement by the Commission regardi…
Nairametrics · ↗ TikTok distances itself from Northern Nigeria blackout; cause remains unclearTikTok has denied implementing restrictions on access to its platform in parts of Northern Nigeria, saying it is engaging relevant stakeholders to resolve the disruption reported by users.
Nairametrics · ↗ Peter Obi faults Tinubu over N7.7 trillion debt interest payments in six monthsFormer Anambra State Governor Peter Obi has criticised President Bola Tinubu’s administration over N7.7 trillion in debt interest payments in the first half of 2026, arguing that improvements in econo…
Technext · ↗ Despite AI’s contribution to global GDP, the IMF Chief warns it threatens 40% of global jobsHas it ever crossed your mind that you might lose your job to artificial intelligence someday? If yes,…
Nairametrics · ↗ OPEC slashes 2026 oil demand forecast by over 70% to 400,000 bpdThe Organisation of the Petroleum Exporting Countries (OPEC) has reduced its global oil demand growth forecast for 2026 by more than 70%, from 1.4 million barrels per day (bpd) to 400,000 bpd, reflect…
Nairametrics · ↗ Nigeria’s lost purchasing power: How a decade of economic shocks changed moneyNigeria’s economy has undergone a profound transformation over the past decade, with currency depreciation, rising inflation, fuel subsidy removal and high interest rates eroding household purchasing…
TechCabal · ↗ How Lagos Life turned a viral game into an ad businessThis is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops eve…
Technext · ↗ Few rides, long waiting times on inDrive and Bolt as drivers begin indefinite strike in LagosFewer rides and longer waiting times have been reported on Bolt and inDrive as e-hailing drivers begin an…
Technext · ↗ Top 10 smartphones with the best batteries in Nigeria in 2026In Nigeria, a dead phone can mean missed calls, stranded commutes, and lost work. With power cuts and…
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Airtime, data, electricity and TV from one naira balance.