By Ayomide Otitoju The World Trade Organization (WTO) has warned that the global trading system is facing its most serious and sustained disruption in decades, with growing trade fragmentation threatening economic growth and living standards. In its annual report released Tuesday, the WTO said a return to unilateral trade policies could cut global gross domestic…
Microsoft’s artificial intelligence division has published a code of conduct outlining how its AI models should behave amid growing concerns over the potential risks posed by the technology. The document is based on what Microsoft calls “Humanist AI,” an approach designed to keep AI systems firmly under human control rather than allowing them to operate…
By Ayomide Otitoju Keystone Bank has been appointed an accredited financial institution through which eligible investors can subscribe for shares in the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE. The appointment makes the bank an authorised receiving agent for the offer, providing Nigerians and eligible international investors with access to the…
By Ayomide Otitoju President of Dangote Group, Aliko Dangote, has assured prospective investors in the Dangote Petroleum Refinery and Petrochemicals FZE of strong returns, saying dollar-denominated dividends could help Nigerians with children studying abroad cope with naira devaluation. Dangote gave the assurance on Monday at the Nigerian Exchange (NGX) trading floor in Lagos while delivering…
By Ayomide Otitoju President of Dangote Group, Aliko Dangote, has projected that the Dangote Petroleum Refinery and Petrochemicals FZE will become the most valuable company in Africa by the end of 2026. Dangote made the projection on Monday at the Nigerian Exchange (NGX) trading floor in Lagos while delivering an opening address to mark the…
By Ayomide Otitoju The Nigeria Civil Aviation Authority (NCAA) has reported that domestic airlines delayed 4,765 flights and cancelled 36 others in August 2026. The regulator disclosed this on Sunday in a post on its official X handle while releasing its monthly summary of domestic airline operations. According to the NCAA, 15 airlines operated 7,961…
By Ayomide Otitoju MTN Nigeria, in partnership with the Nigeria-South Africa Chamber of Commerce (NSACC), has highlighted its role in supporting indigenous businesses and strengthening local supply chains in Nigeria. The telecoms company made this known at a business breakfast session organised by MTN Nigeria and NSACC at Eko Hotel & Suites, Victoria Island, Lagos….
By Ayomide Otitoju Fidelity Bank has introduced multiple digital and branch-based channels for investors seeking to subscribe to the Dangote Petroleum Refinery Initial Public Offering (IPO), with the bank saying the process can be completed in less than two minutes. The channels are available to existing Fidelity Bank customers, corporate organisations and non-customers in Nigeria…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reaffirmed its commitment to developing multiple pathways to transform Nigeria into a global gas hub. NNPC’s Executive Vice President, Gas, Power and New Energy, Olalekan Ogunleye, disclosed this on Monday while speaking at the 2026 Gas Technology and Exhibition Conference (GASTECH) in Bangkok,…
