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Free High-Speed Wi-Fi Goes Live at Lagos, Abuja Airports

Travellers using Nigeria’s two busiest international airports can now enjoy free high-speed internet, following the launch of complimentary Wi-Fi services at Lagos and Abuja terminals. The initiative was unveiled by the Federal Airports Authority of Nigeria (FAAN) in collaboration with MTN Nigeria at the Murtala Muhammed International Airport and the Nnamdi Azikiwe International Airport. For […]

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Abuja Hosts 2026 G-24 Technical Session on Development Finance and Debt Sustainability

Abuja is hosting delegates for the 2026 Technical Session of the Intergovernmental Group of Twenty-Four (G-24), bringing together senior policymakers, central bank officials, and development finance experts to deliberate on development finance, debt sustainability, and growth strategies for emerging market and developing economies. The G-24 — formally known as the Intergovernmental Group of Twenty-Four —

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Nigeria’s External Reserves Hit $48.5bn, Highest in 13 Years as Naira Stabilises

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Abuja, February 20, 2026 — Nigeria’s external reserves have climbed to $48.5 billion as of mid-February 2026, according to data from the Central Bank of Nigeria (CBN), marking the highest level since May 2013. The figure represents a significant rise from $45.5 billion recorded at the end of 2025, reflecting improved foreign exchange inflows driven

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Dangote Group Secures $750 Million Agreements to Expand Refinery and Petrochemicals

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Dangote Group has signed two major international agreements worth a combined $750 million with XCMG of China ($400 million) and EIL of India ($350 million) to scale up its refinery and petrochemical operations. The deals are part of Dangote’s strategy to increase refinery capacity from 650,000 barrels per day to 1.4 million barrels per day,

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OpenAI Hires OpenClaw Founder, Signaling Next Phase for AI Agents

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OpenAI has taken a major step toward autonomous AI with the hiring of Peter Steinberger, the creator of the popular open-source AI agent framework OpenClaw. Steinberger will lead development of OpenAI’s next-generation AI agents, designed to perform tasks proactively on behalf of users rather than simply responding to prompts. OpenClaw gained widespread attention in late

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MTN Moves TO ACQUIRE IHS TOWERS IN $ 2.2BN DEAL FULLY, Plans NYSE Delisting

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MTN Group has announced plans to acquire full ownership of IHS Towers, after the IHS board accepted an offer of US$8.50 per share, a move that would see MTN increase its stake from 24.7 per cent to 100 per cent and take the company private. The proposed transaction, which remains subject to shareholder and regulatory

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Russia Sells Domodedovo Airport After Nationalisation as Asset Seizures Deepen Under Sanctions

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Russia has completed the sale of Moscow Domodedovo Airport, the country’s fourth-busiest aviation hub, to the managing company of Sheremetyevo Airport, following a court ruling that transferred the asset to the state earlier this year. In June, a Russian court ordered Domodedovo’s ownership to be nationalised, ruling that its former owners, Dmitry Kamenshchik and Valery

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Telecom Firms Turn to Data as Subscriber Growth Slows

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Major telecommunications companies are shifting focus toward data services as growth in new mobile subscribers begins to plateau, according to industry analysis. With voice and SMS markets nearing saturation, telecom operators are increasingly relying on mobile data, broadband services, and digital platforms to sustain revenue and profitability. Rising demand for video streaming, social media, cloud

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Adesina Unveils Global Africa Investment Summit to Attract Private Capital

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Former African Development Bank (AfDB) President, Dr. Akinwumi Adesina, has announced the launch of the Global Africa Investment Summit (GAIS), a new platform aimed at drawing large-scale private investment into Africa and reshaping how the continent is viewed by global capital markets. The initiative is designed to move Africa away from reliance on aid and

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FirstHoldco Plc Begins Major Restructuring to Drive Long-Term Sustainability

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FirstHoldco Plc has announced the commencement of a major rebuilding and restructuring process, acknowledging that the transformation of the financial services group will involve significant operational disruptions as it seeks long-term sustainability and growth. In a statement shared on social media, the Group Chief Executive Officer, Femi Otedola, described the restructuring as a necessary step

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