Analysts Warn of Rising Risks as Foreign Exchange Markets Become Overcrowded

Foreign exchange markets are increasingly vulnerable to sudden reversals as traders continue to concentrate heavily on the US dollar and carry trade strategies, according to a new market analysis by JustMarkets.

Dangote Refinery launches $1bn share sale as IPO plans move closer

Dangote Petroleum Refinery has initiated a private share placement targeting up to $1 billion, marking a major step towards a potential stock market listing and underscoring the scale of its expansion ambitions.

OPay, Dolly Children Foundation Partner to Improve School Sanitation in Ogun

OPay Digital Services Limited has partnered with the Dolly Children Foundation (DCF) to deliver a sanitation and education support initiative for students of Ebenezer Grammar School, Iberekodo, Abeokuta, Ogun State, under the OPay Clean Future Project.

MarkHack 5.0 Spotlights AI, Culture and the Future of Marketing in Nigeria

MarkHack 5.0 brought together some of Africa’s leading voices in marketing, media, technology and policy to examine the growing influence of artificial intelligence on business, creativity and consumer engagement.

Rite Foods Marks World Environment Day with Climate Education, Tree Planting in Schools

Rite Foods Limited has reinforced its commitment to environmental sustainability and climate action by engaging students in environmental education, tree-planting and recycling awareness programmes across Lagos and Ogun states to commemorate the 2026 World Environment Day.

Gulf Crisis Puts Nearly $94bn in Global Advertising Growth at Risk, WARC Warns

A prolonged crisis in the Gulf region could jeopardise almost $94 billion in global advertising growth over the next 18 months, according to new research from WARC, as rising energy costs and disruption to global trade threaten consumer spending and business confidence.

LG Electronics Launches ‘Make Life Good’ Reality Series to Celebrate Community Impact Across Africa

LG Electronics Nigeria has announced the launch of Make Life Good, a new reality television series created in partnership with MultiChoice and set to premiere on Africa Magic on 13 June.

Shuttlers Joins Google Maps Transit in Nigeria, Records 10 Million Passenger Journeys

Shuttlers, the technology-driven shared mobility platform, has announced its integration into the Google Maps Transit system in Nigeria, alongside reaching a major operational milestone of 10 million completed journeys.

Ousted Tottenham chairman Daniel Levy reportedly sells 25% stake in Enic

Former Tottenham Hotspur executive chairman Daniel Levy has reportedly sold a 24.99% stake in the club’s parent company Enic to sports investment group Eight Sports Capital, according to the company.

Dangote Refinery boosts crude processing capacity to 700,000 barrels per day

Dangote Petroleum Refinery has increased its crude processing capacity to 700,000 barrels per day, surpassing its official nameplate capacity of 650,000 barrels per day in a significant operational milestone for Africa’s largest refinery.

World Out of Home Organisation honours global excellence at London Congress Awards

The World Out of Home Organisation (WOO) has announced winners across its Individual, Digital, Classic and Special Build Creative, Sustainability and Technical Innovation categories at its annual Global Congress held in London on 4 June.

Nike Unveils Star-Studded ‘Rip The Script’ Campaign Ahead of 2026 FIFA World Cup

Nike has launched its latest global football campaign, “Rip The Script”, a cinematic six-minute production featuring some of the biggest names in sport and entertainment ahead of the 2026 FIFA World Cup.

Crypto Market Capitalisation Falls to $2.1 Trillion as Bitcoin, Ethereum and XRP Extend Losses

The global cryptocurrency market suffered a sharp sell-off over the past 24 hours, with total market capitalisation dropping to $2.1 trillion amid mounting liquidation pressure across major digital assets.