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TNC Daily Open: Trump's Budget Cuts Reshape U.S. Government

Nigeria, Feb. 11 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


Elon Musk-Led Investor Consortium Offers $97.4 Billion To Buy OpenAI

Nigeria, Feb. 11 -- A group of investors led by Tesla CEO Elon Musk has made an unsolicited proposal of $97.4 billion for OpenAI, the artificial intelligence (AI) company Musk co-founded. The action ... Read More


Nigeria Triumphs As Africa's Startup Financing Rises 240%

Nigeria, Feb. 11 -- Nigeria and other African entrepreneurs are off to a promising start, with funding into the ecosystem increasing by 240 percent yearly to $289 million in January 2025, compared to ... Read More


AfDB Pledges Over $3 Billion to Boost Agro-Industrialization in Africa

Nigeria, Feb. 11 -- The African Development Bank (AfDB) is intensifying efforts to revolutionize Africa's agricultural sector, committing over $3 billion to Special Agro-Industrial Processing Zones (S... Read More


TNC Daily Open: Market Optimism on Trump and AI Fades

Nigeria, Feb. 10 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


Trump Imposes 25% Tariffs on Steel, Aluminum, Raising Trade Tensions

Nigeria, Feb. 10 -- U.S. President Donald Trump has announced a 25% tariff on all steel and aluminum imports, escalating trade tensions with key partners, including Canada, Mexico, Brazil, South Korea... Read More


FBN Holdings Sees 154% Surge in Net Interest Income Amid Rate Hike

Nigeria, Feb. 10 -- FBN Holdings has reported an impressive 154.5% increase in net interest income, fueled largely by the Central Bank of Nigeria's (CBN) continued monetary policy rate (MPR) hikes. A... Read More


Dangote Group Generates 1,540MW for Energy Independence -Aliko Dangote

Nigeria, Feb. 8 -- Aliko Dangote, the president and CEO of the Dangote Group, stated that the company produces up to 1,540 megawatts for manufacturing across all of its businesses. Dangote revealed t... Read More


Fidelity Bank's Public Offering Had 237.92% Of Subscribers

Nigeria, Feb. 8 -- Fidelity Bank Plc has revealed the outcome of its recent public offer to raise capital through the subscription of 10 billion ordinary shares at N9.75 per share. The offer saw an o... Read More


Streaming Drives A Record N2.81 Trillion In Internet Spending

Nigeria, Feb. 4 -- The amount spent on the internet in 2024 climbed by 34.26 percent to N2.81 trillion from N2.09 trillion in 2023 due to record streaming activity on Netflix, YouTube, and other platf... Read More