Chinese president calls for fair global AI governance, unveils support for developing nations

SHANGHAI – Chinese President Xi Jinping on Friday called for a fair and inclusive global system for artificial intelligence (AI) governance, urging countries to strengthen international cooperation to ensure the technology benefits humanity while addressing its growing risks. Speaking at the opening ceremony of the 2026 World AI Conference and High-Level Meeting on Global AI […]
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UOO commends Gov Otti’s transformation of Abia

Speaks on 70th anniversary By Osa Amadi The Chairman of U.O.O Nigeria Plc, Nze Edozie Uche Okafor, has commended the Abia State Governor, Dr. Alex Otti, on the rapid transformation he has brought to the state within a short time. Speaking recently at the 36th Annual General Meeting (AGM) of the company held in Lagos, Edozie […]

Dollar to Naira exchange rate today, July 17, 2026

The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, July 17, 2026, as the official Nigerian Foreign Exchange Market (NFEM) continued to reflect modest day-to-day movements, while the parallel market maintained a premium over the official window.

External reserves now $52bn, as net reserves exceed $40bn

•Reforms restore investor confidence •Bigger banks will drive growth – Cardoso By Babajide Komolafe Governor of the Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, yesterday, said Nigeria’s external reserves have risen to about $52 billion, while net external reserves have exceeded $40 billion. He attributed the improvements to reforms that have restored investor confidence and […]

Importers set to increase depot petrol price to N1,350/litre

Fuel importers are set to increase the depot price of petrol from N1,230 per litre to N1,350. As of Thursday Importers have reportedly notified marketers of the new depot price of N1,350 per litre, industry sources say. The new depot price is expected to take effect from July 17, according to a report publish by TheCable […]

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