African Startups See Debt Financing Surge to $1.2 Billion: Institutional Investors…
Debt financing for African startups has surged from less than $300 million in 2021 to $1.2 billion in 2025, marking…
NNPC/Seplat JV Transforms Lives with ‘Eye Can See’ Free Eye Care Programme in Imo
The NNPC/Seplat Joint Venture (JV) has made a remarkable impact on the health and well-being of residents in Imo…
Nigeria’s Power Sector Reforms Attract $2 Billion Investment, Liabilities Slashed…
Nigeria’s ongoing power sector reforms are yielding tangible results, attracting $2 billion in fresh investment and…
Netflix Raises Subscription Prices Across All Plans in 2026: What Viewers Need to…
Netflix is raising its subscription prices again, affecting all tiers of its streaming service. The company…
5G Rollout Struggles to Boost Revenue for Mobile Operators in Africa
The rollout of 5G across Africa is making headlines, but mobile operators are finding that faster speeds and more…
CBN Cuts Treasury Bill Rates as Investors Flood Market with N2.7 Trillion…
The Central Bank of Nigeria (CBN) reduced stop rates on longer-dated Treasury bills at its 25 March auction, even…
Nigeria’s Capital Market Key to Closing $100 Billion Infrastructure Gap, Says SEC
Nigeria is actively repositioning its capital market as a central driver for economic growth and infrastructure…
Nigerian Stock Market Hits Historic High as All-Share Index Crosses 200,000 Points
The Nigerian stock market reached an unprecedented milestone on Wednesday as the All-Share Index (ASI) surged past…
NCC to Block Fraudulent Mobile Numbers Nationwide to Boost Digital Security
The Nigerian Communications Commission (NCC) has unveiled plans to block mobile numbers linked to fraudulent…
Dangote Refinery Cuts Petrol Price to N1,200 Amid Global Oil Market Volatility
Dangote Petroleum Refinery has announced a significant reduction in its ex-gantry petrol price, bringing it down to…
MTN Nigeria Leads Market Trades as All-Share Index Holds N128.9 Trillion
The Nigerian stock market saw modest gains on Thursday, March 26, 2026, as the All-Share Index edged up by 32…
South Africa Holds Interest Rate at 6.75% Amid Rising Inflation Risks from Iran…
South Africa’s central bank has decided to maintain its policy rate at 6.75%, signaling caution as global energy…
32 Nigerian Banks Achieve Recapitalisation Target Ahead of Deadline, Boosting…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have successfully…
Google Makes It Easy to Switch Chatbots: Transfer Your Chats and Memories to…
Google is making it simpler than ever for users to move from other AI chatbots to its own Gemini platform. In a…
Naira Strengthens Across FX Markets as CBN Remittance Rule Boosts Liquidity
The naira on Thursday strengthened across Nigeria’s foreign exchange (FX) markets, reaching a five-month high, as…
European Stocks Poised to Rise as Trump Extends Iran Strike Hiatus
European stock markets are expected to open higher on Friday following U.S. President Donald Trump’s announcement…
Trump Extends Deadline for Strikes on Iran’s Energy Plants to April 6 Amid Tense…
President Donald Trump has extended the deadline for Iran to reopen the Strait of Hormuz to April 6, pausing…
World Bank Moves to Support Economies Hit by Middle East Conflict Amid Rising…
The World Bank Group has announced plans to support emerging economies grappling with the ripple effects of the…
UN votes to recognise enslavement of Africans as ‘gravest crime against…
The United Nations General Assembly has taken a historic step by officially recognising the transatlantic slave…
Oil Prices Surge Past $100 Amid Middle East Tensions and Supply Disruptions
Oil prices rebounded sharply on Thursday, recovering from a brief dip as fading hopes for a swift end to the Iran…
Global Markets React as Oil Nears $100 Amid Iran Conflict Resolution Speculation
Global markets experienced a volatile start on Thursday, with stock futures slipping while oil prices surged as…
Africa Must Integrate Financial Systems to Avoid Fragmented Growth, BoG Governor…
Africa’s financial sector risks fragmented growth unless countries work to integrate their systems and regulatory…
NNPC says Nigeria is attracting more buyers for LNG cargoes
Nigeria is witnessing a surge in interest for its liquefied natural gas (LNG) cargoes as global energy disruptions…
Nigeria Fast-Tracks Idle Oil Wells as NUPRC Approves PEL No. 5 for SeaSeis…
Nigeria is fast-tracking efforts to boost its oil production as crude prices hover near $100 a barrel. The Nigerian…
Nigerian Banks Raise N4.61 Trillion in Capital, N1.2 Trillion from Foreign…
Nigerian banks have successfully raised N4.61 trillion in fresh capital as part of the ongoing banking sector…
Nigeria’s Banking System Liquidity Holds Above ₦8 Trillion Despite ₦2.36 Trillion…
Nigeria’s banking system liquidity held steady above ₦8 trillion despite a ₦2.36 trillion Open Market Operations…
CBN Governor Cardoso Urges Stronger Cross-Border Cooperation Among African…
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has called for deeper collaboration among…
$6B Funding Gap Threatens Nigeria’s Oil Output Surge and Crude Supply to Dangote…
Nigeria’s ambition to rapidly increase oil production could be hampered by a staggering $6 billion capital…
CBN Approves 100% Forex Repatriation for Oil Companies in Major Market Reform
The Central Bank of Nigeria (CBN) has approved the full repatriation of foreign exchange earnings for International…
Dangote Refinery Receives Only 5 Crude Cargos Monthly Amid Crude-for-Naira…
The Chief Executive Officer of the Dangote Refinery, David Bird, has raised alarms over a significant shortfall in…