Rising Oil Prices Weaken African Currencies, Deepen Inflation Risks Across the…
African economies are facing a sharp financial strain as global oil prices surge by over 50 percent, pushing crude…
US-Iran War Sparks Economic Strain on Nigerian Businesses and Consumers
The Nigerian business economy is under renewed strain as the ongoing war between the United States and Iran, which…
UN Warns Trump Against Iran Strikes as Deadline Nears: Tensions Escalate in Middle…
The United Nations has issued a stark warning to United States President Donald Trump, cautioning that his threats…
Treasury Yields Steady After Strong U.S. Jobs Report as Middle East Tensions Cloud…
U.S. Treasury yields held steady on Monday as investors weighed a surprisingly strong March jobs report against…
Nigeria’s Foreign Reserves Drop by $850 Million Amid Election Spending and FX…
Nigeria’s foreign reserves have declined by about $850 million within three weeks, raising fresh concerns among…
Nigeria’s $850 Million Foreign Cloud Dependence Exposes Fintech Sector to Global…
Nigeria’s fast-growing digital economy is facing new scrutiny as companies spend an estimated $850 million annually…
Asia-Pacific Markets Plunge as Oil Surges After Trump’s Iran War Speech
Asia-Pacific markets experienced sharp losses on Thursday, reversing earlier gains, as oil prices surged following…
Ghana Reference Rate Drops to 10.06% as Lending Costs Start to Ease
Ghana’s financial landscape is seeing a welcome shift as the Ghana Reference Rate (GRR) falls to 10.06% in April…
NCC Urges Patience as Telecom Operators Held Accountable for Service Quality
The Nigerian Communications Commission (NCC) has called on Nigeria’s 184 million active telecom subscribers to…
Nigeria’s Economic Growth Slows in March 2026 Amid Rising Costs – CBN PMI Report
Nigeria’s economy maintained its growth streak in March 2026, with the Central Bank of Nigeria (CBN) reporting a…
NGX Group Hosts African Exchange Leaders with Dangote to Boost Cross-Border…
The Nigerian Exchange Group (NGX Group) convened a high-level gathering of chief executives and senior…
Google and Slum2School Launch “Stories from Our Home” to Preserve Nigerian…
Google has teamed up with Slum2School Africa and top Nigerian creators to bring the magic of local stories to…
Nigeria Eyes Global Markets to Boost Trade Amid Structural Challenges
The federal government is accelerating its push toward an export-driven economic model, with Finance and…
Banking Stocks Propel Nigerian Market to N599 Billion Gain as Q2 2026 Kicks Off
The Nigerian stock market opened the second quarter of 2026 on a high note, recording a significant N599 billion…
Nigerian States Return to Borrowing Despite FAAC Windfall: Debt Hits N4 Trillion
Nigerian states are returning to heavy borrowing even as allocations from the Federation Account Allocation…
Nigeria Launches 950,000-Barrel Export of New Cawthorne Crude, Boosting Energy…
The Nigerian National Petroleum Company Limited (NNPC) has successfully exported 950,000 barrels of the newly…
Tinubu’s Naira-for-Crude Policy Ensures Fuel Supply Stability Amid Global Energy…
President Bola Tinubu’s Naira-for-Crude initiative has helped Nigeria maintain a stable supply of petroleum…
Nigeria’s Oil and Gas Reserves Reach 37 Billion Barrels and 215 TCF in 2026, NUPRC…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially confirmed the country’s total…
CBN Bank Recapitalization Set to Boost SMEs and Strengthen Nigeria’s Financial…
The Central Bank of Nigeria (CBN) has confirmed that 33 banks successfully met the revised minimum capital…
Hot Money Inflows Drive Nigeria’s $23B Capital Surge, But Analysts Warn of…
Nigeria’s capital importation surged to $6.44 billion in the fourth quarter of 2025, pushing total inflows for the…
Oil Prices Surge Over 5% as Trump Warns US Will Hit Iran “Extremely Hard”
Oil prices jumped sharply on Thursday, climbing more than 5% after U.S. President Donald Trump signalled that the…
Bank Plans GSE Listing as BoG Considers Recapitalisation Deadline Extension
The Bank of Ghana (BoG) has revealed that one of the two banks yet to meet the minimum capital requirement is…
MTN Ghana Gains as Banking Stocks Drag GSE Lower in Quarter-End Trading
The Ghana Stock Exchange (GSE) ended the first quarter of 2026 on a weaker note, as losses in banking stocks…
World Bank Approves $500 Million Loan to Boost Nigeria’s Agriculture Sector
Nigeria’s agriculture sector is set for a major boost following the World Bank’s approval of a $500 million credit…
Naira Strengthens as Remittance Reforms Boost FX Liquidity Despite Falling…
Nigeria’s currency, the naira, started April 2026 on a positive note, posting gains across key foreign exchange…
Oil Prices Surge Over 6% as Trump’s Iran War Threat Escalates Market Fears
Oil prices jumped sharply on Wednesday, with global benchmark Brent crude rising more than 6%, after U.S. President…
NGX Empowers Students with Investor Protection Education During Global Money Week
The Nigerian Exchange Limited (NGX) has taken a major step toward safeguarding the financial future of young…
Nigerian Stock Market Hits Record N29.8 Trillion Gain in Q1 2026
The Nigerian stock market achieved an unprecedented milestone in the first quarter of 2026, recording a staggering…
UAC Nigeria Revenue Hits N341bn Amid CHI Acquisition Drive
UAC of Nigeria Plc has posted a remarkable N340.5 billion in revenue for the year ended 31 December 2025, marking a…
Nigerian Stock Market Rebounds: ASI Gains 0.40% Amid Strong Consumer Stock Demand
The Nigerian stock market snapped its recent losing streak on Tuesday as the benchmark All-Share Index (ASI) rose…