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Day: March 6, 2025

China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic Challenges
BusinessEconomyInternational

China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic Challenges

China’s economy is grappling with increasing uncertainty on the international front, as well as domestic challenges, according to top economic…

byEkeminiMarch 6, 2025March 6, 2025
Nigeria and UK Strengthen Cybersecurity Collaboration
BusinessInternationalTechnology

Nigeria and UK Strengthen Cybersecurity Collaboration

Nigeria and the United Kingdom have joined forces to enhance the country’s cybersecurity capabilities, focusing on creating a robust National…

byEkeminiMarch 6, 2025March 6, 2025
Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues
BusinessInternationalTechnology

Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues

Microsoft has reportedly pulled back from certain agreements with CoreWeave, a cloud computing provider, due to delivery issues and missed…

byEkeminiMarch 6, 2025March 6, 2025
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu Government
BusinessEconomyLocal

IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu Government

The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led government, noting that these measures…

byEkeminiMarch 6, 2025March 6, 2025
Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange
AfricaBusinessEconomyInternational

Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange

The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has confirmed that the Ghanaian government will consider the possibility of…

byEkeminiMarch 6, 2025March 6, 2025
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
BusinessFinanceLocal

NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn

In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4 billion, marking a…

byEkeminiMarch 6, 2025March 6, 2025
Stock Market Experiences Continued Downturn with N289bn Loss
BusinessLocal

Stock Market Experiences Continued Downturn with N289bn Loss

The Nigerian stock market continued its decline on March 5, 2025, as the overall capitalization dropped by N289 billion, reflecting…

byEkeminiMarch 6, 2025March 6, 2025
Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision
InternationalMacroeconomic

Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision

Asian stock markets saw gains on Thursday as investor sentiment improved following news that U.S. President Donald Trump had granted…

byEkeminiMarch 6, 2025March 6, 2025
United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout to Shareholders
BusinessLocal

United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout to Shareholders

United Capital Plc (UCAP) has announced a total dividend payout of N2.40 per share for 2024, rewarding shareholders with remarkable…

byEkeminiMarch 6, 2025March 6, 2025
FCMB’s Continued Support for the Blind Celebrated by FNSB
BusinessLocal

FCMB’s Continued Support for the Blind Celebrated by FNSB

The Federal Nigeria Society for the Blind (FNSB) has praised First City Monument Bank (FCMB) for its ongoing contributions to…

byEkeminiMarch 6, 2025March 6, 2025
Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion by 2028
BusinessInternationalTechnology

Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion by 2028

The global telecoms industry is expected to see steady revenue growth despite significant challenges, with projected revenue reaching $1.1 trillion…

byEkeminiMarch 6, 2025March 6, 2025
Africa Strengthens Cybersecurity with Stricter Data Protection Laws
AfricaInternationalTechnology

Africa Strengthens Cybersecurity with Stricter Data Protection Laws

In a significant move toward enhancing data security, 39 out of 55 African nations have now enacted data protection laws,…

byEkeminiMarch 6, 2025March 6, 2025
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global Challenges
BusinessLocalMacroeconomic

CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global Challenges

The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of the nation’s…

byEkeminiMarch 6, 2025March 6, 2025
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals
BusinessInternationalMacroeconomic

US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals

A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since mid-January, with employment…

byEkeminiMarch 6, 2025March 6, 2025
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
BusinessFinanceInternational

Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project

The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for a value-for-money audit…

byEkeminiMarch 6, 2025March 6, 2025
Foreign Investors Drive Nigerian Eurobonds’ February Rally
FinanceInternationalinvestmentMacroeconomic

Foreign Investors Drive Nigerian Eurobonds’ February Rally

Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence. Data from the Debt Management Office…

byEkeminiMarch 6, 2025March 6, 2025

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