MTN Group Set to Launch Streaming Platform to Rival Netflix in Africa
MTN Group, Africa’s leading mobile operator, has announced plans to launch a new streaming platform aimed at competing with major…
Day: April 7, 2025
Akwa Ibom Government Disburses N335 Million to Empower Oron Farmers and Entrepreneurs
The Akwa Ibom State Government has allocated a total of N335 million in grants to farmers, traders, and entrepreneurs in…
Trump’s Tariff Policy Triggers Global Market Chaos as Fears of Recession Mount
President Donald Trump’s aggressive tariff strategy has sent shockwaves through global financial markets, with U.S. stocks bracing for more volatility.…
AFDEIC 2025 to Address Africa’s $180B Digital Economy, AI’s Role in Inclusive Growth
The African Digital Economy & Inclusivity Conference (AFDEIC 2025) is poised to address Africa’s rapidly growing $180 billion digital economy,…
Yen and Swiss Franc Top Safe-Haven Picks Amid Trump Tariffs, Analysts Say
In light of President Donald Trump’s recent announcement of reciprocal tariffs, investors are flocking to safe-haven assets, with the Japanese…
C&I Leasing Expands Electric Vehicle Use in Ghana Amid Successful Series 5 Commercial Paper Issuance
C&I Leasing Plc has experienced significant success in its recent Series 5 Commercial Paper Issuance, concluding in March 2025, which…
Nigeria’s Financial Markets in Turmoil as Trump Tariffs Trigger Global Shockwaves
Nigeria’s financial markets are grappling with volatility amid global disruptions caused by renewed tariff threats from former U.S. President Donald…
JPMorgan CEO Jamie Dimon Warns U.S. Tariffs Could Slow Growth, Fuel Inflation
JPMorgan Chase CEO Jamie Dimon issued a cautionary statement in his annual letter to shareholders, warning that ongoing U.S. tariffs…
Microsoft Joint Venture Wicresoft to Halt China Operations and Lay Off 2,000 Staff Amid Tensions
Microsoft’s joint venture in China, Wicresoft, will halt its operations in the country starting Tuesday, according to a report by…
China Assures U.S. Companies of Protection Amid Ongoing Trade Tensions
China’s Vice Commerce Minister, Ling Ji, reassured U.S. companies, including prominent names like Tesla and GE Healthcare, that the Chinese…
Telecom Service Quality Declines After Tariff Hike, Consumers Express Discontent
Telecom service quality in Nigeria has significantly deteriorated, sparking frustration among customers. Subscribers, including small business owners and everyday users,…
Nigerian Breweries Reinforces Sustainability Commitment
Nigerian Breweries Plc has reaffirmed its dedication to sustainability under its “Brew a Better World” (BaBw) agenda, which focuses on…
Investor Confidence Rises as Nigerian Banks Secure N2.4 Trillion in Q1 2025 Capital Raise
In the first quarter of 2025, Nigerian banks raised an impressive N2.4 trillion through the capital market as part of…
Trump’s 14% Tariff on Nigerian Exports Poses Threat to $6 Billion Annual Revenue
The recent imposition of a 14% tariff by U.S. President Donald Trump on Nigerian exports has raised serious concerns among…
FG to Receive First Batch of 3.2 Million Electricity Meters in April 2025
In a bid to address the significant metering gap in Nigeria’s electricity sector, the Federal Government has announced plans to…
Bank of Ghana Engages Traders to Reaffirm Commitment to Economic Stability
The Bank of Ghana (BoG) recently met with the Ghana Union of Traders Association (GUTA) to reaffirm its commitment to…
Bank of Ghana to Auction $120 Million to BDCs in Q2 of 2025 to Ease Forex Pressure
The Bank of Ghana (BoG) has announced plans to auction a total of $120 million to Bulk Oil Distribution Companies…
Asian Markets Dive as Trump’s Tariff War Deepens Global Economic Turmoil
Asian markets faced a sharp decline on Monday, deepening a global stock market rout spurred by the escalating trade war…
NGX Faces Setback Despite Strong Earnings Season
The Nigerian Stock Exchange (NGX) started April on a negative note, reversing the previous week’s gains and continuing the bearish…
Experts Endorse Nigeria Re’s AI Strategy to Boost Insurance Sector Growth
Stakeholders in Nigeria’s insurance sector have shown strong support for Nigeria Reinsurance Corporation’s new artificial intelligence (AI) strategy, lauding its…
CBN Intervenes in FX Market as Naira Struggles Amid Trump Tariffs and Oil Price Drops
The Central Bank of Nigeria (CBN) stepped in to stabilize the foreign exchange market on Friday by selling $197.71 million…
Nigeria Considers Strengthening Trade Ties with China, EU, and BRICS in Response to US Tariffs
In response to the imposition of new US tariffs, Nigerian fund managers from Cory Assets Management Limited, led by Johnson…