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The second edition of the DeepTech Summit (DTS) was successfully held at the University Mohammed VI Polytechnic (UM6P) in Benguerir, Morocco, reaffirming the institution’s leadership in innovation across Africa. Themed…
The Nigerian foreign exchange (forex) market has been facing a major overhaul as the Central Bank of Nigeria (CBN) intensifies regulatory measures aimed at stabilizing the exchange rate and curbing…
The future of work in Nigeria is getting a high-tech upgrade, with artificial intelligence (AI) poised to transform how businesses operate and how people work. According to the latest PwC…
The Ghanaian cedi is expected to appreciate against major international currencies in 2025, marking a potential turning point after more than two decades of consistent depreciation. According to Adjei Boateng,…
Asian stocks faltered and the U.S. dollar weakened on Tuesday, despite initial optimism around a 90-day pause in U.S.-China tariffs. Investors welcomed the truce but quickly shifted focus to lingering…
The Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musawa, has revealed the government’s ambitious plan for the creative sector to contribute $100 billion to Nigeria’s economy by…
Nigeria is set to receive telecommunications infrastructure worth $3 billion by June 2025, according to the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. Speaking at the Nigeria…
The World Bank has reported a notable improvement in Nigeria’s macroeconomic situation, attributing it to a series of fiscal and monetary reforms implemented by the federal government. In its latest…
A new report by global cybersecurity firm Surfshark reveals that 10% of Nigerians have fallen victim to data breaches since 2004, with alarming implications for the country’s cybersecurity landscape. Based…
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs on each other’s imports for 90 days. The deal, reached after…
President Bola Ahmed Tinubu’s recently launched “Nigeria First” policy has received strong backing from the National Agency for Science and Engineering Infrastructure (NASENI), which hailed it as a transformative step…
OpenAI and Microsoft are in the midst of high-level negotiations to reshape their multibillion-dollar partnership, with an eye on enabling OpenAI to go public while ensuring Microsoft retains access to…
The Bank of Ghana’s latest auction results revealed that the government missed its T-bill target by GHS169 million. The government had set out to raise GHS5.38 billion in this round…
In a major development, the United States and China have agreed to cut tariffs to a 10% baseline for 90 days, signaling a temporary truce in their prolonged trade war.…
SoftBank Group is expected to report a net loss of 26.9 billion yen ($184.4 million) for its fourth quarter, marking a significant downturn compared to the 231 billion yen in…
In the first quarter of 2025, Nigerian investors have seen their fortunes rise by approximately N180 billion, driven by strong corporate earnings and steady dividend payouts. The Nigerian Stock Exchange…
MTN Nigeria Communications Plc (MTNN) announced a substantial contribution of N764.2 billion in taxes, levies, and duties to the Nigerian government for the year 2024. This highlights the company’s role…
In the first quarter of 2025, eight major Nigerian banks, including Access Holdings, Zenith Bank, and United Bank for Africa (UBA), collectively increased their investment securities to N41.78 trillion, a…
The Nigerian Exchange Limited (NGX) saw an impressive surge in market activity, with investors trading 2.645 billion shares worth N77 billion last week. This marks a notable increase compared to…
Nigeria’s crude oil production saw a modest recovery in April, reaching a two-month high, but still fell short of the country’s target set by the Organization of the Petroleum Exporting…
Microsoft’s 2025 Work Trend Index, developed in collaboration with LinkedIn, introduces the concept of the “Frontier Firm”, a new type of organization leading the next phase of workplace transformation through…
For decades, many African nations have relied heavily on foreign aid to fund healthcare, education, and emergency relief. But in 2025, this model is crumbling. Major donors like the United…
In the first quarter of 2025, Nigeria recorded over 119,000 data breaches, according to a new report from cybersecurity firm Surfshark. The findings, based on the analysis of 29,000 publicly…
Shareholders in Nigeria are pressing the Securities and Exchange Commission (SEC), registrars, and stockbrokers to reform the process for claiming unclaimed dividends, which they say is hindered by administrative delays…
After two days of tense negotiations in Geneva, the United States and China have reached a critical trade agreement that establishes a formal consultation mechanism to address ongoing economic disputes.…
The Bank of Ghana has issued a strong warning to the public regarding the growing threat of illegal foreign investment schemes. These scams are being run by individuals and companies…
The Central Bank of Nigeria (CBN) has increased its Treasury Bills (T-Bills) Primary Market Auction offer from N400 billion to N550 billion across the 91-day, 182-day, and 364-day tenors. Despite…
The Dangote Petroleum Refinery has strongly countered accusations from oil marketers that it cannot meet Nigeria’s fuel demand. This controversy was sparked after Aliko Dangote blamed powerful vested interests and…
As the U.S. and China gear up for high-stakes trade negotiations in Switzerland, Beijing has called on Washington to demonstrate sincerity by removing steep tariffs. China’s Commerce Ministry spokesperson, He…
OpenAI has announced that Fidji Simo will become its new Chief Executive Officer of Applications, a role aimed at scaling the company’s operations globally. The announcement was made by OpenAI…