African deep tech innovation takes stage at summit
The second edition of the DeepTech Summit (DTS) was successfully held at the University Mohammed VI Polytechnic…
Monthly Archives
May 2025
Forex Market Speculators Struggle Amid CBN’s Regulatory Reforms and Strengthened…
The Nigerian foreign exchange (forex) market has been facing a major overhaul as the Central Bank of Nigeria (CBN)…
AI Set to Reshape Nigerian Businesses and Jobs: CEOs Embrace Tech-Driven Growth
The future of work in Nigeria is getting a high-tech upgrade, with artificial intelligence (AI) poised to…
Ghana Cedi Set to Strengthen in 2025, Buoyed by Remittances and Economic Growth –…
The Ghanaian cedi is expected to appreciate against major international currencies in 2025, marking a potential…
Asian Markets Lose Steam as Trade War Truce Fails to Inspire Confidence
Asian stocks faltered and the U.S. dollar weakened on Tuesday, despite initial optimism around a 90-day pause in…
Nigeria’s Creative Economy Targets $100 Billion Boost by 2030 – Minister Musawa
The Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musawa, has revealed the government’s…
Nigeria to Deploy $3 Billion Telecom Infrastructure by June 2025 to Boost Digital…
Nigeria is set to receive telecommunications infrastructure worth $3 billion by June 2025, according to the…
World Bank Reports Positive Shift in Nigeria’s Economy, Urges Inclusive…
The World Bank has reported a notable improvement in Nigeria’s macroeconomic situation, attributing it to a series…
10% Of Nigerians Affected By Data Breaches Since 2004 – Report
A new report by global cybersecurity firm Surfshark reveals that 10% of Nigerians have fallen victim to data…
U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs…
Tinubu’s “Nigeria First” Policy Set to Boost Local Industry and Jobs, Says NASENI
President Bola Ahmed Tinubu’s recently launched “Nigeria First” policy has received strong backing from the…
OpenAI and Microsoft Rework Partnership Amid $57.9B Funding and IPO Talks
OpenAI and Microsoft are in the midst of high-level negotiations to reshape their multibillion-dollar partnership,…
Gov’t Misses GHS169m T-Bill Target as Yields Continue to Dip-GHANA
The Bank of Ghana’s latest auction results revealed that the government missed its T-bill target by GHS169…
US-China Agree to Slash Tariffs in Breakthrough Deal, Easing Global Economic Fears
In a major development, the United States and China have agreed to cut tariffs to a 10% baseline for 90 days,…
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
SoftBank Group is expected to report a net loss of 26.9 billion yen ($184.4 million) for its fourth quarter,…
Improved earnings, dividend payment lift investors’ fortune by N180 billion
In the first quarter of 2025, Nigerian investors have seen their fortunes rise by approximately N180 billion,…
MTN Nigeria Pays N764.2bn in Taxes, Invests N3.5bn in Social Initiatives, and…
MTN Nigeria Communications Plc (MTNN) announced a substantial contribution of N764.2 billion in taxes, levies, and…
Experts cautions against idle deposits as banks grow investment securities to…
In the first quarter of 2025, eight major Nigerian banks, including Access Holdings, Zenith Bank, and United Bank…
NGX Market Surge Adds N1.69tn in Capitalisation Amid Trading Boom
The Nigerian Exchange Limited (NGX) saw an impressive surge in market activity, with investors trading 2.645…
Nigeria’s Crude Oil Output Reaches 2-Month High, Still Below OPEC Quota
Nigeria's crude oil production saw a modest recovery in April, reaching a two-month high, but still fell short of…
Microsoft 2025 Work Trend Report: Rise of the Frontier Firm Signals AI-Led…
Microsoft’s 2025 Work Trend Index, developed in collaboration with LinkedIn, introduces the concept of the…
From Aid to Industry: How Africa’s Informal Sector and Youth Could Drive Inclusive…
For decades, many African nations have relied heavily on foreign aid to fund healthcare, education, and emergency…
Nigeria Records 119,000 Data Breaches in Q1 2025 Amid Global Decline — Surfshark…
In the first quarter of 2025, Nigeria recorded over 119,000 data breaches, according to a new report from…
Shareholders Urge SEC to Overhaul Unclaimed Dividend Process in Nigerian Banks
Shareholders in Nigeria are pressing the Securities and Exchange Commission (SEC), registrars, and stockbrokers to…
US and China Reach Breakthrough Trade Deal in Geneva: Path Cleared for Economic…
After two days of tense negotiations in Geneva, the United States and China have reached a critical trade…
Bank of Ghana Warns Public About Foreign Investment Scams
The Bank of Ghana has issued a strong warning to the public regarding the growing threat of illegal foreign…
CBN Ups Treasury Bills Offer to N550bn Amid Softer Demand, Shifting Investor Focus
The Central Bank of Nigeria (CBN) has increased its Treasury Bills (T-Bills) Primary Market Auction offer from…
Dangote Refutes Marketers’ Claims, Asserts Refinery’s Capacity to Meet…
The Dangote Petroleum Refinery has strongly countered accusations from oil marketers that it cannot meet Nigeria’s…
China Pressures U.S. to Scrap Tariffs Ahead of Crucial Switzerland Trade Talks
As the U.S. and China gear up for high-stakes trade negotiations in Switzerland, Beijing has called on Washington…
OpenAI Appoints Fidji Simo as CEO of Applications to Drive Global Operations and…
OpenAI has announced that Fidji Simo will become its new Chief Executive Officer of Applications, a role aimed at…