Africa Sets Sights on $712 Billion Digital Trade Boom by 2035 with AfCFTA
Africa is strategically aligning itself to tap into a projected $712 billion digital trade market by 2035 through the African…
Day: June 25, 2025
U.S. Lawmakers Introduce Bipartisan Bill to Ban Chinese AI Models in Government Agencies
A bipartisan group of U.S. lawmakers has introduced the “No Adversarial AI Act”, a bill aiming to prohibit U.S. executive…
Cardoso Champions ‘African-Led, African-Owned’ Development at Afreximbank Meeting
At the 32nd Annual Meeting of the African Export-Import Bank (Afreximbank) in Abuja, Central Bank of Nigeria (CBN) Governor Olayemi…
BREAKING: INEC Receives 110 Applications For New Political Parties
The Independent National Electoral Commission (INEC) has announced it has received letters of intent from 110 associations seeking registration as…
Gartner Warns Over 40% of Agentic AI Projects Will Be Abandoned by 2027 Amid High Costs and Hype
More than 40% of current agentic artificial intelligence (AI) projects will be discontinued by the end of 2027, according to…
NGX Surges as Market Capitalisation Gains N764bn Amid Broad-Based Rally
The Nigerian Exchange Limited (NGX) witnessed a robust rally on Tuesday, continuing its bullish momentum as market capitalisation surged by…
DMO Finalises Oversubscribed N100bn Bond Auction to Support 2025 Budget
The Debt Management Office (DMO) of Nigeria is set to finalise and settle a N100 billion bond issuance today, June…
Pension Assets Rise to ₦23.33 Trillion in Q1 2025 as FG Clears ₦1.2 Trillion in Arrears
In the first quarter of 2025, Nigeria’s pension assets grew by ₦820 billion, bringing the total to ₦23.33 trillion as…
SEC’s Tenure Limits Spark Succession Anxiety Among CEOs, Directors
The Securities and Exchange Commission (SEC) of Nigeria has issued a new directive limiting the tenure and subsequent roles of…
CBN Blames Governors and Lawsuits for Delay in N85bn Healthcare Project Across 774 LGAs
The Central Bank of Nigeria (CBN) has attributed the delay in completing a nationwide healthcare project to pending litigations instigated…
Over 90% of Nigeria’s Dollar Liquidity Is Off the Books, Say BDC Operators
Bureau De Change (BDC) operators in Nigeria have revealed that more than 90% of the country’s foreign exchange (forex) liquidity…
Treasury yields hold steady as investors monitor Israel-Iran ceasefire
U.S. Treasury yields remained relatively stable on Wednesday as investors monitored geopolitical tensions following a ceasefire between Israel and Iran.…
Xero Acquires U.S. Fintech Melio for $2.5 Billion in Major U.S. Expansion Push
New Zealand-based accounting software giant Xero has announced a $2.5 billion acquisition of U.S. payments platform Melio, marking the largest…
OpenAI CEO Altman Discusses Future with Microsoft Amid Investment Talks and Political Outreach
OpenAI CEO Sam Altman revealed in a recent New York Times podcast that he held discussions with Microsoft CEO Satya…
Asia Stocks Rise, Dollar Slips as Israel-Iran Ceasefire Boosts Market Optimism
Asian stock markets inched upward on Wednesday following a tentative ceasefire between Israel and Iran, restoring some investor confidence and…
Bullish Momentum Continues as NGX Market Capitalisation Surpasses N75 Trillion
The Nigerian Exchange (NGX) continued its bullish run as the market capitalisation surged past N75 trillion, signaling strong investor confidence.…
Nigeria Sets Ambitious Goal to Achieve 95% Digital Literacy by 2030
The Federal Government of Nigeria has declared its strong commitment to achieving 95% digital literacy by 2030, a core goal…
Nigerian AI-inclined startups dominate Google’s new program
Google has unveiled the ninth edition of its Google for Startups Accelerator: Africa program, spotlighting 15 innovative, AI-driven startups from…
Ghana Launches Labour Export Planning Committee to Boost Global Workforce Strategy
Ghana has inaugurated a National Planning Committee for the Ghana Labour Exchange Program (GLEP), marking a strategic push toward structured…
SBM Warns of Telecom Sector Collapse Without Urgent FX Access, Policy Reform
SBM Intelligence, a leading research firm, has raised alarms over the deteriorating state of Nigeria’s telecommunications sector, warning that without…