Nigeria’s Fintech Crisis: Over $200 Million Lost as Startup Failures Surge
Nigeria’s fintech sector, once hailed as a beacon of innovation and investment in Africa, is witnessing an alarming surge in…
Day: July 7, 2025
Investors Position for Q2 Earnings as NGX Market Capitalisation Surges by N377bn
The Nigerian Exchange (NGX) ended the first trading week of July 2025 on a bullish note, gaining N377.26 billion in…
Naira Poised for Modest Gains as Forex Liquidity Improves, Say Analysts
The Nigerian naira is projected to remain stable and potentially gain value this week, trading between ₦1,500 and ₦1,530 against…
Global Markets Stay Resilient Despite Trump’s Looming Tariff Hike
Global financial markets have shown surprising calm ahead of U.S. President Donald Trump’s Wednesday tariff deadline, brushing off concerns that…
NCC Pushes Solar Energy to Cut Telecoms’ Diesel Dependency and Costs
The Nigerian Communications Commission (NCC) is spearheading a new initiative to promote solar energy adoption within the telecom sector. This…
Sycamore MD: Fintech and AI Can Multiply Nigeria’s Retail Investors Tenfold in 5 Years
Oluwagbenga Magbagbeola, Managing Director of Sycamore Investment and Asset Management, explained the company’s transition from peer-to-peer lending into regulated asset…
Petrol Prices Fall Below ₦900 as Dangote Refinery Slashes Rates Amid Global Oil Dip
Petrol pump prices in Nigeria have dropped below ₦900 per litre, following a ₦40 cut in ex-depot prices by the…
10-Year Treasury Yields Rise as Trump Delays Tariff Reinstatement, Threatens New Trade Measures
The yield on the U.S. 10-year Treasury rose on Monday as global markets reacted to President Donald Trump’s announcement that…
Trump Intensifies Trade War with New Tariff Threats and BRICS Penalties
The ongoing U.S. trade war under President Donald Trump is heating up once again, as new tariff announcements and shifting…
CBN Clarifies BVN Charges: Enrolment Still Free for Nigerians at Home, $50 Fee Applies Only to Diaspora Service
The Central Bank of Nigeria (CBN) has addressed concerns circulating on social media about alleged new or hidden charges associated…
DMO Opens July FGN Savings Bond Offer with Up to 16.762% Interest Despite Slight Rate Drop
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the Federal Government…
Government Misses T-Bills Target for Sixth Straight Week Amid Falling Interest Rates-Ghana
The Government of Ghana has once again fallen short of its Treasury bill target, marking the sixth consecutive week of…
Nigerian Stocks Set to Soar 32% in 2025 on Tax Cuts, FX Reforms – Report
With projections indicating a 32.2% return, according to CardinalStone Research’s 2025 Mid-Year Economic Outlook. The bullish forecast is underpinned by…
Half of African Currencies Weaken in May Despite Economic Reforms – Afreximbank Report
Nearly half of Africa’s currencies depreciated in May 2025, revealing a mixed macroeconomic picture across the continent, according to the…