Crypto Crackdown or Come-Up? New Nigerian Regulations Could Make or Break Industry Players
Nigeria’s newly updated Investment and Securities Act (ISA) of 2025 officially recognizes cryptocurrencies and other virtual assets as securities, marking…
Day: July 15, 2025
Nigerians Endure Soaring Telecom Costs, Poor Service Amid $1 Billion Network Overhaul
Telecommunications subscribers across Nigeria are expressing growing frustration over deteriorating network quality, even as mobile operators prepare to inject $1…
Traders Maintain Bets on September Fed Rate Cut Despite June Inflation Rise
Traders are holding steady on their expectations that the Federal Reserve will begin cutting short-term interest rates by September, even…
SEC Warns Nigerians Against Fraudulent Firm Forsman & Bodenforms
The Securities and Exchange Commission (SEC) has issued a public warning about Forsman & Bodenforms Limited, stating that the company…
NACC Teams Up with Tech Summit to Boost Nigeria’s Digital Governance
The Nigerian American Chamber of Commerce (NACC) has partnered with the Nigeria eGovernment Summit 2025 to promote digital transformation in…
FCMB Empowers Over 3,000 Nigerians with Cash Prizes in Ongoing Millionaire Promo
First City Monument Bank (FCMB) has rewarded a total of 3,016 customers in the 10th season of its highly popular…
Tougher Global Immigration Rules Jeopardize Nigeria’s $1bn Diaspora Remittance Ambition
The Central Bank of Nigeria (CBN) is facing mounting challenges in its push to secure $1 billion in monthly diaspora…
US AI Startups Drive a Funding Boom Despite Venture Capital Fundraising Challenges
In the first half of 2025, funding for US startups surged by 75.6%, reaching $162.8 billion — the strongest showing…
BudgIT Ghana Rolls Out Simplified 2025 Budget to Empower Citizens and Strengthen Accountability
BudgIT Ghana has officially launched its Simplified 2025 Budget Statement, reaffirming its commitment to promoting fiscal transparency and participatory governance.…
Naira Rallies to Four-Month High at ₦1,518/$ Amid Renewed CBN Interventions
The Nigerian naira recorded its strongest performance in four months on Monday, appreciating to ₦1,518/$ on the official market. This…
Banks Bite the Bullet as N156bn Impairment Charges Hit Q1 2025 Earnings
Eight Nigerian banks posted a total of N156bn in impairment charges on credit and financial assets during Q1 2025, reflecting…