Digital Disconnect: Report Reveals Nigerian Ministers’ Poor Social Media Presence
A new report by UK-based communications firm Column has exposed a significant shortfall in the digital engagement of Nigeria’s cabinet…
Day: July 17, 2025
Wall Street Rises Slightly as Strong Retail Sales and PepsiCo Earnings Boost Market Sentiment
Wall Street posted modest gains on Thursday as encouraging retail sales data and strong earnings from key companies helped buoy…
Meta Superintelligence Labs Lures Top AI Talent from Rivals in Aggressive Silicon Valley Push
Meta CEO Mark Zuckerberg has intensified the AI arms race by launching Meta Superintelligence Labs, a new division formed with…
NGX Raises Over N4.63 Trillion in H1 2025 as Investor Confidence Surges
In the first half of 2025, the Nigerian Exchange (NGX) raised over N4.63 trillion through corporate and sovereign instruments, marking…
Increase in import volume affecting Nigeria’s currency — Prof Opara
Professor Kennedy Opara, former Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC) and current Chairman of CSSP Farm, has…
NCC, MTN, Others Back Titans of Tech 2025 to Drive ICT Innovation in Nigeria
The Nigerian Communications Commission (NCC), MTN Nigeria, and several key players in the ICT industry have pledged their support for…
European Markets Fall as Trump-Powell Tensions Rattle Global Investors
European stocks closed lower on Wednesday following rising political tension in the U.S., where a White House official claimed President…
Experts Raise Alarm Over Nigeria’s Heavy Dependence on China for Imports
Nigeria’s growing reliance on China as its primary import partner has triggered concern among financial analysts and economists. Speaking at…
How Fintech Infrastructure is Revolutionizing the Modern Trading Industry
The evolution of fintech infrastructure has played a crucial role in transforming the modern trading industry. While the term “fintech”…
Ghana’s Producer Price Inflation Drops to 5.9% in June — Lowest Since November 2023
Ghana’s Producer Price Inflation (PPI) dropped sharply to 5.9% in June 2025, its lowest level since November 2023, according to…
Stocks Steady as Investors Eye Tech Earnings and Fed Uncertainty
Global markets remained steady on Thursday as investors awaited key earnings reports from major technology firms such as TSMC and…
Nigerian All-Share Index Soars Past 128,000 Points as Investors Gain N1.44 Trillion
The Nigerian equities market recorded a significant surge as the All-Share Index (ASI) climbed above the 128,000-point mark, closing at…
Nigeria’s Eurobonds Lead Africa in H1 2025 as Reforms Boost Investor Confidence
In the first half of 2025, Nigeria’s Eurobonds outperformed those of other African nations, recording the sharpest decline in yields—a…
Mobile-Phone Technology Fuels Financial Inclusion Boom in Nigeria and Developing Countries – World Bank
A new report by the World Bank Group has revealed a significant surge in financial account usage and formal savings…
Nigeria’s Inflation Rate Eases to 22.22% in June 2025 Amid Food Price Adjustments
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s headline inflation rate to 22.22% in June 2025,…
Meta Battles $32.8M NDPC Fine in Nigeria Over Data Privacy Violations
Meta Platforms Inc., the parent company of Facebook and Instagram, is facing a major legal challenge in Nigeria over a…
US House Advances Crypto Regulation Bills as Trump Steps In — Major Milestone for Digital Asset Industry
In a landmark move for the digital asset industry, the Republican-led U.S. House of Representatives cleared procedural obstacles on Wednesday…
Naira Strengthens to ₦1,537/$ on Black Market, FX Gap Narrows to ₦7
The Nigerian naira appreciated further in the parallel (black) market on Wednesday, strengthening to ₦1,537 per US dollar. This marks…
Fitch Expects BoG to Hold Policy Rate at 28% Amid Easing Inflation, Eyes Potential Cuts by September-GHANA
Fitch Solutions anticipates that the Bank of Ghana (BoG) will maintain its benchmark policy rate at 28% during an emergency…
CBN Injects $4.1bn to Stabilise Naira Amid Reserves Decline, Analysts Warn of Sustainability Risks
In the first half of 2025, the Central Bank of Nigeria (CBN) injected $4.1 billion into the foreign exchange market,…