Stakeholders Advocate AI Adoption to Revolutionize Autism Education in Nigeria
At the 15th Annual Autism Conference organized by Guaranty Trust Holding Company Plc in Lagos, stakeholders emphasized the need to…
Day: July 21, 2025
US Imports $1.34 Billion Nigerian Crude Despite Tariffs, but Trade Surplus Turns Negative
Despite a wave of protectionist trade measures from the U.S., Nigeria remained America’s top African crude oil supplier between January…
Foremost Capital Surpasses ₦60 Billion AUM in Six Months, Eyes Ethical Investment Expansion
Foremost Capital Limited, a newly established and SEC-licensed asset management company, has achieved a remarkable milestone by exceeding ₦60 billion…
Nigerian Stock Market Hits 2025 High as Heavyweight Stocks Propel All-Share Index Beyond 130,000 Points
The Nigerian stock market capped off its strongest week of 2025 as the NGX All-Share Index surged by 5,436.07 points…
Analysts Project 30% NGX Growth in H2 2025 on Banking Reforms and Investor Optimism
Analysts at Cowry Asset Management have forecast a 30 per cent surge in the Nigerian stock market for the second…
Analysts Warn of Inflation Resurgence Despite 3-Month Decline
Nigeria’s headline inflation has eased for the third consecutive month, declining to 22.22% in June 2025 from 22.97% in May.…
Telcos Resume SIM Swap Services After NIMC Platform Disruption — MTN, Airtel Confirm Full Restoration
Telecommunications companies in Nigeria have resumed SIM swap services after a disruption that left millions of subscribers unable to access…
Microsoft SharePoint Vulnerability Exposes 10,000+ Global Organizations to Cyberattacks
A critical vulnerability in Microsoft’s SharePoint server software has triggered global cybersecurity alarms, exposing thousands of organizations to potential system…
Crypto Stocks Surge as Trump Signs Stablecoin Regulation Law — Ethereum, Solana Lead Market Rally
Shares of crypto-linked companies surged on Monday following President Donald Trump’s signing of the GENIUS Act, a landmark bill that…
Yen Holds Steady as Japan Navigates Political Shake-Up, Global Markets Eye Trade Tensions and Tech Earnings
Japan’s financial markets showed only mild reactions following a political shift in the country’s upper house elections. Despite the ruling…
Nigeria’s FX Reserves Climb $422m as CBN Boosts Market Intervention and Investor Confidence
Nigeria’s foreign exchange (FX) reserves grew by $422.16 million last week, bringing the total to $37.85 billion as of July…
Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market Investments
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of ₦1.99 trillion.…
China Holds Lending Rates Steady Amid Slowing Growth and Weak Consumer Demand
China’s central bank, the People’s Bank of China (PBOC), maintained its key lending rates on Monday, keeping the 1-year loan…
Bank of Ghana Assures Traders of Forex Availability Amid Access Complaints
The Bank of Ghana (BoG) has responded to growing concerns within the business sector, particularly from the Ghana Union of…
Markets Steady Despite Japanese Political Unrest; Tech Earnings and Central Banks in Focus
Global financial markets remained stable on Monday despite political uncertainty in Japan, where the ruling coalition lost control of the…
Microsoft Warns of Zero-Day Cyberattacks on SharePoint Servers Affecting Governments, Businesses
Microsoft has issued an urgent alert about “active attacks” targeting its SharePoint server software, which is widely used by government…
Nigerian Equities Set to Sustain Gains Amid Strong Half-Year Earnings Expectations
The Nigerian equities market is poised to maintain its bullish trajectory, bolstered by heightened investor expectations for robust half-year (H1)…
SEC to Launch USSD Code for Verifying Capital Market Operators to Combat Ponzi Schemes
The Securities and Exchange Commission (SEC) of Nigeria has announced plans to launch a USSD code system designed to help…
Nigerian Stock Market Surges: Investors Gain N6.9 Trillion in 10-Day Bull Run
The Nigerian equities market has witnessed an extraordinary 10-day winning streak, during which investors collectively gained N6.902 trillion. This surge…
CBN Recapitalisation Sparks N500bn Surge in Bank Stocks on NGX
Investor activity in Nigeria’s stock market soared last week, especially within the banking sector, following the Central Bank of Nigeria’s…
Cardoso Warns of Inflation Spike Amid Record FAAC Liquidity Surge
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has raised an alarm over the surge in banking…