Nigeria’s Fintech Week Goes Nationwide: Expanding Innovation Beyond Lagos
The Fintech Association of Nigeria (FinTechNGR) is set to take its flagship event, the Nigerian Fintech Week, beyond Lagos for…
Day: July 23, 2025
Nigeria’s ICT Sector Fuels Economic Growth with 7.4% Surge in Q1 2025
Nigeria’s Information and Communication Technology (ICT) sector has continued to drive the nation’s economic performance, contributing 10.59% to the country’s…
Global Cyber Attacks Surge 21% in Q2 2025, Education Sector Most Targeted
Global cyber attacks soared by 21% in the second quarter of 2025 compared to the same period in 2024, according…
Nigeria Needs 7% Annual Growth to Lift Poor, Says Finance Minister
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the country must sustain a minimum…
African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic Stability — NSIA CEO
Sovereign wealth funds (SWFs) across Africa are emerging as powerful tools for capital mobilisation, strategic investments, and long-term economic resilience,…
Ghana’s Mining Chamber Urges Government to Cut Growth and Sustainability Levy to 1%
In anticipation of Ghana’s upcoming mid-year budget review, the Ghana Chamber of Mines is advocating for a reduction in the…
Microsoft Under Fire After Incomplete SharePoint Patch Enables Global Cyber Espionage
Microsoft is facing scrutiny after a critical security patch issued for its SharePoint server software failed to fully address a…
Japan Confirms Forex Excluded from US Trade Deal, Eases Yen Pressure Concerns
Japanese Finance Minister Katsunobu Kato announced that the recent bilateral trade agreement between Japan and the United States does not…
Global Stocks Rally as U.S.-Japan Auto Trade Deal Sparks Market Optimism
Global stock markets surged following a breakthrough trade agreement between the United States and Japan, which saw reduced tariffs on…
Nigeria’s ICT Sector Surges 31.63% in Q1 2025, Driven by Broadband, Mobile Growth, and Digital Content Boom
Nigeria’s Information and Communications Technology (ICT) sector posted a significant 31.63% year-on-year nominal GDP growth in Q1 2025, a sharp…
Dangote Refinery Imports 10 Million Barrels of Crude Monthly Amid High Costs, Calls for African Refining Revolution
Aliko Dangote, President/CEO of Dangote Industries, revealed that the Dangote Refinery imports between 9 to 10 million barrels of crude…
Stock Market Soars as Investors Push NGX Up by ₦396 Billion Amid Bullish Sentiment
The Nigerian stock market maintained its bullish momentum on Tuesday, July 22, 2025, adding ₦396 billion in market capitalisation as…
NGX and FG Drive Push for Capital Formation to Boost $1 Trillion Economic Goal
At the 2025 Chartered Institute of Stockbrokers (CIS) National Workshop held at the Presidential Villa in Abuja, key players in…
Nigeria’s External Reserves Rise by $200 Million in 30 Days Amid Stable FX Market
Nigeria’s external reserves experienced a steady rebound over the past month, rising by $200.3 million from $37.738 billion on June…
10-Year Treasury Yields Slip as Markets Brace for Fed Decision Amid Trump-Powell Tension
The yield on the 10-year U.S. Treasury note eased slightly on Tuesday, falling over two basis points to 4.342%, as…
Trump-Japan Trade Pact Slashes Auto Tariffs, Unlocks $550 Billion Investment Boost
U.S. President Donald Trump has announced a landmark trade deal with Japan that slashes tariffs on Japanese auto imports and…
Stock Market Rallies as CBN Holds Rates Steady, Investors Eye Dividends
Nigeria’s stock market continued its upward momentum on Tuesday following the Central Bank of Nigeria’s (CBN) decision to maintain all…
SEC Eyes $500bn from Dormant Commodities and Minerals to Boost Nigeria’s Economy
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has revealed that Nigeria could unlock approximately $500 billion…
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross Domestic Product…