Ghana Restores Economic Confidence in Under 200 Days – Finance Minister Ato Forson
Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, has declared that the government has successfully restored economic confidence within just…
Day: July 24, 2025
Nigeria Slips to Fourth in African Startup Funding as South Africa Dominates H1 2025
South Africa emerged as Africa’s leading startup investment hub in the first half of 2025, securing $344 million in venture…
Nigeria Becomes Net Importer of U.S. Crude Amid Dangote Refinery Surge
For the first time in history, Nigeria imported more crude oil from the United States than it exported, reversing the…
Telecom Operators Set to Earn $21 Billion by 2030 from AI Sovereignty Push
Telecom operators around the world are poised to earn over $21 billion in revenue by 2030 through the provision of…
Neuralink Projects $1 Billion Annual Revenue by 2031, Targets 20,000 Brain Implants per Year
Elon Musk’s brain-interface company, Neuralink Corp., is projecting over $1 billion in annual revenue by 2031 through the implantation of…
Trump’s ‘Anti-Woke AI’ Order Sparks Debate on Free Speech, Bias, and the Future of U.S. Tech Policy
President Donald Trump has signed an executive order banning AI technologies deemed “woke” or lacking ideological neutrality from use in…
Nigerian Stock Market Inches Higher as Nestle, 29 Stocks Lift NGX Index by 0.08%
Equities on the Nigerian Exchange Limited (NGX) extended their upward momentum on Wednesday, July 24, 2025, with the All-Share Index…
SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the Commission’s commitment to leveraging cutting-edge technologies…
UK Businesses Target Africa for Strategic Growth Amid Digital Boom and Market Reforms
A new study by Strategy Management Partners has revealed that Africa is becoming a top priority for UK-based companies looking…
10-Year Treasury Yields Inch Up as Trump Visits Fed, Heightening Rate-Cut Pressure
The yield on the 10-year U.S. Treasury ticked up slightly early Thursday, rising 1 basis point to 4.4%, as financial…
Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as Signs of Inclusive Takeoff
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised the rebased Gross Domestic Product…
AI-Powered Advertising Set to Drive $3.5 Trillion Boom in Global Media Industry by 2029 – PwC Report
Artificial intelligence is emerging as a major growth engine for the global entertainment and media industry, with revenue projected to…
Nigerian Banks Close 29.4 Million Accounts Amid NIN-BVN Compliance Push; 33 Million Now Inactive
As of March 2025, Nigerian commercial banks recorded 29.4 million closed bank accounts, reflecting an aggressive cleanup of questionable accounts…
Asian Markets Surge as Trade Optimism and Corporate Earnings Boost Confidence
Asian stocks rallied on Thursday as growing optimism surrounding trade agreements and strong corporate earnings lifted investor confidence across global…
Microsoft Warns SharePoint Hackers Now Deploying Ransomware Amid Widening U.S. Agency Breaches
A Microsoft blog post released on Wednesday revealed that a hacker group identified as “Storm-2603” has begun using a previously…
11 Nigerian Banks Breach CBN Bad Loan Threshold Amid Risk Reclassification
At least 11 commercial banks in Nigeria surpassed the Central Bank of Nigeria’s (CBN) regulatory ceiling of five percent for…
Dangote Refinery Drives Record U.S. Crude Oil Exports to Nigeria
For the first time in history, the United States became a net exporter of crude oil to Nigeria in February…
Nigeria’s Financial System Stable, Reforms Here to Stay — CBN Governor Cardoso Reassures Investors
Reassurance Amid Global Uncertainty:Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has affirmed the stability and resilience of…
Naira Could Strengthen to ₦1,400/$ by Year-End Amid Eurobond Hopes, Oil Rally, and FX Reforms
Nigeria’s currency, the naira, is projected to appreciate to ₦1,400 per dollar in the second half of 2025, according to…
NGX Ends Flat Despite N67bn Market Cap Gain as Trading Volume Slumps
The Nigerian Exchange Limited (NGX) wrapped up Wednesday’s trading session on a muted note, recording a modest gain of N67bn…