Nigerian Stock Market Hits 18-Day Bull Run as NGX Rallies Past ₦85 Trillion —…
The Nigerian equity market is experiencing an extraordinary bullish streak, notching up 18 consecutive days of…
Daily Archives
July 29, 2025
IMF Maintains Nigeria’s 2025 GDP Growth at 3.4% Despite GDP Rebasing
The International Monetary Fund (IMF) has upheld its growth projection for Nigeria’s economy in 2025, maintaining…
FG Records Strong Investor Appetite in July Bond Auction, Allots N185.9 Billion…
The Federal Government of Nigeria, through the Debt Management Office (DMO), successfully raised N185.9 billion in…
Dangote Refinery Withdraws ₦100bn Lawsuit Against NNPC, Marketers Amid Industry…
Dangote Petroleum Refinery and Petrochemicals has abruptly withdrawn its ₦100 billion lawsuit against several key…
Meta’s Bold Superintelligence Gamble Faces Profit Pressure Amid AI Spending Surge
Meta Platforms is facing heightened scrutiny as CEO Mark Zuckerberg doubles down on a high-risk, high-cost bet to…
Manufacturers Urge CBN to Cut Interest Rates Amid Inflation Crisis
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to cut interest rates,…
CBN Holds Interest Rates Steady Amid Inflation Pressures, Eyes Economic Stability
The Central Bank of Nigeria (CBN), in a decisive move during its July 2025 Monetary Policy Committee (MPC)…
Fitch: U.S. Tariffs Won’t Prompt Immediate EU Rating Cuts but May Worsen Economic…
Global ratings agency Fitch has stated that the recent sharp hike in U.S. tariffs on European Union (EU) imports…
Japan–US Trade Deal Lowers Tariff Pressure but Economic Risks Persist, Cabinet…
Japan announced that its newly signed trade agreement with the United States has eased some of the uncertainty…
Cybercriminals Exploit Google Forms in Sophisticated Crypto Phishing Scam —…
Cybercriminals have begun using Google Forms, a trusted Google tool, to launch an elaborate phishing scheme aimed…
CBN Rate Hold Spurs Four Smart Investment Strategies: Experts Advise on Fixed…
The Central Bank of Nigeria (CBN) has decided to maintain its benchmark interest rate at 27.5 percent, a move…
NGX Gains ₦400bn as Investor Optimism Boosts Trading Activity
The Nigerian Exchange Limited (NGX) kicked off the trading week on a bullish trajectory, gaining ₦400 billion in…
Treasury Yields Climb as Investors Await Fed Decision and Inflation Data
U.S. Treasury yields edged higher on Monday as investors braced for a busy economic week headlined by the Federal…
Nigeria’s Agriculture GDP Share Rises to 27.8% in Q1 2025 Despite Sector…
Nigeria’s agricultural sector recorded a notable increase in its GDP share to 27.8% in Q1 2025, according to new…
Nigeria Enacts New Law Mandating Banks to Report Transactions Over N25m Monthly —…
Beginning January 2026, Nigerian banks, insurance companies, and financial institutions will be required to report…
GNCCI Urges BoG to Cut Policy Rate by 3% to Boost Private Sector Growth-Ghana
The Ghana National Chamber of Commerce and Industry (GNCCI) has called on the Bank of Ghana (BoG) to reduce the…
Microsoft Unveils AI-Powered “Copilot Mode” in Edge Browser to Rival…
Microsoft has officially launched a new AI-driven feature called “Copilot Mode” in its Edge browser, aiming to…
AI Data Labeling Startup Micro1 Eyes $500M Valuation in Series A Fundraising
Micro1, a rising competitor to Scale AI, is reportedly nearing completion of a Series A funding round that would…
NGX Market Capitalisation Surges to ₦85.5tn on Investor Optimism and Strong Q2…
The Nigerian Exchange Limited (NGX) experienced significant growth in the first half of 2025, with its market…
Chams Corporation Reports 42% Revenue Surge and Strategic Restructuring for…
Chams Holding Company PLC announced a 42% increase in revenue, reaching ₦14.93 billion for the financial year…