Real Time Financial News Website
Global cryptocurrency exchange MEXC has predicted that by 2028, more than 80% of Gen Z traders will fully automate their portfolios using AI-powered tools. The company also projected that the…
Integrating technology and advanced analytics into transport systems can significantly improve efficiency and road safety, according to transportation engineering consultant Ahmed Oyeyemi. Oyeyemi, who works with the Maryland Department of…
First City Monument Bank (FCMB) in partnership with the Dutch Entrepreneurial Development Bank (FMO) has unveiled the FCMB–FMO AgriTech Investment Readiness Programme 2025, a ₦20 million initiative aimed at promoting…
Operators in the Nigerian pension industry are calling for regulatory reforms to allow broader investment opportunities for the nation’s N24.63 trillion pension fund. Pension managers are advocating for the inclusion…
Foreign investors have shown renewed confidence in Nigeria, with the banking sector emerging as the largest recipient of capital inflows in the first quarter of 2025. According to the National…
Chinese diplomats have intensified bilateral relations with Nigeria through an official visit to the Ogun Guangdong Free Trade Zone (OGFTZ). The delegation, led by Chinese Ambassador to Nigeria Duanhai Yu…
The Nigerian government has not released any quarterly Budget Implementation Reports (BIRs) in nearly a year, sparking concerns over fiscal transparency, accountability, and public trust. Civic-tech organization BudgIT highlighted this…
Nigeria’s ambition of becoming a $1 trillion economy by 2030 is achievable but will require bold policy reforms, exchange rate stability, and disciplined execution, according to analysts at investment firm…
The Nigerian Exchange (NGX) extended its bearish streak on Wednesday as equities investors lost N663 billion in market value due to sustained sell pressure. At the close of trading, market…
The Nigerian Communications Commission (NCC) has announced plans to begin publishing quarterly reports on telecoms network performance across the country, driven by real-time consumer-generated data. The move, according to the…
Nigeria’s latest Gross Domestic Product (GDP) rebasing has revealed a major shift in the country’s growth structure, showing that non-oil sectors now account for more than 96% of the economy.…
The Ghana Cocoa Board (COCOBOD) has rejected claims that cocoa farmers in Ghana earn less than their counterparts in Côte d’Ivoire, stressing that Ghana currently offers the highest farmgate price…
The Bank of Ghana (BoG) has issued a new directive prohibiting banks from allowing large corporates to withdraw foreign currency in cash unless such payouts are backed by equivalent deposits.…
The Federal Government has welcomed a fresh wave of foreign investment as PepsiCo and DP World commissioned a $20 million production facility in Lagos, describing the project as a major…
The Nigerian Exchange (NGX) extended its losing streak on Wednesday, August 20, 2025, as the All-Share Index (ASI) fell by 1,047.16 points to close at 141,566.31, representing a 0.73% decline…
Nigeria has explained why it has not yet signed a trade agreement with the United States despite ongoing talks. According to Tochukwu Nwachukwu, Special Adviser to the Minister of Trade,…
Microsoft has scaled back Chinese companies’ access to its cyber early warning system following allegations of Beijing-linked hacking campaigns. The move comes after a wave of cyberattacks targeting Microsoft’s widely…
Chinese artificial intelligence startup DeepSeek has launched an upgraded version of its AI model, DeepSeek-V3.1, featuring a hybrid inference structure designed to boost speed, efficiency, and agent performance. The company…
The World Federation of Exchanges (WFE) has raised concerns over the continued decline of public markets, warning that the trend poses a significant threat to global finance. In its newly…
Nigerian banks are expected to raise an additional N900 billion in fresh capital by the end of 2025, as lenders race to meet the Central Bank of Nigeria’s (CBN) recapitalisation…
Big tech companies — Google, Microsoft, and TikTok — deactivated more than 13.5 million accounts in Nigeria in 2024 as part of compliance with the federal government’s Code of Practice…
Nigeria recorded a significant rise in foreign exchange (FX) inflows from corporates in July 2025, providing some relief to the country’s dollar supply amid sustained pressure on the naira. Data…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, have pledged closer collaboration between…
Asian stock markets closed mixed on Wednesday as Japan reported its steepest drop in exports in more than four years, raising fresh concerns over global trade. Tokyo’s Nikkei 225 fell…
The Debt Management Office (DMO) has announced plans to re-issue N230 billion worth of Nigerian Treasury Bills (NTBs) at the next primary market auction scheduled for Wednesday, August 20, as…
Google has announced changes to its Google Play Store policies in response to mounting pressure from the European Union over alleged breaches of the bloc’s new Digital Markets Act (DMA).…
Asian stock markets closed mostly lower on Wednesday, mirroring Wall Street’s overnight declines as investors reacted to weak Japanese trade data and China’s latest loan prime rate decision. Japan’s exports…
President Bola Tinubu has officially abolished the five per cent excise duty on telecommunications services as part of Nigeria’s new tax reforms. The Executive Vice-Chairman of the Nigerian Communications Commission…
Content creators in Nigeria are set to gain fresh insights into the power of artificial intelligence (AI) at this year’s Nigeria Electronic Media Content Exhibitions and Awards (NEMCEA 2025). The…
Bitcoin slipped under $113,000 in mid-week trading, pressured by profit-taking, U.S. inflation concerns, and a broader sell-off in tech stocks. The world’s largest cryptocurrency broke below its 50-day Exponential Moving…