European Stocks Slip as Tech Selloff and Inflation Concerns Pressure Markets
European share markets fell on Wednesday, weighed down by a global technology selloff and renewed worries over inflation. The pan-European…
Month: August 2025
How to Buy the Best Bank Stocks in Nigeria: Tier-1 vs Tier-2 Investment Opportunities on the NGX
Nigerian banks dominate the Nigerian Exchange (NGX) with a market capitalization of over ₦16.28 trillion, making them some of the most…
CBN Unveils Digital Finance Roadmap to Boost Financial Inclusion and Economic Growth in Nigeria
The Central Bank of Nigeria (CBN) has intensified efforts to drive financial inclusion through a comprehensive digital finance strategy aimed…
Ghana Finance Ministry Completes GH¢9.7bn Coupon Payment Under Domestic Debt Exchange Programme
The Ministry of Finance has announced the successful completion of a GH¢9.7 billion coupon payment under the Domestic Debt Exchange…
Nigeria, California Strengthen Investment Ties in Film, Technology, and Renewable Energy
Nigeria has taken another step toward boosting foreign direct investment (FDI) as a California-Africa Climate and Economic Partnership delegation engaged…
Nigeria’s N341tn Oil Reserves Locked in Undeveloped Fields Amid Rising Debt – Report
Nigeria is sitting on over 3.5 billion barrels of undeveloped oil and condensate reserves, valued at approximately N341 trillion, according to a…
European Stocks Edge Higher as Oil Prices Fall on Ukraine Peace Hopes
European shares opened higher on Tuesday while oil prices retreated, as investors weighed fresh diplomatic efforts aimed at ending the…
Experts Urge Managers to Embrace Ethical AI Adoption, Upskill Workforce
Business and technology experts have called on managers to adopt a culture of ethical awareness and continuous learning as Artificial…
PenCom Blacklists Seven Mortgage Banks, Suspends RSA-Backed Equity Contributions
The National Pension Commission (PenCom) has suspended the processing of equity contribution applications from seven Primary Mortgage Banks over alleged…
Nigeria Tops Africa’s Stablecoin Market with $22 Billion Transactions in One Year – Report
Nigeria has solidified its position as Africa’s largest stablecoin market, processing nearly $22 billion worth of transactions between July 2023 and…
UK Endorses Tinubu’s Economic Reforms, Promises Stronger Trade Partnership with Nigeria
The United Kingdom has expressed strong support for President Bola Tinubu’s economic and trade reforms, describing them as bold measures…
Dangote Refinery Reshapes Global Fuel Trade as European Plants Face Closure Risks
European refiners are facing mounting pressure as Nigeria’s 650,000 barrels per day (bpd) Dangote refinery ramps up production, slashing the…
SEC to Introduce Forex Trading Guidelines in Ghana to Boost Investor Confidence
The Securities and Exchange Commission (SEC) has announced plans to roll out new regulatory guidelines for forex trading in Ghana,…
Cedi Weakens on Interbank Market as Analysts Warn of Rising Dollar Pressures
The Ghanaian cedi weakened on the interbank market last week, with market analysts warning that near-term pressures against the U.S.…
Naira Weakens Slightly to ₦1,533/$ as CBN Interventions Sustain Market Stability
The Nigerian naira opened the week weaker at ₦1,533.67 per dollar at the official Nigerian Foreign Exchange Market, according to figures published…
OpenAI rolls out cheapest ChatGPT plan at $4.6 in India to chase growth
OpenAI, the developer behind ChatGPT, has unveiled its most affordable subscription plan in India, introducing ChatGPT Go at just ₹399 ($4.57) per…
Asia Stocks Flat, Oil Prices Fall Ahead of Fed Meeting as Ukraine Peace Hopes Lift Europe Futures
Asian shares traded flat on Tuesday while oil prices slipped, as investors turned cautious ahead of the U.S. Federal Reserve’s…
Nigeria to Host Global Gas Investment Forum 2025 in Lagos, Attracting Top Energy Leaders
Nigeria is set to host leading global gas investors and industry executives this October as preparations intensify for the 2025…
Accesscorp, MTNN, Others Drive NGX Growth as Market Gains N61bn
The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note as the benchmark All-Share Index (ASI)…
CBN Unveils Digital Roadmap to Boost Financial Inclusion in Nigeria
The Central Bank of Nigeria (CBN) has intensified its push for a digitally empowered economy through a roadmap designed to…
Nigeria Forex Reserves Surpass $40 Billion as Oil Output and Forex Inflows Rise
Nigeria’s Foreign Exchange Reserves Climb Above $40 Billion Mark Nigeria’s foreign exchange reserves have surged past the $40 billion threshold,…
European Stocks Dip as Markets Await Ukraine Talks and Jackson Hole Signals
European Markets Slip as Traders Brace for Geopolitical and Fed CuesEuropean stock markets edged lower on Monday as investors turned…
Nigeria Sustains Oil Production Above OPEC Quota for Second Straight Month
Nigeria’s crude oil production exceeded its OPEC quota for the second consecutive month, hitting an average of 1.507 million barrels…
Food Price Surge Threatens Inflation Gains, CPPE Warns — Urges Structural Reforms
Despite a decline in headline inflation for the fourth consecutive month, the Centre for the Promotion of Private Enterprise (CPPE)…
Top 10 Nigerian Stocks with Highest Dividend Payouts in H1 2025 — Over N927 Billion Returned to Investors
In the first half of 2025, Nigerian listed companies returned a staggering ₦927.63 billion in cash dividends to shareholders, marking…
Telecom Operators Warn of Investment Drop in Nigerian States with Hostile Policies – ALTON
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised concerns that some Nigerian states may miss out on…
MTN Nigeria’s Operating Cash Flow Hits N956bn, Highest in a Decade, as Profit Soars 180%
MTN Nigeria Communications Plc has posted its strongest cash flow performance in a decade, with cash generated from operations rising…
Nigeria Pushes $1 Trillion Digital Economy Ambition with GITEX 2025 Tech Summit in Abuja and Lagos
Nigeria is accelerating its ambition to build a $1 trillion digital economy by 2030, driven by a dynamic ecosystem of…
Nigeria’s Currency Outside Banks Falls to N4.49trn in June, Still 90% of Cash in Circulation
Currency outside Nigeria’s formal banking sector dropped slightly to N4.49 trillion in June 2025, compared to N4.63 trillion in May, according to…
European Stocks Trade Mixed as Trump-Zelenskyy Talks on Ukraine Peace Loom
European markets opened mixed on Monday as investors awaited a high-stakes White House meeting between U.S. President Donald Trump, Ukrainian…