Aderonke Atoyebi Urges African Leaders to Explain How Tax Revenues Are Spent
The Technical Assistant to the Executive Chairman of the Federal Inland Revenue Service (FIRS) on Broadcast Media, Arabinrin Aderonke Atoyebi,…
Month: September 2025
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August, Reversing Gains from June and July
Nigeria’s crude oil production slipped below its OPEC quota in August 2025, reversing two months of gains that had briefly…
Nigerian Businesses Lead the World in Responsible AI Adoption and Privacy Protection – Zoho Study
Nigerian companies are emerging as global frontrunners in combining cutting-edge artificial intelligence (AI) with robust privacy protections, according to new…
Meta Launches Ray-Ban Display Smart Glasses With Built-In Screen and Neural Wristband Controller
Meta has officially stepped up its wearable tech game, introducing the Ray-Ban Display smart glasses at its annual Meta Connect…
CSCS Records ₦2.1 Trillion Transactions in Four Months, Plans T+2 Settlement to Boost Market Efficiency
The Central Securities Clearing System (CSCS) has announced a major surge in trading activity, recording securities transactions worth ₦2.112 trillion…
European Stocks Climb as Traders React to U.S. Fed Rate Cut and Await Bank of England Decision
European shares opened higher on Thursday morning as investors digested the U.S. Federal Reserve’s latest interest rate cut and braced…
NCR Nigeria Stock Soars 31% in September as Half-Year Profit Signals Major Turnaround
NCR (Nigeria) Plc shares have surged by over 31% so far in September, climbing to ₦15.20 as investors respond to…
DAPPMAN Refutes Dangote Refinery Claims, Attributes Petrol Price Drop to Naira Strength and Global Oil Trends
Nigeria’s Depot and Petroleum Products Marketers Association (DAPPMAN) has pushed back against the Dangote Refinery and Petrochemicals Company, rejecting claims…
Nigerian Stock Market Gains N309bn in One Day as Investor Confidence Rises
The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed…
Google to Launch Four Africa Infrastructure Hubs to Boost Subsea Cable Connectivity
Google has announced plans to establish four new infrastructure hubs across Africa, aiming to connect its latest subsea fibre-optic cables…
Ghana’s Central Bank Slashes Record 350bps as Inflation Eases, Economy Shows Strong Growth
Ghana’s central bank stunned markets on Wednesday by delivering its largest-ever policy rate cut, reducing the main lending rate by…
Microsoft Shuts Down Nigerian-Led RaccoonO365 Phishing Network, Seizes 338 Fake Domains
Microsoft’s Digital Crimes Unit (DCU) has successfully dismantled a major phishing network led by a Nigerian individual, seizing 338 fake…
Naira Slips N9.88 Against Dollar Despite Rising External Reserves: Experts See Medium-Term Stability
The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even as…
38 Million Google Play Downloads Linked to Massive Global Ad Fraud Scheme – SlopAds Exposed
Security researchers have uncovered one of the largest mobile ad fraud operations in recent years, involving 224 apps on the…
Ghana’s Mobile Money Transactions Hit GHC354.1 Billion in August as Digital Payments Surge
Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in August 2025, according to the latest…
Nigeria Disburses N330 Billion to 8.1 Million Households Under Social Safety Net Program
The Federal Government has disbursed N330 billion to 8.1 million households nationwide under the National Social Safety Net Programme (NSSNP),…
Nigeria’s Inflation Set to Drop to 17% by Year-End, IMPI Projects Economic Relief
The Independent Media and Policy Initiative (IMPI) has forecasted a significant drop in Nigeria’s inflation rate, projecting it to reach…
NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation
The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the current 9:30 am–2:30…
UBA Unveils Groundbreaking Whitepaper at UNGA 2025 to Unlock Africa’s Economic Potential
United Bank for Africa (UBA) is set to take center stage at the 80th United Nations General Assembly (UNGA 2025)…
Nigeria Attracts $18.2 Billion in Upstream Oil & Gas Investments Through Competitive Reforms – NUPRC
Nigeria’s upstream oil and gas sector has secured a massive $18.2 billion in investment commitments, thanks to the government’s ongoing…
OGTAN Champions Human Capacity Development as Key to Nigeria’s Energy Future
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reinforced its dedication to developing industry-ready skills to strengthen Nigeria’s…
YouTube Launches Veo 3 Fast and AI Tools to Revolutionize Shorts Creation
YouTube is stepping up its game in the short-form video space with the launch of new AI-powered tools designed to…
Al Gore Praises China’s Clean Energy Surge While Warning of U.S. Climate Leadership Decline
Twenty-five years after his historic presidential bid, former U.S. Vice President Al Gore is reflecting on a global energy transition…
Nigerian Stock Market Loses ₦79 Billion as 27 Equities Decline on NGX
The Nigerian Exchange (NGX) closed on a weak note on Tuesday as market capitalisation fell by ₦79 billion following widespread…
European Stocks Edge Higher Ahead of U.S. Federal Reserve Rate Cut Decision
European equity markets opened in positive territory on Wednesday as global investors awaited the U.S. Federal Reserve’s latest policy decision.…
Dangote Refinery Exports First Petrol Shipment to U.S., Signaling Nigeria’s Rise in Global Fuel Market
Nigeria’s 650,000-barrel-per-day Dangote Refinery has exported its first petrol (gasoline) shipment to the United States, a landmark development for Africa’s…
CBN Orders Banks to Secure MD/CEO Successor Approval Six Months Ahead to Strengthen Governance
The Central Bank of Nigeria (CBN) has issued a new directive compelling Domestic Systemically Important Banks (DSIBs) to secure regulatory…
Ghana’s Public Debt Climbs to GH¢628.8 Billion in July 2025 Amid Currency Swings
Ghana’s public debt rose sharply by GH¢15.8 billion in July 2025, bringing the total to GH¢628.8 billion (about $59.9 billion),…
Nigeria Needs $100 Billion Annual Investment to Meet 2050 Growth Ambitions — Minister Bagudu
Nigeria must secure at least $100 billion in investments every year to achieve its ambitious goal of becoming a middle-income…
Google Play Partners with VerveLife 8.0 to Elevate Fitness and Wellness Across Africa
Verve, Africa’s leading domestic payments card scheme under the Interswitch Group, has announced Google Play as a strategic partner for…