Nigeria Boosts Oil Production by 200,000 BPD, Unlocks $5.5 Billion in Investments to Attract Global Investors
The Federal Government of Nigeria has announced a significant boost to the country’s crude oil output following recent divestments by…
Day: October 2, 2025
Google Warns Executives of High-Volume Extortion Emails Claiming Oracle Data Breach
Google has issued a warning to executives across multiple organizations after hackers allegedly sent extortion emails claiming to have stolen…
Global Stocks Rise as U.S. Shutdown Sparks Safe-Haven Demand and Fed Rate-Cut Bets
Global stock markets edged higher on Thursday as investors weighed the economic fallout from a potential U.S. government shutdown, while…
Digital Transformation Set to Revolutionize Nigeria’s Energy Sector, Experts Say
Nigeria’s energy sector is poised for a major transformation as industry experts call for the full adoption of digital technologies…
Group Warns of External Plots Against Dangote Refinery, Urges Protection of Nigeria’s Energy Giant
The Stand-Up South South Security Group has raised alarms over what it described as external efforts aimed at frustrating the…
Gold Surges Toward $4,000 as U.S. Government Shutdown Fuels Safe-Haven Demand
Gold prices surged to historic levels on Wednesday, approaching the $4,000-per-ounce mark, as the United States entered its first government…
Pension Funds Expand Foreign Investments as PenCom Issues New Guidelines
Pension Fund Administrators (PFAs) and Closed Pension Fund Administrators (CPFAs) are increasingly shifting funds into foreign assets as Nigeria continues…
Experts Say NIIRA 2025 Will Boost Economic Growth, Strengthen Insurance Sector in Nigeria
The recently enacted Nigeria Insurance Industry Reform Act (NIIRA) 2025 has been described by industry leaders as a game-changer that…
Stock Market Investors Gain N1.8 Trillion in September Amid CBN Reforms
Investors in Nigeria’s stock market smiled to the bank in September 2025, as market capitalization surged by N1.8 trillion on…
Nigerian Farmers Launch Digital ID and Database to Strengthen Food Security and Access to Support
The All Farmers Association of Nigeria (AFAN) has introduced a groundbreaking digital identity card and database platform to properly register…
Ghana Inflation Falls to 9.4% in September, First Single-Digit Rate in Four Years
Ghana’s inflation rate has finally dropped into single digits for the first time in four years, marking a major relief…
Bank of Ghana Unveils Virtual Asset Bill to Ensure Safer Digital Transactions
The Bank of Ghana (BoG) has taken a bold step toward regulating the country’s fast-growing digital asset market with the…
Nigeria Spends $2.86bn on Debt Servicing in Eight Months, CBN Data Reveals
Nigeria has spent a staggering $2.86 billion servicing external debt between January and August 2025, according to new figures from…
Oil Prices Dip to 17-Week Low Amid U.S. Government Shutdown and OPEC Output Concerns
Global oil prices slipped to their lowest levels in 17 weeks as traders reacted to a combination of political and…
Samsung, SK Hynix Stocks Hit One-Year Highs After OpenAI Partnership Boosts Investor Confidence
South Korea’s leading chipmakers, Samsung Electronics and SK Hynix, surged to their highest stock levels in a year on Thursday,…
Elon Musk’s Net Worth Hits $500 Billion, Becomes First Person in History to Reach Half a Trillion
Elon Musk has set yet another world record, becoming the first individual in history to cross the $500 billion net…
SEC Urges Nigerian Youth to Build Wealth Through Capital Market Investments
The Securities and Exchange Commission (SEC) has urged Nigerian youth to embrace the capital market as a pathway to building…
Abuja Food Prices Drop in September: Rice, Beans, and Tomatoes Become Cheaper as Harvest Season Eases Inflation
Food prices in Abuja showed mixed trends in September 2025, with some staples becoming more affordable for households while others…
NNPC Counts Heavy Losses as PENGASSAN Halts Strike Against Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has revealed that the recent three-day strike by the Petroleum and Natural…
Nigeria at 65: Tinubu’s Reforms Show Stability but Nigerians Still Struggle – Experts
As Nigeria marked its 65th Independence anniversary, President Bola Tinubu showcased what he called “remarkable milestones” from two years of…