Niger State signs multi-billion-dollar agricultural MoU with the Republic of Benin
Niger State has officially entered into a multi-billion-dollar Memorandum of Understanding (MoU) with the Republic of Benin to enhance agricultural…
Day: October 3, 2025
CBN Pledges Clean Naira Notes, Boosts Economic Stability at Abuja Trade Fair
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean and well-mixed currency notes,…
Renaissance Aims to Boost Nigeria’s Oil Production Above 2 Million BPD with Shell Onshore Takeover
Nigeria’s oil production could soon surge past the two million barrels per day (bpd) milestone, as Renaissance, the new owner…
Lagos Hosts ICT Commissioners Roundtable, Driving National Digital Economy and Innovation Collaboration
Lagos State recently became the epicenter of innovation in Nigeria as it hosted the ICT Commissioners Roundtable during GITEX, drawing…
Amazon Resumes Drone Deliveries in Arizona After Tolleson Crash, Safety Upgrades in Place
Amazon is set to restart its Prime Air drone delivery service in Arizona this Friday following a midweek collision that…
European Stocks Hit New Highs Amid Raiffeisen Surge and Tech Rally
European stocks continued their upward momentum on Friday, extending gains after regional indexes touched fresh record highs earlier in the…
Capital Market Operators Push for Bold Reforms to Restore Investor Confidence in Nigeria
Capital market operators have renewed calls for the Federal Government to implement bold reforms that would attract more companies to…
Apple, Google spotlight Lagos gaming studio Maliyo
Two global tech giants, Apple and Google, have turned the spotlight on Lagos-based Maliyo Games, a studio championing African creativity…
Full Implementation of Industrial Policy Vital for Nigeria’s Economic Growth – MAN
The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to fully implement the forthcoming national industrial policy if…
Tinubu to Commission $400m Rivers Oil Export Terminal, Nigeria’s First in 50 Years
President Bola Ahmed Tinubu will on October 8 inaugurate the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers…
Domestic Investors Slash Stock Trades by N932bn in August as Foreign Participation Rises
Domestic investors on the Nigerian Exchange Limited (NGX) sharply reduced their participation in August 2025, cutting back on stock trades…
Nigeria’s AI Strategy Targets $15bn GDP Boost, Equips Youth with 70% AI Skills by 2030
Nigeria is making a bold play to secure its place in the global Artificial Intelligence (AI) revolution with an ambitious…
SEC DG Calls for Urgent West African Capital Market Integration to Drive Infrastructure, Jobs, and Digital Growth
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged West African nations to accelerate the…
AI Startup Valuations Spark Bubble Fears as Funding Hits Record Highs
Artificial intelligence (AI) startups are pulling in unprecedented levels of funding, but some of the world’s largest investors are sounding…
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance Capital Warns
Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new recapitalisation directive, which has raised the…
Nigeria’s Money Supply Hits N119.52 Trillion as Government Borrowing Falls 25.7% in August 2025
Nigeria’s financial landscape shifted notably in August 2025 as the country’s broad money supply (M3) rose to N119.52 trillion, even…
Asian Stocks Rally on Fed Rate Cut Hopes, AI Boom and Safe-Haven Gold Demand
Asian stock markets are on track for solid weekly gains as investors bet on a near-term interest rate cut by…
IMF Endorses Ghana’s Fiscal Reforms, Urges Discipline Beyond 2026 Program Exit
The International Monetary Fund (IMF) has expressed confidence in Ghana’s economic reforms, assuring that the country is well positioned to…
Ghana Inflation Falls to 9.4%, Economist Warns Against “Overstretching” the Fight
Ghana has recorded its first single-digit inflation in four years, as headline consumer prices slowed to 9.4% in September 2025,…
CBN Rate Cut to 27% Puts Pressure on Nigerian Banks’ Profits, Says Moody’s
Global ratings agency Moody’s Investors Service has warned that Nigerian banks could face shrinking profits following the Central Bank of…
Nigeria Becomes Senegal’s Key Crude Supplier Despite New Oil Discovery
Nigeria has emerged as a lifeline for Senegal’s energy sector, supplying the bulk of crude oil to the country’s only…