SK Hynix and Samsung Electronics Soar to Record Highs as AI Deals Drive South Korean Chip Market
Shares of South Korean tech giants SK Hynix and Samsung Electronics surged to record highs on Friday, fueled by a…
Month: October 2025
Nigeria’s National Single Window Project to Slash Cargo Clearance Costs and Boost Trade Compliance
The Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Kingsley Igwe, has revealed that…
Ogun State Boosts Food Security by Empowering 4,316 Farmers with Home Gardening Toolkits
Ogun State has taken a major step toward strengthening food security by empowering 4,316 smallholder farmers with home gardening toolkits…
Ghana’s Petroleum Revenue Plummets 56% in H1 2025 — PIAC Calls for Urgent Action
Ghana’s petroleum sector is facing a significant downturn, with revenue falling by 56% in the first half of 2025 compared…
FG and MAN Collaborate to Boost Non-Oil Exports, Fix EEG Bottlenecks for Economic Growth
The Federal Government (FG) and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to strengthening Nigeria’s non-oil trade…
Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains
Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs) delivered impressive returns across all…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest performance in recent months.…
Globacom Backs NCC’s Drive for Secure Broadband Expansion in Nigeria
Nigeria’s journey towards digital transformation received a significant boost as telecommunications giant Globacom (Glo) pledged full support for the Nigerian Communications Commission’s…
NGF and UNDP Strengthen Partnership to Boost Investments, Sustainable Growth Across Nigerian States
In a renewed push to accelerate economic development across Nigeria, the Nigeria Governors’ Forum (NGF) has strengthened its partnership with the United Nations…
Why Lagos Still Has No Public WiFi Network — Despite Years of “Smart City” Promises
Nearly a decade after Lagos announced its dream of becoming a “smart city,” residents of Africa’s largest metropolis are still…
Cisco Unveils Silicon One P200 Chip and 8223 Router to Power Next-Generation AI Data Centers
Cisco Systems has introduced its latest innovations, the Silicon One P200 networking chip and the Cisco 8223 routing system, to…
OpenAI’s Nick Turley Unveils Vision to Transform ChatGPT into an AI Operating System
OpenAI’s head of ChatGPT, Nick Turley, has revealed bold plans to transform the AI chatbot into a full-fledged operating system…
NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out a new Gas Development Roadmap aimed at unlocking over 55…
NNPC, Sahara Group Unveil Nigeria’s First Fully-Owned Floating Oil Vessel — A Milestone for Energy Independence
In a historic leap for Nigeria’s oil and gas industry, the Nigerian National Petroleum Company Limited (NNPC Ltd), Sahara Group,…
Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind
Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of President Bola…
FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation
The Federal Government of Nigeria and the Nigerian Economic Summit Group (NESG) have renewed their joint commitment to ensuring that…
Tinubu Approves $1 Billion Overhaul of Nigeria’s Major Seaports to Boost Trade and Investment
President Bola Tinubu has approved a $1 billion comprehensive reconstruction of Nigeria’s major seaports — Apapa, Tin Can Island, Calabar,…
World Bank: Nigeria’s Economic Reforms Stabilised Economy but Deepened Poverty, 139 Million Now Living in Poverty
The World Bank has commended Nigeria for stabilising its economy through recent reforms, but warned that the benefits have yet…
Nigerian Equities Market Extends Bullish Run as Investors Anticipate Strong Q3 Earnings
The Nigerian equities market continued its bullish momentum on Wednesday, driven by renewed investor optimism ahead of third-quarter earnings reports.…
FG Ends Revenue Collection Deductions to Boost Transparency and Fiscal Efficiency
In a major step toward fiscal reform, the Federal Government has scrapped the long-standing deductions made for revenue collection by…
Novo Nordisk Shares Fall as Pharma Giant Announces $4.7 Billion U.S. Biotech Acquisition
Shares of Danish pharmaceutical leader Novo Nordisk slid by 2.4% on Thursday following its announcement to acquire U.S. biotech firm…
Over ₦120 Billion in SEC-Registered Investment Funds Remain Idle in Nigeria’s Capital Market (Q4 2024)
Nigeria’s investment ecosystem continues to grapple with idle capital, as fresh data from the Securities and Exchange Commission (SEC) reveal…
VFD Group, Norrenberger Finalize ₦50.67 Billion Rights Issue to Boost Expansion and Cut Debt
VFD Group Plc has officially signed a ₦50.67 billion rights issue agreement with Lead Issuing House, Norrenberger Limited, marking a…
Nigeria’s PMI Hits 54.0 in September 2025, Signaling 10th Month of Economic Growth
Nigeria’s economy continued its steady recovery in September 2025, with the Purchasing Managers’ Index (PMI) climbing to 54.0 points, up…
Meta Agrees to $32.8M Settlement with Nigeria Over Data Privacy Breach
Meta Platforms Inc., the parent company of Facebook and Instagram, has agreed to pay $32.8 million to Nigeria’s Data Protection…
FirstBank Pledges to Bridge Financing Gaps and Drive SME Growth with Digital Solutions
FirstBank Group has reaffirmed its commitment to bridging financial gaps and leveraging digital solutions to tackle business challenges in Nigeria,…
139 Million Nigerians Still in Poverty Despite Government Reforms – World Bank Report
Despite significant economic reforms in recent years, an estimated 139 million Nigerians are still living in poverty in 2025, the…
Nigeria’s Debt-to-GDP Projected to Fall to 39.8% in 2025 Amid Strong Growth and Naira Stability
For the first time in more than a decade, Nigeria’s debt burden is expected to ease significantly as the country’s…
World Bank Raises Ghana’s 2025 Growth Outlook to 4.3%, Signaling Stronger Economic Recovery
The World Bank has upgraded Ghana’s 2025 economic growth forecast to 4.3%, up from its earlier estimate of 3.9%, reflecting…
NaviSmart AI Revolutionizes Immigration Support with Smart Automation and Human Expertise
Immigration remains one of the most complex life processes—filled with forms, rules, and deadlines that can overwhelm even the most…