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…
Month: October 2025
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…
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…
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…