IMF Forecasts Nigeria’s Debt-to-GDP Ratio to Drop to 35% by 2026 Amid Fiscal Reforms and Revenue Growth
Nigeria’s debt outlook is brightening as the International Monetary Fund (IMF) projects a steady decline in the nation’s debt-to-GDP ratio…
Month: October 2025
Ghana, World Bank deepen partnership to boost dev’t across five key sectors
Ghana has taken a major step toward deepening its economic development through a strengthened partnership with the World Bank. Finance…
PoS Operators Warn CBN’s New Agent Banking Rule Could Crush Small Fintechs, Create Monopoly Risks in Nigeria
Point of Sale (PoS) operators across Nigeria have expressed deep concern over the Central Bank of Nigeria’s (CBN) newly released…
Nigeria’s Rate Cut Signals New Economic Direction as Inflation Eases and Growth Prospects Improve
Nigeria’s economy is showing signs of cautious recovery as the Central Bank of Nigeria (CBN) cuts its benchmark interest rate…
Tony Elumelu Calls for Inclusive Digital Prosperity in Africa
Chairman of Heirs Holdings, Tony Elumelu, has called on African governments, financial institutions, and development partners to embrace artificial intelligence…
European Markets Mixed as Investors Weigh Economic Uncertainty and Earnings Outlook
European markets opened on a mixed note Thursday, reflecting ongoing volatility across global exchanges. The pan-European Stoxx 600 edged slightly…
NCC’s Tariff Reform Sparks ₦1 Trillion Telecom Investment, Boosting Nigeria’s Digital Infrastructure
The Nigerian Communications Commission (NCC) has revealed that its recent tariff reforms have attracted over ₦1 trillion in fresh investments…
Digital Encode Becomes Platinum Sponsor for AfriTECH 5.0, Champions Africa’s Digital Sovereignty
Africa’s cybersecurity powerhouse, Digital Encode Limited, has been unveiled as the Platinum Sponsor of the fifth edition of the Africa…
Nigerian Stock Market Value Hits N93.8 Trillion as Bullish Run Continues on NGX — Investors Maintain Optimism
The Nigerian stock market continued its upward momentum on Wednesday, with the Nigerian Exchange Limited (NGX) extending its winning streak…
IMF Backs Nigeria’s Reform Drive, Predicts Major Fiscal Breakthrough by 2025
Nigeria is edging closer to a long-awaited fiscal transformation as the International Monetary Fund (IMF) expressed strong confidence in the…
SEC adopts faster settlement cycle for market efficiency
The Securities and Exchange Commission (SEC) has announced plans to shorten Nigeria’s capital market settlement cycle from T+3 to T+2,…
Brent Crude Plunges 6% Amid US-China Trade Tensions, Struggles to Hold $62 Per Barrel
Global oil markets are facing renewed pressure as Brent crude prices fell more than 6% in October, struggling to maintain…
JUST-IN: Nigeria’s Inflation Rate Falls to 18.02% in September 2025 as Food Prices Ease
Nigeria’s inflation rate continued its downward trend in September 2025, easing to 18.02% from 20.12% in August, according to the…
Leveraging AI to Safeguard Freedom of Expression in Nigeria – Experts Speak at WSCIJ Forum
Human rights lawyer Tsema Ede has called on media professionals and civil society organizations to explore how Artificial Intelligence (AI)…
Google Gemini AI Now Helps Gmail Users Effortlessly Schedule Calendar Meetings
Google has rolled out a new AI-powered feature designed to make scheduling meetings in Gmail simpler than ever. The tech…
Apple Drops “Plus” from Apple TV: What the Rebrand Means for Streaming Fans
Apple has officially rebranded its streaming platform, dropping the “Plus” from Apple TV+. The streaming service will now be known…
Regalins, Prestige Assurance Lead Gainers as NGX Closes Flat Amid Decline in Trading Volume
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a quiet note, with the All-Share Index (ASI) slipping marginally by…
NGX Market Loses ₦4bn as Trading Volume Plummets by 58%
The Nigerian Exchange Limited (NGX) witnessed a mild setback on Tuesday, October 15, 2025, as market capitalisation fell by ₦4…
SEC, NUC Partner to Boost Financial Literacy in Nigerian Universities — Aiming to Build a Trillion-Dollar Economy
The Securities and Exchange Commission (SEC) has entered into a landmark partnership with the National Universities Commission (NUC) to enhance…
AI Takes Centre Stage as Companies Boost Cybersecurity Investments, PwC Report Reveals
In a fast-evolving digital world, artificial intelligence (AI) has emerged as the top investment priority for global business and cybersecurity…
Cautious Trading Drags Nigerian Stock Market Down by ₦4 Billion
The Nigerian stock market opened the week on a subdued note as cautious trading activity wiped off about ₦4 billion…
Asia Stocks Rebound Despite U.S.-China Trade Tensions as Investors Bet on Economic Resilience
Asian markets rallied on Wednesday, defying Wall Street’s overnight losses as investors brushed off escalating tensions between the United States…
Ghana Cedi Rebounds Over 3% as Bank of Ghana Interventions and Strong Gold Prices Boost Confidence
After weeks of market pressure, the Ghana cedi has made a strong comeback, appreciating by more than 3% against major…
African Finance Ministers Applaud Ghana’s GOLDBOD Model as Blueprint for Resource-Led Growth
At a high-level meeting on the sidelines of the 2025 IMF–World Bank Annual Meetings in Washington, Ghana’s innovative approach to…
Naira Weakens Slightly to N1,467/$1 Despite Rising Foreign Reserves
Nigeria’s currency began the week on a mild downward note as the naira slipped to N1,467 per dollar on Tuesday,…
IMF Raises Nigeria’s 2025 Growth Forecast to 3.9% Amid Oil Gains and Investor Confidence
The International Monetary Fund (IMF) has revised Nigeria’s 2025 economic growth forecast upward to 3.9%, citing a rebound in oil…
MTN Renews Sponsorship for Tech Revolution Africa 2.0, Driving the Continent’s Digital Future
In a move that reinforces its leadership in Africa’s tech ecosystem, MTN Nigeria has renewed its partnership as the Headline…
European Stocks Rebound as Traders Monitor U.S.-China Trade Tensions and French Political Moves
European markets opened higher on Wednesday, recovering from a two-week low as investors weighed renewed tensions between the United States…
PMI Applauds Dangote Refinery as Global Benchmark for Project Excellence
The Dangote Petroleum Refinery has received high praise from the Project Management Institute (PMI) for its outstanding execution and world-class…
Hidden Bank Charges Quietly Drain Nigerians’ Savings, Erode Trust in Digital Finance
Over the last decade, the rise of digital banking and fintech platforms has transformed how Nigerians manage their money, offering…