Nigeria’s Private Sector Expands for 11th Month as PMI Hits 55.4 Points
Nigeria’s private sector sustained its growth streak for the 11th consecutive month in October, driven by gains across industry, services,…
Day: November 13, 2025
MOFI Lists N1 Trillion MREIF on NGX to Boost Affordable Housing in Nigeria
Nigeria’s Ministry of Finance Incorporated (MOFI) has officially listed its N1 trillion Series 2 MOFI Real Estate Investment Fund (MREIF)…
Bank of Ghana Launches Transparent FX Operations Framework to Boost Market Confidence
The Bank of Ghana (BoG) has introduced a new Foreign Exchange (FX) Operations Framework aimed at boosting transparency, reinforcing market…
Ghana’s Bond Market Set to Drive Africa’s Capital Market Integration – BoG Governor
Ghana’s fixed-income market is emerging as one of Africa’s most credible and resilient bond platforms, with trading volumes reaching GHS214…
Deepwatch Layoffs Hit Dozens as Company Shifts Focus to AI Investments
Deepwatch, a U.S.-based cybersecurity company known for its AI-powered detection and response platform, has laid off dozens of employees as…
Dow Hits Record 48,000 Amid AI Market Surge and Government Reopening
The Dow Jones Industrial Average surged to a historic milestone on Wednesday, closing above 48,000 for the first time. This…
Nigeria Records 566,300 Data Breaches in 2025 Amid Rising Global Cyber Threats
Nigeria has emerged as one of the most affected countries in global cybersecurity incidents this year, with 566,300 accounts leaked…
Seplat Energy Boosts Crude Output by 33,000 BPD After Successful Oil Well Rehabilitation
Seplat Energy Plc has successfully boosted its crude oil production by 33,000 barrels per day (BPD) following the rehabilitation of…
TotalEnergies Pushes to Maximise Oil Production in Nigeria’s Deepwater Fields
TotalEnergies EP Nigeria is intensifying efforts to unlock the full potential of its oil assets in the country, driven by…
NDIC Advises Nigerians to Maintain Alternate Bank Accounts for Faster Refunds
The Nigeria Deposit Insurance Corporation (NDIC) has urged bank customers to maintain alternate accounts in different financial institutions to ensure…
Nigeria Targets $20 Billion Investment from 70 Priority Gas Projects to Boost Industrial Growth
Nigeria is positioning itself to unlock up to $20 billion in new investments through 70 priority gas projects, as the…
AfCFTA Boost: Africa Trade Engine to Close $50 Billion Import Gap and Drive Local Manufacturing
TRT Manufacturing and TradeDepot have unveiled the Africa Trade Engine (ATE), a groundbreaking initiative designed to tackle Africa’s $50 billion…
Senator Calls for Review of 30% Capital Gains Tax Amid N2tn Market Loss
The Chairman of the Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has urged the Federal Government to…
European Stocks Edge Higher as U.S. Government Shutdown Ends; Burberry Surges 7% on Strong Sales
European markets opened higher on Thursday, tracking global optimism after the United States ended its protracted government shutdown. The pan-European…
Ellah Lakes Launches ₦235bn Public Offer to Drive ₦200bn Revenue Ambition
Nigerian agribusiness giant Ellah Lakes Plc has announced the launch of a ₦235 billion public offer, marking a bold step…
Presco Plc Launches N236.67 Billion Rights Issue to Drive Expansion and Acquisitions
Presco Plc has opened a N236.67 billion Rights Issue, inviting existing shareholders to increase their equity in the company as…
SEC Partners with Cambridge and Busha to Launch Digital Assets Education Programme in Nigeria
The Securities and Exchange Commission (SEC) of Nigeria has teamed up with Cambridge Enterprise, Busha, and A&D Forensics to introduce…
Nigerian Equities Market Rebounds, Investors Gain N2.59 Trillion
The Nigerian equities market staged a strong recovery on Wednesday, delivering a welcome relief to investors following a steep market…
Nigerian Stock Market Rebounds with N2.6 Trillion Gain After Record Loss
The Nigerian stock market staged a remarkable recovery on Wednesday, posting a N2.6 trillion gain in market capitalisation just a…
European Markets Rise as U.S. Government Shutdown Ends; Burberry Surges 4% on Strong Sales
European stock markets edged higher on Thursday, following positive global sentiment after the U.S. government officially ended its historic shutdown.…
Nine Nigerian Banks Earn ₦2.81 Trillion from Fees and Commissions in Q3 2025
Nine leading Nigerian banks collectively raked in about ₦2.81 trillion from various fees and commissions in the third quarter of…
Power Shortages and Insecurity Threaten Nigerian Businesses’ Growth – CBN Survey
Insecurity and unreliable electricity remain the biggest threats to business stability and profitability in Nigeria, according to the Central Bank…
The Alternative Bank Wins “Innovative Bank of the Year” Award at African Islamic Finance Conference
The Alternative Bank has clinched the coveted title of Innovative Bank of the Year at the 7th African International Conference…