Dangote Group Appoints Ex-CBN Director Mahmud Hassan as Group Chief Economist
Dangote Group has strengthened its economic advisory team with the appointment of renowned economist and former Central Bank of Nigeria…
Day: December 16, 2025
Big Banks’ FX Gains Fall to Three-Year Low as Nigeria’s Banking Sector Shifts Strategy
Nigeria’s biggest banks are seeing a sharp slowdown in foreign exchange (FX) gains, once a major source of profits, as…
Analysts Predict Shift to Fundamentally Strong Stocks in Nigeria’s Stock Market Rally
As year-end trading activities gather pace, capital market analysts say investors are increasingly concentrating on fundamentally strong stocks with attractive…
Nigeria’s Trade Balance Surges 43% to ₦19.3tn in Nine Months — NBS Data
Nigeria’s trade balance recorded a great improvement in the first nine months of 2025, rising by 43.8 per cent year-on-year…
Bright Simons Warns Bank of Ghana’s Non-Interest Banking Rebrand Risks Confusion and Failure
Bright Simons, Vice President of policy think tank IMANI Africa, has raised serious concerns about the Bank of Ghana’s proposed…
Nigeria Spends N8.64 Trillion on Imported Boilers, Machinery, and Appliances in 2025
Nigeria has spent a staggering N8.64 trillion on imported boilers, machinery, and appliances in the first nine months of 2025,…
Investing in FGN Savings Bonds vs FGN Bonds
The Federal Government of Nigeria (FGN) offers two key investment options for those looking to invest in government debt: FGN…
CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon
Retail forex traders in Nigeria, known as Bureau De Change (BDC) operators, are optimistic that the Central Bank of Nigeria…
Cyberattacks Surge: Nigeria Among Most Targeted African Countries in November 2025
Nigeria has emerged as one of the most targeted African countries for cyberattacks in November 2025, according to a new…
OpenAI Licenses 200+ Disney Characters in Landmark Equity-Only Deal
OpenAI has taken a major step into the world of entertainment by striking an equity-only licensing deal with the Walt…
NGX ICT Stocks Surge to N18.6 Trillion Market Cap in 2025 Amid Investor Optimism
Technology stocks on the Nigerian Exchange (NGX) have emerged as one of the standout performers in 2025, attracting significant investor…
Nigeria’s Fintechs and Startups Shine at NiRA 2025 .ng Domain Awards
Nigeria’s fintechs and startups took centre stage at the 2025 Nigeria Internet Registration Association (NiRA) .ng Domain Awards, signaling the…
Nigeria’s ₦30 Trillion Revenue Shortfall Sparks Concerns Over 2026 Budget
Nigeria’s federal government is under fresh scrutiny after revealing a ₦30 trillion shortfall in its 2025 revenue, casting doubts on…
Nvidia Expands Open Source AI with SchedMD Acquisition and Nemotron 3 Model Release
Nvidia is making bold moves in the open source AI space, announcing both a key acquisition and a new model…
Google Shuts Down Dark Web Report Feature: What Users Need to Know
Google has announced it will retire its “Dark Web Report” feature starting February 16, 2026. Launched about a year and…
Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream Shake-Up
Nigeria’s downstream petroleum sector is in the grip of a fierce price war following Dangote Petroleum Refinery’s dramatic cut in…
Idle NNPC Refineries Drive Nigeria’s Petrol Imports Despite Dangote Output
Nigeria’s dependence on imported petrol deepened in November as marketers blamed the continued dormancy of government-owned refineries for the surge…
European markets open lower as investors await key central bank decisions
European stock markets are set to open lower on Tuesday, giving back early-week gains as investors brace for a packed…
Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support
Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, marking a further easing in consumer price pressures,…
NGX Gains ₦3bn as Cautious Trading Reflects Investor Selectivity
The Nigerian equities market closed the first weekday of trading on a modest positive note, with the Nigerian Exchange Limited…