Nigeria Issues First Gas Trading Licence to Boost Market Transparency and Liquidity
Nigeria has taken a major step to modernize its domestic gas market by issuing the country’s first Gas Trading Licence…
Month: December 2025
OpenAI Unveils GPT-5.2 to Challenge Google’s AI Dominance
OpenAI has officially launched GPT-5.2, its latest AI model, in a strategic move to counter mounting competition from Google’s Gemini…
Expansion of Asset Classes in ISA 2025 Set to Boost Nigerian Capital Market, Says CSCS
The Central Securities Clearing System (CSCS) Plc has hailed the recent expansion of recognised asset classes under the Investment and…
BERGER Paints, JAPAULGOLD Lead Gains as Nigerian All-Share Index Rebounds to N94 Trillion
The Nigerian All-Share Index (ASI) surged on December 11, 2025, closing at 147,950.59 points, a gain of 1,088.58 points or…
MTN Leads Market Rally as Nigerian Stocks Gain N694 Billion
Equities on the Nigerian Stock Exchange rebounded strongly yesterday, led by gains in MTN Nigeria Communications and 30 other prominent…
Nigerian Equity Market Rebounds with N694 Billion Gain as Investors Return
The Nigerian equity market staged a strong rebound on Thursday, recovering N694 billion after a week of losses as investors…
Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure
The Nigerian naira has shown resilience against the British pound, trading at N1,950/£1 in the official market. This represents a…
CBN Tightens Oversight as Nigerian Banks Boost Capital to Strengthen Financial Stability
Nigerian banks are stepping up their capital base as the Central Bank of Nigeria (CBN) enforces stricter oversight to maintain…
SEC Calls on Banks to Mobilize Capital for Nigeria’s Gas Trading Revolution
The Securities and Exchange Commission (SEC) has called on Nigerian banks, insurers, and asset managers to mobilize capital to strengthen…
Google and CyberSafe Foundation Launch Resilio Africa to Protect 2 Million People from Cyberattacks
The CyberSafe Foundation, supported by Google.org, has announced the launch of Resilio Africa, a three-year initiative designed to bolster cybersecurity…
World Launches ‘Super App’ with Encrypted Chat and Crypto Payments
World, the biometric ID verification project co-founded by Sam Altman, has officially launched the newest version of its app, introducing…
AI Key to Unlocking Africa’s $3.4tn AfCFTA Market, Experts Say
Artificial intelligence (AI) is set to be the driving force behind the African Continental Free Trade Area (AfCFTA), reshaping cross-border…
Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports
Nigeria posted a trade surplus of N6.69 trillion in the third quarter of 2025, reflecting a 27.29% year-on-year growth and…
European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling Inflation
European stocks closed higher on Thursday as investors weighed the U.S. Federal Reserve’s latest rate cut and the Swiss National…
Nigeria’s Oil Output Rises by 35,000 bpd in November as Production Recovery Strengthens
Nigeria recorded one of its strongest month-on-month production boosts in 2025, as crude output climbed to 1.436 million barrels per…
Reps Push Major Reforms to Strengthen Transparency and Oversight at CBN
The House of Representatives has begun formal steps to overhaul the Central Bank of Nigeria (CBN) Act, seeking stronger transparency,…
Dangote Refinery Receives Second Ghana Crude Shipment as Maintenance Cuts Intake
The Dangote Petroleum Refinery has received its second crude oil shipment from Ghana, strengthening its shift toward West African feedstocks…
Non-Interest Banking in Ghana: BoG Requires 60% Foreign Currency Capital for Foreign Banks
The Bank of Ghana (BoG) has unveiled a new regulatory framework aimed at tightening oversight of the country’s growing non-interest…
FCMB Asset Management Upgraded to A(IM) Rating by Agusto & Co., Strengthening Investor Confidence
FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received a significant rating upgrade from…
FG Captures N4tn Power Sector Bond in MTEF to Boost Investor Confidence
The Federal Government has announced that the newly launched N4tn power sector liquidity bond, designed to settle long-standing debts owed…
Modern Infrastructure Key to Nigeria’s AI Leadership, Says Schneider Electric
Schneider Electric has emphasized that the next era of global artificial intelligence (AI) leadership will be driven more by the…
Pension Fund Assets Rise to N26.66 Trillion as PenCom Cracks Down on Defaulters
Nigeria’s total pension fund assets under the Contributory Pension Scheme (CPS) increased by 2.2% month-on-month to N26.66 trillion in October…
Dangote Refinery Boosts Petrol Supply by 38% Amid Rising Imports
Nigeria’s domestic petrol supply saw a significant boost in November 2025, with the Dangote Refinery contributing 23.52 million litres per…
Dollar Weakens as Fed Signals Dovish Tilt, Markets Anticipate Two Rate Cuts in 2026
The U.S. dollar dipped on Thursday after the Federal Reserve delivered a less hawkish outlook than investors had anticipated, fueling…
Bank of Ghana Urges Fintechs to Strengthen Compliance, Consumer Protection, and Fight Financial Crime
The Bank of Ghana (BoG) has called on fintech companies, mobile money operators, and financial institutions to strengthen compliance and…
Google Elevates AI Infrastructure Chief Amin Vahdat as AI Arms Race Intensifies
Google has made a major move in the global AI arms race, promoting Amin Vahdat to the newly created position…
State Attorneys General Warn AI Giants to Fix ‘Delusional Outputs’ or Face Legal Action
A coalition of U.S. state attorneys general has issued a stark warning to major AI companies, including Microsoft, OpenAI, and…
Tinubu to attend 3MTT National Impact Summit
President Bola Ahmed Tinubu is set to attend the 3 Million Technical Talent (3MTT) National Impact Summit on Thursday, December…
Nigerian Stock Market Dips 0.05% as JAPAULGOLD and Mid-Cap Stocks Rally
The Nigerian stock market closed slightly lower on December 10, 2025, with the All-Share Index (ASI) dipping 0.05% to 146,862.0…
Nigeria’s Petrol Consumption Drops to 52.9 Million Litres in November Amid Rising Local Refinery Output
Nigeria’s petrol consumption declined to 52.9 million litres per day in November, signaling a slight slowdown in fuel demand across…