African Trade Ministers to Address Trump’s Tariff Threat
African Trade Ministers from across the continent are convening on Monday, April 14, 2025, to discuss the newly announced tariffs…
Year: 2025
Banks and Manufacturers Overcome Economic Challenges to Post Impressive Profits and Dividends in 2024
Despite Nigeria’s economic struggles, including high inflation, a depreciating naira, and rising interest rates, both banks and manufacturing companies have…
Afriland Properties Approves N865.5m Dividend as 2024 Profits Surge
Afriland Properties Plc has received shareholder approval to distribute a total dividend of N865.5 million, equating to 63 kobo per…
Trump’s Commerce Secretary Warns of Future Tariffs on Tech Products
The U.S. tech industry’s temporary relief from tariffs may soon come to an end, according to Commerce Secretary Howard Lutnick.…
Trump’s Escalating Trade War with China Poses High Stakes for U.S. Economy
President Donald Trump’s trade war with China has reached a critical juncture, as rising tariffs threaten to push the U.S.…
Federal Court Admits FIRS Documents in Ongoing Tax Evasion Case Against Binance in Nigeria
The Federal High Court in Abuja has accepted evidence from the Federal Inland Revenue Service (FIRS) regarding its investigation into…
Telecom Operators Begin Infrastructure Overhaul Amid Service Complaints and Tariff Hike
Telecommunications operators across Nigeria have begun major upgrades and equipment installations to improve service quality nationwide. This move comes in…
Insurance Operators Urged to Drive Reforms for National Development
Insurance sector operators have been called upon to implement significant reforms aimed at improving the industry’s competitiveness and fostering its…
MAN Warns U.S. Tariff Could Derail Nigeria’s N55trn Budget, Threaten AfCFTA Ambitions
The Manufacturers’ Association of Nigeria (MAN) has raised the alarm over the imposition of a 14% tariff on Nigerian goods…
SEC Cracks Down on Unregistered Digital and Forex Trading Platforms Under New ISA 2025 Law
The Securities and Exchange Commission (SEC) of Nigeria has announced a ban on the operation of digital asset exchanges and…
Investors Cautious as NGX Sheds N440bn Amid Economic Jitters
The Nigerian Exchange (NGX) faced a sharp downturn last week, with market capitalisation dropping by N440.51 billion to settle at…
European Stocks Surge on Tech Tariff Reprieve, But Uncertainty Lingers
European markets rebounded sharply on Monday, with the pan-European Stoxx 600 index climbing 2.2% as all sectors turned green. Technology…
Unclaimed Dividends Hit ₦68.7bn in 2024 as SEC Doubles Down on Tech-Driven Solutions
In 2024, thirteen major companies listed on the Nigerian Exchange (NGX) reported a combined ₦68.7 billion in unclaimed dividends—marking a…
Banks and Universities colluding to frustrate student loan disbursement, says NOA
The National Orientation Agency (NOA) has raised serious concerns over alleged collusion between some universities and banks aimed at frustrating…
Fitch Upgrades Nigeria’s Credit Rating to Stable Amid Reforms and Economic Improvements
Fitch Ratings has upgraded Nigeria’s credit rating to ‘B’ with a stable outlook, reflecting the country’s economic progress following significant…
FG Seeks Continued EU Support for Nigeria’s Power Sector Reform
The Nigerian government is calling for continued technical and financial support from the European Union (EU) to address the challenges…
Government Achieves GH¢6.67bn in Treasury Bill Auction Oversubscription-GHANA
The government of Ghana successfully raised GH¢6.67 billion in its latest treasury bill auction, surpassing its target by a slight…
Ghana’s Damang Mine Decision Paves Way for Local Investment in Mining Sector – Isaac Tandoh
The Ghanaian government’s decision not to extend the mining lease for the Damang Gold Mine has been positioned as a…
ISA 2025 Ushers in Bold Reforms to Transform Nigeria’s Capital Market
The newly enacted Investments and Securities Act (ISA) 2025 has been hailed as a landmark reform that resets Nigeria’s capital…
Oil Slump and US Tariffs Shake Nigeria’s FX Market, Deepening Naira Volatility
Nigeria’s foreign exchange market has once again come under intense pressure as a mix of falling global oil prices and…
Nigerian Stocks to Watch: Oando’s Struggles, VFD’s Surge, and Wema’s Rights Issue in Focus
The Nigerian stock market closed the week ending April 11, 2025, on a bearish note, as the All-Share Index dropped…
Traditional Banks in Nigeria See Mixed Results as They Enter Fintech Space
Nigerian traditional banks began diving into the fintech industry in 2017, with Wema Bank’s launch of its ALAT platform marking…
Government Rejects GH¢2.36bn in T-bill Bids Amid Fiscal Caution
The government of Ghana has adopted a more cautious approach to borrowing, rejecting a substantial portion of bids totaling GH¢2.36…
Vegetable Exporters Urge AfCFTA to Address Trade Barriers Impeding Intra-African Trade
The Vegetable Producers and Exporters Association of Ghana has called on the African Continental Free Trade Area (AfCFTA) Secretariat to…
Japan’s Stocks Drop Amid Trade War Tensions as U.S.-China Relations Sour
Asian markets experienced mixed trading on Friday, with Japan’s Nikkei 225 falling nearly 3% amid escalating trade war tensions between…
Enugu issues 5MW power licence, boosts private sector participation in electricity market
Enugu State has issued a new 5MW power generation license to Tempo Power Solutions Ltd, authorizing the company to establish…
NNPC Pushes Forward with 72% Completion of AKK Pipeline, Reaffirms Commitment to Energy Transition
The Nigerian National Petroleum Company (NNPC) Limited has reported a 72% completion rate on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project,…
Xi Jinping Breaks Silence on U.S. Trade War: “China Is Not Afraid”
In his first public statement since tensions reignited between the United States and China, President Xi Jinping declared that China…
Google Slashes Prices to Woo U.S. Agencies, Challenges Microsoft’s Government Stronghold
In a bold move to challenge Microsoft’s dominance in the U.S. government software market, Google has announced a significant price…
Dangote Refinery Reduces Ex-Deport Petrol Price from N880 to N865 per Litre
Dangote Petroleum Refinery and Petrochemicals has announced a reduction in its ex-gantry loading cost for petrol from N880 to N865…