Nigerian Stock Market Gains N309bn in One Day as Investor Confidence Rises
The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed…
Year: 2025
Google to Launch Four Africa Infrastructure Hubs to Boost Subsea Cable Connectivity
Google has announced plans to establish four new infrastructure hubs across Africa, aiming to connect its latest subsea fibre-optic cables…
Ghana’s Central Bank Slashes Record 350bps as Inflation Eases, Economy Shows Strong Growth
Ghana’s central bank stunned markets on Wednesday by delivering its largest-ever policy rate cut, reducing the main lending rate by…
Microsoft Shuts Down Nigerian-Led RaccoonO365 Phishing Network, Seizes 338 Fake Domains
Microsoft’s Digital Crimes Unit (DCU) has successfully dismantled a major phishing network led by a Nigerian individual, seizing 338 fake…
Naira Slips N9.88 Against Dollar Despite Rising External Reserves: Experts See Medium-Term Stability
The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even as…
38 Million Google Play Downloads Linked to Massive Global Ad Fraud Scheme – SlopAds Exposed
Security researchers have uncovered one of the largest mobile ad fraud operations in recent years, involving 224 apps on the…
Ghana’s Mobile Money Transactions Hit GHC354.1 Billion in August as Digital Payments Surge
Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in August 2025, according to the latest…
Nigeria Disburses N330 Billion to 8.1 Million Households Under Social Safety Net Program
The Federal Government has disbursed N330 billion to 8.1 million households nationwide under the National Social Safety Net Programme (NSSNP),…
Nigeria’s Inflation Set to Drop to 17% by Year-End, IMPI Projects Economic Relief
The Independent Media and Policy Initiative (IMPI) has forecasted a significant drop in Nigeria’s inflation rate, projecting it to reach…
NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation
The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the current 9:30 am–2:30…
UBA Unveils Groundbreaking Whitepaper at UNGA 2025 to Unlock Africa’s Economic Potential
United Bank for Africa (UBA) is set to take center stage at the 80th United Nations General Assembly (UNGA 2025)…
Nigeria Attracts $18.2 Billion in Upstream Oil & Gas Investments Through Competitive Reforms – NUPRC
Nigeria’s upstream oil and gas sector has secured a massive $18.2 billion in investment commitments, thanks to the government’s ongoing…
OGTAN Champions Human Capacity Development as Key to Nigeria’s Energy Future
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reinforced its dedication to developing industry-ready skills to strengthen Nigeria’s…
YouTube Launches Veo 3 Fast and AI Tools to Revolutionize Shorts Creation
YouTube is stepping up its game in the short-form video space with the launch of new AI-powered tools designed to…
Al Gore Praises China’s Clean Energy Surge While Warning of U.S. Climate Leadership Decline
Twenty-five years after his historic presidential bid, former U.S. Vice President Al Gore is reflecting on a global energy transition…
Nigerian Stock Market Loses ₦79 Billion as 27 Equities Decline on NGX
The Nigerian Exchange (NGX) closed on a weak note on Tuesday as market capitalisation fell by ₦79 billion following widespread…
European Stocks Edge Higher Ahead of U.S. Federal Reserve Rate Cut Decision
European equity markets opened in positive territory on Wednesday as global investors awaited the U.S. Federal Reserve’s latest policy decision.…
Dangote Refinery Exports First Petrol Shipment to U.S., Signaling Nigeria’s Rise in Global Fuel Market
Nigeria’s 650,000-barrel-per-day Dangote Refinery has exported its first petrol (gasoline) shipment to the United States, a landmark development for Africa’s…
CBN Orders Banks to Secure MD/CEO Successor Approval Six Months Ahead to Strengthen Governance
The Central Bank of Nigeria (CBN) has issued a new directive compelling Domestic Systemically Important Banks (DSIBs) to secure regulatory…
Ghana’s Public Debt Climbs to GH¢628.8 Billion in July 2025 Amid Currency Swings
Ghana’s public debt rose sharply by GH¢15.8 billion in July 2025, bringing the total to GH¢628.8 billion (about $59.9 billion),…
Nigeria Needs $100 Billion Annual Investment to Meet 2050 Growth Ambitions — Minister Bagudu
Nigeria must secure at least $100 billion in investments every year to achieve its ambitious goal of becoming a middle-income…
Google Play Partners with VerveLife 8.0 to Elevate Fitness and Wellness Across Africa
Verve, Africa’s leading domestic payments card scheme under the Interswitch Group, has announced Google Play as a strategic partner for…
Dollar Weakens, Gold Hits Record High as Markets Await Fed Rate Decision
Global markets steadied on Wednesday as investors braced for a widely expected interest rate cut from the U.S. Federal Reserve,…
UK and US Sign $42 Billion Tech Partnership to Boost AI, Quantum Computing and Nuclear Energy
Britain and the United States have sealed a landmark “Tech Prosperity Deal” worth £31 billion ($42 billion), marking U.S. President…
Cedi Loses Steam: Ghana’s Currency Appreciation Against Dollar Slows to 21% Amid Market Pressures
Ghana’s cedi, which dazzled global markets with record gains earlier this year, is now losing momentum. New Bank of Ghana…
FintechNGR Strengthens Collaboration with CBN and Lawmakers to Drive Nigeria’s Fintech Growth
The Fintech Association of Nigeria (FintechNGR) has stepped up efforts to deepen collaboration with key regulators and lawmakers in a…
Dangote Group Eyes Global Leadership in Urea Fertiliser Exports by 2026, Unveils CNG Fleet to Create 24,000 Jobs
Nigeria is set to emerge as a global force in fertiliser and petrochemicals as the Dangote Group targets becoming the…
Experts Question Presidency’s Claim That Nigeria’s Inflation Will Drop to Single Digit Amid Economic Hardships
The Presidency has assured Nigerians that the nation’s inflation rate is on track to fall into single digits, a development…
Naira appreciates to N1,497/$ at official market — first time since March
The naira appreciated to N1,497.46 per dollar at the official foreign exchange (FX) market on Monday. The currency appreciated by…
Presidency Reassures Nigerians Over Oil JV Divestment Amid Atiku’s Warnings on Energy Security
The Nigerian Presidency has pushed back against former Vice President Atiku Abubakar’s concerns regarding potential divestment in key oil and…