Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025
Nigeria experienced a significant boost in foreign capital inflows in the first quarter (Q1) of 2025, with total…
Yearly Archives
2025
European Pharma Stocks Slide Amid Trump Tariff Threats and Bayer’s Legal…
European pharmaceutical stocks took a hit on Wednesday after former U.S. President Donald Trump threatened tariffs…
Nigeria’s Capital Importation Surges 67% to $5.64 Billion in Q1 2025
Capital importation into Nigeria surged by 67.12% year-on-year in the first quarter of 2025, reaching $5.642…
BUA Cement Leads Market Rally as NSE Capitalisation Soars by N458 Billion
The Nigerian equities market continued its bullish momentum on Tuesday, August 6, 2025, driven by strong investor…
COPEC Opposes Proposed 20% Transport Fare Hike, Cites Stable Fuel Prices
The Chamber of Petroleum Consumers (COPEC) has firmly rejected reports of a proposed 20% increase in public…
BoG Slashes Policy Rate by 300bps to Spur Cheaper Lending and Boost Economic…
The Bank of Ghana (BoG) has implemented a historic monetary policy shift by cutting its benchmark policy rate by…
Tinubu Signs Landmark Insurance Reform Act to Drive $1 Trillion Economy Vision
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, marking a…
Telcos Pump N824.7bn into Network Expansion Amid Subscriber Outrage over Poor…
Nigeria's leading telecom operators, MTN and Airtel, have collectively invested over N824.7 billion in…
Naira Holds Firm Despite Dip in FX Inflows: Analysts Cite Strong Reserve Build-Up,…
The Nigerian naira maintained its stability despite a recent decline in foreign exchange (FX) inflows, according…
Nigeria’s Banking Sector Attracts $3.1bn as Capital Inflows Surge, Manufacturing…
Capital importation into Nigeria jumped to $5.64 billion in the first quarter of 2025, marking a 67.12% increase…
Cedi Surge Sparks 50% Drop in Remittances, BoG Governor Reveals-Ghana
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has revealed that the recent sharp appreciation of the…
OpenAI Targets $500 Billion Valuation in Employee Share Sale Amid Soaring Growth
OpenAI, the developer behind ChatGPT, is reportedly exploring a new stock sale that could value the company at an…
Asian Markets Edge Higher Amid U.S. Tariff Tensions and Fed Rate Cut Expectations
Asian stock indexes made modest gains on Wednesday, with Japan and Australia outperforming regional peers.…
Suitroh Partners with Banks to Launch X-Inventory, Boost SME Financing and Supply…
Suitroh Nigeria Limited, a fintech-driven logistics company, has unveiled a new digital trade platform called…
Nigeria’s New Tax Reforms Aim to Boost Tech Sector but Raise Compliance Concerns
President Bola Tinubu's recent endorsement of comprehensive tax reforms signals a significant shift in Nigeria’s…
Nigeria Becomes 4th Most Expensive Country to Borrow in Africa as Interest Rates…
Nigeria has emerged as the fourth most expensive country to borrow in Africa, according to a new report by…
FCMB Group Reports N79.3bn Half-Year Profit in 2025, Driven by Strong Digital…
FCMB Group Plc has reported a profit before tax of N79.3 billion for the first half of 2025, marking…
Investor Caution Slashes July FX Inflows by 21% Amid Global, Local Uncertainty
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) fell by 20.9% in July 2025 to $3.83…
Nigeria’s Economic Growth Slows in July 2025 as Manufacturing Suffers Historic…
Nigeria’s economic growth lost significant momentum in July 2025, with the manufacturing sector experiencing its…
Banks’ Deposits with CBN Surge 783% to ₦79.8 Trillion Amid Excess Liquidity and…
Banks’ deposits with the Central Bank of Nigeria (CBN) soared by 783.7% year-on-year to ₦79.8 trillion in the…
Ghana’s T-Bill Auction Oversubscribed by 42% as Investors Rush to Lock in Yields
Ghana’s latest Treasury bill (T-bill) auction has recorded a significant oversubscription, with investor demand…
Debt Discipline Vital to End Ghana’s IMF Dependency – Experts Warn
Ghana must embrace sustainable debt management to escape its recurring dependence on the International Monetary…
SEC Flags $2.1bn in Suspicious Crypto Deals Across West Africa
The Director-General of Nigeria’s Securities and Exchange Commission (SEC), Emomotimi Agama, has raised alarms…
Swiss Stocks Tumble as U.S. Tariff Shock Triggers Economic Fears
Swiss markets opened the week on a negative note as the announcement of new U.S. tariffs sparked a sell-off in key…
Inside OpenAI’s Race for the Ultimate AI Agent: Reasoning Models, Reinforcement…
OpenAI’s quest for general-purpose AI agents began quietly with an internal team called MathGen. Their focus was…
CBN’s FX Code Sparks Naira Rally, Market Stability, and Investor Confidence
Six months after the Central Bank of Nigeria (CBN) launched the Nigerian Foreign Exchange Code (FX Code), the…
IMF Upgrades Nigeria’s 2025 Growth Forecast Amid Easing Inflation, Currency…
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Nigeria upward, projecting…
Forex Inflows Drop 20.9% in July Despite Market Optimism, Naira Shows Modest Gains
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) declined sharply by 20.9% in July 2025,…
Nigeria’s Business Confidence Climbs for Sixth Month in 2025; Manufacturing Sector…
Nigeria’s Business Performance Index showed sustained growth for the sixth consecutive month in June 2025,…
Trump Hits India with Steep Tariffs as New Delhi Holds Firm on Trade Deal
U.S. President Donald Trump announced 25% tariffs on imports from India alongside an unspecified penalty, aiming…