IMF Urges Bank of Ghana to Stay the Course on High Interest Rates Amid Inflation Gains
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a tight monetary policy stance in…
Year: 2025
Bank of Ghana’s MPC Convenes to Set Economic Tone Amid Signs of Stability
The Bank of Ghana’s Monetary Policy Committee (MPC) kicked off its 125th regular meeting today, July 28, to assess recent…
Private Sector Urges Action on Logistics, Security, and Trade Policies as Inflation Persists
Despite a marginal decline in Nigeria’s headline inflation rate for the fourth consecutive month, private sector leaders are raising alarms…
India Stays Calm Amid U.S. Trade Deadline Pressure, Leveraging Strategic Partnerships
As the August 1 deadline for a U.S.-India trade deal approaches—after which tariffs are set to rise to 26%, India…
Replicate Naira-for-Crude Success Across Sectors, Says Dangote
Aliko Dangote has called on the Federal Government to expand the Naira-for-Crude policy beyond oil, hailing the initiative as a…
Nigeria Holds Key Rate as FX Gains, Inflation Moderates, and Investor Confidence Grows
In a bid to sustain recent gains in price stability and foreign exchange (FX) market calm, the Central Bank of…
U.S. and EU Strike 15% Tariff Deal, Sidestepping Trade War
In high stakes move that prevented a looming transatlantic trade war, the U.S. and European Union reached a framework deal…
Chinese AI Firms Unite to Build Homegrown Ecosystem Amid U.S. Export Curbs
Chinese artificial intelligence companies have formed two new alliances aimed at creating a robust domestic AI ecosystem, reducing reliance on…
Stocks Rally and Euro Holds Steady Following US-EU Trade Deal Amid Key Global Economic Events
Global markets responded positively on Monday after the United States and the European Union reached a framework trade agreement that…
Fintech Experts Launch Investor‑Link Platform at NFW25
Fintech experts in Nigeria, through the Fintech Association of Nigeria (Fintech NGR), have developed a dedicated platform under the banner…
Fitch Maintains ‘Stable’ Outlook for Kogi and Oyo, Cautions on Heavy Federal Dependence
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of both Kogi and Oyo States at ‘B’ with a…
Bullish Momentum Continues on NGX as MPR Hold and Strong Q2 Earnings Boost Investor Confidence
The Nigerian stock market maintained its upward trajectory last week, fueled by the Central Bank of Nigeria’s (CBN) decision to…
Cashless Surge: Nigerians Push E-Payments to N317.2 Trillion in Q1 2025
Nigeria’s adoption of digital finance continues to surge as electronic payment transactions rose by 24% year-on-year (YoY) to ₦317.2 trillion…
Record N4.2tn FAAC Allocation: Economic Lifeline or Inflationary Time Bomb?
Nigeria’s Federation Account Allocation Committee (FAAC) disbursed a record N1.82 trillion in June, bringing the three-month windfall to N4.2 trillion…
Asian Stocks Slip, Dollar Rises Ahead of Tariff Deadline and Global Central Bank Decisions
Asian stock markets eased on Friday as investors took profits after recent gains, with Japan’s market retreating slightly from record…
Intel’s Chipmaking Future Hinges on Securing Key Customers for Next-Gen 14A Technology
Intel has issued a stark warning to investors: without securing large external customers for its next-generation chip manufacturing process known…
China’s Tech Giants and Startups Showcase AI Innovations Amid U.S. Sanctions
Over 800 tech firms, ranging from industry giants like Huawei and Alibaba to rising startups, are set to gather in…
Nigerian Stock Market Gains N69bn Amid Mixed Investor Sentiment
The Nigerian stock market continued its bullish trend during midweek trading, with a total gain of ₦69 billion in market capitalization.…
SIGA to Revamp Performance Contracts in Line with Ghana’s 24-Hour Economy Drive
The State Interests and Governance Authority (SIGA) has announced plans to revise performance contracts for state-owned enterprises to align with…
World Bank Partners with Nigeria on Landmark 90,000km Fiber Optic Project to Boost Broadband Access
The World Bank has announced a major partnership with the Nigerian government to roll out a nationwide 90,000-kilometer fiber optic…
FCMB, ICCN Call for Sustainable Trade Reforms to Boost Nigeria’s Global Competitiveness
First City Monument Bank (FCMB) and the International Chamber of Commerce Nigeria (ICCN) Banking Commission have jointly advocated for sustainable…
Nigeria’s Trade Slows Amid Rising Costs, Weak Demand
Nigeria’s trade sector experienced a marginal decline in its contribution to GDP in the first quarter of 2025, despite recording…
Ghana Restores Economic Confidence in Under 200 Days – Finance Minister Ato Forson
Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, has declared that the government has successfully restored economic confidence within just…
Nigeria Slips to Fourth in African Startup Funding as South Africa Dominates H1 2025
South Africa emerged as Africa’s leading startup investment hub in the first half of 2025, securing $344 million in venture…
Nigeria Becomes Net Importer of U.S. Crude Amid Dangote Refinery Surge
For the first time in history, Nigeria imported more crude oil from the United States than it exported, reversing the…
Telecom Operators Set to Earn $21 Billion by 2030 from AI Sovereignty Push
Telecom operators around the world are poised to earn over $21 billion in revenue by 2030 through the provision of…
Neuralink Projects $1 Billion Annual Revenue by 2031, Targets 20,000 Brain Implants per Year
Elon Musk’s brain-interface company, Neuralink Corp., is projecting over $1 billion in annual revenue by 2031 through the implantation of…
Trump’s ‘Anti-Woke AI’ Order Sparks Debate on Free Speech, Bias, and the Future of U.S. Tech Policy
President Donald Trump has signed an executive order banning AI technologies deemed “woke” or lacking ideological neutrality from use in…
Nigerian Stock Market Inches Higher as Nestle, 29 Stocks Lift NGX Index by 0.08%
Equities on the Nigerian Exchange Limited (NGX) extended their upward momentum on Wednesday, July 24, 2025, with the All-Share Index…
SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the Commission’s commitment to leveraging cutting-edge technologies…