Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross Domestic Product…
Year: 2025
Microsoft’s Incomplete Patch Leaves SharePoint Vulnerability Open to Global Espionage Attacks
A critical vulnerability in Microsoft’s SharePoint server software has exposed thousands of organizations to a wave of cyberattacks, after a…
European Corporate Earnings to Dip in Q2 as Tariff Tensions Mount
European corporate earnings are expected to decline slightly in the second quarter of 2025, according to the latest forecasts, amid…
White House Unveils Aggressive AI Export Push and Regulatory Rollback Under Trump Administration
The White House is set to release a new artificial intelligence (AI) policy aimed at expanding the global influence of…
NGX Set to Break Turnover Records in 2025 as Foreign Investment and Retail Participation Surge
The Nigerian Exchange (NGX) is on track for a record-breaking year in 2025, with a turnover of ₦694 billion posted…
Critical Microsoft SharePoint Flaw Triggers Global Cybersecurity Alert
A critical vulnerability in Microsoft SharePoint server software is raising alarms across the global cybersecurity community. The flaw, which affects…
Dangote Accuses Global Oil Traders of Sabotaging Africa’s Refinery Growth
Aliko Dangote, Africa’s richest man and President of Dangote Industries, has raised alarm over what he describes as deliberate sabotage…
Ghana Cedi at 60: Citizens Express Doubts Despite 2025 Gains
Marking its 60th anniversary in 2025, the Ghana Cedi stands as a symbol of Ghana’s economic independence since replacing the…
Nigeria Targets $1 Trillion Economy by 2030 Through “Nigeria First” Policy and Investment Drive
The Federal Government of Nigeria has reaffirmed its commitment to achieving a $1 trillion economy by 2030 through a comprehensive…
China Breaks Ground on World’s Largest Dam in Tibet, Raising Alarms in India and Bangladesh
China has officially started construction on what will become the world’s largest hydropower dam, the Motuo Hydropower Station, located on…
72% of U.S. Teens Have Tried AI Companions, Study Reveals Shift in Digital Social Habits
A new study from Common Sense Media, conducted with NORC at the University of Chicago, reveals that 72% of U.S.…
Naira Slips to ₦1,532.34/$ Despite CBN Efforts Amid FX Market Volatility
The Nigerian naira closed the week of July 21st, 2025, weaker against the US dollar, depreciating by 0.14% to ₦1,532.34/$…
Market Boom Masks 40% Stock Crash: Six Nigerian Firms Buck N20 Trillion Rally
Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have bucked the trend,…
11 Nigerian Banks Breach Non-Performing Loan Limit Amid Credit Quality Concerns
Rising NPLs Spark Concern in Nigeria’s Banking SectorAt least eleven commercial banks in Nigeria exceeded the regulatory threshold for non-performing…
Tariff hike: US rules out hasty trade deals
The United States has made it clear that it will not rush into finalizing trade agreements ahead of the looming…
Nigerian Stocks Edge Up 0.18% Amid Mixed Sectoral Performance and Cautious Trading
The Nigerian Exchange Limited (NGX) began the week on a modestly positive note, as the All-Share Index (ASI) rose by…
Nigeria’s Rebased GDP Hits ₦372.82 Trillion Amid Worsening Poverty, Public Discontent
Economic Growth Through RebasingThe National Bureau of Statistics (NBS) has rebased Nigeria’s Gross Domestic Product (GDP), shifting the base year…
High Interest Rates Now Nigeria’s Top Business Concern — CBN Survey Finds
According to the Central Bank of Nigeria’s (CBN) June 2025 Business Expectations Survey, high interest rates have become the most…
Stakeholders Advocate AI Adoption to Revolutionize Autism Education in Nigeria
At the 15th Annual Autism Conference organized by Guaranty Trust Holding Company Plc in Lagos, stakeholders emphasized the need to…
US Imports $1.34 Billion Nigerian Crude Despite Tariffs, but Trade Surplus Turns Negative
Despite a wave of protectionist trade measures from the U.S., Nigeria remained America’s top African crude oil supplier between January…
Foremost Capital Surpasses ₦60 Billion AUM in Six Months, Eyes Ethical Investment Expansion
Foremost Capital Limited, a newly established and SEC-licensed asset management company, has achieved a remarkable milestone by exceeding ₦60 billion…
Nigerian Stock Market Hits 2025 High as Heavyweight Stocks Propel All-Share Index Beyond 130,000 Points
The Nigerian stock market capped off its strongest week of 2025 as the NGX All-Share Index surged by 5,436.07 points…
Analysts Project 30% NGX Growth in H2 2025 on Banking Reforms and Investor Optimism
Analysts at Cowry Asset Management have forecast a 30 per cent surge in the Nigerian stock market for the second…
Analysts Warn of Inflation Resurgence Despite 3-Month Decline
Nigeria’s headline inflation has eased for the third consecutive month, declining to 22.22% in June 2025 from 22.97% in May.…
Telcos Resume SIM Swap Services After NIMC Platform Disruption — MTN, Airtel Confirm Full Restoration
Telecommunications companies in Nigeria have resumed SIM swap services after a disruption that left millions of subscribers unable to access…
Microsoft SharePoint Vulnerability Exposes 10,000+ Global Organizations to Cyberattacks
A critical vulnerability in Microsoft’s SharePoint server software has triggered global cybersecurity alarms, exposing thousands of organizations to potential system…
Crypto Stocks Surge as Trump Signs Stablecoin Regulation Law — Ethereum, Solana Lead Market Rally
Shares of crypto-linked companies surged on Monday following President Donald Trump’s signing of the GENIUS Act, a landmark bill that…
Yen Holds Steady as Japan Navigates Political Shake-Up, Global Markets Eye Trade Tensions and Tech Earnings
Japan’s financial markets showed only mild reactions following a political shift in the country’s upper house elections. Despite the ruling…
Nigeria’s FX Reserves Climb $422m as CBN Boosts Market Intervention and Investor Confidence
Nigeria’s foreign exchange (FX) reserves grew by $422.16 million last week, bringing the total to $37.85 billion as of July…
Nigerian Mutual Funds Surge by ₦1.99 Trillion in H1 2025, Driven by Money Market Investments
In the first half of 2025, Nigeria’s mutual fund industry experienced impressive growth, recording a net inflow of ₦1.99 trillion.…