Lagos government sanctions 21 money lending firms for violations
The Lagos State government has penalized 21 money lending companies for breaching various regulatory guidelines. This was disclosed by the…
Year: 2025
Nigerian Breweries Appoints Emmanuel Oriakhi as Sales Director to Lead Growth and Innovation
Nigerian Breweries Plc has officially appointed Emmanuel Oriakhi as its new sales director, effective March 24, 2025. This announcement was…
Global Markets Waver Amid U.S. Fiscal Concerns and Geopolitical Tensions
Global stock markets remained subdued while the U.S. dollar slipped on Wednesday as investors grew increasingly uneasy over mounting fiscal…
BoG’s MPC Convenes 124th Meeting Amid Cedi Stability and Inflation Watch_Ghana
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has commenced its 124th meeting to evaluate the country’s…
Naira Strengthens Amid FX Reforms as CBN Marks Monetary Policy Milestone
The naira showed modest gains in both the official and parallel foreign exchange markets on Tuesday, appreciating to N1,625/$1 in…
Nigerian Tech Startups Defy Economic Storms to Post Seven-Fold Growth
Despite facing one of the toughest economic periods in recent Nigerian history, seven tech companies have recorded a remarkable 621.53%…
UK Inflation Surges to 3.5% in April, Disrupting Interest Rate Cut Expectations
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022. The…
“U.S. Economic Woes Rattle Consumers, But Nestlé Gains Ground, CEO Says”
Nestlé CEO Laurent Freixe has acknowledged that American consumers are feeling the strain of an economic slowdown, a situation intensified…
Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum
President John Dramani Mahama opened the 3rd Ghana-EU Business Forum in Accra with a strong call to action for donors,…
Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract Investment
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that recent monetary reforms have made the…
Nigerians Spend ₦5.3 Trillion on Telecom Services in 2023
In 2023, Nigerians spent an estimated ₦5.3 trillion on telecommunications services, covering voice calls, data usage, SMS, and other related…
Google Unveils Bold AI Vision with Smart Glasses, AI Mode, and Premium Plans at I/O 2025
At its annual I/O conference in Mountain View, California, Google introduced major advancements in artificial intelligence, including a new “AI…
UK-EU Post-Brexit Reset Shakes Markets: Gilt Yields Surge, Sterling Rallies
The United Kingdom and the European Union have reached a landmark agreement to reset their post-Brexit relationship, prompting a swift…
MPC Holds Interest Rate at 27.5% as CBN Seeks Fiscal Support for Naira Stability
The Central Bank of Nigeria (CBN), at its 300th Monetary Policy Committee (MPC) meeting, opted to retain the benchmark interest…
Resilient Revenue: Seplat, MTN, and 19 Other Firms Generate N6.4 Trillion in Q1 2025 Despite Economic Turmoil
Despite ongoing economic headwinds in Nigeria, 21 major companies listed on the Nigerian Exchange (NGX) – including Seplat Energy Plc…
Lagos Partners with Marketing Analytics Africa to Host Landmark 2025 AMTEC Conference
Lagos State has announced a strategic partnership with Marketing Analytics Africa (MAA) to host the 2025 African Marketing Technology &…
Nigeria Risks Losing $11bn Annually Over Digital Skills Gap, Experts Warn
Nigeria could forfeit an estimated $11 billion annually in potential economic growth due to a widening digital skills gap, according…
Nigerian Stocks Edge Up as MPC Maintains Policy Rates
Nigeria’s equities market posted a slight gain of 0.03% on Tuesday, equivalent to a N20 billion increase in market capitalization.…
BudgIT Uncovers N6.93 Trillion Worth of Questionable Projects in 2025 Budget
BudgIT, a civic technology organization advocating for transparency in public finance, has uncovered that the National Assembly inserted 11,122 projects…
Japan’s Super-Long Bond Yields Hit Record Highs Amid Fears Over Weak Demand and BOJ Policy Shift
Yields on Japan’s super-long government bonds surged to historic highs on Tuesday, fueled by investor concerns over weak demand following…
CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today amid high anticipation from economists and investors, as…
Dangote Refinery Vows to Keep Petrol Prices Stable Amid Global Oil Volatility
Dangote Petroleum Refinery has reiterated its commitment to reducing and stabilizing petrol prices in Nigeria, despite ongoing fluctuations in global…
Nigeria’s Digital Economy Surges with $191m FDI and $2bn Fibre Optic Rollout
Nigeria’s digital economy is experiencing unprecedented growth under President Bola Ahmed Tinubu, attracting $191 million in foreign direct investment (FDI)…
Youth Innovators Call for Digital Inclusion to Bridge Development Gap
At the recent Global Accessibility Awareness Day (GAAD) event in Abuja, young innovators advocated for improved digital connectivity as a…
Wale Edun: Capital Market Crucial to Nigeria’s $1 Trillion Economy Vision by 2030
The Nigerian government has underscored the vital role of the capital market in achieving its ambitious goal of a $1…
Cautious Optimism in Ghana’s Bond Market as Secondary Trading Rises
Ghana’s bond market witnessed a notable surge in secondary trading activity last week, with the total value of trades increasing…
Ghana Cedi’s Strong Recovery Marks Economic Turnaround – Ato Forson
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has highlighted the recent appreciation of the Ghana cedi as a key sign…
CBN Reassures Nigerians of Banking Sector Stability Amid False Reports
The Central Bank of Nigeria (CBN) has moved to calm public fears about the safety of the country’s banking sector,…
MTN Sues 20 Banks to Recover N6bn Interconnect Debt from SleekChip Technologies
MTN Nigeria has taken legal action against over 20 banks in an attempt to recover a debt of approximately N6…
Intel Considers Sale of Networking and Edge Business to Refocus Core Strategy
Intel is reportedly exploring the sale of its networking and edge (NEX) business as part of a broader strategic shift…