European Stocks Stabilize as Dollar Weakens Further Amid Trade Truce and Inflation…
European stock markets remained steady on May 14, 2025, following a significant rally driven by easing global…
Yearly Archives
2025
Cyber Talent Drain Threatens Nigeria’s Digital Defenses
Nigeria is facing an escalating cybersecurity crisis due to a severe shortage of skilled professionals, just as…
CBN Launches NRBVN Platform to Boost Diaspora Remittances to $1 Billion Monthly
In a significant stride towards deepening financial inclusion, the Central Bank of Nigeria (CBN), in partnership…
Dangote Refinery Cancels June Maintenance After Emergency Repairs, Ends Petrol…
The Dangote Petroleum Refinery has called off its planned June maintenance for its key gasoline unit, after…
Abia State Partners with MTN Nigeria to Drive Digital Transformation and Economic…
The Abia State Government has signed a Memorandum of Understanding (MoU) with MTN Nigeria to advance its digital…
Foreign Portfolio Outflows Surge 251% in Q1 2025 Amid Economic Reforms and Global…
In the first quarter of 2025, foreign portfolio outflows from Nigeria's equities market surged to N420.37 billion,…
World Bank Criticizes Nigeria’s Conditional Cash Transfer Program for Failing to…
The World Bank has criticized Nigeria’s conditional cash transfer program, launched by the Federal Government in…
IMF Warns Surge in AI-Driven Electricity Demand Could Strain Global Economy and…
The International Monetary Fund (IMF) has issued a warning about the rapidly growing electricity demand driven by…
Ghana Opens Doors for Oil Investment as Mahama Encourages Global Investors Amid…
Ghana’s former president, John Dramani Mahama, has urged international investors to consider the country’s oil and…
Tullow Ghana Resumes Gas Supply to Atuabo After FPSO Technical Glitch
Tullow Ghana has officially resumed gas exports to the Atuabo Gas Processing Plant after addressing a technical…
NGX-ASI up 0.46% on renewed bargains
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) recorded a 0.46 percent increase on Tuesday, signaling…
Opera’s MiniPay Expands Access to Digital Dollars with Global App Launch
Opera has officially launched its MiniPay app for digital dollars on both iOS and Android platforms, providing a…
Nigerians, others to be affected as US plans 5% tax on remittances
The United States is considering a new bill that could significantly impact Nigerians and other immigrants sending…
China Lifts Ban on Boeing Deliveries as 90-Day Tariff Truce with U.S. Begins
In a major shift signaling thawing trade relations, China has officially lifted its freeze on accepting Boeing…
CBN’s Tight Monetary Policy May Cut Inflation to 22.1% in 2025 – World Bank
The World Bank has projected that Nigeria's inflation rate could drop to an average of 22.1% in 2025, thanks to…
Nigerian Stock Market Sees 0.4% Dip Amid Profit-Taking, Analysts Forecast Market…
The Nigerian Exchange Limited (NGX) began the week on a negative note, with the All Share Index (ASI) dipping by…
Agriculture Sector Drives Economic Growth in April 2025, Marks 9th Consecutive…
Economic activities in Nigeria experienced consistent growth for the fifth consecutive month in April 2025, with a…
Nigeria’s External Reserves Hit 8-Month Low Amid Foreign Debt Payments and…
Nigeria's external reserves have fallen to their lowest levels in eight months, reaching $37.9 billion by the end…
Global Fund Managers Slash Dollar Exposure Amid U.S.-China Trade Thaw
In May, global fund managers marked their most significant retreat from the U.S. dollar since 2006, according to…
Trump Heads to Gulf With Bold Agenda: Oil, AI, Trade, and Nuclear Talks in Focus
President Donald Trump is heading to the Gulf for a high-stakes diplomatic visit, making stops in Saudi Arabia,…
Nigeria’s Tax Overhaul: Key Reforms Aimed at Economic Growth and Revenue…
In a historic move last week, the Nigerian Senate passed a suite of tax reform bills aimed at revitalizing the…
Apple to Tackle iPhone Battery Life with AI in iOS 19 Update
Apple is preparing to address one of the most common issues iPhone users face—battery life—by integrating…
World Bank Admits Nigeria’s Economic Progress, Says Prices Remain High
Nigeria’s journey toward achieving a $1 trillion economy has received cautious recognition from the World Bank,…
World Bank Flags NNPCL Over Incomplete Fuel Subsidy Remittances
The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL)'s handling of…
Naira Strengthens to ₦1,597.7/$1 at Official Market as CBN Policies Begin to Take…
The Nigerian naira gained strength against the US dollar on Monday, closing at ₦1,597.7/$1 in the official foreign…
African deep tech innovation takes stage at summit
The second edition of the DeepTech Summit (DTS) was successfully held at the University Mohammed VI Polytechnic…
Forex Market Speculators Struggle Amid CBN’s Regulatory Reforms and Strengthened…
The Nigerian foreign exchange (forex) market has been facing a major overhaul as the Central Bank of Nigeria (CBN)…
AI Set to Reshape Nigerian Businesses and Jobs: CEOs Embrace Tech-Driven Growth
The future of work in Nigeria is getting a high-tech upgrade, with artificial intelligence (AI) poised to…
Ghana Cedi Set to Strengthen in 2025, Buoyed by Remittances and Economic Growth –…
The Ghanaian cedi is expected to appreciate against major international currencies in 2025, marking a potential…
Asian Markets Lose Steam as Trade War Truce Fails to Inspire Confidence
Asian stocks faltered and the U.S. dollar weakened on Tuesday, despite initial optimism around a 90-day pause in…