Real Time Financial News Website
The Federal Government has announced the immediate nationwide rollout of about 100,000 Compressed Natural Gas (CNG) conversion kits to help Nigerians cope with soaring fuel costs, as March spending on…
TECNO Mobile has officially unveiled its latest flagship lineup, the Camon 50 Series, signaling a stronger push into artificial intelligence-driven smartphones for Nigeria’s rapidly growing digital economy. The series, which…
The rapid rise of AI-powered apps has transformed the app store landscape, but a new report shows that early excitement doesn’t always translate to long-term success. RevenueCat’s 2026 State of…
The naira traded at N1,401.4 per dollar on Tuesday at Nigeria’s official foreign exchange (FX) market, marking a continued depreciation. Data from the Nigerian Foreign Exchange Market (NFEM) shows the…
Dangote Petroleum Refinery announced a ₦100 reduction in the ex-depot price of Premium Motor Spirit (PMS) yesterday, aiming to ease fuel costs for marketers and bulk buyers. The gantry price…
Google has officially launched its Gemini AI integration for Chrome in India, alongside Canada and New Zealand. The new rollout allows desktop users to access Gemini directly through a sidebar,…
Nigeria is witnessing a renewed boost to its foreign exchange reserves and naira stability, thanks to surging global oil prices. Brent crude recently crossed $93 per barrel—well above the 2026…
The Securities and Exchange Commission (SEC) has taken a proactive step to regulate Nigeria’s rapidly expanding financial technology sector with the launch of its inaugural Regulator/FinTech Clinic. The event, held…
Nigeria’s robust economic performance is positioning the country to withstand potential shocks from rising tensions in the Middle East. Finance Minister Wale Edun revealed on Tuesday that the nation recorded…
Artificial intelligence-driven fraud is rapidly escalating across Africa’s fintech sector, alarming regulators and industry experts about the sophistication of cybercriminal activity on the continent. According to a recent Ecofin Agency…
Global oil prices fell sharply to around $91 per barrel on Tuesday after soaring to a more than three-year high the previous day, as United States President Donald Trump suggested…
Nigeria’s non-oil exports reached N12.36 trillion in 2025, marking a significant milestone in the country’s effort to diversify its economy beyond crude oil. The latest Foreign Trade in Goods Statistics…
European stock markets are expected to open lower on Wednesday as investors react to rising geopolitical tensions in the Middle East. Market sentiment has been shaken by intensifying military operations…
President Bola Tinubu yesterday welcomed Taiwo Oyedele, the Minister of State for Finance-designate, at the State House, in a clear signal of the administration’s commitment to deepening fiscal and tax…
The Nigerian stock market opened the second week of March with a strong performance, as heavy trading activity lifted total transactions to N31.23 billion on Monday. Investors were buoyed by…
Nigeria’s Naira has returned to the N1,400 mark, reversing the optimism seen just weeks ago when many believed the currency would strengthen below N1,300. Analysts had predicted a surge toward…
OpenAI has officially acquired Promptfoo, a cutting-edge AI security startup founded in 2024, signaling a major step toward safeguarding the next generation of AI agents. The startup’s technology is expected…
The Nigerian stock market kicked off the week on a strong note on Monday, recording a total gain of N147 billion as market capitalization rose to N126.583 trillion. Investors were…
The Securities and Exchange Commission (SEC) has called for stronger participation of women in Nigeria’s capital market, highlighting their vital role in strengthening financial institutions and boosting investor confidence. The…
The Nairobi Securities Exchange (NSE) has announced a significant revision of futures margins following a record surge in derivatives trading. February 2026 saw turnover on the NSE NEXT platform reach…
Kenya’s financial system has hit a historic milestone, with total liquidity surpassing KSh6 trillion for the first time. According to the latest data from the Central Bank of Kenya, broad…
The African Development Bank Group (AfDB) has unveiled a continent-wide financing platform aimed at transforming Africa’s fast-growing air travel market into a sustainable investment opportunity. Known as the Integrated Aviation…
Nigeria’s manufacturing sector has significantly boosted Value Added Tax (VAT) revenue, with payments reaching N875.420 billion in the first nine months of 2025. This figure not only surpasses the N566.011…
Nigeria is preparing to host the fifth edition of the Intra-African Trade Fair (IATF) in Lagos from November 5 to 11, 2027, with an ambitious goal to surpass the $48.3…
Ghana’s economy is showing clear signs of recovery after a challenging period of high inflation and currency instability, the Governor of the Bank of Ghana (BoG), Johnson Pandit Asiama, told…
Ghana has intensified its diamond export controls as part of an international review under the Kimberley Process Certification Scheme, a global framework designed to prevent conflict diamonds from entering the…
Nigeria’s equity market continues to shine as a relative safe haven, extending its gains even as global tensions rise. According to the latest weekly newsletter on African markets, the NGX…
Nigeria’s petroleum market faced renewed uncertainty on Monday after Dangote Petroleum Refinery increased ex-depot prices of petrol and diesel to N1,175 and N1,620 per litre, respectively. The sudden adjustment has…
European markets are expected to open notably higher on Tuesday, as investors respond to falling oil prices and ongoing geopolitical developments in the Middle East. Futures tied to the Stoxx…
The Managing Director and CEO of Dangote Petroleum Refinery, David Bird, has explained why Nigerian fuel prices are unlikely to drop, even as the refinery runs at full capacity. Speaking…