Asia-Pacific Markets Plunge as Oil Surges After Trump’s Iran War Speech
Asia-Pacific markets experienced sharp losses on Thursday, reversing earlier gains, as oil prices surged following a high-stakes address from U.S.…
Day: April 2, 2026
Ghana Reference Rate Drops to 10.06% as Lending Costs Start to Ease
Ghana’s financial landscape is seeing a welcome shift as the Ghana Reference Rate (GRR) falls to 10.06% in April 2026,…
NCC Urges Patience as Telecom Operators Held Accountable for Service Quality
The Nigerian Communications Commission (NCC) has called on Nigeria’s 184 million active telecom subscribers to remain patient as the country’s…
Nigeria’s Economic Growth Slows in March 2026 Amid Rising Costs – CBN PMI Report
Nigeria’s economy maintained its growth streak in March 2026, with the Central Bank of Nigeria (CBN) reporting a composite Purchasing…
NGX Group Hosts African Exchange Leaders with Dangote to Boost Cross-Border Listings
The Nigerian Exchange Group (NGX Group) convened a high-level gathering of chief executives and senior representatives from Africa’s leading capital…
Google and Slum2School Launch “Stories from Our Home” to Preserve Nigerian Folktales
Google has teamed up with Slum2School Africa and top Nigerian creators to bring the magic of local stories to children…
Nigeria Eyes Global Markets to Boost Trade Amid Structural Challenges
The federal government is accelerating its push toward an export-driven economic model, with Finance and Coordinating Minister Wale Edun emphasizing…
Banking Stocks Propel Nigerian Market to N599 Billion Gain as Q2 2026 Kicks Off
The Nigerian stock market opened the second quarter of 2026 on a high note, recording a significant N599 billion gain…
Nigerian States Return to Borrowing Despite FAAC Windfall: Debt Hits N4 Trillion
Nigerian states are returning to heavy borrowing even as allocations from the Federation Account Allocation Committee (FAAC) have soared by…
Nigeria Launches 950,000-Barrel Export of New Cawthorne Crude, Boosting Energy Security
The Nigerian National Petroleum Company Limited (NNPC) has successfully exported 950,000 barrels of the newly developed Cawthorne blend crude, marking…
Tinubu’s Naira-for-Crude Policy Ensures Fuel Supply Stability Amid Global Energy Crisis
President Bola Tinubu’s Naira-for-Crude initiative has helped Nigeria maintain a stable supply of petroleum products, even as countries worldwide face…
Nigeria’s Oil and Gas Reserves Reach 37 Billion Barrels and 215 TCF in 2026, NUPRC Confirms
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially confirmed the country’s total petroleum reserves at 37.01 billion barrels of…
CBN Bank Recapitalization Set to Boost SMEs and Strengthen Nigeria’s Financial Sector
The Central Bank of Nigeria (CBN) has confirmed that 33 banks successfully met the revised minimum capital requirements under its…
Hot Money Inflows Drive Nigeria’s $23B Capital Surge, But Analysts Warn of Volatility
Nigeria’s capital importation surged to $6.44 billion in the fourth quarter of 2025, pushing total inflows for the year to…
Oil Prices Surge Over 5% as Trump Warns US Will Hit Iran “Extremely Hard”
Oil prices jumped sharply on Thursday, climbing more than 5% after U.S. President Donald Trump signalled that the United States…
Bank Plans GSE Listing as BoG Considers Recapitalisation Deadline Extension
The Bank of Ghana (BoG) has revealed that one of the two banks yet to meet the minimum capital requirement…
MTN Ghana Gains as Banking Stocks Drag GSE Lower in Quarter-End Trading
The Ghana Stock Exchange (GSE) ended the first quarter of 2026 on a weaker note, as losses in banking stocks…
World Bank Approves $500 Million Loan to Boost Nigeria’s Agriculture Sector
Nigeria’s agriculture sector is set for a major boost following the World Bank’s approval of a $500 million credit facility…
Naira Strengthens as Remittance Reforms Boost FX Liquidity Despite Falling Reserves
Nigeria’s currency, the naira, started April 2026 on a positive note, posting gains across key foreign exchange markets as improved…
Oil Prices Surge Over 6% as Trump’s Iran War Threat Escalates Market Fears
Oil prices jumped sharply on Wednesday, with global benchmark Brent crude rising more than 6%, after U.S. President Donald Trump…