NGX Records Sharp Loss as Investors Shed N1.17tn Amid Renewed Sell Pressure
The Nigerian stock market opened the week on a negative note as renewed sell pressure dragged the All-Share Index…
Author
4807 posts 0 comments
61.5% of Nigerian Households Call for Lower Interest Rates by October 2025, CBN…
A recent survey conducted by the Central Bank of Nigeria (CBN) reveals that a significant majority of Nigerian…
Emadeb E&P Achieves First Oil Production from Ibom Field, Boosting Nigeria’s…
Emadeb Exploration and Production Company Limited has successfully recorded its first oil production from the Ibom…
Amazon Rebrands Satellite Internet as “Leo,” Shifts Focus from Affordability to…
Amazon’s satellite internet initiative, formerly known as Project Kuiper, has officially rebranded as “Leo.” The…
European Markets Edge Higher as Saab Soars 6% on Colombia Jet Deal
European stocks started the week on a cautiously optimistic note Monday, with most major indices trading in…
Champion Breweries Launches N15.9bn Rights Issue to Fund Bullet Brand Acquisition
Champion Breweries Plc has officially launched a N15.9 billion Rights Issue to existing shareholders, marking a…
Danish Fintech Flatpay Becomes a $1.75 Billion Unicorn, Targeting SMB Payment…
Danish fintech startup Flatpay has officially joined the elite club of European fintech unicorns, securing a…
Nigerian Stock Market Ends Week Lower Despite Strong Gains in NCR and Aso Savings…
The Nigerian stock market closed the week ended November 14, 2025, in negative territory, losing 2,511.22 points to…
High Clean-Tech Tariffs Threaten Africa’s Renewable Energy Growth, UNCTAD Warns
Africa’s ambitious shift toward 100% renewable energy is at risk due to high tariffs on clean technologies and…
FCMB Appoints Oluyinka Johnson as Non-Executive Director to Strengthen Board…
First City Monument Bank (FCMB) has officially announced the appointment of Ms. Oluyinka Johnson as a Non-Executive…
Nigeria Suspends 15% Fuel Import Duty: Marketers Applaud, Experts Warn of…
The Federal Government’s decision to suspend the 15% import duty on petrol and diesel has sparked a mix of praise…
Nigeria’s Inflation Expected to Ease Further in October 2025, Analysts Forecast…
Nigeria’s headline inflation is set to fall for the seventh consecutive month in October 2025, with projections…
Trump Buys $82 Million in Bonds Amid Scrutiny Over Investment Portfolio
U.S. President Donald Trump has significantly expanded his investment in bonds, acquiring over $82 million in…
Nigeria’s U.S. Crude Imports Surge 101% in 2025 Amid Local Refinery Shortfalls
Nigeria’s crude oil imports from the United States skyrocketed in the first eight months of 2025, rising 101%…
Nigeria Exits FATF Grey List: Naira Soars as Foreign Reserves Cross $43 Billion
Nigeria’s financial markets have celebrated a major milestone as the country exits the Financial Action Task Force…
SEC and FMBN Partner to Address Nigeria’s Housing Deficit with Non-Interest…
The Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) have launched a…
COPEC Urges Government to Create Petroleum Reserve Fund to Stabilize Fuel Prices-…
The Chamber of Petroleum Consumers, Ghana (COPEC), has appealed to the government to establish a special petroleum…
European Markets Poised for Weak Start as Investors Brace for Economic Uncertainty
European markets look set to begin the new trading week on a downbeat note, with early data pointing to a cautious…
FCMB Group Moves to Expand Share Capital as Capital-Raising Drive Intensifies
FCMB Group Plc has announced plans to seek shareholder approval to increase its share capital, marking another…
Nearly $3bn spent on Eurobond debt servicing under Tinubu
Nigeria has spent almost $3bn servicing Eurobond debt across eight quarters of President Bola Tinubu’s…
Dangote Refinery Denies Viral Claim Linking It to Bike-Based Fuel Delivery Service
The Dangote Petroleum Refinery has refuted a viral video claiming it partnered with a company to distribute petrol…
Ghana’s 2026 Budget Prioritizes Industrialisation as Engine for Economic Growth
Ghana’s 2026 budget has positioned industrialisation at the center of the country’s economic recovery, signalling a…
How Cursor Is Redefining the Playbook for Building a Generational Tech Company
Cursor, the AI coding startup often described as a “decacorn in the making,” is redefining what it means to build a…
Exowatt’s “Rocks in a Box” Could Revolutionize AI Data Center Power
AI data centers consume massive amounts of electricity, driving startups like Exowatt to seek innovative solutions.…
AI Bubble Concerns Grow as Tech CEOs Warn of ‘Vibe Revenue’ and Overheated…
Top technology executives are sounding fresh alarms about AI bubble concerns, noting that valuations in the…
FG Suspends 15% Fuel Import Duty as Government Assures Nigerians of Nationwide…
The Federal Government has suspended the proposed 15 percent ad-valorem import duty on petrol and diesel, a policy…
Nigeria Doubles Crude Supply to Local Refineries, Hits 40,000bpd in 2025 — NMDPRA
Nigeria’s domestic refining capacity received a major boost in 2025, as the Nigerian Midstream and Downstream…
Nigeria’s Private Sector Records 11-Month Expansion as PMI Rises to 55.4
Nigeria’s private sector continued its impressive run of growth in October, marking the 11th straight month of…
Digital Lending Compliance Deadline Set for January 5, 2026 – FCCPC Cracks Down on…
The Federal Competition and Consumer Protection Commission (FCCPC) has announced January 5, 2026, as the official…
FG Cracks Down on Loan Defaulters as Tamrose Fully Repays $10M NCI Fund
Tamrose Limited, an indigenous Nigerian marine logistics and offshore support company, has successfully repaid its…