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Business

Nigerian Telecom Subscribers Switch Networks in Pursuit of Quality Services

Jan 7, 2025 0
Over 60,000 Nigerian telecom subscribers switched networks between October 2023 and October 2024, according to the…
Business

Foreign inflows soar by 63.7% to $3.82bn in 9 months

Jan 7, 2025 0
Nigeria has witnessed a robust 63.7% growth in foreign inflows through international money transfer operators…
Business

NGX lists Nigerian Breweries’ 20.7bn ordinary shares

Jan 7, 2025 0
Nigerian Breweries Plc has officially listed 20.7 billion newly allotted ordinary shares on the Nigerian Exchange…
Business

Mutual Funds Surge to N3.75trn as Start-up Investments Plunge

Jan 7, 2025 0
Nigerian investors have significantly increased their interest in Mutual Funds, with the total Net Asset Value…
Business

Foreign Investors’ Participation in Nigerian Stock Market Declines

Jan 7, 2025 0
Foreign investors' participation in the Nigerian stock market has waned, with outflows surpassing inflows by 12.2%…
Business

Expert forecasts 63% growth in the service sector’s GDP contribution in 2025

Jan 6, 2025 0
Dr. Alban Igwe, a logistics expert and former Vice President of the Chartered Institute of Logistics and…
Business

NGX launches equity-based commodity index, hints on rebalancing

Jan 6, 2025 0
The Nigerian Exchange Limited (NGX) has launched a new Equity-Based Commodity Index aimed at tracking the…
Business

Banks’ Credit to Private Sector Hits N76 Trillion as CBN Tightens Loan-to-Deposit…

Jan 6, 2025 0
In November 2024, credit to the private sector in Nigeria surged by 27.3% year-on-year, reaching N75.96 trillion,…
Business

Germany Launches Online Visa Application Platform for Nigerians and Others

Jan 6, 2025 0
Germany has unveiled a new online visa portal designed to streamline the application process for Nigerians and…
Macroeconomic

CBN Rules Out Further Naira Devaluation in 2025

Jan 6, 2025 0
The Central Bank of Nigeria (CBN) has reassured the public that it will not devalue the naira further in 2025,…
Business

Pension Sector Thrives Amid 2024 Economic Challenges

Jan 6, 2025 0
The Nigerian pension sector demonstrated resilience in 2024, accumulating assets worth N21.9 trillion and…
Business

Rental income still low at 5% – Stakeholders

Jan 6, 2025 0
Rental income in Nigeria remains low, averaging between 3% and 5%, according to Olufemi Seyi, CEO of Casafina…
investment

Microsoft plans to invest $80b in data centres

Jan 6, 2025 0
Microsoft has announced plans to allocate approximately $80 billion in fiscal 2025 to expand its data center…
Business

Stocks Edge Higher Amid Political and Economic Uncertainty

Jan 6, 2025 0
Global stock markets showed mixed signals on Monday as investors faced a week filled with critical economic data…
Business

Foreign transactions on NGX hit N785bn in 11 months –Report

Jan 6, 2025 0
Foreign transactions on the Nigerian Exchange Limited (NGX) reached N785.28 billion in the first 11 months of…
Business

BMI Predicts Monetary Easing in Nigeria as Inflation Drops

Jan 6, 2025 0
BMI, the research arm of Fitch Solutions, anticipates a shift toward monetary easing in Nigeria and other…
Business

Nigerian Equities Begin 2025 with Strong Gains as Investor Optimism Rises

Jan 6, 2025 0
The Nigerian stock market started 2025 on a bullish note, with the All-Share Index (ASI) climbing 1.42% to close…
Business

Investor Concerns Persist Despite Stronger Market Regulations in Nigeria

Jan 6, 2025 0
Despite recent regulatory advancements, including the Investment and Securities Bill (ISB) 2024, investor…
Business

Guinea Insurance Targets N1.75bn Premium Boost with Strategic Vision

Jan 6, 2025 0
Guinea Insurance has announced a projection of N1.75 billion in gross premium written for the first quarter of…
Macroeconomic

Indonesia’s 2024 Budget Deficit Lower Than Expected at 2.3% of GDP

Jan 6, 2025 0
Indonesia's unaudited budget deficit for 2024 stood at 507.8 trillion rupiah ($31.38 billion), or 2.29% of GDP,…
Business

How Edun inspired over $10bn inflows into Nigeria

Jan 6, 2025 0
In 2024, Nigeria witnessed significant economic progress under Finance Minister Wale Edun, who facilitated $9.09…
Business

FCMB Group Plc Announces Successful Completion Of Its Public Offer, Raises ₦147.5…

Dec 30, 2024 0
FCMB Group Plc (“FCMB Group” or the “Group”), a leading financial services group, is pleased to announce the…
Business

CBN’s 2024 Agenda Focused on Combating Inflation and Driving Economic Reforms

Dec 24, 2024 0
In 2024, the Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, implemented bold monetary policies to…
Business

Fed May Cut Rates by Over 50 Basis Points in 2025 Says BCA Research

Dec 24, 2024 0
BCA Research predicts the Federal Reserve will ease interest rates by more than 50 basis points in 2025, exceeding…
Business

CIS urges FG to leverage commodities ecosystem for GDP growth

Dec 24, 2024 0
The Chartered Institute of Stockbrokers (CIS) has urged the Federal Government (FG) to prioritize the development…
Business

Banks’ capital adequacy ratio rose to 14% in Q3 –CBN

Dec 24, 2024 0
The Central Bank of Nigeria (CBN) reported that the banking sector's Capital Adequacy Ratio (CAR) rose to 14.01%…
Business

Exclusive: China plans record $411 billion special treasury bond issuance next…

Dec 24, 2024 0
According to sources familiar with the plan, China is set to issue 3 trillion yuan ($411 billion) in special…
Business

EIU projects improved Eurobond issuance in 2025

Dec 24, 2024 0
The Economist Intelligence Unit (EIU) forecasts a surge in Eurobond issuance across West Africa in 2025, driven by…
Business

AfDB’s SEFA Invests $20m in ARM-Harith, ACV Fund to drive sustainable…

Dec 24, 2024 0
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has committed $20 million to drive…
Business

Market Cap Adds N138bn Amid Demand for 54 Stocks

Dec 24, 2024 0
Ahead of the Christmas celebrations, the Nigerian Exchange Limited (NGX) started the week positively, with the…
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NIGERIA

Business

First Atlantic Bank, SIC Insurance Lead Gains as Ghana Stock Exchange Records Mixed Trading Session

Apr 10, 2026
Business

Fuel Price Hike in Nigeria: TUC Proposes Crude Subsidy for Local Refineries to Ease Costs

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Macroeconomic

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

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