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Business

Net Forex inflow rises 70% to $42 bn

Dec 24, 2024 0
Nigeria’s net foreign exchange inflows surged by 70.5% year-on-year (YoY) to $42.06 billion in the first nine…
International

UK Economy Stagnates in Q3 as Challenges Mount for Starmer Government

Dec 23, 2024 0
Britain's economy recorded zero growth in the third quarter of 2024, according to revised figures from the Office…
Business

Wall Street Opens Higher as Investors Welcome US Inflation Data

Dec 23, 2024 0
U.S. stock futures pointed to a positive start on Wall Street after last week’s U.S. inflation data fueled…
Business

Stakeholders leverage AfCFTA, fintech listings for capital market growth

Dec 23, 2024 0
Nigeria’s capital market has been identified as a critical driver for achieving the government’s $1 trillion…
Business

The equities market gains N1trn as ASI crosses 100,000-point mark

Dec 23, 2024 0
The Nigerian equities market reached a significant milestone last week as the NGX All-Share Index (ASI) crossed…
Business

Innovation Crucial for Addressing Nigeria’s Energy Challenges

Dec 23, 2024 0
Manufacturers in Nigeria's electrical and electronics sector have been urged to leverage innovation to address the…
Business

Market Outlook for 2025 Amid Trump Return and Federal Reserve Decisions

Dec 23, 2024 0
As President-elect Donald Trump prepares to return to the White House, U.S. investors anticipating significant…
Business

Markets in 2024: Wall Street’s high-octane rally keeps investors captive to…

Dec 23, 2024 0
In 2024, global markets have experienced a surprising surge, with world stocks on track for their second…
Business

Festivity and Energy Costs Expected to Drive Inflation Surge in December

Dec 23, 2024 0
Analysts predict that Nigeria's headline inflation will rise to 34.91% year-on-year in December due to seasonal…
Business

Investors Gain Over N1 Trillion in Five Days as Nigerian Stock Market Surges

Dec 23, 2024 0
The Nigerian stock market witnessed a remarkable rally, with the All Share Index (ASI) recording a 35.2%…
Banking

Net forex inflow fell to $14bn in Q3 – CBN

Dec 23, 2024 0
The Central Bank of Nigeria (CBN) reported a 2.97% decline in net foreign exchange inflow in Q3 2024, totaling…
Finance

Brace! Risks stack up for the global economy in 2025

Dec 23, 2024 0
The global economy, having weathered the challenges of inflation and post-pandemic recovery in 2024, faces…
Agriculture

FG Restate Commitment to Digitisation of Livestock Sector

Dec 23, 2024 0
The federal government has reaffirmed its commitment to leveraging innovative technology for sustainable…
Banking

Macro Economic Challenges Thrust 12 Banks’ Operating Expenses to N5.18tn

Dec 23, 2024 0
Twelve Nigerian banks listed on the Nigerian Exchange Limited (NGX) reported a combined operating expense of N5.18…
Business

PenCom, finance ministry working to pay retirees – DG

Dec 23, 2024 0
The National Pension Commission (PenCom) is partnering with the Ministry of Finance to address delays in retirees’…
Business

FCMB Group Shareholders Approve N340 Billion Capital Raise

Dec 23, 2024 0
FCMB Group Plc has secured shareholder approval to raise N340 billion in capital to strengthen its banking…
Business

Naira rebound seen in 2025 on higher FX inflows

Dec 23, 2024 0
The naira is expected to recover in 2025, driven by increased foreign exchange inflows, reduced petrol and food…
Business

Zest AI secures $200 million to expand credit tech and pursue acquisitions

Dec 19, 2024 0
Zest AI, a credit underwriting solutions provider, has secured a $200 million growth investment from its long-time…
Business

Rainier Partners Acquires WPAS to Expand Multi-Employer Benefits Administration

Dec 19, 2024 0
Rainier Partners, a Seattle-based private equity firm, has announced its investment in Welfare & Pension…
Business

USTDA and Meridiam Join Forces for African Infrastructure Development

Dec 19, 2024 0
The United States Trade and Development Agency (USTDA) and Paris-based Meridiam SAS have signed a Memorandum of…
Business

SEC Draft Rules Open Pension Funds to Commercial Papers Investment

Dec 19, 2024 0
The Securities and Exchange Commission (SEC) has released draft rules enabling pension funds in Nigeria to resume…
Business

US Stocks Fall as Fed Signals Slower Pace of Rate Cuts

Dec 19, 2024 0
US stock markets experienced significant declines following the Federal Reserve’s decision to cut interest rates…
International

Bank of England Expected to Maintain Interest Rates at 4.75%

Dec 19, 2024 0
The Bank of England is expected to keep its base interest rate steady at 4.75%, following the Monetary Policy…
investment

Capital Economics sees muted Saudi growth into 2025

Dec 19, 2024 0
Capital Economics forecasts subdued economic growth for Saudi Arabia through 2025, attributing it to conservative…
Macroeconomic

Tinubu Unveils 2025 Budget Targeting Inflation and Naira Stability

Dec 19, 2024 0
President Bola Tinubu presented the 2025 Appropriation Bill to the National Assembly, aiming to stabilize the…
Business

MSMEs navigate tough economy, demand state of emergency to tackle issues

Dec 19, 2024 0
Micro, small, and medium enterprises (MSMEs) in Nigeria are facing a tough economic environment marked by rising…
Business

Rupee Hits Record Low at 85/USD as Fed Outlook and Economic Pressures Weigh

Dec 19, 2024 0
The Indian rupee has plunged past the 85 mark against the U.S. dollar for the first time, marking a historic low.…
Business

CBN caps PoS daily withdrawal at N100,000 to boost cashless economy

Dec 19, 2024 0
The Central Bank of Nigeria (CBN) has implemented a daily withdrawal limit of N100,000 for customers using…
Macroeconomic

Dangote to NNPC Ltd: Your statement on $1bn refinery investment inaccurate,…

Dec 19, 2024 0
Dangote Petroleum Refinery has refuted claims made by the Nigerian National Petroleum Company Limited (NNPCL)…
Business

Nigeria’s $42bn Reserves Can Fund Nine Months of Imports Says CBN

Dec 19, 2024 0
Nigeria’s external reserves have grown to $42.01 billion, enabling the country to finance imports for over nine…
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NIGERIA

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

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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

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