Technology Startups tap eSIM boom to disrupt telcos Sep 2, 2025 0 Nigeria’s telecom sector is witnessing a new wave of disruption as technology startups in the eSIM space emerge to!-->…
Business European Stocks Hold Steady as Chinese Tech Rally Boosts Market Sentiment Sep 2, 2025 0 European equities opened the week on a steady note as gains in Chinese technology stocks helped balance pressure!-->…
Business NGX Opens September with ₦363bn Loss as Market Indices Decline Sep 2, 2025 0 The Nigerian Exchange (NGX) began September on a bearish note, with investors losing a total of ₦363 billion in!-->…
Macroeconomic Forex Market: Chinese Traders Accepting Naira for Yuan as Currency Swap Boosts… Sep 2, 2025 0 Nigeria’s foreign exchange market is witnessing new dynamics as Chinese traders increasingly accept naira for yuan!-->…
Business CBN’s $2 Billion FX Forwards Audit: Winners, Losers, and the Future of Nigeria’s… Sep 2, 2025 0 The Central Bank of Nigeria (CBN) has concluded a forensic audit into disputed foreign exchange (FX) forward!-->…
Business Amid Excess Liquidity in Financial Sector, Banks’ Borrowing from CBN Slumps 28.2%… Sep 1, 2025 0 Amid excess liquidity in the financial sector, banks’ borrowing from the Central Bank of Nigeria (CBN) dropped by!-->…
Business Naira Holds Steady in Black Market as U.S. Dollar Weakens Amid Global Uncertainty Sep 1, 2025 0 The Nigerian naira remained stable in the black market, trading just below the N1.550/$ range in the first session!-->…
Energy Nigeria’s Gas Flaring Drops to 7.16% in July 2025 as Gas Production Hits 7.59… Sep 1, 2025 0 Nigeria recorded a significant energy milestone in July 2025 as gas flaring fell to 7.16%, even as daily gas!-->…
Business Dangote Refinery Sources Ghana Crude Amid Production Questions, RFCC Unit… Sep 1, 2025 0 Nigeria’s Dangote Refinery has, for the first time, imported crude oil from Ghana, signaling a shift toward!-->…
International Lenovo ‘Project Pivo’ Rotating Laptop, Legion Go 2, and AI Tablets Leak Ahead of… Sep 1, 2025 0 Lenovo is set to make waves at IFA 2025 with a mix of innovative devices, following new leaks from renowned tech!-->…
Business Meta’s $14.3B Scale AI Partnership Shows Early Strains Amid Talent Departures and… Sep 1, 2025 0 Meta’s multi-billion-dollar partnership with data-labeling startup Scale AI, launched in June with a $14.3 billion!-->…
Local Nigeria’s 70% Broadband Target at Risk as NCC Reports Consecutive Decline in July Sep 1, 2025 0 Broadband penetration in Nigeria fell to 48.01% in July 2025, marking the second consecutive monthly decline,!-->…
Local Nigeria Must Achieve 8% GDP Growth to Hit $1 Trillion Economy by 2030 — Minister… Sep 1, 2025 0 Nigeria must raise its Gross Domestic Product (GDP) growth from the current 3 percent to around 8 percent to!-->…
Macroeconomic Asia Markets Mixed as China PMI Data, India Ties, and U.S. Tariff Ruling Shape… Sep 1, 2025 0 Asian stock markets closed mixed on Monday as investors weighed fresh economic data out of China, developments in!-->…
International OpenAI Eyes India for 1 Gigawatt Data Center to Power AI Expansion Sep 1, 2025 0 OpenAI, the creator of ChatGPT and a major player in the global artificial intelligence industry, is reportedly!-->…
Business India’s Strong GDP Growth Overshadowed by Weak Corporate Earnings and Market… Sep 1, 2025 0 India’s economy recorded robust growth of 7.8% in the April–June quarter of 2025, outpacing global peers. Yet, the!-->…
Business FX Stability, Capital Inflows Push Nigerian Stock Market to N26trn Gain in 8… Sep 1, 2025 0 Nigeria’s stock market recorded a remarkable growth of N26.01 trillion in market capitalisation within the first!-->…
Macroeconomic Nigeria’s New Debt Strategy Sparks Sustainability Concerns as $1 Trillion Economy… Sep 1, 2025 0 Nigeria’s revised Medium-Term Debt Management Strategy (MTDS) for 2024–2027 has stirred debate over the country’s!-->…
International Dollar Slips as Fed Rate Cut Bets Rise; Trump-Putin Summit in Focus Sep 1, 2025 0 The U.S. dollar weakened on Friday, reversing gains from earlier in the week, as traders grew more confident that!-->…
International Xi Jinping Pushes AI Cooperation, Rejects ‘Cold War Mentality’ at SCO Summit in… Sep 1, 2025 0 Chinese President Xi Jinping has called on members of the Shanghai Cooperation Organization (SCO) to deepen!-->…
Business Union Bank completes merger with Titan Trust Bank Sep 1, 2025 0 Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited,!-->…
Business Naira Strengthens to ₦1,531.57/$ as CBN Interventions and Rising Reserves Bolster… Sep 1, 2025 0 The Nigerian naira appreciated to ₦1,531.57 per dollar on Friday, marking a 0.23% gain week-on-week in the!-->…
Business NGX Revenue Jumps to N24bn on Bank Recapitalisation and New Listings Sep 1, 2025 0 The Nigerian Exchange Group Plc (NGXGROUP) reported a significant revenue growth to N24 billion in the 2024!-->…
Business Ghana Treasury Bills Undersubscribed by 50% as Yields Decline Across All Tenors Sep 1, 2025 0 Treasury bill auctions in Ghana continue to struggle with weak investor demand, as the latest primary market!-->…
Business Clearing Agents Urge Customs to Extend Deadline on 905 Overtime Cargoes in Lagos… Sep 1, 2025 0 Licensed clearing agents have appealed to the Nigeria Customs Service (NCS) to extend its two-week ultimatum for!-->…
Business Nigeria’s Internet Data Usage Hits Record High Despite Falling Subscriptions Sep 1, 2025 0 Nigeria’s internet usage has reached a record peak even as millions of subscribers abandon telecom networks due to!-->…
Business Nigerian Bank Customers Decry Failed USSD Transactions, Hidden Charges, and Demand… Sep 1, 2025 0 Bank customers across Nigeria are raising concerns over rising cases of failed transactions and unexplained!-->…
Business Nigeria and Brazil Central Banks Forge Stronger Financial Cooperation to Boost… Sep 1, 2025 0 The Central Bank of Nigeria (CBN) and the Banco Central do Brasil have pledged to deepen financial and economic!-->…
Local Nigeria’s Digitized Public Services Could Unlock $110bn Annual Economic Gain —… Aug 29, 2025 0 Nigeria’s telecommunications stakeholders have projected that fully digitized public services could generate more!-->…
Business Non-Oil Sector Drives Nigeria’s Tax Revenue to N17.4trn in Seven Months, Hits… Aug 29, 2025 0 Nigeria’s diversification efforts are yielding results as the non-oil sector powered tax revenues to N17.4!-->…