SCOA, RTBRISCOE Lead Gainers as Nigerian All-Share Index Falls 0.49%
The Nigerian Exchange (NGX) closed on a bearish note on Thursday, August 28, as the All-Share Index (ASI) slipped by…
Author: Ekemini
NITDA, Google Partner to Boost Cybersecurity and Digital Innovation in Nigeria
The National Information Technology Development Agency (NITDA) has partnered with Google to strengthen Nigeria’s cybersecurity ecosystem and accelerate the country’s…
NESG Urges FG to Drive Economic Growth Through Productivity, Not Inflation Control
The Nigeria Economic Summit Group (NESG) has urged the Federal Government to shift its economic growth strategy from inflation management…
Nigeria’s Diaspora Remittances Surge to $600m Monthly, Says CBN Governor Cardoso
Nigeria’s diaspora remittances have witnessed a sharp surge, hitting $600 million monthly in the past two months, according to the…
Dangote Group Signs $2.5bn Deal to Build Fertiliser Plant in Ethiopia, Holds 60% Stake
Dangote Group has signed a landmark $2.5 billion agreement with Ethiopian Investment Holdings (EIH) to build a world-class urea fertiliser…
Capital Market Leaders Back Tinubu’s Reforms, Urge Firms to List on NGX
Stakeholders in Nigeria’s capital market have thrown their weight behind President Bola Tinubu’s economic reforms and called on more companies…
FG Approves 2026–2030 National Development Plan to Drive Growth, Reforms, and Job Creation
The Federal Government has approved a new Medium-Term National Development Plan (MTNDP) 2026–2030, aimed at consolidating ongoing reforms and accelerating Nigeria’s…
European Stocks Mixed as Investors Await EU and U.S. Inflation Data
European markets are set for a mixed open on Friday as investors brace for fresh inflation data from both the…
MTN Ghana CEO Stephen Blewett Elected Chairperson of Ghana Chamber of Telecommunications
The Ghana Chamber of Telecommunications has announced a major leadership transition, with MTN Ghana CEO Stephen Blewett elected as Chairperson of its…
Ghana to Begin Licensed Timber Exports to EU in October 2025
Ghana has announced that it will officially begin exporting Forest Law Enforcement, Governance and Trade (FLEGT)-licensed timber to the European…
NCC Unveils New Cybersecurity Framework to Safeguard Nigeria’s Telecom Sector by 2026
The Nigerian Communications Commission (NCC) has announced plans to roll out a new cybersecurity framework aimed at strengthening protection across…
Nigerian Banks Face Capital Discipline Tests as CBN’s Forbearance Window Ends in 2025
Nigeria’s banking sector is approaching a critical juncture as the Central Bank of Nigeria (CBN) prepares to end its regulatory…
Nigerian Stock Market Slips to N88.9tn Amid Bearish Trading, Investors Lose N438bn
The Nigerian Exchange closed in the red on Thursday as bearish trading wiped off N438 billion from investors’ wealth, pushing…
Nigeria’s Cheap Stocks in 2025: Hidden Bargains or Value Traps?
Fifteen Nigerian companies across banking, insurance, industrials, and real estate are currently trading below their book value, with an average…
Dangote Signs $2.5 Billion Deal to Build Fertilizer Plant in Ethiopia
Africa’s richest man, Aliko Dangote, has signed a landmark $2.5 billion agreement with the Ethiopian government to build a world-class…
Tariff Hike Forces 2.4 Million Nigerians Off Internet Despite Rising Data Usage
A sharp 50 percent tariff hike on telecom services has triggered a significant decline in Nigeria’s mobile and internet subscriptions,…
NESG Urges FG to Prioritize Economic Stabilization, Productivity, and Job Creation
The Nigerian Economic Summit Group (NESG) has advised the Federal Government to focus on three key priorities to sustain Nigeria’s…
AI giant Nvidia beats earnings expectations but shares fall
US-based chipmaker Nvidia reported stronger-than-expected earnings for its latest quarter, but investor sentiment cooled as concerns grew over slowing sales in China…
Nigeria’s High Interest Rates Drive Surge in Short-Term Corporate Borrowing
Nigerian companies are increasingly turning to short-term debt instruments to navigate soaring borrowing costs fueled by record-high interest rates. Firms…
Naira Rebounds as Nigeria’s Foreign Reserves Hit $41.2 Billion, Boosting Investor Confidence
The naira regained strength on Wednesday after two days of marginal losses, supported by Nigeria’s external reserves crossing the $41…
European Markets Open Higher as Nvidia Earnings Boost Sentiment; Drax Shares Plunge 11% on UK Probe
European stock markets opened higher on Thursday, lifted by strong earnings from U.S. tech giant Nvidia, even as investors weighed…
Experts Call for AI and Technology Adoption to Boost Nigeria’s Economic Diversification
Technology and economic experts have urged Nigeria to accelerate the adoption of Artificial Intelligence (AI) and digital innovation as a…
BREAKING: Access Holdings appoints Innocent Ike as new GMD/CEO as Aig-Imoukhuede consolidates control
Access Holdings Plc has confirmed the appointment of Mr. Innocent Ike as its substantive Group Managing Director and Chief Executive…
Nigeria-Guangxi Trade Surges to $320 Million in 2024, Strengthening China-Nigeria Ties
Nigeria’s trade with China’s Guangxi region climbed to $320 million in 2024, marking a significant 21% growth year-on-year. The development was…
Nigerian Stock Market Dips as Cornerstone, RT Briscoe Lead Losers Amid N324bn Decline
The Nigerian stock market closed on a negative note on Thursday, shedding N324 billion in market capitalization after the benchmark All-Share Index…
Capital Markets Key to Boosting Nigeria–Brazil Trade and Investment, Says NGX Boss
The Nigerian Exchange Group (NGX) has emphasized that capital markets will be instrumental in driving trade and investment between Nigeria…
Nigeria Targets 20% GDP Boost Through AI and Digital Innovation, Says NITDA
The Federal Government of Nigeria has reaffirmed its commitment to leveraging artificial intelligence (AI) and digital innovation as key drivers…
BoG Enforces New Forex Rules: Importers, Exporters Urged to Use Credit Cards for Overseas Transactions
The Importers and Exporters Association of Ghana has urged its members to adopt credit or Visa cards for international transactions…
IMF Urges Governments to Boost Debt Transparency to Lower Borrowing Costs
The International Monetary Fund (IMF) has called on governments worldwide to strengthen debt transparency to restore investor confidence and reduce…
Stock Futures Flat as Investors Await Nvidia Earnings: AI Demand Fuels Market Optimism
Stock futures were little changed on Wednesday as Wall Street awaited Nvidia’s highly anticipated earnings report, a potential turning point…