Nigeria’s Financial Markets Show Resilience Amid Global Economic Uncertainty
Nigeria’s economy expanded by 3.13% in Q1 2025, surpassing last year’s 2.27% but falling short of the 4.9%…
Author
13913 posts 0 comments
Ghana Pays GH¢9.7bn DDEP Coupon to Restore Investor Confidence Ahead of Bond…
Ghana’s government has settled GH¢9.7 billion in coupon arrears under the Domestic Debt Exchange Programme (DDEP),…
Dangote Refinery Receives 1,000 CNG Trucks, Fuel Distribution to Begin in…
The Dangote Petroleum Refinery is set to launch its direct fuel distribution scheme in the coming weeks as 1,000…
Nigeria Data Protection Act Enforcement: NDPC Targets Banks, Insurers, and Tech…
The Nigeria Data Protection Commission (NDPC) has launched an aggressive enforcement drive targeting financial…
Dangote Refinery and Petrol Prices: 10 Swings in 10 Months Despite Local Supply
Nigeria’s petrol market has experienced dramatic volatility since the Dangote Refinery began supplying fuel in…
CBN Raises ₦8.99 Trillion via T-Bills in 7 Months as Rates Drop to 15%
The Central Bank of Nigeria (CBN) raised a total of ₦8.99 trillion through Treasury Bills (T-Bills) auctions in…
Nigerian Breweries, International Breweries, Champion Breweries Post N1.09…
Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc collectively recorded an…
FCMB Group Plans Equity Capital Raise to Fund Regional and International Expansion
FCMB Group Plc has announced plans to raise equity capital as part of its strategy to strengthen its capital base…
Nigeria’s GDP to Grow 3.2%-3.9% in Q2 2025 on Rebasing, FX Stability, and Stronger…
Nigeria’s economy is on track to post faster growth in the second quarter of 2025, with analysts projecting real…
European Stocks Open Lower as Orsted Plunges 18% Amid U.S. Project Halt
European markets started the week on a weaker note, with the pan-European Stoxx 600 slipping 0.2% in early trading…
Ghana Misses T-Bill Target for Third Consecutive Week as Yields Climb
Ghana’s Treasury Bill market remained under pressure last week as the government failed to meet its issuance…
CBN Introduces Bank Customers’ Bill of Rights to Strengthen Consumer Protection…
The Central Bank of Nigeria (CBN) has launched the Bank Customers’ Bill of Rights to protect consumers and promote…
Nigeria, Japan Forge Partnership to Boost Mining Investments and Mineral…
Nigeria and Japan have agreed to deepen cooperation in the mining sector as both nations seek to unlock investment…
Nigerian Equities Market Slumps as Investors Lose N2.29 Trillion in One Week
The Nigerian equities market witnessed a sharp downturn last week, as investors lost approximately N2.29 trillion …
Nigeria Targets 2.5 Million Barrels Per Day Oil Output by 2026, Says NUPRC
Nigeria is on track to boost its crude oil output to 2.5 million barrels per day (mbpd) by 2026, according to the…
UK Dominates Nigeria’s Q1 2025 Capital Inflows with ₦5.5 Trillion Investment
The United Kingdom emerged as Nigeria’s leading source of foreign capital in the first quarter of 2025,…
German Economy Shrinks 0.3% in Q2 as U.S. Tariffs Hit Exports, Growth Outlook…
Germany’s economy contracted by 0.3% in the second quarter of 2025, according to revised data from the Federal…
Edun, Cardoso Meet to Align Fiscal and Monetary Policies, Boost Investor…
Nigeria’s Finance Minister Wale Edun and Central Bank Governor Olayemi Cardoso met in Abuja on Wednesday to…
Google Launches AI Mode in Africa: Nigeria, Kenya, and South Africa Lead as Test…
Google has introduced its groundbreaking AI Mode in Search across Nigeria, Kenya, and South Africa,…
NNPCL Posts N185bn Profit Despite Debt Burden, Remits N7.9tr to FAAC
The Nigerian National Petroleum Company Limited (NNPCL) reported a profit after tax of ₦185 billion in July 2025,…
Non-Bank Corporates Drive 24% Surge in Nigeria’s FX Inflows as Dollar Bond Hits…
Nigeria recorded a significant boost in foreign exchange inflows in July 2025, climbing 24% to $1.7 billion,…
Nigerian Stock Market Loses N781bn as Sell-Offs Deepen Bearish Sentiment
The Nigerian stock market extended its losing streak on Thursday, shedding N781 billion in market value…
Ghanaian SMEs Urged to Explore Canada’s Labour Market for Expansion Opportunities
Ghanaian small and medium enterprises (SMEs) are being encouraged to leverage Canada’s labour market as a…
Ghana Pledges Fiscal Stability and Digital Transformation to Boost Private Sector…
Ghana’s government has reaffirmed its commitment to fiscal stability and private sector development as part of…
European Stocks Slip as Investors Weigh EU-U.S. Trade Deal Details and German GDP…
European stocks edged lower on Friday as investors digested fresh details of the trade agreement between the…
OpenAI to Open First India Office in New Delhi, Targets Rapidly Growing AI Market
OpenAI, the creator of ChatGPT and backed by Microsoft, announced plans to establish its first office in India…
Nigeria’s FX Reserves Surge to $41bn in August, Highest Level in Nearly Four Years
Nigeria’s foreign exchange reserves have surged past the $41 billion mark in August, recording their strongest…
Gen Z Traders Embrace AI: 80% Expected to Rely on AI-Powered Trading by 2028 –…
Global cryptocurrency exchange MEXC has predicted that by 2028, more than 80% of Gen Z traders will fully automate…
Technology, analytics to enhance transport systems – Expert
Integrating technology and advanced analytics into transport systems can significantly improve efficiency and road…
FCMB, FMO Launch ₦20 Million AgriTech Investment Programme for Nigerian Startups
First City Monument Bank (FCMB) in partnership with the Dutch Entrepreneurial Development Bank (FMO) has unveiled…