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Business

Nigeria’s Petrol Supply Drops to 1.48 Billion Litres in June 2025 – NMDPRA Report

Aug 13, 2025 0
Nigeria’s consumption of Premium Motor Spirit (PMS), commonly known as petrol, fell sharply in June 2025,…
Agriculture

Ghana Launches “RedGold” Policy to Cut $2 Billion Palm Oil Imports, Boost Local…

Aug 13, 2025 0
Ghana is taking a major step to reduce its $2 billion annual palm oil import bill with the introduction of a new…
Local

High Interest Rates Bite Nigerian Corporates: Paying More to Borrow Less in 2025

Aug 13, 2025 0
Nigeria’s largest listed companies are facing a costly paradox: they are paying sharply higher interest on loans…
Business

Nigeria’s Fuel Import Dependence Hits 69% in June as Local Refinery Output Remains…

Aug 13, 2025 0
Nigeria’s reliance on imported fuel surged to 69% in June 2025, according to the latest report from the Nigerian…
International

U.S. Inflation Slows in July as Markets Rally and Fed Rate Cuts Loom

Aug 13, 2025 0
U.S. consumer prices rose less than expected in July, easing fears of a sharp inflation spike from recent tariff…
Business

Nigeria’s Inflation Projected to Ease to 21.34% in July as Harvest Season Boosts…

Aug 13, 2025 0
Nigeria’s inflation rate is expected to ease further in July, driven by the start of the harvest season and stable…
Business

Global Investors Shift Billions to Europe and Emerging Markets Amid U.S. Economic…

Aug 13, 2025 0
Global ex-U.S. equity funds recorded their largest inflows in more than four-and-a-half years in July, as…
International

Global Stocks Hit Record High as Soft Inflation Fuels Fed Rate Cut Hopes

Aug 13, 2025 0
Global equity markets surged to record levels on Wednesday, buoyed by softer-than-expected U.S. inflation data and…
Business

Public-Private Partnerships Vital to Expanding Nigeria’s Non-Interest Finance…

Aug 13, 2025 0
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stressed that stronger…
Business

NCC Tightens Governance Rules as Nigeria’s Telecom Industry Targets $22.82bn…

Aug 13, 2025 0
The Nigerian Communications Commission (NCC) has rolled out its 2025 Guidelines on Corporate Governance,…
Business

Insurance, Industrial Stocks Lift NGX by 0.12% Amid Banking Sector Profit-Taking

Aug 13, 2025 0
The Nigerian stock market closed in positive territory on Tuesday, August 12, 2025, as gains in insurance and…
Business

Nigeria Foreign Exchange Reserves Rise 9.4% to $40.29bn in August 2025 — Strongest…

Aug 13, 2025 0
Nigeria’s foreign exchange reserves have climbed to their highest level since January, reaching $40.29 billion as…
Business

Dangote Refinery Cuts Petrol Price to N820, Deploys 4,000 CNG Trucks Nationwide

Aug 13, 2025 0
The Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as…
Technology

AfDB Backs AI Training to Fast-Track Agenda 2063 Implementation Across Africa

Aug 13, 2025 0
The African Development Bank (AfDB) has thrown its weight behind a new artificial intelligence (AI) training…
International

Africa’s Digital Workforce to Reach 230 Million by 2030, Driven by AI Adoption —…

Aug 13, 2025 0
Africa’s digital workforce is projected to grow to 230 million by 2030, fueled by the rapid adoption of artificial…
Business

Nigerian Equities Market Extends Bullish Run, Gains ₦111bn Amid Strong Investor…

Aug 13, 2025 0
The Nigerian stock market continued its bullish momentum on Tuesday, adding ₦111 billion to investors’ wealth as…
Agriculture

Ghana Agriculture Funding 2025: GHS 2.9 Billion Investment to Boost Food Security…

Aug 13, 2025 0
Ghana’s agriculture sector is poised for a major uplift in 2025 following a joint commitment of GHS 2.9 billion…
Business

IFC Partners with FCMB to Empower Nigerian Women Entrepreneurs

Aug 12, 2025 0
First City Monument Bank Ltd. (FCMB) has partnered with the International Finance Corporation (IFC) to roll out…
Business

Insurance Penetration in Ghana Stalls at 1% Despite Growth in Insurance Density

Aug 12, 2025 0
Insurance penetration in Ghana remained stagnant at 1.0% in 2024, matching the level recorded in 2023, according…
Business

FG Disburses N5.12 Billion Pension Arrears to 90,689 DBS Pensioners as Part of…

Aug 12, 2025 0
The Federal Government of Nigeria has disbursed N5.12 billion in pension arrears to 90,689 beneficiaries under the…
Business

Nigeria’s Non-Oil Exports Surge Nearly 20% in H1 2025 Driven by Cocoa and Urea…

Aug 12, 2025 0
Nigeria’s non-oil exports rose by 19.6% to $3.225 billion in the first half of 2025, compared to $2.7 billion…
investment

Pension fund investment in real estate balloons by 418% to N77.8bn

Aug 12, 2025 0
Pension fund investments in Real Estate Investment Trusts (REITs) surged dramatically by 417.8% to N77.8 billion…
Business

Nigeria Earns N5.21tn from Oil Sales in H1 2025, Faces Revenue Target Pressure…

Aug 12, 2025 0
The Federal Government of Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…
Business

Marketers Rush to Secure Direct Deals as Dangote Refinery Launches August 15 Fuel…

Aug 12, 2025 0
Petroleum marketers across Nigeria are intensifying negotiations with Dangote Petroleum Refinery Ltd. ahead of its…
International

Yuan weakens to 7.1405 against the dollar

Aug 12, 2025 0
The Chinese yuan weakened to 7.1405 against the US dollar on Monday, marking a 23-pip drop from the previous…
Macroeconomic

Nigeria’s High-Yield Market Lures Record Foreign Portfolio Inflows, but FDI…

Aug 12, 2025 0
The National Bureau of Statistics (NBS) has reported that Nigeria attracted $5.64 billion in capital inflows in Q1…
International

US, China Extend Tariff Truce by 90 Days, Avoiding Massive Duty Hikes

Aug 12, 2025 0
The United States and China have agreed to extend their tariff truce for another 90 days, averting a steep…
Business

Ghana’s Financial Sector Assets Surge to GH₵525bn in 2024 Despite Lower GDP Share

Aug 12, 2025 0
Ghana’s financial sector recorded substantial growth in 2024, with total assets climbing by 34.6% to GH₵525.59…
Business

Elon Musk’s xAI Plans Legal Action Against Apple Over Alleged App Store Antitrust…

Aug 12, 2025 0
Elon Musk announced on Monday that his artificial intelligence startup, xAI, will take legal action against Apple,…
Macroeconomic

CFG Advisory Urges CBN to Cut Rates, Target Inflation, and Drive Growth Amid High…

Aug 12, 2025 0
CFG Advisory has called on the Central Bank of Nigeria (CBN) to reduce its benchmark interest rate and immediately…
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NIGERIA

Business

Afreximbank Leads $4 Billion Funding Boost for Dangote Refinery

Apr 1, 2026
Economy

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Finance

Africa Loses $88 Billion Annually to Illicit Financial Flows – Edun Highlights Urgent Need for Fiscal Reforms

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World

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