Flutterwave Cuts Workforce in Kenya and South Africa Amid IPO Preparations
Flutterwave, the African fintech giant, has downsized its operations in Kenya and South Africa by laying off…
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Trump Invites Five African Leaders for Trade Talks, Snubs Nigeria
US President Donald Trump is set to host the presidents of five African nations—Gabon, Guinea-Bissau, Liberia,…
IMF Urges Nigeria to Rework 2025 Budget Amid Oil Price, Inflation Concerns
The International Monetary Fund (IMF) has advised the Nigerian government to revise its proposed 2025 budget of…
OpenAI Denies Partnership with Robinhood Over Stock Token Giveaway
OpenAI has clarified that it has no affiliation with Robinhood’s recent stock token promotion involving its brand.…
Microsoft to Lay Off 4% of Workforce as AI Investments Pressure Margins
Microsoft has announced it will cut nearly 4% of its global workforce, equating to roughly 9,000 jobs, as it looks…
Investors Brace for Volatile Weeks as Global Risk Events Loom
Global investors are preparing for a period of heightened market volatility triggered by a series of unpredictable…
Nigeria Calls for Overhaul of Global Financial System to Support Developing…
At the 4th International Conference on Financing for Development (FFD4) held in Sevilla, Spain, Nigeria’s Minister…
Nigerian Stock Market Surges by N379bn Amid Renewed Investor Optimism
The Nigerian stock market recorded a significant rebound on Tuesday, gaining N379 billion in market…
Nigeria’s ISP Market Shrinks as Economic Crunch Drives Consumers to Mobile…
New data from the Nigerian Communications Commission (NCC) reveals that the number of active internet users…
House of Representatives Rejects Senate Bill, Decries Senate’s Neglect of 146…
The Nigerian House of Representatives has decisively rejected a Senate bill seeking their concurrence,…
Ghana Optimistic Ahead of IMF Board Review, Eyes $370 Million Disbursement to…
The Ghanaian government is cautiously optimistic about passing the International Monetary Fund’s (IMF) upcoming…
Nigeria’s Public Debt Climbs to N149.39 Trillion in Q1 2025, FGN Bonds Dominate…
Nigeria’s total public debt surged to N149.39 trillion at the end of the first quarter of 2025, marking a N4.72…
Nigeria Pushes for Digital Sovereignty with MTN’s $150M Dabengwa Data Centre…
The Federal Government of Nigeria has thrown its full support behind local cloud hosting and digital…
US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties…
In a vibrant ceremony held at the U.S. Consul General’s Residence in Lagos, the United States Consulate marked its…
Gambia Embraces Nigeria’s NAICOM Framework to Bolster Insurance Regulation
A high-level delegation from the Central Bank of The Gambia, led by Nyang Medeleine Gomez, has adopted Nigeria’s…
More networks, less value: Irony of Nigeria’s telecom landscape
Despite the licensing of over 40 Mobile Virtual Network Operators (MVNOs) by the Nigerian Communications…
Apple Considers Anthropic and OpenAI to Reinvent Siri with Advanced AI Integration
Apple is in advanced talks with leading artificial intelligence firms Anthropic and OpenAI to potentially…
Tariffs Keep U.S. Interest Rates Elevated as Markets Adjust to Trump’s Economic…
U.S. Federal Reserve Chair Jerome Powell revealed that tariffs enacted by President Donald Trump are the primary…
Nigeria’s Business Activity Hits 7-Month Low Amid Reforms and Inflation Struggles
Business activity in Nigeria’s private sector weakened in June 2025, hitting its lowest level in seven months,…
Naira Strengthens as Dollar Weakens Globally Amid Economic Shifts
The Nigerian naira appreciated modestly in the official foreign exchange market, closing at N1,527 to the US…
Asian Stocks Dip as Trump Tariff Deadline Looms and Fed Rate Cut Outlook Uncertain
Asian stock markets faltered on Wednesday as global investors navigated a complex mix of looming U.S. tariff…
Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to…
Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in…
Interswitch’s New Campaign Showcases Fintech’s Human Impact Across Africa
Interswitch, a leading digital payments and commerce company in Africa, has launched a new Masterbrand campaign…
Marketers Resist Dangote’s Petrol Price Cut, Maintain High Pump Rates Despite…
Despite a recent reduction in the ex-depot petrol price by the Dangote Petroleum Refinery from N880 to N840 per…
Investors Lose N150bn as NGX Opens July in the Red Amid Profit-Taking
The Nigerian Exchange Limited (NGX) began July on a bearish note, wiping off N150 billion from investors'…
Intel CEO Considers Pivot from Costly 18A Chips to Focus on Promising 14A…
Intel’s new CEO, Lip-Bu Tan, is considering a major shift in the company’s chip manufacturing strategy by…
Global Markets Hold Steady Amid Tariff Tensions and Uncertain U.S. Rate Policy
Global markets remained cautious as investors weighed developments in U.S. fiscal policy and looming trade…
Ghanaians Face Price Surge as GRA Implements New Tax Measures
The Ghana Revenue Authority (GRA) has begun enforcing a set of new tax policies from July 1, 2025, prompting…
Nigeria’s Economy Grows 3.7% in First Half of 2025 Amid Oil Boost and Business…
Nigeria’s economy experienced a 3.7% year-on-year growth in the first half of 2025, according to the Stanbic IBTC…
Middle East Tensions Threaten Ghana’s Economic Stability – Terkper Warns
Seth Terkper, Economic Policy Advisor at the Office of the President, has issued a caution regarding the potential…