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Banking

Telcos Hail New USSD Billing Rule as NCC, CBN Tackle Bank Payment Default

Jun 18, 2025 0
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has endorsed a new billing framework…
International

China Pushes Digital Yuan and Multi-Polar Currency System Amid Global Shift

Jun 18, 2025 0
China’s central bank has reaffirmed its commitment to promoting the digital yuan (e-CNY) internationally, with…
Finance

Markets Wobble as Mideast Tensions Rise and Fed Decision Looms

Jun 18, 2025 0
Global markets remained on edge Wednesday as escalating conflict between Israel and Iran entered its sixth day,…
Business

Elon Musk’s xAI Nears $5 Billion Debt Raise Despite Tepid Investor Interest

Jun 18, 2025 0
Elon Musk’s artificial intelligence startup, xAI, is on course to secure $5 billion in fresh debt financing led by…
Local

Caution Amid Optimism: Economist Warns Ghana Not Ready for Eurobond Market Despite…

Jun 18, 2025 0
Fitch Ratings recently upgraded Ghana’s credit rating to ‘B-’ with a stable outlook, a move that signals improved…
Business

Nigeria Imports N1.2tn Worth of Crude Despite Being Africa’s Top Oil Producer

Jun 18, 2025 0
Nigeria, despite being Africa's largest oil producer, imported crude oil worth N1.19 trillion in the first quarter…
Business

FCMB Reassures Shareholders of Dividends Amid CBN’s New Banking Restrictions

Jun 18, 2025 0
FCMB Group Plc has moved to allay shareholder concerns following a new directive from the Central Bank of Nigeria…
Local

Nigeria Becomes Crude Oil Importer Despite Being Africa’s Top Producer

Jun 17, 2025 0
In a striking contradiction, Nigeria—Africa's leading oil producer—spent N1.19 trillion importing crude oil in the…
International

Wall Street Slips as Mideast Tensions and Fed Uncertainty Weigh on Markets

Jun 17, 2025 0
Wall Street futures declined on Tuesday amid growing investor caution as the Israel-Iran conflict entered its…
Business

CBN Dividend Suspension Triggers Sharp Decline in Banking Stocks

Jun 17, 2025 0
The Nigerian banking sector faced a significant downturn following the Central Bank of Nigeria’s (CBN) recent…
Business

Edun, Cardoso Strategize as Nigeria’s Inflation Drops to 22.97%

Jun 17, 2025 0
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with Central Bank Governor Yemi…
International

Stocks Slip, Oil Surges as Middle East Conflict and Global Policy Moves Rattle…

Jun 17, 2025 0
Tensions in the Middle East escalated sharply as fighting between Israel and Iran entered its fifth day, leading…
investment

Fitch Upgrades Ghana’s Credit Rating to ‘B-‘ as Economic Reforms…

Jun 17, 2025 0
Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating from "Restricted Default" to…
International

German AI Defence Start-up Helsing Secures €600 Million in Major Investment Round

Jun 17, 2025 0
German defence technology start-up Helsing has successfully raised €600 million in its latest funding round,…
Agriculture

Cedi Gains Offer Little Relief Without Inflation Tamed, Says Blue Skies…

Jun 17, 2025 0
Anthony Pile, founder of leading fruit exporter Blue Skies Company Ltd., has raised concerns that Ghana’s recent…
Business

CBN Dividend Ban Triggers Sharp Decline in Bank Stocks on NGX

Jun 17, 2025 0
Bank stocks on the Nigerian Exchange (NGX) suffered significant losses on Monday, June 16, 2025, after the Central…
investment

World Bank Warns of Alarming Drop in FDI to Developing Nations, Hits Lowest Level…

Jun 17, 2025 0
Foreign direct investment (FDI) into developing economies has plummeted to its lowest point in nearly two decades,…
Business

Israel-Iran Conflict Threatens Nigerian Economy with Investment Risks and Rising…

Jun 17, 2025 0
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel…
International

Emerging Market Bonds Surge as Weaker Dollar Revives Investor Appetite

Jun 17, 2025 0
A sharp decline in the U.S. dollar is breathing new life into emerging market (EM) local currency debt, an asset…
Business

OpenAI Considers Antitrust Action Against Microsoft Amid Partnership Tensions

Jun 17, 2025 0
OpenAI executives are weighing whether to accuse Microsoft, their largest investor, of anticompetitive practices,…
Banking

Beyond the Balance Sheet: Nigeria’s Bank Recapitalisation Spurs Debate on Profit…

Jun 17, 2025 0
With only months left before the Central Bank of Nigeria’s (CBN) recapitalisation deadline, banks in Nigeria are…
Business

Nigerian Breweries Bounces Back: Q1 2025 Profits Signal Strong Recovery, Spark…

Jun 17, 2025 0
Nigerian Breweries Plc has earned praise from financial stakeholders following its impressive Q1 2025 financial…
Business

CBN Crackdown on Forbearance Exposes FirstHoldco, Others to Billions in Loan Risks

Jun 17, 2025 0
The Central Bank of Nigeria (CBN) has taken a firm stance by reverting to orthodox monetary policy, enforcing…
Business

U.S. Backs Investment Push in Lagos Free Zone, Eyes Stronger Economic Ties with…

Jun 17, 2025 0
The United States has reaffirmed its commitment to supporting foreign direct investment in Nigeria, particularly…
investment

Fed Likely to Hold Rates Steady: What That Means for Americans’ Wallets

Jun 17, 2025 0
The Federal Reserve is widely expected to maintain its current interest rates during its upcoming policy meeting,…
Business

SEC Charts Path for Cross-Border Trade with Naira-Backed Stablecoin Framework

Jun 17, 2025 0
The Securities and Exchange Commission (SEC) of Nigeria has unveiled plans to develop a regulatory framework for…
Business

CBN’s $4.01bn Forbearance Loans Under Review as Nigeria Plans Gradual Phase-Out

Jun 16, 2025 0
A new report by Renaissance Capital Africa has revealed that the Central Bank of Nigeria (CBN) extended a total of…
International

Breaking: Markets Steady Amid Rising Israel-Iran Tensions and Global Economic…

Jun 16, 2025 0
Despite a dramatic escalation in the Israel-Iran conflict over the weekend, global markets opened the week on a…
International

U.S. Futures Edge Up Amid Mideast Tensions and Fed Rate Speculation

Jun 16, 2025 0
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week's sharp losses driven by…
Finance

Investors Ditch Long-Term US Bonds Amid Diminished Hopes for Aggressive Fed Cuts

Jun 16, 2025 0
Investors are turning away from long-term U.S. Treasury bonds as expectations for significant Federal Reserve…
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Recent Posts

Asia-Pacific Markets Plunge as Oil Surges After Trump’s Iran…

Apr 2, 2026

Ghana Reference Rate Drops to 10.06% as Lending Costs Start…

Apr 2, 2026

NCC Urges Patience as Telecom Operators Held Accountable for…

Apr 2, 2026

Nigeria’s Economic Growth Slows in March 2026 Amid Rising…

Apr 2, 2026
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NIGERIA

Business

Google and Slum2School Launch “Stories from Our Home” to Preserve Nigerian Folktales

Apr 2, 2026
Business

Nigeria Eyes Global Markets to Boost Trade Amid Structural Challenges

Apr 2, 2026
Business

Banking Stocks Propel Nigerian Market to N599 Billion Gain as Q2 2026 Kicks Off

Apr 2, 2026
Business

Nigerian States Return to Borrowing Despite FAAC Windfall: Debt Hits N4 Trillion

Apr 2, 2026
Prev Next 1 of 3,057

World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
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