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investment

Breaking:Foreign Portfolio Inflows to Nigerian Stock Market Plunge 92% in April…

May 26, 2025 0
Foreign portfolio investment into Nigeria’s equities market nosedived by 92.39% in April 2025, falling from…
investment

Tinubu’s Mining Reforms Attract $800 Million and Spark Sector Boom — Alake

May 26, 2025 0
President Bola Tinubu’s mining reforms have significantly revitalized Nigeria’s solid minerals sector, leading to…
Local

FG Reaches 6 Million Nigerians with Cash Transfers in Six Months – Minister

May 26, 2025 0
The Federal Government of Nigeria has disbursed conditional cash transfers to six million Nigerians within a…
Finance

South Korean Stocks Lead Asia’s Gains as Trump Delays EU Tariffs; China, Hong Kong…

May 26, 2025 0
South Korean stocks surged over 2% on Monday, outpacing other Asia-Pacific markets, following U.S. President…
Local

Foreign trade payment rises to $267.96m – CBN

May 26, 2025 0
Nigeria’s foreign trade payments through Letters of Credit (LCs) increased by 3.68 percent year-on-year to $267.96…
Finance

Trump Postpones EU Tariffs, Markets Rally as Trade Talks Resume

May 26, 2025 0
U.S. President Donald Trump has delayed the imposition of threatened 50% tariffs on European Union imports until…
Business

BoG Mandates Banks to Hold Reserves in Original Deposit Currencies from June_Ghana

May 26, 2025 0
Starting June 5, 2025, commercial banks in Ghana will be required to maintain their cash reserves in the same…
Finance

NGX Turnover Surges to N74.8bn Despite ASI Dip and Mixed Sectoral Performance

May 26, 2025 0
The Nigerian Exchange (NGX) witnessed a strong rise in market activity last week, with turnover climbing by 17.3…
Energy

Tinubu at Two: Energy Sector Grapples with Persistent Challenges Amid Modest…

May 26, 2025 0
As President Bola Tinubu’s administration marks its two-year anniversary, Nigeria’s energy sector remains deeply…
Business

AGI Expects Policy Rate Cut as Economic Conditions Improve

May 23, 2025 0
The Association of Ghana Industries (AGI) is anticipating a reduction in Ghana's policy rate, ahead of the Bank of…
Local

Nigeria Commits $1 Billion to Transform Telecom Infrastructure by Q3 2025

May 23, 2025 0
Nigeria is embarking on a significant overhaul of its telecommunications sector, with a $1 billion investment in…
Business

CBN Holds Interest Rate to Curb Inflation, Spur Growth Amid Fragile Economic Gains

May 23, 2025 0
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the benchmark…
Investing

CBN Nets N615.8bn as Treasury Bill Demand Surges Despite Fiscal Strains

May 23, 2025 0
In its latest Treasury bills auction on May 21, 2025, the Central Bank of Nigeria (CBN) raised N615.8 billion,…
Business

Lagos State to Launch AI Guidelines, Advocate Ethical Investment in $20 Trillion…

May 22, 2025 0
The Lagos State government has announced plans to release its first set of Artificial Intelligence (AI)…
Breaking

BREAKING: Otedola Invests N320bn in First Bank, Cites Tinubu and Cardoso’s…

May 22, 2025 0
Billionaire investor and Chairman of First Holdco Plc, Femi Otedola, has announced a landmark N320 billion…
International

U.S. Markets Waver as Trump’s Tax Bill Raises Debt Fears

May 22, 2025 0
U.S. stock futures held steady Thursday morning after a sharp market decline the day before, as concerns over…
Banking

Manufacturers, LCCI Clash Over CBN’s 27.5% Interest Rate Policy

May 22, 2025 0
The Central Bank of Nigeria’s (CBN) decision to maintain the Monetary Policy Rate (MPR) at 27.5 percent since…
Business

Telcos battle 33 outages in May

May 22, 2025 0
Nigeria’s telecommunications industry experienced 33 major network outages in May 2025, significantly disrupting…
Business

With 47.73% Spread, Nigeria Still Far from Attaining 70% Broadband Penetration…

May 22, 2025 0
Despite bold projections by the Nigerian Communications Commission (NCC) to surpass 70% broadband penetration by…
Banking

CBN Unveils Draft Standards for Automated AML/CFT Systems to Strengthen Financial…

May 22, 2025 0
In a major step toward enhancing Nigeria’s financial security, the Central Bank of Nigeria (CBN) has released a…
Macroeconomic

UK 3.5% inflation surge deepens financial pressure on Nigerians abroad

May 22, 2025 0
Nigerians living in the United Kingdom are facing renewed financial challenges following a sharp rise in UK…
Business

Dangote: 52 Kobo of Every Naira in Local Investment Goes to Federal Government

May 22, 2025 0
At the 2025 Taraba International Investment Summit (TARAVEST) held in Jalingo, the Chairman of Dangote Group,…
Business

JPMorgan’s Jamie Dimon Warns of Rising U.S. Stagflation Risks Amid Economic…

May 22, 2025 0
JPMorgan Chase CEO Jamie Dimon has cautioned that the U.S. economy could face the risk of stagflation, a troubling…
Business

OpenAI Acquires Jony Ive’s AI Device Startup in $6.5 Billion Deal to Launch…

May 22, 2025 0
OpenAI has announced the acquisition of io Products, a hardware startup founded by former Apple design chief Jony…
Business

BoG Overhauls Monetary Policy to Spur Growth and Control Inflation-GHANA

May 22, 2025 0
The Bank of Ghana (BoG) has initiated a major review of its monetary policy framework, aiming to adopt more…
Business

Producer Price Inflation in Ghana Drops to 18.5% in April, Signaling Easing Cost…

May 22, 2025 0
Ghana’s Producer Price Inflation (PPI) saw a notable drop in April 2025, falling to 18.5% from 24.4% in March,…
Technology

Bitcoin Hits Record High Amid Improving Market Sentiment and Institutional Support

May 22, 2025 0
Bitcoin soared to an all-time high on Wednesday, surpassing January’s peak as investor confidence rebounded after…
Business

Nigerian Stock Market Sheds N70 Billion Amid Sell Pressure in 27 Stocks

May 22, 2025 0
The Nigerian stock market experienced a downturn on Wednesday, with market capitalisation dropping by N70 billion.…
Local

Nigeria’s Low GDP Per Capita Hinders Prosperity, Urgent Growth Needed — World Bank

May 22, 2025 0
Nigeria's economic output per person remains critically low, placing the country 146th out of 191 globally,…
Macroeconomic

Nigeria’s Debt Service Soars 49% Amid Mounting Fiscal Pressures

May 22, 2025 0
Nigeria’s debt service payments surged by 49.2% year-on-year in the first four months of 2025, reaching $2.01…
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NIGERIA

Business

Nigeria Achieves Fiscal Milestone: Non-Oil Revenue Now 75% of Federation Funds

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Nigeria’s Power Sector Gets N3.3 Trillion Lifeline as Eight GenCos Sign Debt Bailout

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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