Nigeria and UK Strengthen Cybersecurity Collaboration
Nigeria and the United Kingdom have joined forces to enhance the country’s cybersecurity capabilities, focusing on creating a robust National…
Author: Ekemini
Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues
Microsoft has reportedly pulled back from certain agreements with CoreWeave, a cloud computing provider, due to delivery issues and missed…
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu Government
The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led government, noting that these measures…
Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has confirmed that the Ghanaian government will consider the possibility of…
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4 billion, marking a…
Stock Market Experiences Continued Downturn with N289bn Loss
The Nigerian stock market continued its decline on March 5, 2025, as the overall capitalization dropped by N289 billion, reflecting…
Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision
Asian stock markets saw gains on Thursday as investor sentiment improved following news that U.S. President Donald Trump had granted…
United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout to Shareholders
United Capital Plc (UCAP) has announced a total dividend payout of N2.40 per share for 2024, rewarding shareholders with remarkable…
FCMB’s Continued Support for the Blind Celebrated by FNSB
The Federal Nigeria Society for the Blind (FNSB) has praised First City Monument Bank (FCMB) for its ongoing contributions to…
Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion by 2028
The global telecoms industry is expected to see steady revenue growth despite significant challenges, with projected revenue reaching $1.1 trillion…
Africa Strengthens Cybersecurity with Stricter Data Protection Laws
In a significant move toward enhancing data security, 39 out of 55 African nations have now enacted data protection laws,…
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global Challenges
The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of the nation’s…
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since mid-January, with employment…
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for a value-for-money audit…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence. Data from the Debt Management Office…
Naira Stability Outlook Strong as CBN Maintains FX Market Interventions
The Central Bank of Nigeria (CBN) is expected to maintain the stability of the naira in the coming weeks through…
Nigeria Secures $50.8 Billion in Global Trade Investment Deals
Nigeria has made significant strides in its economic diversification efforts, securing over $50.8 billion in investment commitments from international partners.…
Dubai Leads as Most Digitally Dependent City in 2025
Dubai has claimed the top spot as the most digitally dependent city in the world for 2025, according to a…
Nvidia and Broadcom Test Intel’s 18A Chip Process Amid Delays in Foundry Business
Nvidia and Broadcom are reportedly conducting tests on Intel’s 18A chip manufacturing process, a critical step as both companies evaluate…
European Markets Drop as Trump Tariffs Impact Autos, Thales Shares Surge
European markets took a sharp downturn on Tuesday amid growing concerns over the global effects of U.S. tariffs on Mexico,…
Bank of Ghana Suspends Gold-for-Oil Programme Amid Policy Challenges
The Bank of Ghana (BoG) has decided to suspend its Gold-for-Oil program due to operational and policy challenges that resulted…
Ghana Saves GH¢1bn After Treasury Bill Rate Reduction
Ghana has saved approximately GH¢1 billion following a significant reduction in Treasury Bill (T-Bill) rates, according to Finance Minister Cassiel…
DMO Announces New FGN Savings Bonds Offering Interest Rates of 16.64% and 17.64%
The Debt Management Office (DMO) has introduced two new Federal Government of Nigeria (FGN) savings bonds, offering attractive interest rates…
United Capital Proposes N9bn Final Dividend Following Strong 2024 Performance
United Capital Plc has announced a final dividend of N9 billion, equivalent to 50 kobo per share, for the year…
DeepSeek’s Growth Highlights the Rise of China’s AI Industry, Says Official
DeepSeek, a rising AI startup based in Hangzhou, is being hailed as a symbol of China’s growing prominence in artificial…
Hedge Funds and Institutional Investors Boost Retail Store Stocks Amid Economic Uncertainty
In recent months, institutional investors, including hedge funds, have increased their investments in both online and brick-and-mortar retail companies, signaling…
Cash Crunch Drives 171% Surge in Bank Borrowings from CBN Amid Tight Monetary Policy
The Central Bank of Nigeria (CBN) has seen a significant rise in bank borrowings, with a 171% increase month-on-month (MoM)…
Nigeria Customs Service Enhances Trade Efficiency with Full Bank Integration and B’Odogwu System
The Nigeria Customs Service (NCS) has announced the full integration of all commercial banks for Form ‘M’ openings, a significant…
GIPC CEO Calls for Diversification of Foreign Direct Investment in Ghana
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has advocated for diversifying Foreign Direct Investment…
Selling Price Inflation Eases in Nigeria, Business Activity Accelerates in February
Nigeria’s selling price inflation slowed to a seven-month low in February, according to the latest Stanbic IBTC Bank Nigeria Purchasing…