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investment

UK Economy Shows Unexpected Growth in Q4 2024, But Outlook for 2025 Remains…

Feb 13, 2025 0
The UK economy surprised many by growing 0.1% in the final quarter of 2024, defying expectations of a 0.1%…
Business

Equity Market Soars by N779bn as Nigerian Exchange Hits N67.3tn

Feb 13, 2025 0
On Wednesday, February 13, 2025, the Nigerian equity market experienced a significant surge, with investors…
International

Modi Brings Tariff Concessions and Strategic Offers to Trump Amid Trade Tensions

Feb 13, 2025 0
Indian Prime Minister Narendra Modi is preparing for an important meeting with U.S. President Donald Trump, where…
Local

Consumer Group Urges Caution on Proposed Electricity Tariff Increase, Citing Power…

Feb 13, 2025 0
A consumer group, the Nigeria Consumer Protection Network (NCPN), has voiced its concerns over the Federal…
Business

Nigerian Stock Market Hits N67 Trillion as VFDGROUP and IKEJAHOTEL Lead Gains

Feb 13, 2025 0
The Nigerian stock market closed on a high note on February 12, 2025, with the All-Share Index (ASI) rising by…
Business

European Stocks Hit Record Highs; Siemens Soars While FTSE 100 Falls

Feb 13, 2025 0
European stock markets continued their upward trajectory on Thursday, buoyed by strong corporate earnings and…
Business

NLC Threatens Nationwide Telecom Shutdown Over 50% Tariff Hike

Feb 13, 2025 0
The Nigeria Labour Congress (NLC) has issued a strong warning to telecommunications companies, demanding an…
Business

Nigeria Aims to Lead Africa’s AI Revolution, Partners with Google for Digital…

Feb 13, 2025 0
President Bola Tinubu has expressed his vision for Nigeria to become the leader in artificial intelligence (AI)…
Business

NEITI and TETFund Partner to Enhance Transparency in Education Tax Remittances in…

Feb 13, 2025 0
The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Tertiary Education Trust Fund (TETFund)…
Business

Nigeria Becomes Afreximbank’s Largest Beneficiary with $52 Billion Disbursement

Feb 13, 2025 0
Nigeria has emerged as the largest beneficiary of the African Export-Import Bank (Afreximbank) with a cumulative…
Business

GHS 1.3bn Embezzlement Scandal at NPA Triggers Calls for Petroleum Tax Cuts in…

Feb 13, 2025 0
The recent GHS 1.3 billion embezzlement scandal at the National Petroleum Authority (NPA) has intensified calls…
Local

House of Representatives Passes Four Tax Reform Bills for Second Reading

Feb 13, 2025 0
The House of Representatives has passed four significant tax reform bills for second reading, marking an important…
Business

Strengthening Nigeria’s Role in BRICS for Economic Growth and Investment

Feb 13, 2025 0
Nigeria's partnership with BRICS (Brazil, Russia, India, China, and South Africa) is seen as a game-changing…
Business

Nigerian Banks Progressing Towards Meeting 2026 Recapitalisation Deadline – Fitch…

Feb 13, 2025 0
Fitch Ratings has reported that Nigerian banks are on track to meet the Central Bank of Nigeria's (CBN)…
Business

Telecom Tariff Hike Sparks Backlash as NLC Calls for Boycott and Subscribers…

Feb 13, 2025 0
Telecom operators in Nigeria are facing a strong backlash after implementing a 50% tariff hike despite an ongoing…
Business

Tinubu Hails $50M IFC Investment in Lagos Free Zone

Feb 13, 2025 0
President Bola Tinubu expressed his appreciation for the International Finance Corporation's (IFC) $50 million…
Local

External Influences and Internal Struggles Hinder ECOWAS’ Aspirations– Prof.…

Feb 12, 2025 0
The Economic Community of West African States (ECOWAS) has faced significant challenges in achieving its core…
International

China’s Chipmaking Equipment Purchases Set to Decline Amid Sanctions and…

Feb 12, 2025 0
China's chipmaking equipment purchases, which had seen consistent growth for the past three years, are expected to…
Business

Vietnam to Raise 2025 GDP Growth Target to 8% Amid Global Trade Risks and U.S.…

Feb 12, 2025 0
Vietnam is set to revise its 2025 GDP growth target upwards, now aiming for at least 8% compared to the previous…
Business

Trump’s Trade Advisers Finalize Plans for Reciprocal Tariffs Amid Growing…

Feb 12, 2025 0
Former U.S. President Donald Trump's trade advisers are in the final stages of preparing reciprocal tariffs, which…
Business

Foreign Portfolio Investments in Nigeria Surge 126.8% in 2024

Feb 12, 2025 0
Foreign Portfolio Investments (FPIs) into Nigeria's stock market saw a remarkable increase of 126.8% in 2024,…
Business

CBN Scraps Free ATM Withdrawals, Introduces New Charges: Bank Customers Express…

Feb 12, 2025 0
In a recent move by the Central Bank of Nigeria (CBN), the institution has announced the scrapping of free ATM…
Business

Nigeria’s Economic Reset: The Crucial Role of Data Integrity in National…

Feb 12, 2025 0
Nigeria is currently navigating an economic reset to address the persistent challenges it faces, including…
Business

Nigeria, UAE Strengthen Aviation Ties with Amended Bilateral Air Service Agreement

Feb 12, 2025 0
Nigeria and the United Arab Emirates (UAE) have signed an amended Bilateral Air Service Agreement (BASA), aimed at…
Business

Telecom Tariff Hike: House of Reps Demands Reversal Amid Economic Concerns

Feb 12, 2025 0
The long-awaited 50% tariff increase by Nigerian telecommunications operators has officially begun, following…
Local

Nigerian Equity Market Maintains Bullish Momentum with N426bn Gain

Feb 12, 2025 0
The Nigerian equity market continued its positive trajectory on February 12, 2025, with investors gaining N426…
Business

Senate Proposes N10bn for Capital Market Awareness to Boost Investor Participation

Feb 12, 2025 0
In a recent proposal, the Nigerian Senate suggested allocating N10bn to fund investor education in the capital…
Business

Global Stocks Dip Amid U.S. Tariff Hike and Economic Outlook Concerns

Feb 12, 2025 0
Global stock markets experienced a decline on Tuesday as investors reacted to the implications of newly introduced…
Business

Trump Imposes 25% Tariffs on Steel and Aluminium Imports to Boost U.S.…

Feb 11, 2025 0
President Donald Trump has announced the imposition of a 25% tariff on steel and aluminium imports into the United…
Business

Stabilizing Naira and Slower Price Increases Ease Business Costs in January

Feb 11, 2025 0
In January 2025, the Nigerian business environment saw a reduction in operating costs, primarily due to the…
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