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Nigerian Equities Market Sustains Bullish Momentum with N212bn Gain
The Nigerian Exchange Limited (NGX) continued its upward trajectory on Wednesday, July 10, 2025, posting a!-->…
Nigerian Banks Race to Bridge ₦783bn Capital Gap as Stanbic IBTC Leads…
The Nigerian banking sector's capital shortfall has reduced to ₦783.4 billion following Stanbic IBTC Holdings’!-->…
Meta Snaps Up Apple’s AI Star with $200M Package in Bold Superintelligence Push
Meta Platforms Inc. has made headlines by securing the services of Ruoming Pang, a former top AI engineer at!-->…
Dangote Refinery Expands Fuel Export Reach to Southern Africa with Namibia…
The Dangote Petroleum Refinery is set to expand its export operations by constructing a fuel storage facility in!-->…
Nvidia Becomes First Company to Reach $4 Trillion Valuation Amid AI Boom
Nvidia made history on Wednesday by becoming the first publicly traded company to hit a market valuation of $4!-->…
Nigeria’s Economy Expands for 6th Straight Month as Agriculture Leads Growth – CBN…
Nigeria’s economy has recorded its sixth consecutive month of expansion, according to the June 2025 Purchasing!-->…
Nigeria’s Foreign Reserves Projected to Reach $41bn by Year-End Amid Naira Gains
Nigeria’s external reserves could reach $41 billion by the end of 2025, driven by the continued appreciation of!-->…
OpenAI to Launch AI-Powered Web Browser, Targeting Google Chrome’s Dominance
OpenAI is preparing to launch a groundbreaking AI-powered web browser that will directly compete with Google!-->…
European Investors Eye Earnings Season for Clues Amid Trade and Currency…
European investors are closely watching the second-quarter earnings season, which could reveal how well companies!-->…
Nigerian Stocks Surge Midweek with N212bn Gain Amid Broad Market Optimism
The Nigerian equities market continued its bullish run midweek, with a significant gain of ₦212 billion in market!-->…
IMF Boosts FIRS Support as Nigeria Implements Sweeping Tax Reforms
The International Monetary Fund (IMF) has strengthened its collaboration with Nigeria’s Federal Inland Revenue!-->…
India Clears Final Hurdle for Musk’s Starlink to Launch Commercial Operations
Starlink, Elon Musk’s satellite internet venture under SpaceX, has finally received the green light to commence!-->…
Nigerian Insurance Firms Project N14.1bn Q2 Profit Decline Amid FX Losses
Four Nigerian insurance firms—AXA Mansard Insurance Plc, Consolidated Hallmark Holdings Plc, Linkage Assurance!-->…
Stronger Reserves to Boost Cedi Stability and Disposable Incomes, Merban…
Ghana’s strengthened international reserves are expected to enhance currency stability and improve citizens’!-->…
Dangote Refinery Cuts Petrol Price Again to N820 per Litre Amid Market…
Dangote Refinery has further reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol,!-->…
NCC Introduces N10m Licence for Bulk SMS Providers to Tackle Fraud and Spam
The Nigerian Communications Commission (NCC) has announced a mandatory N10 million licence fee for companies!-->…
Naira Slightly Weakens to ₦1,529/$ as Forex Demand Rises Amid Card Transaction…
The Nigerian naira experienced a marginal depreciation at the official foreign exchange market, closing at!-->…
IMF Calls on Nigeria to Deepen Inclusive Growth and Enforce Fiscal Discipline Amid…
The International Monetary Fund (IMF) has advised Nigeria to prioritise inclusive economic growth, reinforce!-->…
Naira Breaks Free from Oil Dependency as Currency Holds Steady Despite Price Slump
Nigeria’s naira is showing signs of resilience and stability, decoupling from its historical dependence on crude!-->…
Despite 50% Tariff Hike, Nigeria’s Internet Usage Surges 30% in 2025
Despite a steep 50% increase in telecom tariffs earlier in 2025, Nigeria has seen a surprising 30.91% rise in!-->…
Meta Superintelligence Labs Poaches Elite AI Talent in Silicon Valley Hiring Blitz
Meta Platforms has launched a high-stakes hiring spree to populate its newly formed Superintelligence Labs, aimed!-->…
Nigeria Eyes Record $16.08bn in Foreign Portfolio Inflows Amid High Interest Rates
Nigeria is on track to record its highest-ever foreign portfolio investment (FPI) inflows by the end of 2025, as!-->…
CBN Raises Inflation Alarm as Rising Input Costs Threaten Business Margins
The Central Bank of Nigeria (CBN) has raised concerns about a potential surge in inflation, citing rising input!-->…
Dangote Refinery Targets 100% Nigerian Crude by Year-End in Energy Sector…
Dangote Industries Limited has announced plans to fully switch its massive 650,000 barrels-per-day refinery to use!-->…
CBN Rolls Out Stricter Loan Reporting Rules to Boost Transparency in Banks
The Central Bank of Nigeria (CBN) has introduced new guidelines to enhance credit reporting standards among!-->…
Nigeria and South Africa Boost Intra-African Trade to $220.3 Billion in 2024
Intra-African trade rose significantly by 12.4% in 2024 to reach $220.3 billion, up from $196.04 billion in 2023,!-->…
European Markets Climb as Investors Await U.S. Trade Moves; Mergers and Energy…
European stocks ended Monday’s trading session mostly higher as investors looked ahead to potential U.S. trade!-->…
NGX Chairman Deepens Capital Market Collaboration with Dubai Financial Market
In a significant step toward enhancing cross-border market integration, the Chairman of Nigerian Exchange Group!-->…
NCC To Spotlight Mobile Virtual Network Investment, Growth Potential At Forum
The Nigerian Communications Commission (NCC) will headline the sixth edition of the Telecom Sector Sustainability!-->…
Apple Appeals $587M EU Antitrust Fine Over App Store Restrictions
Apple has officially taken legal action against a €500 million ($587 million) antitrust fine imposed by the!-->…