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Nigerian Banks Redefine Profitability Through Digital Innovation and Non-Interest…
In the face of Nigeria's turbulent economic climate marked by inflation, currency devaluation, and regulatory…
MTN Tops Inward Porting Chart as 9mobile Bleeds Subscribers — NCC Report
The latest data from the Nigerian Communications Commission (NCC) shows a clear trend in Nigeria’s telecom space,…
Google Launches 2025 Startups Accelerator for AI Innovations in Africa
Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program. This…
Cardoso’s Global Diplomacy to Strengthen Nigeria’s Economy and Investor Confidence
In April 2025, during the International Monetary Fund (IMF) and World Bank’s Spring Meetings in Washington, DC,…
Bank of Ghana Urges Enhanced Security Measures Amid Rising Fraud Cases
The Bank of Ghana has called for a heightened focus on fraud prevention within the country's banking sector,…
IMF Warns Nigeria of Fiscal Strain as Global Tensions Threaten Oil Revenue
Nigeria is facing mounting fiscal pressure as the International Monetary Fund (IMF) warns that intensifying global…
Naira muted in unofficial market, Dollar turns green in global market
The Nigerian naira stayed relatively flat in the unofficial market, trading between N1,600 and N1,605 to the…
Nigerians Boost Savings as Quasi-Money Climbs 3.65% in March 2025 Amid Economic…
Nigerians are leaning into savings as the economy faces continued uncertainty, with quasi-money—highly liquid…
EU Slaps €700 Million Fine on Apple and Meta for Breaching Digital Competition…
In a significant move on April 23, 2025, the European Union fined Apple and Meta a total of €700 million for…
IOCs Undermine Nigerian Refineries by Dodging Local Crude Supply Mandates
Despite legal obligations under Nigeria’s Petroleum Industry Act (PIA), international oil companies (IOCs)…
OpenAI Eyes Chrome Acquisition Amid Google Antitrust Trial, Cites AI Competition…
OpenAI has expressed interest in potentially acquiring Google’s Chrome browser if regulators force its sale,…
Flutterwave and Yellow Card Join Circle’s Global Payments Network to Boost…
Flutterwave and Yellow Card have officially joined the Circle Payments Network (CPN), a major step in transforming…
U.S. Regulatory Scrutiny Sparks Fears of Chinese Stock Delisting
Concerns over the potential delisting of Chinese stocks from U.S. exchanges have been reignited, particularly…
Legend Internet Set to List 2 Billion Shares on NGX, Paving Way for Digital Growth…
Legend Internet Plc is making headlines as it prepares to list 2 billion shares on the Nigerian Exchange (NGX)…
Brokers recommend “hold” on banking stocks as market sentiment improves
Market analysts are taking a cautious but optimistic stance on Nigeria's banking sector, issuing a string of…
Naira Holds Steady Amid Global Dollar Resurgence and Fed Drama
The naira stayed relatively stable in Nigeria’s unofficial market, trading between N1,600 and N1,605 per dollar,…
NGX posts N318bn gain after Easter break
The Nigerian Stock Exchange (NGX) saw a positive rebound after the Easter break, with a significant gain of N318…
Naira in Circulation Drops to N5tn as of March 2025 Amid Tightened Monetary Policy
As of March 2025, Nigeria's currency in circulation dropped to N5 trillion, reflecting a decrease from N5.04…
Tinubu Urges Deeper ECOWAS Integration to Harness AfCFTA’s Promise
At the ECOWAS Golden Jubilee event in Accra, Nigerian President Bola Tinubu, represented by Ambassador Bianca…
Customs Eyes Return of 4% FOB Charge Amid Ongoing Duty Relief Efforts
The Nigeria Customs Service (NCS) has announced plans to reintroduce the controversial four per cent Free-on-Board…
China Warns Nations Against US Trade Deals That Undermine Its Interests
China has issued a stark warning to countries considering trade deals with the United States that could harm its…
Bitcoin Surges to $88,000 Amid U.S. Dollar Weakness and Market Volatility
Bitcoin (BTC) surged past $88,000 on Tuesday, marking its highest price since late March. This significant rise…
Naira Hits N1,845/€ on Easter Monday as Euro Climbs to 3-Year High Against the…
On Easter Monday, the Nigerian naira traded at N1,845 against the euro on the black market, marking a slight…
Nigerian Equity Market Loses N207bn Amid Easter Holiday Shutdown
The Nigerian equity market experienced a significant decline during a shortened trading week, with a loss of N207…
Dollar Falls to Lowest Point Since March 2022 Amid Economic Uncertainty
The US dollar experienced a significant depreciation on Monday, hitting its lowest point since March 2022, as…
Legend Internet to List Two Billion Shares on NGX, Marking Major Milestone for…
Legend Internet Plc is set to list two billion shares on the Main Board of the Nigerian Exchange Limited (NGX) on…
FX Volatility Drives 9% Increase in Local Inputs Sourcing by Nigerian…
In 2024, the ongoing foreign exchange (FX) volatility in Nigeria caused a significant shift in the manufacturing…
Nigeria’s $630 Million Investment in Data Centres to Meet Surge in Internet…
As internet usage continues to soar, data centre operators in Nigeria are investing over $630 million to expand…
Philipp Müller Appointed CEO of Blue Earth Capital to Lead Next Growth Phase in…
Blue Earth Capital, a prominent impact investor managing over $1.5 billion in assets, has announced the…
C2FO Secures $30 Million Funding to Expand into Emerging Markets with IFC Support
C2FO, a US-based working capital platform, has raised $30 million in funding to enhance its technology and expand…