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GSM Technology Dominates Nigerian Internet Market with Over 141 Million Active…
The Nigerian Communications Commission (NCC) reports that active internet subscribers in Nigeria reached nearly…
Oando Surge Lifts NGX Market Cap to N71 Trillion Amid Strong Investor Sentiment
The Nigerian Exchange Limited (NGX) witnessed a remarkable milestone as its total market capitalisation soared to…
Oil Dips Over 1% as Surging U.S. Fuel Stocks Overshadow Crude Draw and Demand…
Oil prices fell by just over 1% on Wednesday following the release of U.S. government data revealing a sharp and…
Firms Blame Soaring Energy and Transport Costs for Nigeria’s Persistent Inflation…
The Central Bank of Nigeria (CBN) has revealed that a vast majority of Nigerian firms cite high energy costs as…
Cedi to Stay Strong as Gold Earnings Boost Reserves – Finance Minister Assures…
Finance Minister Dr. Cassiel Ato Forson has assured Ghanaians that the national currency, the Cedi, will remain…
Nigerian Stock Market Gains N259bn on Back of Broad Investor Confidence
The Nigerian stock market continued its upward momentum as it added N259 billion in value due to renewed investor…
Recapitalization Deadline Looms as Only 10% of Nigeria’s Bureau De Change Comply;…
The recapitalisation deadline for Nigeria’s Bureau De Change (BDC) operators expires today, with less than 10…
3 Million Jobs at Risk as 1,500 Nigerian Bureau De Change Operators Fail…
The Central Bank of Nigeria’s (CBN) June 3, 2025 deadline for Bureau De Change (BDC) operators to meet new…
NGX Market Capitalisation Surges Past ₦120trn as Foreign Investment Floods In
The Nigerian Exchange (NGX) has reached a new milestone, with its combined market capitalisation of debt,…
Qwant Files Antitrust Complaint Against Microsoft Over Bing Practices
French search engine Qwant has filed a complaint with France's antitrust authority, accusing Microsoft of…
Stock Market Rebounds with N260bn Boost as Demand for Dangote Cement, Others Rises
The Nigerian stock market saw a notable rebound on Tuesday, ending the previous session's profit-taking trend.…
50% crude output now produced by local firms – Report
Nigeria’s oil and gas industry is undergoing a major transformation, with indigenous companies now responsible for…
Tariff Hikes Trigger Sharp Decline in Internet Usage and Subscribers in Nigeria
Internet data consumption in Nigeria fell sharply by 17,647 terabytes from January to April 2025, following a 50%…
U.S. Labor Market Shows Signs of Softening Amid Tariff Uncertainty
The U.S. labor market is exhibiting signs of easing as job openings rose modestly in April, but layoffs…
Nigerian Stock Market Hits N70.89 Trillion as Investor Confidence Drives Gains
The Nigerian stock market continued its bullish streak on Tuesday, June 4, 2025, with a notable gain of N259…
NCC Mandates Airtime Billing for USSD Transactions to Resolve Bank-Telco Dispute
The Nigerian Communications Commission (NCC) has issued a new directive instructing Deposit Money Banks to begin…
AI ‘Vibe Coding’ Startups Surge Amid High Valuations and Big Tech Pressure
In the rapidly evolving landscape of artificial intelligence, code generation startups—dubbed “vibe coding” firms,…
Kenya Approves Moniepoint’s Entry with 78% Acquisition of Sumac Microfinance Bank
Kenya’s Competition Authority has granted approval for Moniepoint Inc.’s acquisition of a 78% stake in Sumac…
ANRPM Commends Tinubu’s Oil Sector Reforms, Backs Economic and Tax Initiatives
The Association of Nigerian Refineries Petroleum Marketers (ANRPM) has praised President Bola Tinubu on his second…
Government in Final Talks with Strategic Investor for AT Revamp and Takeover
The Government of Ghana has entered into advanced discussions with a strategic investor for the revamp and…
CBN’s Recapitalization Deadline Expires: BDC Operators Urge Extension to Save 3…
The Central Bank of Nigeria’s (CBN) deadline for Bureau De Change (BDC) operators to meet new recapitalization…
ARK 21Shares Bitcoin ETF to Undergo 3-for-1 Share Split in Bid to Broaden Investor…
In a move aimed at making its flagship crypto investment product more accessible to everyday investors, 21Shares…
Google Agrees to $500 Million Compliance Overhaul to Settle Shareholder Antitrust…
Google has agreed to invest $500 million over the next decade to revamp its compliance framework as part of a…
Markets Cautious Ahead of Trump-Xi Talks; Dollar Dips as Trade Tensions Persist
Shares in Asia showed modest gains while U.S. futures slipped on Tuesday amid lingering concerns over U.S.-China…
Nigeria’s Private Sector Grows for Sixth Straight Month Despite Inflation and…
Nigeria’s private sector sustained its growth momentum in May 2025, marking the sixth consecutive month of…
Nigerian Equities Market Starts Week Strong with N173bn Gain Despite Lower Trading…
The Nigerian equities market kicked off the week on a positive trajectory as it recorded a N173 billion increase…
Ghana’s Cedi Poised to Strengthen as $370 Million IMF Tranche Nears Approval
Ghana’s cedi is expected to remain relatively stable in the coming weeks, supported by the imminent release of…
Fuel Marketers Join Forces Amid Price War Between Dangote and NNPC
In response to the instability caused by fluctuating petrol prices in Nigeria, fuel marketers are forming…
Nigeria and South Africa Among Africa’s Biggest Losers as $125 Billion in Tax…
Africa is losing an estimated $125 billion in tax revenue annually due to the large informal economies prevalent…
Nigerian Stock Market Extends Gains, Rises by 0.27%
Nigeria’s stock market continued its positive momentum on Wednesday, climbing by 0.27 percent. The uptick was…