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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…
GEXIM and Saudi EXIM Forge Strategic Partnership to Boost Trade and Project…
In a move to bolster Ghana's economic transformation through enhanced international trade and export development,…
Nigerian Exchange Surges by N187 Billion as Investor Confidence Drives Market…
The Nigerian Exchange (NGX) continued its positive streak on Wednesday, gaining N187 billion in market…
Dangote Refinery Reshapes Africa’s Fuel Landscape as Nigeria Ends Petrol Import…
Nigeria has relinquished its status as Africa’s largest importer of refined petroleum products, with South Africa…
FX Reforms Spark Surge in Investor Confidence as Daily Turnover Hits $500m
Nigeria’s foreign exchange (FX) market has experienced a dramatic boost in liquidity, with daily turnover…
Stakeholders Call for Greater Investment and Support to Boost Nigeria’s Tech…
At a recent World Product Day event in Lagos, key players in Nigeria’s investment sector highlighted the major…
World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Amid Mounting Debt and Credit…
The World Bank has lowered Kenya’s 2025 economic growth projection to 4.5%, a reduction of 0.5 percentage points,…
Wear It All Luxury Launches Glamorous Abuja Boutique with Star-Studded Event
Wear It All Luxury, the high-end fashion brand led by entrepreneur Sodiq Babatunde Rufai, has officially expanded…
NGX Market Capitalisation Surges Past N70 Trillion as Bullish Trend Continues
The Nigerian Exchange Limited (NGX) witnessed sustained bullish activity as the market capitalisation soared past…
CBN Launches New Shari’ah-Compliant Tools to Strengthen Nigeria’s Non-Interest…
The Central Bank of Nigeria (CBN) has introduced innovative liquidity management instruments to advance the…
Google’s AI Ad Tools Poised to Supercharge Nigeria’s Digital Economy
Google has unveiled a range of cutting-edge artificial intelligence (AI) advertising tools aimed at accelerating…
NGX Market Capitalisation Surpasses N70 Trillion on Strong Investor Demand for…
The Nigerian Exchange Limited (NGX) saw its market capitalisation cross the N70 trillion mark, driven by strong…
Fuel Output Declines by 1.4 Million Liters Daily as Port Harcourt Refinery Begins…
Nigeria’s premium motor spirit (PMS) production has fallen by 1.4 million liters daily following the resumption of…
NACCIMA President Urges Overhaul of Nigeria’s Investment Agencies to Attract…
The President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA),…
CBN Launches New Liquidity Tools to Boost Non-Interest Banking Sector
The Central Bank of Nigeria (CBN) has introduced a suite of innovative liquidity management instruments tailored…
Turkey Targets $5 Billion Trade Goal with Nigeria, Aims for 500% Increase
Turkey has unveiled ambitious plans to increase its trade volume with Nigeria from the current $1 billion to $5…
CBN Holds Interest Rate at 27.5%, Analysts Cite Stabilization Amid Persistent…
The Central Bank of Nigeria (CBN) concluded its 300th Monetary Policy Committee (MPC) meeting by maintaining the…
Nigerian Exchange Rebounds with N540 Billion Market Cap Gain Amid Renewed Investor…
The Nigerian Exchange (NGX) bounced back strongly on Monday, adding N539.98 billion to its market capitalization…
SEC Approves N3.68 Trillion in New Market Issues Amid Strong Investor Confidence…
The Securities and Exchange Commission (SEC) in Nigeria approved a total of N3.68 trillion in new market issues…
Brussels Presses EU Firms for U.S. Investment Details Ahead of Crucial Trade Talks
In preparation for high-stakes trade negotiations with Washington, European Union officials have urged major…
Bank of Ghana Urges Businesses to Use Cedi to Sustain Currency Gains and Calls for…
The Bank of Ghana has called on businesses operating within the country to conduct transactions in the local…
Ghana Gains Competitive Edge from U.S. 10% Tariff, Says Ambassador Palmer
Outgoing U.S. Ambassador to Ghana, Virginia Palmer, highlighted that Ghana benefits from recent global tariff…
World Bank Pressures Nigeria to Raise Sin Taxes as Loan Condition
The World Bank has urged Nigeria to implement higher excise duties on “sin goods” like alcohol, tobacco, and…
BoG Mandates Banks to Hold Reserves in Original Deposit Currencies from June_Ghana
Starting June 5, 2025, commercial banks in Ghana will be required to maintain their cash reserves in the same…