Global Leaders Urge Fairer Economic Deals and Cooperation to Rebuild Global Growth
As the world grapples with rising fragmentation and mistrust, global economic leaders have called for urgent reforms to rebuild the…
Category: Business
Nigeria Records First Food Price Drop in Over 13 Years as Inflation Eases Sharply
Nigeria’s inflation story took a surprising turn in September 2025, as the country recorded its first month-on-month food deflation in…
Nigerian Stocks Hit Record 148,000 Points as NSLTECH, Sterling Drive Bullish Momentum
The Nigerian stock market continued its bullish run on Wednesday, October 16, 2025, as the All-Share Index (ASI) soared beyond…
Bulls Dominate Nigerian Stock Market as Investors Drive N389 Billion Rally
The Nigerian stock market extended its bullish momentum on Thursday, gaining N389 billion in market value as investors continued to…
Nigeria’s Oil Output Reaches 454 Million Barrels in Nine Months Despite Operational Setbacks
Nigeria’s crude oil and condensate production climbed to 454.28 million barrels between January and September 2025, according to the latest…
CBN Charts Nigeria’s Economic Future in Washington, Targets 7% Growth by 2028
Nigeria’s economic leadership took the global stage in Washington, DC, this week, unveiling a bold and data-driven roadmap toward sustained…
AI Boom Fuels $1 Billion Data Center Race in Nigeria as Tech Giants Bet on Africa’s Digital Future
Nigeria is fast becoming the next battleground for global tech giants racing to build the infrastructure powering artificial intelligence. The…
Dollar Weakens as Fed Rate Cut Expectations Grow Amid U.S. Shutdown and Trade Tensions
The U.S. dollar continued its downward slide on Friday, pressured by renewed trade tensions, a prolonged government shutdown, and growing…
Dangote Refinery Targets 600 Million Litres Monthly to Ease Petrol Shortages in Nigeria
Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery is set to release up to 600 million litres of…
Africa Can Unlock $4 Trillion in Domestic Capital Through Trust, Accountability, and AI – Tony Elumelu
Africa has the potential to mobilize over $4 trillion in domestic capital, but unlocking this wealth requires trust, accountability, and…
Nigerian Stock Market Rebounds with N20 Billion Gain as Investors Return
The Nigerian stock market reversed a brief downturn on Wednesday, posting a modest gain of N20 billion for investors. The…
Nigeria Turns to Locally-Mined Gold to Boost Foreign Reserves and Strengthen Economy
The Federal Government of Nigeria has unveiled a strategic initiative to strengthen the country’s foreign reserves by purchasing locally-mined gold,…
Nigeria Targets 600,000 Barrels Daily Boost as NUPRC Approves $18.2bn Oil Projects
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that fresh oil and gas investments in 2025 could add up…
Ghana, World Bank deepen partnership to boost dev’t across five key sectors
Ghana has taken a major step toward deepening its economic development through a strengthened partnership with the World Bank. Finance…
PoS Operators Warn CBN’s New Agent Banking Rule Could Crush Small Fintechs, Create Monopoly Risks in Nigeria
Point of Sale (PoS) operators across Nigeria have expressed deep concern over the Central Bank of Nigeria’s (CBN) newly released…
Nigeria’s Rate Cut Signals New Economic Direction as Inflation Eases and Growth Prospects Improve
Nigeria’s economy is showing signs of cautious recovery as the Central Bank of Nigeria (CBN) cuts its benchmark interest rate…
Tony Elumelu Calls for Inclusive Digital Prosperity in Africa
Chairman of Heirs Holdings, Tony Elumelu, has called on African governments, financial institutions, and development partners to embrace artificial intelligence…
European Markets Mixed as Investors Weigh Economic Uncertainty and Earnings Outlook
European markets opened on a mixed note Thursday, reflecting ongoing volatility across global exchanges. The pan-European Stoxx 600 edged slightly…
NCC’s Tariff Reform Sparks ₦1 Trillion Telecom Investment, Boosting Nigeria’s Digital Infrastructure
The Nigerian Communications Commission (NCC) has revealed that its recent tariff reforms have attracted over ₦1 trillion in fresh investments…
Digital Encode Becomes Platinum Sponsor for AfriTECH 5.0, Champions Africa’s Digital Sovereignty
Africa’s cybersecurity powerhouse, Digital Encode Limited, has been unveiled as the Platinum Sponsor of the fifth edition of the Africa…
Nigerian Stock Market Value Hits N93.8 Trillion as Bullish Run Continues on NGX — Investors Maintain Optimism
The Nigerian stock market continued its upward momentum on Wednesday, with the Nigerian Exchange Limited (NGX) extending its winning streak…
SEC adopts faster settlement cycle for market efficiency
The Securities and Exchange Commission (SEC) has announced plans to shorten Nigeria’s capital market settlement cycle from T+3 to T+2,…
Brent Crude Plunges 6% Amid US-China Trade Tensions, Struggles to Hold $62 Per Barrel
Global oil markets are facing renewed pressure as Brent crude prices fell more than 6% in October, struggling to maintain…
JUST-IN: Nigeria’s Inflation Rate Falls to 18.02% in September 2025 as Food Prices Ease
Nigeria’s inflation rate continued its downward trend in September 2025, easing to 18.02% from 20.12% in August, according to the…
Regalins, Prestige Assurance Lead Gainers as NGX Closes Flat Amid Decline in Trading Volume
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a quiet note, with the All-Share Index (ASI) slipping marginally by…
NGX Market Loses ₦4bn as Trading Volume Plummets by 58%
The Nigerian Exchange Limited (NGX) witnessed a mild setback on Tuesday, October 15, 2025, as market capitalisation fell by ₦4…
SEC, NUC Partner to Boost Financial Literacy in Nigerian Universities — Aiming to Build a Trillion-Dollar Economy
The Securities and Exchange Commission (SEC) has entered into a landmark partnership with the National Universities Commission (NUC) to enhance…
AI Takes Centre Stage as Companies Boost Cybersecurity Investments, PwC Report Reveals
In a fast-evolving digital world, artificial intelligence (AI) has emerged as the top investment priority for global business and cybersecurity…
Cautious Trading Drags Nigerian Stock Market Down by ₦4 Billion
The Nigerian stock market opened the week on a subdued note as cautious trading activity wiped off about ₦4 billion…
Asia Stocks Rebound Despite U.S.-China Trade Tensions as Investors Bet on Economic Resilience
Asian markets rallied on Wednesday, defying Wall Street’s overnight losses as investors brushed off escalating tensions between the United States…