Nigerian Oil Stabilizes at $67 Amid Easing U.S.-China Tensions and Domestic Production Boost
Nigerian crude oil prices stabilized near $67 per barrel this week as global markets showed signs of recovery following recent…
Category: Business
Nigeria’s PMI Rises to 54.0 in September, Signals Stronger Economic Growth — CBN
Nigeria’s economic growth gathered pace in September 2025, as the Central Bank of Nigeria (CBN) reported a significant rise in…
CSW 2025: FCMB recommits to innovation, personalised service
First City Monument Bank says it is marking the 2025 Customer Service Week with a renewed focus on turning everyday…
Fintechs Dominate as Nigerian Startups Join Africa’s $1.1 Billion Funding Boom in 2025
Africa’s technology ecosystem has witnessed a major resurgence in 2025, with startups, led by fintech innovators, raising a remarkable $1.1…
Easing Inflation and Stable Naira Set to Power FMCG Sector Growth in Q3 2025, Analysts Predict
Nigeria’s Fast-Moving Consumer Goods (FMCG) sector is on track for a strong rebound in the third quarter of 2025, as…
SEC Nigeria Embraces Technology to Boost Investor Confidence and Modernize Capital Market Operations
The Securities and Exchange Commission (SEC) of Nigeria has reaffirmed its commitment to leveraging technology as a catalyst for investor…
Nigeria’s Equities Market Hits N6.92 Trillion in 2025 — Highest in 18 Years as Investor Confidence Surges
The Nigerian equities market has recorded its strongest performance in nearly two decades, with transactions on the Nigerian Exchange (NGX)…
Dangote’s Wealth Soars by $497 Million as Nigerian Stocks Rally on NGX
Africa’s richest man, Aliko Dangote, saw his fortune surge by $497 million in the week ending October 10, 2025, as…
Google Grants African Students Free Access to Advanced AI Tools for One Year
In a landmark move to empower Africa’s next generation of innovators, Google has announced free access to its premium AI…
Nigerian Stocks Hit 1-Year High as Investor Confidence Soars Amid Stable FX and Strong Earnings
The Nigerian stock market extended its winning streak last week, climbing to a fresh 52-week high as investor confidence surged…
European Markets Rise Despite Renewed U.S.-China Trade Tensions
European stocks opened higher on Monday, showing resilience amid fresh trade tensions between the United States and China. The pan-European…
Crude Oil Dispute Deepens as Nigerian Refiners Reject 11 Million-Barrel Local Supply Amid Price, Quality Concerns
Nigeria’s crude oil supply dispute has taken a new twist as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that…
Naira Hits 10-Month High as Strong FX Inflows, Investor Confidence Boost Liquidity
The Nigerian naira reached a 10-month high last week, closing at ₦1,455.17 per dollar at the official market, its strongest…
OpenAI Expands ChatGPT Go Plan to 16 Asian Countries, Deepening AI Access Across Emerging Markets
OpenAI has broadened the reach of its affordable ChatGPT Go plan to 16 additional Asian countries, marking a major step…
World Bank Urges Nigeria to Deepen Economic Reforms, Enforce Fiscal Discipline, and Strengthen Transparency
The World Bank has called on the Nigerian government to sustain its current wave of economic reforms by tightening fiscal…
Blue-Chip Stocks Drive NGX Market Capitalization Up by N308bn as Investor Confidence Strengthens
The Nigerian Exchange (NGX) extended its bullish momentum on Thursday, adding ₦308 billion to market capitalization as renewed investor appetite…
European Defense Stocks Fall as Trump-Brokered Middle East Peace Deal Sparks Market Jitters
European markets opened mixed on Friday as investors digested the early stages of a U.S.-brokered Middle East peace agreement and…
FRC, SEC Champion Ethical Corporate Governance as SCGN Marks 20 Years of Integrity and Leadership
As Nigeria continues to navigate waves of technological disruption and economic uncertainty, the Financial Reporting Council of Nigeria (FRC) and…
Banking Expert Supports BoG’s $1.15 Billion Forex Intervention to Stabilize Cedi-GHANA
Ghana’s local currency, the cedi, is set to receive a timely boost as the Bank of Ghana (BoG) injects $1.15…
Asian Stocks Slide Amid Japan Political Uncertainty and China Rare-Earths Controls
Asian stocks stumbled on Friday as investor confidence wavered amid political uncertainty in Japan and rising economic tensions between the…
CBN Launches Payments System Vision 2028, Urges Nigerians and Diaspora to Embrace Digital Financial Inclusion
The Central Bank of Nigeria (CBN) has called on Nigerians at home and in the diaspora to embrace the newly…
YouTube Boosts Nigeria’s Creative Economy with Community-Driven Brand Deals via PluggedIn
YouTube is revolutionizing Nigeria’s creative economy as the platform teams up with Woof Studios to launch PluggedIn, a groundbreaking initiative…
FG Launches National Digital Trustmark to Boost Confidence in Nigeria’s $13bn E-Commerce Sector
The federal government has officially launched the National Digital Trustmark, a landmark initiative aimed at enhancing consumer confidence and transparency…
Nigeria’s Economic Growth Mirage: Stability on Paper, Hardship for Citizens
Nigeria’s economy shows signs of headline stability, but for millions of citizens, the benefits remain out of reach. According to…
SK Hynix and Samsung Electronics Soar to Record Highs as AI Deals Drive South Korean Chip Market
Shares of South Korean tech giants SK Hynix and Samsung Electronics surged to record highs on Friday, fueled by a…
Nigeria’s National Single Window Project to Slash Cargo Clearance Costs and Boost Trade Compliance
The Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Kingsley Igwe, has revealed that…
FG and MAN Collaborate to Boost Non-Oil Exports, Fix EEG Bottlenecks for Economic Growth
The Federal Government (FG) and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to strengthening Nigeria’s non-oil trade…
NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out a new Gas Development Roadmap aimed at unlocking over 55…
NNPC, Sahara Group Unveil Nigeria’s First Fully-Owned Floating Oil Vessel — A Milestone for Energy Independence
In a historic leap for Nigeria’s oil and gas industry, the Nigerian National Petroleum Company Limited (NNPC Ltd), Sahara Group,…
Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind
Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of President Bola…