Google Warns Executives of High-Volume Extortion Emails Claiming Oracle Data Breach
Google has issued a warning to executives across multiple organizations after hackers allegedly sent extortion emails claiming to have stolen…
Category: Business
Global Stocks Rise as U.S. Shutdown Sparks Safe-Haven Demand and Fed Rate-Cut Bets
Global stock markets edged higher on Thursday as investors weighed the economic fallout from a potential U.S. government shutdown, while…
Group Warns of External Plots Against Dangote Refinery, Urges Protection of Nigeria’s Energy Giant
The Stand-Up South South Security Group has raised alarms over what it described as external efforts aimed at frustrating the…
Pension Funds Expand Foreign Investments as PenCom Issues New Guidelines
Pension Fund Administrators (PFAs) and Closed Pension Fund Administrators (CPFAs) are increasingly shifting funds into foreign assets as Nigeria continues…
Experts Say NIIRA 2025 Will Boost Economic Growth, Strengthen Insurance Sector in Nigeria
The recently enacted Nigeria Insurance Industry Reform Act (NIIRA) 2025 has been described by industry leaders as a game-changer that…
Stock Market Investors Gain N1.8 Trillion in September Amid CBN Reforms
Investors in Nigeria’s stock market smiled to the bank in September 2025, as market capitalization surged by N1.8 trillion on…
Nigerian Farmers Launch Digital ID and Database to Strengthen Food Security and Access to Support
The All Farmers Association of Nigeria (AFAN) has introduced a groundbreaking digital identity card and database platform to properly register…
Bank of Ghana Unveils Virtual Asset Bill to Ensure Safer Digital Transactions
The Bank of Ghana (BoG) has taken a bold step toward regulating the country’s fast-growing digital asset market with the…
Nigeria Spends $2.86bn on Debt Servicing in Eight Months, CBN Data Reveals
Nigeria has spent a staggering $2.86 billion servicing external debt between January and August 2025, according to new figures from…
Oil Prices Dip to 17-Week Low Amid U.S. Government Shutdown and OPEC Output Concerns
Global oil prices slipped to their lowest levels in 17 weeks as traders reacted to a combination of political and…
Samsung, SK Hynix Stocks Hit One-Year Highs After OpenAI Partnership Boosts Investor Confidence
South Korea’s leading chipmakers, Samsung Electronics and SK Hynix, surged to their highest stock levels in a year on Thursday,…
Elon Musk’s Net Worth Hits $500 Billion, Becomes First Person in History to Reach Half a Trillion
Elon Musk has set yet another world record, becoming the first individual in history to cross the $500 billion net…
SEC Urges Nigerian Youth to Build Wealth Through Capital Market Investments
The Securities and Exchange Commission (SEC) has urged Nigerian youth to embrace the capital market as a pathway to building…
NNPC Counts Heavy Losses as PENGASSAN Halts Strike Against Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has revealed that the recent three-day strike by the Petroleum and Natural…
Nigerian Fintech Leaders Engage Regulators and Lawmakers to Shape Inclusive Growth Framework
Nigeria’s fast-growing financial technology industry is strengthening its ties with government regulators and lawmakers to accelerate innovation and financial inclusion.…
Court Blocks PENGASSAN From Cutting Gas Supply to Dangote Refinery Amid Labour Dispute
The National Industrial Court in Abuja has issued a temporary order stopping the Petroleum and Natural Gas Senior Staff Association…
NGX Introduces N150 Million Capital Gains Tax Exemption to Boost Nigerian Investors
The Nigerian Exchange Group (NGX) has announced a significant tax relief for investors in the country’s capital market, unveiling a…
NNPC, Dangote Refinery Ink New Two-Year Crude Supply Deal to Boost Domestic Fuel Stability
The Nigerian National Petroleum Company Limited (NNPC) has signed a fresh two-year crude oil supply agreement with Dangote Petroleum Refinery,…
Dangote Refinery Strike: PENGASSAN Defies Court Order, Vows to Continue Industrial Action
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has vowed to continue its strike at Dangote Petroleum…
Nairobi Securities Exchange Secondary Bond Market Hits Record KSh 2 Trillion Turnover in 2025
The Nairobi Securities Exchange (NSE) has achieved a historic milestone as its secondary bond market surpassed KSh 2 trillion in…
Tullow Exits Kenya as Gulf Energy Takes Over Turkana Oil, Government Ramps Up Commercialisation
After 14 years in Kenya, British oil explorer Tullow Oil has officially exited the country, selling its entire Kenyan operations…
ECG Records Historic GH¢1.74 Billion Revenue in July 2025 Amid Major Reforms
The Electricity Company of Ghana (ECG) has hit a historic milestone, raising GH¢1.74 billion in revenue in July 2025, marking…
European Markets Open Higher as Lufthansa Cuts 4,000 Jobs, Spain’s Inflation Rises
European stock markets started the week on a positive note on Monday, shrugging off worries about a possible U.S. government…
NGX Urges Nigeria to Harness Blue Bonds for Maritime Growth and $10bn Investment Drive
Nigeria’s vast maritime resources could soon power a new wave of economic growth if the country embraces innovative financing tools…
Venture Capital’s AI Services Bet Faces Hidden Challenges as “Workslop” Costs Mount
Venture capital firms are racing to apply artificial intelligence to traditional services businesses, convinced they can replicate software’s sky-high margins.…
Experts Rank Nigeria Among World’s Poorest in Trade and Property Rights, Call for Urgent Reforms
Nigeria’s trade and investment environment is under fresh scrutiny as experts warn that the country’s restrictive policies and weak legal…
Nigeria’s External Reserves Surge to $42.2 Billion — Highest in Six Years Amid Oil Output Gains and FX Reforms
Nigeria’s foreign exchange buffer has reached its strongest level in more than six years, crossing the $42 billion mark despite…
Dangote Refinery Warns PENGASSAN Strike Could Disrupt Fuel Supply for 230 Million Nigerians
Nigeria’s largest private oil refinery, Dangote Refinery, has raised alarm over an ongoing nationwide strike by the Petroleum and Natural…
China’s Stock Market Surge: AI and Chips Drive a Powerful Rally — But Is a Bubble Brewing?
China’s stock market is on a powerful upswing, with the benchmark CSI 300 index climbing about 16% since the start…
Federal Government Reassures Nigerians of Stable Fuel Supply, Naira-for-Crude Deal Continues
The Federal Government has assured Nigerians that there will be no disruption in the supply of petrol and other refined…