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U.S. Dollar Weakens Amid Trade War Fears, Safe-Haven Currencies Soar
The U.S. dollar is under pressure, trading near a four-month low against major currencies as concerns over a…
Rebased GDP to reveal Nigeria’s underlying economic realities
Nigeria is set to unveil a rebased Gross Domestic Product (GDP) for the first quarter of 2025, a revision that has…
Nigeria’s Economic Recovery Spurs Strong Investor Confidence
Nigeria's economy is showing signs of strong recovery, with inflation easing to 24.5% in January and a steady rise…
Naira Declines Against Dollar Amid Increased Demand and Tight Liquidity
The Naira experienced a reversal of recent gains last week, depreciating against the U.S. dollar in both the…
2025 Budget Crucial for Ghana’s Economic Recovery, Says Finance Minister Ato…
Finance Minister Dr. Cassiel Ato Forson has emphasized the significance of the 2025 Budget in stabilizing Ghana's…
Stakeholders Criticize Inflation Rebase and CBN’s MPC Decision Amid Economic…
The recent rebasing of Nigeria's inflation rate and the Central Bank of Nigeria's (CBN) decision to maintain the…
China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic…
China’s economy is grappling with increasing uncertainty on the international front, as well as domestic…
Nigeria and UK Strengthen Cybersecurity Collaboration
Nigeria and the United Kingdom have joined forces to enhance the country’s cybersecurity capabilities, focusing on…
Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues
Microsoft has reportedly pulled back from certain agreements with CoreWeave, a cloud computing provider, due to…
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu…
The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led…
Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has confirmed that the Ghanaian…
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4…
Stock Market Experiences Continued Downturn with N289bn Loss
The Nigerian stock market continued its decline on March 5, 2025, as the overall capitalization dropped by N289…
United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout…
United Capital Plc (UCAP) has announced a total dividend payout of N2.40 per share for 2024, rewarding…
FCMB’s Continued Support for the Blind Celebrated by FNSB
The Federal Nigeria Society for the Blind (FNSB) has praised First City Monument Bank (FCMB) for its ongoing…
Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion…
The global telecoms industry is expected to see steady revenue growth despite significant challenges, with…
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global…
The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of…
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey…
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since…
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for…
Naira Stability Outlook Strong as CBN Maintains FX Market Interventions
The Central Bank of Nigeria (CBN) is expected to maintain the stability of the naira in the coming weeks through…
Nigeria Secures $50.8 Billion in Global Trade Investment Deals
Nigeria has made significant strides in its economic diversification efforts, securing over $50.8 billion in…
Dubai Leads as Most Digitally Dependent City in 2025
Dubai has claimed the top spot as the most digitally dependent city in the world for 2025, according to a recent…
Nvidia and Broadcom Test Intel’s 18A Chip Process Amid Delays in Foundry Business
Nvidia and Broadcom are reportedly conducting tests on Intel’s 18A chip manufacturing process, a critical step as…
European Markets Drop as Trump Tariffs Impact Autos, Thales Shares Surge
European markets took a sharp downturn on Tuesday amid growing concerns over the global effects of U.S. tariffs on…
Bank of Ghana Suspends Gold-for-Oil Programme Amid Policy Challenges
The Bank of Ghana (BoG) has decided to suspend its Gold-for-Oil program due to operational and policy challenges…
DMO Announces New FGN Savings Bonds Offering Interest Rates of 16.64% and 17.64%
The Debt Management Office (DMO) has introduced two new Federal Government of Nigeria (FGN) savings bonds,…
United Capital Proposes N9bn Final Dividend Following Strong 2024 Performance
United Capital Plc has announced a final dividend of N9 billion, equivalent to 50 kobo per share, for the year…
DeepSeek’s Growth Highlights the Rise of China’s AI Industry, Says…
DeepSeek, a rising AI startup based in Hangzhou, is being hailed as a symbol of China's growing prominence in…
Hedge Funds and Institutional Investors Boost Retail Store Stocks Amid Economic…
In recent months, institutional investors, including hedge funds, have increased their investments in both online…
Cash Crunch Drives 171% Surge in Bank Borrowings from CBN Amid Tight Monetary…
The Central Bank of Nigeria (CBN) has seen a significant rise in bank borrowings, with a 171% increase…