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Nigeria’s GDP Surges 4.32% in Q2 2025 as Oil and Non-Oil Sectors Drive Growth
Nigeria’s economy has demonstrated strong resilience in the second quarter of 2025, with Gross Domestic Product…
NNPC, PETROAN Push for Technical and Equity Partnership to Revive Port Harcourt…
Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have called on…
NES #31 to Spotlight Investment Opportunities Amid Global Trade Shifts in Nigeria
As Nigeria gears up for the 31st Nigerian Economic Summit (NES #31) from October 6–8, 2025, the spotlight is on…
Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia,…
Nigeria’s e-commerce market is on a steep growth trajectory, projected to exceed $16 billion by 2030, according to…
CBN Mandates Early CEO Approvals for Systemically Important Banks to Strengthen…
The Central Bank of Nigeria (CBN) has introduced a landmark directive aimed at fortifying governance and stability…
FG Revokes 1,263 Mineral Licenses to Boost Compliance and Attract Genuine…
The Federal Government has revoked 1,263 mineral licenses across Nigeria in a major crackdown on non-compliant…
Porsche Shares Drop 7% as Profit Outlook Cut; European Markets Slide Amid U.S.…
European stock markets slipped on Monday morning as investors reacted to a mix of corporate news and political…
Nigerian Stock Market Weekly Report: NGX Turnover Slumps to N85.20bn Despite ASI…
Trading activity on the Nigerian Exchange Limited (NGX) slowed last week as investors exchanged 2.74 billion…
U.S. Inflation Data to Test Fed’s Rate Cut as Markets Eye Friday Report
All eyes are on Washington this week as the Federal Reserve braces for new inflation data that could determine…
Falling Inflation Sparks Rate-Cut Speculation as CBN’s MPC Meets in Abuja
Nigeria’s steadily easing inflation is fuelling expectations that the Central Bank of Nigeria’s (CBN) Monetary…
Dangote Alleges NUPENG Truck Levies Fuel Nigeria’s Pump Price Hikes
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has accused the Nigerian Union of…
Afreximbank’s FEDA Records $40.3 Million Profit in 2024, Expands Impact Across…
The Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank…
Ghana Treasury Bills Oversubscribed as Investor Demand Surges Despite Falling…
Investor appetite for Ghana’s short-term government securities remained strong last week, as Treasury bills were…
Naira Strengthens as CBN Injects $150m, FX Market Turnover Soars 75%
Nigeria’s foreign exchange market saw a dramatic turnaround last week, with the naira regaining ground and trading…
Nigerian Banks Park Surplus Cash at CBN Lending Window as Interbank Market Stalls
Nigeria’s banking sector is swimming in cash, but instead of driving up lending between institutions, banks are…
Nigeria Supplies 67.6 Million Barrels of Crude to Local Refineries, But Demand…
The Federal Government says it delivered over 67.6 million barrels of crude oil to Nigeria’s domestic refineries…
Trump Confirms Murdoch, Oracle and Dell in TikTok U.S. Takeover Talks Amid Push…
The long-running saga over TikTok’s future in the United States is reaching a turning point. President Donald…
Tinubunomics Under Fire: Abuja SMEs Struggle With Rising Costs, Taxes, and…
Small and medium-scale enterprises (SMEs) in Nigeria’s capital city are sounding the alarm over a mounting cost…
Legend Internet Posts Profit Surge but Faces Cash Crunch Amid Rising Costs in…
Legend Internet Plc, Nigeria’s first publicly listed internet service provider (ISP), has delivered stronger…
Afreximbank Warns of $330 Billion MSME Financing Gap in Africa, Calls for…
The African Export–Import Bank (Afreximbank) has sounded the alarm over a staggering $330 billion financing gap…
VFD Group Completes N4.24 Billion Commercial Paper Redemption, Reinforcing…
VFD Group Plc has successfully redeemed its ₦4.24 billion Series 4 Commercial Paper, issued on December 19, 2024,…
Nigerian Stocks Outperform Inflation: What August 2025’s Drop Means for Equity…
Nigeria’s stock market is extending its winning streak, delivering returns well above the country’s cooling…
Continental Stock Soars 32% After Aumovio Spin-Off Amid European Market Gains
European markets opened higher on Friday as investors weighed trade developments and economic data across the…
Nigerian Stock Market Adds ₦309bn as Investors Snap Up Dangote Cement and…
The Nigerian stock market closed firmly in positive territory on Tuesday, adding a hefty ₦309 billion to its value…
Economist Warns Bank of Ghana’s Aggressive Rate Cut Risks Inflation Amid Rising…
Economist Professor Patrick Asuming has cautioned the Bank of Ghana (BoG) over its latest policy decision,…
China Reaffirms Commitment to Nigeria Under Global Governance Initiative (GGI)
China has restated its commitment to working closely with Nigeria and other African nations under the new Global…
Global Economy Shows Resilience Amid Trump’s Trade and Fed Policy Shocks
The world economy is defying expectations in the early months of President Donald Trump’s administration. Despite…
Google’s Equiano Submarine Cable to Boost Nigeria’s Economy by $11.1 Billion and…
Google has announced that its Equiano submarine cable and broader Africa Connect programme will significantly…
Court Halts NUPENG Strike Threat Against Dangote Refinery and Oil Partners
A National Industrial Court sitting in Abuja has stopped the National Union of Petroleum and Natural Gas Workers…
NECA Urges CBN to Cut Interest Rates as Inflation Eases, Calls for Relief for…
The Nigeria Employers’ Consultative Association (NECA) has applauded the steady decline in Nigeria’s inflation…