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FG Scraps 5% Telecom Tax, Relief for Over 170 Million Subscribers
The Federal Government has officially removed the 5% excise duty on telecommunications services, a move expected…
CBN and SEC Approve Wema Bank’s ₦150bn Rights Issue, Pushing Capital Above…
Wema Bank Plc has received the green light from both the Central Bank of Nigeria (CBN) and the Securities and…
Guinness, CILEASING, LIVINGTRUST Lead 10% Surge as NGX All-Share Index Gains 0.21%
The Nigerian Exchange (NGX) closed higher on Wednesday, September 11, as the All-Share Index (ASI) climbed 300.49…
European Stocks Mixed as U.K. Growth Stalls and Vestas Shares Slide on U.S.…
European markets opened without clear direction on Friday as fresh data showed the U.K. economy stagnated in July.…
Nigerian Equities Market Adds ₦191 Billion as Investor Confidence Strengthens
The Nigerian stock market extended its winning streak on Thursday as investors continued to show renewed…
Nigeria Achieves Record Drop in Crude Oil Losses to 9,600 Barrels per Day, Says…
Nigeria’s upstream oil sector has reached a historic milestone, slashing daily crude oil losses to just 9,600…
Generative AI Poised to Add $100 Billion to Africa’s Economy, McKinsey Report…
Africa could unlock as much as $100 billion in additional annual economic value if it embraces generative…
Ghana Stock Exchange Sees 87% Drop in August 2025 Trades Despite Yearly Gains
Trading activity on the Ghana Stock Exchange (GSE) plunged in August 2025, recording one of the steepest monthly…
Ghana’s Cedi Expected to Stabilize Within 5% Depreciation, President Mahama Says
President John Dramani Mahama has projected that the Ghanaian cedi will maintain moderate depreciation in the…
Global Leaders Eye $800 Billion Gulf of Guinea Investment at UNGA Forum
Global business and diplomatic leaders are converging in New York this week as the 80th United Nations General…
NNPC Calls on Global Investors to Unlock Nigeria’s Untapped Oil and Gas Potential
The Nigerian National Petroleum Company Limited (NNPC) has urged international investors to explore Nigeria’s vast…
NUPRC Approves $4.4 Billion Oilfield Decommissioning Plans, Secures $400 Million…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved 94 Decommissioning and Abandonment…
FG Restricts NNPCL Tax Credit Road Contracts Below N20 Billion to Nigerian Firms
The Federal Government of Nigeria has announced that all Nigerian National Petroleum Company Limited (NNPCL) Tax…
Oil Prices Slip Amid U.S. Demand Concerns and OPEC+ Output Rise
Global oil prices eased on Thursday as traders weighed signs of weakening U.S. demand against mounting concerns…
ITU Report: Achieving Global Internet Connectivity by 2030 Will Require $2.8…
A new report from the International Telecommunications Union (ITU), the United Nations agency driving global…
OpenAI Signs $300 Billion Cloud Deal with Oracle, Marking One of the Largest in…
Oracle’s stock surged after trading hours as news broke of a potential landmark deal with OpenAI. According to the…
FG Gazettes Nigeria’s New Tax Reform Laws, Exempts Small Businesses and Cuts…
The Federal Government has officially published Nigeria’s sweeping new tax reform laws in the national gazette,…
Nigeria Must Grow GDP by 22% and Stabilise FX to Achieve $1 Trillion Economy by…
Nigeria will need to sustain an annual GDP growth rate of about 22 per cent and maintain a stable exchange rate of…
NAICOM Orders Insurers to Submit 2024 Capital Compliance Status Under New Minimum…
The National Insurance Commission (NAICOM) has issued fresh guidelines directing insurance and reinsurance…
Afreximbank Unveils $1 Billion African Trade & Distribution Firm to Boost…
The African Export-Import Bank (Afreximbank) has launched a landmark initiative aimed at transforming the way…
Nigeria’s Finance Minister Claims 80% 2024 Budget Execution as 2025 Implementation…
With less than four months to the end of the fiscal year, Nigeria’s Federal Government says it has executed 80 per…
CBN Launches Payments System Vision 2028 to Boost Financial Inclusion, Digital…
The Central Bank of Nigeria (CBN) has unveiled its ambitious Nigeria Payments System Vision 2028 (PSV 2028), a…
Kering Shares Rise 2% as Gucci Owner Delays Valentino Acquisition to 2028 Amid…
European markets opened Thursday on a mixed note as investors awaited fresh guidance from the European Central…
Nigerian Defence Academy Cadets Urged to Embrace Capital Market Investments for…
Graduating cadets of the Nigerian Defence Academy (NDA) have been advised to adopt early and sustained investment…
Agusto & Co Upgrades Heirs Insurance Group Ratings to ‘A1’, Highlighting…
Nigeria’s leading credit rating agency, Agusto & Co., has upgraded the ratings of Heirs Insurance Group’s life…
SEC Urges Nigerian Insurers to Tap Capital Market for Recapitalisation Funds
The Securities and Exchange Commission (SEC) has called on Nigerian insurance companies to seize opportunities in…
Zara Owner Inditex Stock Jumps 7% as Strong Autumn/Winter Sales Reassure Investors
European markets opened higher on Wednesday, buoyed by fresh earnings updates, inflation data, and global trade…
Nigeria’s Telecom Industry Faces Critical Skills Shortage as Operators Push for…
Nigeria’s telecommunications industry is sounding the alarm over a deepening skills gap that threatens its growth…
Nigeria’s Battle Against Inflation: How CBN’s Tough Policies Are Easing Economic…
Nigeria’s economy has long faced headwinds ranging from corruption and insecurity to poor infrastructure and heavy…
Nigerian Bond Market Stays Flat as Investors Hold Positions at 16.97% Yield
The Nigerian bond market closed quietly on Tuesday as investors maintained a cautious stance, leaving the average…