Nigeria’s Economic Rebase Offers New Growth Opportunities for Businesses and Consumers in 2025
Nigeria has entered 2025 at a crucial economic crossroads, following a period of substantial reforms designed to reshape its financial…
Category: Business
Ghana’s 2025 Budget Allocation to Agriculture Deemed Insufficient by Agri-Impact CEO
In the 2025 national budget, only GH¢1.5 billion, representing 0.54% of the total GH¢279 billion, has been allocated to the…
Nigeria’s Inflation Crisis: Erosion of Savings and Wealth Strikes Hard
Nigeria’s inflation crisis has escalated, eroding the wealth of millions of citizens and making it increasingly difficult to save or…
Google’s $32 Billion Wiz Acquisition Deal Sped Up After Trump’s Inauguration
Google’s deal to acquire Israeli cybersecurity firm Wiz, valued at $32 billion, gained significant momentum after Donald Trump’s inauguration in…
BOJ Holds Interest Rates Amid U.S. Tariff Uncertainty and Inflation Concerns
The Bank of Japan (BOJ) decided to keep its short-term policy rate unchanged at 0.5% during its latest meeting on…
Stock Market Sees N266bn Loss Amid Profit-Taking in BUA Cement and Other Stocks
The Nigerian stock market experienced a decline of N266 billion on the back of profit-taking, particularly in BUA Cement, which…
CBN Approves Greenwich Holdings Structure to Strengthen Financial Group’s Growth
The Central Bank of Nigeria (CBN) has granted approval for the establishment of Greenwich Holdings Limited as the new financial…
AI to Revolutionize Marketing Strategies, MediaFuse-Dentsu Pioneers Change
MediaFuse-Dentsu Nigeria has announced its plans to revolutionize marketing communications with artificial intelligence (AI)-driven integrated growth solutions. This move was…
UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost Production
Savannah Energy, a UK-listed independent energy company, has successfully completed its acquisition of Sinopec International Petroleum Exploration and Production Company…
Adebiyi: Telecom Industry Driving Nigeria’s Digital Economy and Financial Inclusion
Adekunle Adebiyi, the founder of Whistles Alliance Integrated Services and former Chief Sales and Distribution Officer at MTN Nigeria, shares…
AGI President Applauds Ghana’s 2025 Budget as Promising and Business-Friendly
The President of the Association of Ghana Industries (AGI) for Greater Accra, Tsonam Akpeloo, has expressed strong support for Ghana’s…
Nigeria’s Inflation Drop Not Reflecting in Goods Prices, Says Economist
In a recent interview, Professor Segun Ajibola, a renowned economist and former president of the Chartered Institute of Bankers, discussed…
Ghana Removes E-Levy and Betting Tax to Boost Financial Inclusion – Deputy Finance Minister
In a significant policy shift, the Ghanaian government has abolished the Electronic Levy (E-Levy), betting tax, and other taxes as…
Nigeria and Brazil Sign $8 Billion Green Initiative to Boost Agricultural Productivity
On March 17, 2025, Nigeria and Brazil officially launched the commercial phase of the $1.1 billion Green Imperative Project (GIP),…
Bearish Market Opening: Investors Lose N7.8bn as ASI Drops 0.15%
The Nigerian stock market started the week with a bearish performance, as the All-Share Index (ASI) dipped by 0.15%, closing…
Nigeria Partners with Cyberpedia on AI-driven Initiative to Combat Misinformation
The Presidential Office of Digital Engagement and Strategy (PODES) has teamed up with Cyberpedia Internet Governance, an African AI, Data,…
Dr. Amin Adam Criticizes Ghana’s 24-Hour Economy Policy as Deceptive Without Adequate Funding
Former Finance Minister Dr. Mohammed Amin Adam has raised concerns about the Mahama government’s proposed 24-hour economy policy, suggesting that…
Hong Kong Stocks Surge to Three-Year High Amid Positive China Outlook
Hong Kong’s stock market reached a three-year high on March 18, with the Hang Seng Index rising by 2%. This…
Google to Partner with MediaTek on Next-Gen AI Chips
Google is reportedly preparing to collaborate with Taiwan’s MediaTek to develop the next version of its Tensor Processing Units (TPUs)…
Bearish Market Trend Continues as NGX Loses N8bn Amid Ongoing Sell-offs
The Nigerian Exchange Limited (NGX) experienced another decline on Monday, shedding N8 billion as market sentiment remained negative. The benchmark…
Rand Merchant Bank Economic Forum Highlights Key Strategies for Navigating Nigeria’s Reform Challenges
Rand Merchant Bank Nigeria (RMB) hosted a high-profile economic forum in Lagos to address Nigeria’s evolving reform landscape. The event,…
FCMB Group Launches ‘The Power of the Group’ Campaign
FCMB Group Plc, a leading financial services holding company, has launched a new thematic campaign, The Power of the Group. At…
Intel’s New CEO Lip-Bu Tan Eyes Bold Overhaul of Manufacturing and AI Operations
Intel’s newly appointed CEO, Lip-Bu Tan, is planning a major overhaul of the company’s manufacturing and artificial intelligence (AI) operations.…
Naira Depreciates Amid Global Trade War and Forex Outflows: CBN Intervenes to Boost Supply
The ongoing trade tensions between the United States and several countries, including China and the European Union, have triggered foreign…
Ghanaians seek extra income to manage rising costs
Many Ghanaians are seeking additional sources of income to navigate the challenges of stagnant wages and escalating living costs. A…
Kasief Isaacs Appointed CEO of Creation Capital to Drive Growth and Innovation
Creation Capital has appointed Kasief Isaacs as its new Chief Executive Officer, effective March 2025. With over 30 years of…
Adenia Partners Strengthens Investment Committee with Franck Falézan Appointment
Adenia Partners, a prominent private equity firm with a focus on growth opportunities in Africa, has appointed Franck Falézan to…
Falling Petrol Prices Threaten Nigeria’s Oil and Gas Stocks as Dangote Refinery Shakes Up Market
The competition between Dangote Refinery and petrol marketers is putting immense pressure on Nigeria’s oil and gas stocks, creating uncertainty…
NGX Faces Pressure from Key Lagging Stocks: Insurance & Oil & Gas Sector Struggles in 2025
Nigeria’s stock market has seen a modest 3.20 percent rise in 2025, but this performance is overshadowed by the underwhelming…
US-EU tariff clash imperils $9.5 trillion of business, AmCham warns
The ongoing U.S.-European tariff conflict is endangering an estimated $9.5 trillion in annual business activity, according to a warning from…