Airbus and others call for sovereign infrastructure fund, buy European
In a joint open letter, Airbus, Dassault Systemes, and over 90 smaller European tech firms are calling on European Commission…
Category: Business
NSIA, Partners Launch $500 Million Fund to Boost Renewable Energy in Nigeria
The Nigeria Sovereign Investment Authority (NSIA), Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA), and Africa50 have launched…
Mixed Market Sentiments Persist as Investors Rebalance Portfolios Amid Selloffs
The Nigerian stock market experienced mixed sentiments last week, as portfolio reshuffling and selloffs dominated trading activity. For the third…
SEC to Publicly “Shame” Capital Market Offenders in New Enforcement Strategy
The Securities and Exchange Commission (SEC) of Nigeria has unveiled a bold new approach to tackle violations within the country’s…
Bank of Ghana Appoints New Board of Directors to Tackle Economic Challenges
The Bank of Ghana has officially inaugurated a new Board of Directors to address the nation’s economic challenges and reinforce…
Reps Revise Tax Reform Bills, Retain 7.5% VAT, and Amend Revenue Sharing Formula
The House of Representatives has amended President Bola Tinubu’s contentious tax reform bills, addressing key concerns raised by various stakeholders.…
One-Year T-Bills Yield Soars to 22.52% Amid Liquidity Challenges
In a surprising development, the Central Bank of Nigeria (CBN) sold its one-year Treasury bills at a yield of 22.52%,…
Experts Stress Research’s Key Role in Economic Growth at Omniverse Africa Summit 2025
The Research Exchange event, part of the Omniverse Africa Summit 2025, underscored the vital role of research in fostering economic…
Stock Market Declines by N48.45bn Amid Sell-Off on Key Stocks
The Nigerian stock market continued its downward trend yesterday, dropping by N48.45 billion, marking its second consecutive day of decline.…
CBN Leadership Overhaul Aimed at Boosting Efficiency and Productivity
The Central Bank of Nigeria (CBN) has appointed 16 new directors as part of a strategic overhaul to improve its…
UK and Nigeria Launch Creative Industries Technical Working Group
In a significant move towards strengthening bilateral relations, the United Kingdom and Nigeria have officially launched the Creative Industries Technical…
Africa’s Progress in Data Protection: Key to Secure Digital Finance Growth
A new report by Yellow Card highlights Africa’s significant strides in data protection, underscoring the critical role of strong data…
FCMB Empowers 44,278 Entrepreneurs Nationwide Through Business Growth Training
First City Monument Bank (FCMB) has successfully empowered 44,278 entrepreneurs through its Business Empowerment Sustainability and Training (BEST) masterclass programme…
FTC Pushes Forward with Antitrust Probe Into Microsoft’s Market Practices
The U.S. Federal Trade Commission (FTC) is continuing its broad antitrust investigation into Microsoft, which was initially launched during the…
Telcos Boost Investments to Meet Surging Data Demand in Nigeria
Telecommunication giants MTN Nigeria and Airtel Africa have ramped up their investments in network infrastructure to meet the growing demand…
Ghana’s Telecom and Digital Finance Sectors Seek Urgent Policy Support for Growth and Innovation
The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana are urging lawmakers to prioritize policies…
OpenAI Unveils New Developer Tools Amid Growing Competition from Chinese AI Startups
OpenAI has introduced new developer tools aimed at enhancing the creation of advanced AI agents. These tools are built to…
Defense Stocks Boost European Markets Amid EU Retaliation to Trump Tariffs
European markets saw broad gains on Wednesday, as investors reacted positively to the European Union’s announcement of retaliatory tariffs on…
Economist Criticizes Ghana’s 2025 Inflation Goal as Too Ambitious Despite Recent Progress
Economist Professor Patrick Asuming has expressed concerns over the government’s 2025 inflation target of 11.9%, labeling it as “a little…
FCMB Launches Business Transformation Masterclass to Empower Entrepreneurs
First City Monument Bank (FCMB) has introduced its Business Empowerment and Sustainability Training (BEST) Masterclass, aimed at equipping business owners…
Foreign Trade in Nigeria Soars to N138 Trillion Amid Naira Devaluation
Nigeria’s foreign trade reached a major milestone in 2024, with total merchandise trade growing by a remarkable 106.6%, amounting to…
AGI Criticizes Proposed Increase in Growth and Sustainability Levy- GHANA
The Association of Ghana Industries (AGI) has expressed strong objections to the proposed increase in the Growth and Sustainability Levy.…
FG Expands Bond Listings with Over 900 Million Units on Nigerian Exchange Limited
The Federal Government of Nigeria has expanded its bond listings with an additional 910.3 million units of its existing February…
Bears Return to Nigerian Exchange, Market Loses N285bn in Capitalization
The Nigerian Exchange (NGX) experienced a bearish trend on Tuesday, with the market losing N285 billion in capitalisation, largely driven…
Nigeria’s Competitiveness Reaches 25-Year High Amidst Weak Naira
Nigeria’s economic competitiveness has surged to its highest level in 25 years, thanks to a significant devaluation of the naira.…
AI and Africa’s Sustainability: Embracing Innovation for Growth
In Africa, artificial intelligence (AI) is gradually reshaping how businesses operate and is offering solutions to longstanding challenges. For many…
Firm seeks SEC approval for crowdfunding platform
Promiseland Building and Construction Limited has formally applied to Nigeria’s Securities and Exchange Commission (SEC) for approval to operate a…
FG Targets Wealth Creation with N1.5tn BOA Recapitalization
The Nigerian Federal Government has unveiled plans to inject N1.5 trillion into the Bank of Agriculture (BOA) as part of…
Local Brands’ Global Participation Key to Boosting Nigeria’s GDP, Experts Say
Economic experts have emphasized that Nigeria’s economic growth is closely tied to the participation of indigenous brands in global value…
Nigerian Equity Market Opens Week with N52bn Gain
The Nigerian stock market began the trading week on a positive note, with a notable increase in market capitalization by…