US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since mid-January, with employment…
Category: Business
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 a value-for-money audit…
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 investment commitments from international partners.…
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…
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 both companies evaluate…
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 Mexico,…
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 that resulted…
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, offering attractive interest rates…
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 Official
DeepSeek, a rising AI startup based in Hangzhou, is being hailed as a symbol of China’s growing prominence in artificial…
Hedge Funds and Institutional Investors Boost Retail Store Stocks Amid Economic Uncertainty
In recent months, institutional investors, including hedge funds, have increased their investments in both online and brick-and-mortar retail companies, signaling…
Cash Crunch Drives 171% Surge in Bank Borrowings from CBN Amid Tight Monetary Policy
The Central Bank of Nigeria (CBN) has seen a significant rise in bank borrowings, with a 171% increase month-on-month (MoM)…
GIPC CEO Calls for Diversification of Foreign Direct Investment in Ghana
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has advocated for diversifying Foreign Direct Investment…
Selling Price Inflation Eases in Nigeria, Business Activity Accelerates in February
Nigeria’s selling price inflation slowed to a seven-month low in February, according to the latest Stanbic IBTC Bank Nigeria Purchasing…
CBN Strengthens Nigeria’s Financial System with Strategic Policy Recalibration
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, is recalibrating its monetary policy tools to…
Nigeria and UK Strengthen Trade Relations with National Quality Policy to Drive Economic Growth
Nigeria and the United Kingdom have reinforced their commitment to enhancing bilateral trade and economic growth through the implementation of…
China to Launch Policy Supporting Nationwide RISC-V Chip Adoption
China is set to issue a policy to promote the use of open-source RISC-V chip technology nationwide, aiming to reduce…
Etranzact Ghana Named ‘Fintech Company of the Year’ at 2025 Ghana Fintech Awards
Etranzact Ghana, a leader in payment technology services, was awarded the prestigious ‘Fintech Company of the Year’ title at the…
U.S. Consulate Partners to Empower 120 Nigerian Technicians for Economic Growth
The U.S. Consulate General Lagos has collaborated with the Field of Skills and Dreams VTE Academy to launch the Emerging…
Stock Market Begins March on a Negative Note, Drops by 0.34%
The Nigerian stock market opened March 2025 on a downturn, as investors engaged in profit-taking across various stocks, including NASCON…
CBN Enhances Oversight to Safeguard Nigeria’s Financial System
The Central Bank of Nigeria (CBN) is intensifying efforts to ensure a transparent and resilient financial system by strengthening regulatory…
Nigeria’s Key Economic Sectors Stagnant, Urgent Reforms Needed for Growth – Economist
Nigeria’s economy has been facing significant challenges, with key sectors that are crucial for its economic growth remaining stagnant or…
Ten Stockbrokers Trade Over N601 Billion on NGX in First Two Months of 2025
In the first two months of 2025, ten stockbrokers on the Nigerian Exchange Limited (NGX) facilitated transactions totaling N601.078 billion,…
Ghana’s T-Bill Rates Plummet to New Lows: What’s Next for Investors?
On February 28, 2025, treasury bill rates saw a remarkable drop, marking one of the most significant declines in decades.…
NGX Group Sees 157.3% Surge in Profit, Reaches Record N13.6 Billion for 2024
NGX Group has reported a significant profit before tax (PBT) of N13.6 billion for the year ending 31 December 2024,…
Bitcoin Rallies Over 20% After Trump Announces Strategic Crypto Reserve
Bitcoin surged over 20% from last week’s lows after U.S. President Donald Trump announced plans to include cryptocurrencies like Bitcoin,…
CBN Enhances Financial Oversight to Strengthen Compliance with Global Banking Standards
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to reinforcing the nation’s financial sector by enhancing regulatory oversight,…
South Africa Fines Google R500 Million and Investigates Tech Giants Over Advertising Imbalance
South Africa’s Competition Commission has launched an investigation into major tech companies, including Google, X, and Meta, for their role…
Strategies for Staying Authentically Informed in the Digital Age
Staying informed as a citizen in the digital age has become increasingly complex due to the abundance of information, misinformation,…