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Experts Predict Strong Q4 GDP Growth in Nigeria but Full Year May Fall Short
Nigeria's economy is projected to see a strong Q4 2024 GDP growth, surpassing the 3.46% recorded in Q3 2024.…
Strong Demand for Bank of Ghana Treasury Bills as Rising Interest Rates Influence…
The Bank of Ghana's latest treasury bills auction, held on February 21, 2025, revealed strong demand for…
Tinubu Vows Support for Fintech Growth in Nigeria
President Bola Tinubu has pledged his administration's commitment to supporting the growth of the financial…
Stock Market Experiences N231bn Loss as Bearish Trends Persist
The Nigerian stock market started the week on a negative note, with significant losses amounting to N231 billion.…
Naira Strengthens Against Major Currencies Following EFEMS Introduction
The Naira has shown significant improvement against major foreign currencies, including the British Pound, Euro,…
Young Nigerians Positioned to Drive AI Growth for Economic Prosperity
Victor Benjamin, the West/South-South Director for Young Professionals for Tinubu, has emphasized that young…
CBN Pledges to Enhance Nigeria-Saudi Economic Relations
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has reaffirmed the bank's commitment to…
Nigeria’s Currency in Circulation Reaches N5.24 Trillion, 90.4% Held Outside…
Nigeria's total currency in circulation hit a record high of N5.24 trillion in January 2025, reflecting a 43.5%…
Brazil’s JBS to Invest $2.5 Billion in Ogun State’s Livestock Industry
In a major boost to Nigeria's livestock sector, JBS, the world’s largest protein producer based in Brazil, has…
Bank of Ghana Signals Review of Cash Reserve Ratio to Ease Liquidity Strain
The Bank of Ghana (BoG) has signaled its intention to gradually review the Cash Reserve Ratio (CRR) for commercial…
COMAC vows to resist policies that threaten local investment-GHANA
The Chamber of Oil Marketing Companies (COMAC) has expressed strong opposition to policies that could harm local…
Nigeria Seeks Saudi Investment for Infrastructure Development
The Nigerian government has initiated discussions with the Saudi Fund for Development (SFD) regarding potential…
Indian Tech Sector Poised for Strong Growth, Set to Cross $300 Billion by FY26,…
India’s technology sector is on track for accelerated growth in fiscal year 2025, according to the National…
Thai Finance Minister Advocates Interest Rate Cut to Stimulate Economic Growth
Thailand's finance minister, Pichai Chunhavajira, has indicated that the country's low inflation provides an…
AfDB Report: Africa’s Economic Growth Shows Improvement Despite Global Challenges
The African Development Bank (AfDB) has revealed signs of economic recovery for Africa in its 2025 Macroeconomic…
Dangote Refinery Holds Over 500 Million Litres of PMS, Aims to Export 60% of…
Dangote Industries Limited (DIL) has made significant strides in Africa's energy sector, with President Aliko…
Financial Inclusion Key to Nigeria’s Economic Development, Says CBN
The Deputy Governor for Financial Systems Stability at the Central Bank of Nigeria (CBN), Mr. Philip Ikeazor,…
Olam Group Sells 44.6% Stake in Agribusiness to Saudi Fund for $2.35 Billion
Olam Group, based in Singapore, announced on February 24, 2025, that it will sell a 44.58% stake in its…
US Demands EU Clarification on Antitrust Rules for Big Tech
U.S. House Judiciary Chair Jim Jordan has demanded clarification from EU antitrust chief Teresa Ribera on how the…
European Markets Surge as Germany’s Election Results Boost Investor…
European stock futures and the euro climbed on Monday after Germany's election results yielded a mainstream…
Equity market gains N1.83tn in one week
The Nigerian equity market recorded a gain of N1.83 trillion last week, as the All-Share Index and Market…
US companies swap dollar bonds into euros to lower funding costs
U.S. companies with international operations are increasingly using cross-currency swaps to convert their dollar…
CBN Is Likely to Retain Interest Rates Amid Economic Concerns – Coleman Wires CEO
Ahead of the next meeting of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), industry…
Cloud Expo 2025 Set to Boost Africa’s $180bn Digital Economy
The IoT West Africa and Data Centre Cloud Expo 2025, co-located with Power and Water Nigeria, is set to be a…
CBN Mandates Banks to Publish Details of Dormant Accounts and Unclaimed Funds
In a notable shift in policy, the Central Bank of Nigeria (CBN) has directed banks and financial institutions to…
European Stocks Mixed as Schneider Electric’s Strong Profit Boosts Market…
European stock markets were mixed on Thursday morning, following a flurry of earnings releases across the…
CSCS Launches Upgraded RegConnect Version 2 to Improve Data Exchange for…
The Central Securities Clearing System Plc (CSCS) has unveiled an enhanced version of its web-based application…
Naira Appreciates to N1,535 per Dollar in Black Market Amid Improved Liquidity
The naira has gained value in the parallel (black) market, reaching N1,535 per dollar, driven by a reduction in…
The Urgent Need for Homegrown Venture Capital in Ghana’s Startup Ecosystem
For years, Ghana’s startup ecosystem, like many African nations, has thrived with the help of foreign donors such…
Wealth Soars by N505 Billion Amid Gains in BUA Foods, Eterna, and Others
The Nigerian Exchange Limited (NGX) closed on a positive note yesterday, reversing previous losses, thanks to…