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MTN Ghana Reports 34% Revenue Growth and Announces Dividend Payout for 2024
MTN Ghana has delivered strong financial results for 2024, showcasing a remarkable 34.5% year-on-year increase in…
Nigeria Calls for Global Unity to Address Urbanization Challenges Amid Global…
Nigeria's government has called for innovative solutions and enhanced international cooperation to tackle the…
US Suspends Financial Contributions to WTO Amid Review of Global Commitments
The United States has temporarily halted its financial contributions to the World Trade Organization (WTO) as part…
Nigerian Stock Market Suffers N31bn Loss Amid Mixed Sector Performances
The Nigerian Exchange Limited continued its downward trend on Thursday, with the market capitalisation dipping by…
Stakeholders Advocate for Boosting Local Capital to Fuel Impact Investments in…
At the 2025 Investors Roundtable in Lagos, key stakeholders from the financial, investment, and development…
TotalEnergies Achieves GHS 286M Profit in 2024 and Contributes GHS 1.7B in Taxes…
TotalEnergies Marketing Ghana PLC reported a notable increase in profits for 2024, posting GHS 286.67 million in…
Nigeria Faces Economic Slowdown as Money Supply Declines for the First Time
Nigeria's economic outlook is growing increasingly uncertain as the country experiences its first decline in money…
Intel Announces Major Board Changes as CEO Pushes for Turnaround
Intel Corp. has announced that three of its board members will retire and not seek reelection at the company's…
Bank of America Sees 80% Surge in Mortgage Applications in Q1
Bank of America has reported a significant 80% jump in mortgage applications during the first quarter of 2025,…
mediaReachOMD Launches AI-Driven OCI 2.0 to Revolutionize Consumer Insights
In celebration of its 25th anniversary, mediaReachOMD has unveiled OCI 2.0, the latest evolution of its…
Trump Threatens Larger Tariffs on Canada, EU Over Economic Harm to U.S.
U.S. President Donald Trump has warned that he could impose significantly higher tariffs on Canada and the…
Global Stocks Drop as Trump Announces New Auto Tariffs, China Defies the Trend
Global stock markets took a hit on Thursday following U.S. President Donald Trump’s announcement of new 25%…
Nigeria’s Broadband Penetration Reaches 45.61% Despite Decline in Telecom…
Nigeria's broadband penetration has shown consistent growth, reaching 45.61% as of January 2025, with a total…
NGX Market Capitalisation Drops by N74bn Amid Bearish Market Trend
The Nigerian Exchange Limited (NGX) experienced a decline in market capitalisation by N74 billion at the close of…
CBN’s Strategic Forex Reforms Boost Naira Stability Amid Economic Recovery
Nigeria’s Central Bank (CBN) has made significant strides to stabilize the naira by enhancing the country’s…
Nigerian Startups Dominate West African Funding, Cornering 80% of Investments
Nigeria remains the undisputed leader in West Africa’s startup ecosystem, securing a dominant 80% of the region’s…
Stakeholders to Address Nigeria’s Declining Consumer Purchasing Power at…
The 2025 Industry Summit & Awards is set to tackle the critical issue of declining consumer purchasing power…
Dangote Refinery Faces Backlash Over Dollar Sales, Expands Exports and Boosts…
Oil marketers in Nigeria, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria…
Ghana’s Government to Settle $1.1 Billion Debt to ENI Amid Energy Sector…
The government of Ghana is set to pay $1.1 billion in 2025 to ENI, an energy company, to settle outstanding debts…
OpenAI Unveils GPT-4o-Powered Image Generation Directly in ChatGPT
OpenAI has integrated a powerful new image generation tool into ChatGPT, leveraging its advanced GPT-4o model.…
Nigeria’s Banking Recapitalisation: A Path to Economic Diversification and…
Nigeria's ongoing banking recapitalization exercise is expected to play a crucial role in shaping the country's…
Inflation Eases for Second Consecutive Month in Nigeria, Analysts Cite FX…
Analysts have highlighted the role of relative stability in Nigeria's foreign exchange (FX) market in easing…
European Investors Urge AI Companies to Show Quick Returns Amid Rising Pressure
European investors are growing increasingly impatient with AI companies that have spent heavily on generative…
Nigeria’s Digital Payments and Financial Inclusion Set to Reach $1.5…
The digital payments sector in Nigeria and across Africa is projected to reach $1.5 trillion by the end of the…
CBN Governor Cardoso Reaffirms Commitment to FX Stability and Inflation Control
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the institution's dedication to stabilizing…
Ghana’s Finance Minister Assures Capital Market Reopening and Debt Repayment…
Finance Minister, Dr. Cassiel Ato Forson, emphasized the importance of reopening Ghana's capital markets,…
Nigerian DisCos Face 33% Revenue Shortfall in 2024 Amid Metering Issues and Poor…
In 2024, Nigeria's electricity distribution companies (DisCos) experienced a significant 33% revenue shortfall,…
DICE 3.0: Africa’s Premier Tech and Business Networking Event Set for April…
DICE 3.0, the latest edition of the premier digital economy mixer, is set to take place on April 3, 2025.…
NGX Group, CBN, and MinieMoney Empower Nigerian Students with Financial Literacy…
In a bid to promote financial inclusion, the Nigerian Exchange Group (NGX Group), the Central Bank of Nigeria…
China’s DeepSeek Unveils Advanced AI Model to Challenge OpenAI
Chinese AI startup DeepSeek has launched a significant upgrade to its V3 large language model, DeepSeek-V3-0324,…