Browsing Category
Business
Nigeria Earns N5.21tn from Oil Sales in H1 2025, Faces Revenue Target Pressure…
The Federal Government of Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…
Marketers Rush to Secure Direct Deals as Dangote Refinery Launches August 15 Fuel…
Petroleum marketers across Nigeria are intensifying negotiations with Dangote Petroleum Refinery Ltd. ahead of its…
Ghana’s Financial Sector Assets Surge to GH₵525bn in 2024 Despite Lower GDP Share
Ghana’s financial sector recorded substantial growth in 2024, with total assets climbing by 34.6% to GH₵525.59…
Elon Musk’s xAI Plans Legal Action Against Apple Over Alleged App Store Antitrust…
Elon Musk announced on Monday that his artificial intelligence startup, xAI, will take legal action against Apple,…
European Markets Poised for Positive Start as Global Trade Talks Take Center Stage
European markets are expected to open the week on a positive note, with futures data indicating modest gains…
NCC Enforces 5-Year Ban on Former Telecom Regulators Joining Operators to Boost…
The Nigerian Communications Commission (NCC) has unveiled new corporate governance guidelines that impose strict…
Petrol Prices Surge to ₦900/Litre Despite Crude Oil Drop; Marketers Predict…
Petrol prices across parts of Nigeria have surged past ₦900 per litre despite a recent decline in global crude oil…
Asian Markets Rally as US-China Tariff Truce Boosts Investor Confidence
Asian stock markets gained on Tuesday, with Japan’s Nikkei reaching an all-time high, as the United States and…
Global Markets Rally as U.S.–China Tariff Truce Extended; Focus Shifts to Key…
Global markets started the day on a strong note after the United States and China agreed to extend their tariff…
First Securities Brokers Leads NGX in July with ₦414.46bn Trades, Secures Top Spot…
First Securities Brokers Limited, a subsidiary of First Holdco Plc, has emerged as the top-performing brokerage…
NGX Opens Week Positive as Investors Gain ₦79.6bn on Renewed Buying Interest
The Nigerian Exchange Limited (NGX) kicked off the new trading week on a positive note as the All-Share Index…
Tinubu Approves Landmark Pension Reforms for DBS Retirees Under Renewed Hope…
President Bola Ahmed Tinubu has endorsed significant reforms aimed at improving the welfare of retirees under…
Apple Shares Surge 13% After CEO Tim Cook’s White House Visit, Announces $100…
Apple experienced its largest weekly stock gain since July 2020, with shares rising 13% after CEO Tim Cook joined…
European Shares Rise Amid Trade Optimism; Orsted Shares Plunge on $9.4 Billion…
European stock markets opened higher on Monday, buoyed by positive sentiment around global trade developments. The…
SEC DG Agama Named Vice Chair of IOSCO’s Africa/Middle East Committee
Dr. Emomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), has been elected Vice…
Insurance Act and Strong Q2 Earnings Drive Nigerian Stock Market to 3.2% Weekly…
The Nigerian stock market recorded a notable 3.2% gain in the week, driven by the recent enactment of the…
Pension Fund Performance Review: FCMB Pensions Limited Leads with 5.68% Return in…
Nigeria’s pension industry maintained its steady performance in July 2025, delivering positive returns across all…
Top 10 African Fintech Startups Secure $470M in H1 2025 Amid Global Funding…
Africa’s fintech industry has demonstrated remarkable resilience in the first half of 2025, attracting significant…
Credit Enquiries in Ghana Jump 114% in 2024 as Digital Lending Dominates – Bank Of…
Credit enquiries in Ghana surged to 29.5 million in 2024, representing a 114.6% increase from 13.7 million in…
Japan’s Political Turmoil Threatens Budget Process and Delays in BOJ Rate Hike
Japan is facing mounting political uncertainty as Prime Minister Shigeru Ishiba comes under intense pressure from…
Domestic Sources Drive $31.06bn Forex Inflows in Seven Months as Foreign…
Nigeria’s foreign exchange market recorded total inflows of $31.06 billion between January and July 2025,…
Digital Banking Breaches Spike 56% in Nigeria as CBN Warns of Tough Sanctions
Nigeria’s banking sector is facing a growing cybersecurity crisis, with cyber theft risks surging 56% in the first…
India Boosts Nigerian Crude Purchases as Dangote Refinery Turns to US Oil Imports
India’s state-owned refineries have increased their purchases of Nigerian crude oil, even as Nigeria’s $20 billion…
Nigeria’s Non-Oil Exports Surge 19.6% to $3.23bn in H1 2025 – NEPC
Nigeria’s non-oil exports reached $3.225 billion in the first half of 2025, reflecting a 19.59% increase compared…
Naira Shows Mixed Performance Amid Strong Forex Demand, CBN Actions Boost Market…
The Nigerian naira experienced a mixed performance last week, with marginal gains in the official market but…
Nigeria, Egypt, and South Africa Power Truecaller’s 100M User Milestone in MEA
Truecaller, the global caller identification and spam-blocking platform, has surpassed 100 million monthly active…
Nigeria’s FDI Plummets 70% in Q1 as Investors Shift to Short-Term Assets
Foreign Direct Investment (FDI) into Nigeria dropped sharply by 70.06% in the first quarter of 2025, falling to…
Rumble Eyes $1.2 Billion Acquisition of German AI Cloud Firm Northern Data
U.S.-based video platform and cloud services provider Rumble is exploring a potential $1.17 billion (€1 billion)…
Debt Market Warning Signs Raise Red Flags for Overheated Stocks
Global investors are turning cautious on corporate credit markets, warning that current pricing levels are far too…
Nigerian Bank Customers Protest Excessive Charges, Urge CBN and NDIC to Intervene
Bank customers across Nigeria are voicing strong dissatisfaction over what they describe as excessive and frequent…