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Business
JUST IN: Dangote Refinery reorganises workforce over sabotage, denies mass sack
Dangote Petroleum Refinery and Petrochemicals has announced a sweeping reorganisation of its operations and…
CBN Cuts Interest Rate to 27% to Ease Borrowing Costs for SMEs and Households
The Central Bank of Nigeria (CBN) has lowered its benchmark Monetary Policy Rate (MPR) by 50 basis points to 27…
AMCON Offloads 34% Stake in Unity Bank to Providus Bank Ahead of Landmark Merger
The Asset Management Corporation of Nigeria (AMCON) has sold its entire 34 per cent equity holding in Unity Bank…
Nigeria Records $19.92 Billion in Investment Signals in Q2 2025, Surging 278% from…
Nigeria has recorded a remarkable $19.92 billion in investment signals in the second quarter of 2025 (Q2’25),…
FGN Launches N200bn 5- and 7-Year Bonds at 17.95% Yield for Investors
The Federal Government of Nigeria (FGN) has opened a fresh investment opportunity, offering N200 billion worth of…
Ghana and UK Strengthen Trade Ties: Focus on Agribusiness, Investment, and…
Ghana is taking a bold step to boost trade relations with the United Kingdom, following a high-level meeting…
Citi Projects Naira to Weaken to ₦1,700/$ by 2026 as CBN Cuts Rates and Oil Prices…
The Nigerian naira, which has shown surprising stability throughout 2025, may lose some of its strength next year,…
Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions…
Mastercard has strengthened its collaboration with Smile ID, a leading African identity verification company, to…
Nigerian Equities Market Rebounds as Investors Inject N279bn, Boosting Market…
The Nigerian equities market staged a strong comeback on Thursday, reversing earlier losses with a N279 billion…
UK Courts Ghanaian Businesses to Strengthen Trade Partnerships and Support 24-Hour…
The United Kingdom is urging Ghanaian businesses to see the UK as a key gateway for trade and investment,…
Nigeria Breaks 10-Year Oil Investment Drought as Reforms Attract Billions in Fresh…
Nigeria’s oil sector is witnessing a revival after a decade of stagnation, as fresh investments pour in following…
Julius Berger exits agro-processing, leases cashew plant to Eko Organic Foods
Julius Berger Nigeria Plc has announced it is stepping back from direct agro-processing operations by leasing its…
NUPRC approves sale of TotalEnergies’ stake in OML 118 to SNEPCo, Agip
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its approval for TotalEnergies EP Nigeria…
First HoldCo Chairman Otedola acquires N1.21 billion direct shares, increases…
First HoldCo Plc has revealed that its Group Chairman, Mr Olufemi Otedola, a significant shareholder, has…
PenCom Directs PFAs to Report Pension Contributions Above $10,000 to NFIU Within…
The National Pension Commission (PenCom) has issued a strict directive requiring all Pension Fund Administrators…
US-Nigeria Bilateral Trade Hits $13 Billion in 2024 as Partnerships Deepen
The United States and Nigeria saw their bilateral trade surge to nearly $13 billion in 2024, the U.S. Consul…
World Bank Urges Bold Reforms to Drive Ghana’s Generational Economic…
The World Bank has called on Ghana to implement urgent economic reforms to secure long-term growth and create more…
Policymakers, investors meet at Nigeria Fintech Week
Africa’s largest fintech gathering, Nigeria Fintech Week (NFW25), is set to bring together over 20,000…
NGX Domestic Transactions Hit N5.46tn in Eight Months as Local Investors Dominate…
Domestic transactions on the Nigerian Exchange Limited (NGX) surged to N5.46 trillion in the first eight months of…
Dangote Fuel Price Cuts Fail to Reach Lagos and Ogun Motorists as Marketers Hold…
Fuel marketers in Lagos, Ogun, and other key Nigerian states have not yet passed on recent petrol price reductions…
NNPCL Allocates N318bn to Frontier Oil Exploration Amid Revenue Shortfalls
The Nigerian National Petroleum Company Limited (NNPCL) has secured N318.05 billion between January and August…
Dangote Sugar Soars 10% as Nigerian ASI Falls, Fugaz Stocks Drive Market Volume
The Nigerian stock market experienced mixed fortunes on September 24, 2025, as the All-Share Index (ASI) slipped…
Naira Abuse Drives Up Printing Costs: CBN Launches Nationwide “Handle with Care”…
The Central Bank of Nigeria (CBN) has sounded the alarm over the rising costs of printing and replacing naira…
FG Blocks TotalEnergies’ $860 Million Nigerian Asset Sale Amid Regulatory Concerns
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has withdrawn its earlier approval for French oil…
Nigeria’s Finance and Insurance Sector Soars 16.13% in Q2 2025, Driving GDP Growth
Nigeria’s finance and insurance sector experienced a remarkable growth of 16.13% in real terms during the second…
MAN Warns Tax Stamp Plan Could Hurt Consumers and Local Manufacturers
The Manufacturers Association of Nigeria (MAN) has raised concerns over the Federal Government’s proposed Tax…
PenCom Launches “Pension Revolution 2.0” to Expand Health Insurance and Secure…
The National Pension Commission (PenCom) has unveiled a bold new initiative dubbed “Pension Revolution 2.0,” aimed…
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Eases, MPC Minutes Reveal
The Bank of Ghana has reduced its key lending rate to 21.5 percent, following a 350-basis-point cut approved by…
Ghana Government Orders Buffer Stock Company to Buy Surplus Grains to Support…
The Government of Ghana has directed the National Food Buffer Stock Company (NAFCO) to begin purchasing surplus…
Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to…
The Bank of Ghana has rolled out new licensing requirements for Digital Credit Service Providers, setting a…