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NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of…
The Nigerian Exchange (NGX) ended July 2025 on a powerful bullish streak, with market capitalization surging by a…
AfDB Commits $503m to Boost Nigeria’s Clean Energy Transition
The African Development Bank (AfDB) has pledged $503 million to support Nigeria’s ongoing energy transition…
Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price…
The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from…
NNPC Reaffirms Commitment to Port Harcourt Refinery Rehabilitation, Rules Out Sale
The Nigerian National Petroleum Company Limited (NNPC) has dismissed speculations about selling the Port Harcourt…
Microsoft Commits Record $30 Billion to AI and Cloud Growth in Q3 2025
Microsoft has announced a historic $30 billion capital expenditure for Q3 2025, marking its largest quarterly…
Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic…
Nigeria’s Eurobond yields are nearing their lowest levels in three years, a development driven by strong investor…
Asian Markets Fall on Weak China Data, Strong Yen; Global Tariffs and BOJ Outlook…
Asian stocks declined on Thursday, weighed down by disappointing Chinese economic data and a sharp drop in copper…
OpenAI Reaches $12 Billion in Annualized Revenue Amid Rising User Base and…
OpenAI, the creator of ChatGPT, has seen a major revenue surge in 2025, reaching an estimated $12 billion in…
Tinubu’s $1 Trillion Economic Goal Hinges on Support for Local Industry —…
President Bola Tinubu’s vision to transform Nigeria into a $1 trillion economy by 2030 has been described as bold…
NAICOM Restricts Use of AI, Blockchain in High-Risk Insurance Products
The National Insurance Commission (NAICOM) has introduced new regulatory guidelines that limit the role of…
Naira Slightly Weakens Amid Summer Dollar Demand Surge, But Outlook Remains Stable
The naira experienced a minor depreciation across both official and parallel foreign exchange markets on…
Dangote Sugar, Berger Paints, others push NGX-ASI above 139,000 points
Nigeria’s equities market extended its bullish run on Wednesday, July 30, 2025, as the Nigerian Exchange All-Share…
Microsoft and Meta Stocks Soar on Strong AI-Driven Earnings | Tech Shares Lead…
Tech giants Microsoft and Meta Platforms saw their shares surge in European trading on Thursday following…
FX Liquidity Boost: Nigerian Banks Resume Naira Payments for Foreign School Fees…
Nigerian banks have resumed accepting naira card payments for international tuition fees and medical bills,…
ECB Warns China-U.S. Trade Rift Could Lower Euro Zone Inflation Below Target
A European Central Bank (ECB) blog post has warned that if China diverts its exports away from the United States…
Fintech Dominates Africa’s Startup Funding in H1 2025, Securing 45% Share
Africa’s fintech sector asserted its dominance once again in the first half of 2025, capturing 45% of all…
Naira Strengthens Amid Forex Oversupply and Security Clampdown — CBN Policies,…
Currency traders have cited a significant oversupply of dollars in the Nigerian forex market, combined with the…
Nigeria’s Industrial Sector Shrinks Despite GDP Growth: MAN Urges Manufacturing…
Nigeria’s Gross Domestic Product (GDP) grew by 3.13% in Q1 2025, according to the National Bureau of Statistics…
Petroleumprice.ng Launches Nigeria’s First Verified Digital Marketplace for…
A Nigerian oil and gas tech firm, Petroleumprice.ng, has officially launched a first-of-its-kind digital…
Investor Confidence and High Yields Drive N4.67 Trillion in FGN Bond Subscriptions…
In the first seven months of 2025, the Federal Government of Nigeria (FGN) bonds drew an impressive N4.67 trillion…
NCC Leads Push for MVNO Sustainability in Nigeria’s Telecom Sector
The Nigerian Communications Commission (NCC) is taking a leadership role in promoting the sustainable growth of…
Italy Investigates Meta Over AI Tool Integration in WhatsApp
Italy’s antitrust authority has launched a formal investigation into Meta Platforms Inc. over its integration of…
Asian Markets Waver Ahead of Fed Decision and U.S. Tariff Deadline
Asian markets were mixed on Wednesday as investors digested the lack of progress in U.S.-China trade negotiations…
Bank of Ghana Cracks Down on Forex Violations: Banks and MTOs Face Licence…
The Bank of Ghana (BoG) has issued a stern warning to financial institutions, threatening to revoke the licenses…
African Fintechs Dominate H1 2025 Start-Up Funding, Attracting $640M – Fintech…
In the first half of 2025, African fintech startups led the continent's start-up funding landscape, securing…
FCMB Sees Strong Growth as Earnings Hit N529.2bn in H1
FCMB Group Plc has reported strong financial results for the first half of 2025, with gross earnings rising by…
Nigerian Stock Market Hits 18-Day Bull Run as NGX Rallies Past ₦85 Trillion —…
The Nigerian equity market is experiencing an extraordinary bullish streak, notching up 18 consecutive days of…
Dangote Refinery Withdraws ₦100bn Lawsuit Against NNPC, Marketers Amid Industry…
Dangote Petroleum Refinery and Petrochemicals has abruptly withdrawn its ₦100 billion lawsuit against several key…
Meta’s Bold Superintelligence Gamble Faces Profit Pressure Amid AI Spending Surge
Meta Platforms is facing heightened scrutiny as CEO Mark Zuckerberg doubles down on a high-risk, high-cost bet to…
Manufacturers Urge CBN to Cut Interest Rates Amid Inflation Crisis
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to cut interest rates,…