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AfCFTA Chief Challenges Intra-Africa Trade Figures, Rallies Business Support for…
Wamkele Mene, the Secretary-General of the African Continental Free Trade Area (AfCFTA), has cast doubt on widely…
Government Orders 10–15% Data Bundle Boost by July 1 to Improve…
In a major policy move aimed at improving internet accessibility across Ghana, the government has directed all…
Recapitalization Deadline: BDCs In Talks With CBN, Seek Extension To Dec 31
Following the expiration of the June 3, 2025 recapitalisation deadline for Bureau De Change (BDC) operators, a…
France’s Mistral Launches Europe’s First AI Reasoning Model in Bid to Rival U.S.…
French AI startup Mistral has unveiled Europe’s first AI reasoning model, marking a significant step in the…
Crypto Exchange Bullish Quietly Files for U.S. IPO Amid Renewed Market Optimism
Peter Thiel-backed cryptocurrency exchange Bullish has reportedly filed confidentially for an initial public…
Profit-Taking Drags Nigerian Stock Market Down by N377.9bn After Sallah Break
The Nigerian stock market opened on a bearish note after the Sallah holiday, suffering a major setback as…
FX Inflows Surge 62% in May to $5.96bn as Investor Confidence Rebounds
Nigeria’s foreign exchange (FX) market experienced a significant revival in May 2025, as total inflows rose…
Global Outage Hits OpenAI’s ChatGPT, Users Worldwide Left Disconnected
OpenAI’s ChatGPT, one of the world’s most popular AI-powered chatbots, experienced a significant global outage on…
SEC Orders Companies to Release Long-Unclaimed Dividends, Enforces Finance Act…
The Securities and Exchange Commission (SEC) has issued a firm directive to public companies and their registrars,…
Nigeria and Saudi Aramco’s $5bn Oil-Backed Loan Stalls Amid Crude Price Drop
Nigeria and Saudi Aramco are facing major hurdles in finalizing a landmark $5 billion oil-backed loan, as falling…
Nigerian Marketers Strike Global Deal to Cut Petrol Price to N700/Litre Amid…
Nigerian petroleum marketers have partnered with international suppliers to import cheaper fuel, aiming to reduce…
Naira Holds Firm Below N1,600 as Market Optimism Grows Despite Global Dollar…
The Nigerian naira maintained a relatively strong position below the N1,600/$ mark during the recent holiday…
Meta Bets Big on Scale AI with Historic $10 Billion Investment
Meta Platforms Inc. is preparing to invest more than $10 billion in Scale AI, a move that marks its most…
Dangote Promises Major Overhaul of Nigeria’s Oil Sector Following Tinubu’s…
Aliko Dangote, President of the Dangote Group, has announced plans for a sweeping transformation of Nigeria’s…
US-China Trade Talks Enter Day Two Amid Tension Over Tech and Tariffs
Trade negotiations between the United States and China resumed in London for a second day, with both sides aiming…
Ghana Urges AGOA Renewal as U.S. Tariffs Threaten African Exports
Ghana’s Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has called for the urgent renewal…
Morgan Stanley Markets $5 Billion xAI Debt Amid Musk-Trump Fallout
Morgan Stanley is marketing a $5 billion debt package for xAI, the artificial intelligence startup owned by Elon…
Nigerian Equities Market Adds N1.81trn in Four-Day Rally, ASI Rises 2.57%
The Nigerian equities market delivered a strong performance during the holiday-shortened week ending June 5, 2025,…
Nigerian Businesses Cautious Amid Optimism as Interest Rate Hike Looms — CBN…
A recent survey by the Central Bank of Nigeria (CBN) reveals a mixed economic sentiment among businesses across…
Depot Price War: Six Operators Slash Petrol Rates as Competition Heats Up
Amid growing competition in Nigeria’s downstream petroleum sector, six depot operators have reduced the price of…
Oando deepens upstream investment with $375m financing deal
Oando PLC, a leading Nigerian energy company listed on both the Nigerian and Johannesburg Stock Exchanges, has…
GH¢1 Fuel Levy Sparks Concern Over Economic Recovery Amid Calls for Strategic…
Businesses in Ghana have expressed serious concerns about the recent GH¢1 per litre fuel levy, warning that its…
SEC Sets November Deadline for T+2 Settlement Cycle, Aims for Faster, Safer Market
The Securities and Exchange Commission (SEC) of Nigeria has mandated that all capital market participants…
Cost-push factors driving Nigeria’s inflation – Survey
Nigeria’s inflation crisis is being primarily driven by supply-side cost pressures rather than excess demand,…
GSM Technology Dominates Nigerian Internet Market with Over 141 Million Active…
The Nigerian Communications Commission (NCC) reports that active internet subscribers in Nigeria reached nearly…
Oando Surge Lifts NGX Market Cap to N71 Trillion Amid Strong Investor Sentiment
The Nigerian Exchange Limited (NGX) witnessed a remarkable milestone as its total market capitalisation soared to…
Oil Dips Over 1% as Surging U.S. Fuel Stocks Overshadow Crude Draw and Demand…
Oil prices fell by just over 1% on Wednesday following the release of U.S. government data revealing a sharp and…
Firms Blame Soaring Energy and Transport Costs for Nigeria’s Persistent Inflation…
The Central Bank of Nigeria (CBN) has revealed that a vast majority of Nigerian firms cite high energy costs as…
Cedi to Stay Strong as Gold Earnings Boost Reserves – Finance Minister Assures…
Finance Minister Dr. Cassiel Ato Forson has assured Ghanaians that the national currency, the Cedi, will remain…
Nigerian Stock Market Gains N259bn on Back of Broad Investor Confidence
The Nigerian stock market continued its upward momentum as it added N259 billion in value due to renewed investor…