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Economy
FATF Delisting to Boost Foreign Investments in Nigeria, Says SEC DG Emomotimi…
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for…
BoG Hikes Forex Bureau Licence Renewal Fees by 150% to Strengthen Oversight-Ghana
The Bank of Ghana (BoG) has announced a significant increase in the biennial licence renewal fees for foreign…
Nigeria Records Over $50 Billion in Crypto Transactions Amid Weak Capital Market…
Nigeria’s cryptocurrency market has witnessed explosive growth, with more than $50 billion worth of digital asset…
Afreximbank Targets $250 Billion Balance Sheet in Decade-Long Growth Drive
The African Export-Import Bank (Afreximbank) has unveiled an ambitious plan to expand its balance sheet to $250…
Marketers Accuse Dangote Refinery of Withholding Paid Fuel Amid Rising Petrol…
Petroleum marketers have accused the Dangote Refinery of failing to supply petrol weeks after receiving full…
Nigeria’s Domestic Debt Hits N6.17 Trillion in Six Months as FG Seeks to Bridge…
The Federal Government of Nigeria (FG) has borrowed a total of N6.17 trillion from the domestic debt market within…
Nigeria’s Reform Push Fuels Market Rally as NGX Surges Past 151,000 Points
Nigeria’s stock market continued its upward momentum this week, hitting a new all-time high as investors responded…
Cedi Bounces Back: Ghana’s Currency Surges 37% in 2025 as Investor Confidence…
Ghana’s cedi has made an impressive comeback in October 2025, reclaiming lost ground and restoring investor…
Reps Split Over Motion to Shield Dangote Refinery From Labour Unions Amid Economic…
The House of Representatives was sharply divided on Tuesday over a motion seeking to protect the Dangote Refinery…
FIRS to End Multiple Federal Taxes by 2026 as New Tax Regime Simplifies Business…
The Federal Inland Revenue Service (FIRS) has announced that beginning January 1, 2026, a new tax regime will…
Nigeria Launches Nationwide Revenue Recovery Drive to Boost Fiscal Transparency…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), in partnership with the Federal Inland Revenue…
Nigeria’s 2026 Tax Reform: Firms to Receive 5% Annual Tax Credit Under New…
Nigeria’s tax landscape is set for a major transformation as the federal government unveils a new tax regime…
IMF Urges Nigeria and Sub-Saharan Africa to Embrace Blended Finance, Tax Reforms…
The International Monetary Fund (IMF) has issued a stark warning to Nigeria and other Sub-Saharan African…
High Interest Rates Push 51% of Nigeria’s Informal Businesses Away from Loans
Rising interest rates and tougher lending conditions are discouraging more Nigerian informal businesses from taking…
Governor Seyi Makinde Unveils Oyo’s AfCFTA Strategy to Boost Trade, Create Jobs,…
Oyo State Governor Seyi Makinde has reaffirmed his administration’s commitment to unlocking economic prosperity!-->…
CBN Charts Nigeria’s Economic Future in Washington, Targets 7% Growth by 2028
Nigeria’s economic leadership took the global stage in Washington, DC, this week, unveiling a bold and data-driven!-->…
NGX Market Loses ₦4bn as Trading Volume Plummets by 58%
The Nigerian Exchange Limited (NGX) witnessed a mild setback on Tuesday, October 15, 2025, as market!-->…
African Finance Ministers Applaud Ghana’s GOLDBOD Model as Blueprint for…
At a high-level meeting on the sidelines of the 2025 IMF–World Bank Annual Meetings in Washington, Ghana’s!-->…
Naira Weakens Slightly to N1,467/$1 Despite Rising Foreign Reserves
Nigeria’s currency began the week on a mild downward note as the naira slipped to N1,467 per dollar on Tuesday,!-->…
Nigeria’s $36.7 Billion 2025 Budget Among Africa’s Lowest Despite Fiscal Reforms
Nigeria’s 2025 budget, set at $36.7 billion, ranks among the lowest on the African continent, despite ongoing!-->…
Analysts Warn Nigeria Risks Losing FTSE Frontier Market Status Over Capital Gains…
Financial experts have raised alarms that Nigeria may jeopardize its fragile progress toward regaining a spot in!-->…
Ghana Cedi Named Africa’s Best-Performing Currency in 2025 – World Bank
Eight months into 2025, the Ghanaian cedi has emerged as Africa’s best-performing currency, according to the World!-->…
World Bank Urges Nigeria to Deepen Economic Reforms, Enforce Fiscal Discipline,…
The World Bank has called on the Nigerian government to sustain its current wave of economic reforms by tightening!-->…
FRC, SEC Champion Ethical Corporate Governance as SCGN Marks 20 Years of Integrity…
As Nigeria continues to navigate waves of technological disruption and economic uncertainty, the Financial!-->…
European Steel Stocks Surge as EU Plans to Halve Tariff-Free Import Quotas
European markets climbed on Wednesday as investors reacted positively to the European Union’s proposal to slash!-->…
$2 Billion Nigerian Broadband Project to Drive GDP Growth and Digital Inclusion
Nigeria is set to witness a major digital transformation as the government launches a $2 billion broadband project!-->…
Nigeria’s Dele Alake Urges Africa to Industrialise Its Minerals and Build a Green…
Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has called on African nations to end the era of!-->…
Nigeria’s Intra-African Trade Rises by ₦610bn Amid Weak Naira, Shifting Global…
Nigeria’s trade with other African countries surged by ₦610 billion in the first half of 2025, reflecting a!-->…
Tony Elumelu Foundation Donates ₦1 Billion to Empower 18,500 Nigerian Women Under…
In a major push for women’s economic inclusion, the Tony Elumelu Foundation (TEF) has donated ₦1 billion to the!-->…