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Offshore Investors Fuel Nigeria’s Bond Market Rally Ahead of DMO Auction
Foreign Portfolio Investors (FPIs) significantly increased their interest in Nigeria’s fixed income instruments!-->…
SEC Ban on Dual Director Roles Wins Stakeholder Support Amid Corporate Governance…
The Securities and Exchange Commission (SEC) of Nigeria has issued a new directive banning Independent!-->…
Bank of Ghana to Overhaul Reference Rate in Drive for 10% Lending Target
The Bank of Ghana (BoG) has announced a major reform targeting the Ghana Reference Rate (GRR) as part of efforts!-->…
NCC Vows to Expose and Prosecute Telecom Vandals Under New Infrastructure…
The Nigerian Communications Commission (NCC) has announced its intention to collaborate more closely with security!-->…
REA and FCMB Launch ₦100 Billion Renewable Energy Fund to Power Two Million…
In a strategic move to expand electricity access across Nigeria, the Rural Electrification Agency (REA) and First!-->…
Breaking: Tinubu Sets Up High-Level Peace Committee to Tackle Benue Killings
In response to a deadly attack that claimed around 200 lives in Yelewata community, Guma Local Government Area of!-->…
CBN’s 50% CRR Policy Sparks Liquidity Crisis, Threatens Nigeria’s $1tn Economic…
Nigeria's banking sector is facing a serious liquidity challenge following the Central Bank of Nigeria’s (CBN)!-->…
Dangote Refinery Set to Export First Petrol Cargo to Asia, Signaling Global…
The Dangote Petroleum Refinery, Africa’s largest oil refining facility, is preparing for its first gasoline export!-->…
NIBSS Launches ISO 20022-Compliant National Payment Stack to Revolutionize Digital…
The Nigeria Inter-Bank Settlement System (NIBSS) has officially launched the National Payment Stack (NPS), an!-->…
Senate Demands Explanation from NNPCL Over Missing N210 Trillion in Financial…
The Nigerian Senate has issued a one-week ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to!-->…
Experts Urge African Organisations to Embrace Digital Transformation for Economic…
Organisations and government agencies across Africa have been strongly encouraged to prioritise digital!-->…
Nigerian Stock Market Rebounds as Access, FCMB, and Fidelity Bank Assure CBN…
The Nigerian stock market saw a significant rebound after major banks including Access Holdings, FCMB Group, and!-->…
CBN Halts Banks’ Foreign Investments, Dividends & Bonuses Amid Market Activity…
In a directive issued on June 13, 2025, the Central Bank of Nigeria (CBN) announced a temporary suspension on!-->…
FAAC Distributes N1.65 Trillion in May Amid Boost in VAT and Oil Derivation Funds
In May 2025, the Federation Account Allocation Committee (FAAC) disbursed N1.65 trillion to Nigeria’s federal,!-->…
Ghana’s Producer Inflation Falls to 10.2% in May 2025: Lowest Since 2023 Amid…
Ghana’s producer price inflation (PPI) dropped sharply to 10.2% in May 2025 from 18.5% in April, marking the!-->…
Nigerian Power Sector and Government Lag Behind in Digital Resilience, NESG Warns
At a biennial lecture in Lagos organized by the Chartered Institute of Directors, the CEO of the Nigerian Economic!-->…
Equity Market Soars as Oil, Insurance Stocks Drive N1.18tn Rally
The Nigerian Exchange (NGX) witnessed a robust performance on Wednesday, marking a major rebound with the market!-->…
CBN Introduces Targeted Measures for Select Banks Amid Sector Reform
The Central Bank of Nigeria (CBN) has issued new transitional guidelines targeted at a select number of banks as!-->…
USSD Now Costs ₦6.98 per 2 Minutes as Direct User Billing Begins Nationwide
Starting June 18, 2025, Nigerians using USSD codes for mobile banking and other digital transactions will now pay!-->…
Experts Highlight Urgent Need for AI Infrastructure at Lagos Tech Forum
Global infrastructure company Vertiv, in collaboration with Africa Hyperscalers and Turner & Townsend, is!-->…
BoG Maintains Flexible Exchange Rate Policy, Rejects Fixed Band Approach, Governor…
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has stated that the central bank is not targeting a fixed!-->…
Naira Strengthens Below N1,600/$ as U.S. Dollar Falters Amid Global Uncertainty
The Nigerian naira continued its strong performance in the parallel market, breaking the N1,600/$ resistance level!-->…
FG Targets N100 Billion in June Bond Auction to Fund 2025 Budget
The Federal Government of Nigeria, via the Debt Management Office (DMO), has announced plans to raise N100 billion!-->…
Nigeria Takes Key Role in Global Push to Connect 2.6 Billion Offline People
Nigeria has reclaimed a leading position in global digital policy as Dr. Bosun Tijani, the Minister of!-->…
CBN Sells N7.9 Trillion in Treasury Bills, Rejects N12.2 Trillion in Bids Amid…
In a move reflecting rising investor appetite for naira-denominated assets amid persistent inflation, the Central!-->…
NGX Sheds N183bn as Blue-Chip Stocks Tumble Amid Bearish Sentiment
The Nigerian Exchange Limited (NGX) suffered a significant blow on Tuesday, losing N183 billion in market value as!-->…
Telcos Hail New USSD Billing Rule as NCC, CBN Tackle Bank Payment Default
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has endorsed a new billing framework!-->…
Caution Amid Optimism: Economist Warns Ghana Not Ready for Eurobond Market Despite…
Fitch Ratings recently upgraded Ghana’s credit rating to ‘B-’ with a stable outlook, a move that signals improved!-->…
Nigeria Imports N1.2tn Worth of Crude Despite Being Africa’s Top Oil Producer
Nigeria, despite being Africa's largest oil producer, imported crude oil worth N1.19 trillion in the first quarter!-->…
FCMB Reassures Shareholders of Dividends Amid CBN’s New Banking Restrictions
FCMB Group Plc has moved to allay shareholder concerns following a new directive from the Central Bank of Nigeria!-->…