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CBN’s 2024 Turnaround: A Cautious Yet Promising Step Toward Economic…
In a decisive break from its turbulent past, the Central Bank of Nigeria (CBN) has posted its 2024 financial…
Tinubu Moves to Avert Power Sector Collapse with N4trn GenCo Debt Plan
President Bola Tinubu is taking urgent steps to prevent a potential collapse of Nigeria’s power sector by…
Nigeria to Meta: Exiting Won’t Erase Violations or Deter Accountability
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has firmly responded to Meta’s warning…
Trade Tensions Shake Oil Market, Pressure Naira as Economic Worries Deepen
Global oil markets faced renewed turbulence in April as heightened trade tensions—particularly between the United…
Nigeria eGovernment Summit 2025 to Spotlight PPPs as Catalyst for Digital…
The 2025 edition of the Nigeria eGovernment Summit is gearing up to advance digital governance through the…
Nigeria Emerges as Africa’s Fastest-Growing Web3 Developer Hub
Nigeria has become Africa's fastest-growing Web3 developer hub, contributing 4% of all new global Web3 developers,…
Petrol Landing Cost Surpasses Dangote Refinery Price, Fuel Importers Struggle with…
The landing cost of Premium Motor Spirit (PMS), or petrol, has now reached an average of N870 per litre,…
AfDB Approves $650 Million Annual Commitment for Nigeria’s Economic Growth
The African Development Bank (AfDB) has officially approved a new Country Strategy Paper (CSP) for Nigeria,…
SEC Flags TOFRO as Suspected Ponzi Scheme, Warns Nigerians Against Investment
The Securities and Exchange Commission (SEC) has issued a public warning regarding TOFRO.COM (Tofro), an online…
Mahama Vows Ghana Will Complete IMF Programme On Time Without Extension
President John Dramani Mahama has affirmed that Ghana will conclude its $3 billion Extended Credit Facility…
Fitch Solutions Maintains Ghana’s 2025 Growth Forecast at 4.2% Amid Global…
Fitch Solutions has maintained its projection that Ghana’s economy will grow by 4.2% in 2025, slightly outpacing…
FG Launches E-Invoicing Committee to Combat Tax Evasion and Boost Revenue
The Federal Government has inaugurated the National Electronic Invoicing Inter-Agency Steering Committee to…
NGX Group Returns to Profit Growth as Income and Cost Efficiency Improve
The Nigerian Exchange Group Plc posted a notable 58% surge in its profit after tax for the first quarter of 2025,…
CBEX Reboots Amid Fraud Probes and Regulatory Warnings, Lures Fresh Investors with…
Despite a federal investigation and a reported N1.2 trillion loss impacting over 600,000 Nigerians, Crypto Bridge…
Dangote leads industry peers with 60% gross profit margin
In the first quarter of 2025, Dangote Cement emerged as the leading cement manufacturer in Nigeria, achieving a…
Nigeria Moves to Update Telecom Law to Match AI, 5G, and Digital Economy Realities
Nigeria is finally taking concrete steps to bring its telecommunications laws up to speed with today’s tech-driven…
Dollar based financing no longer sustainable for startups
At the 21st Annual Africa Venture Capital Association (AVCA) Conference, West African venture capitalists…
World Bank: Global commodity prices to drop to six-year low by 2026
The World Bank has sounded the alarm over falling global commodity prices, forecasting a steep 12% decline in 2025…
Edo State Investment Forum Targets Global Investors for Economic Growth
Edo State is taking significant strides towards economic growth as it seeks to attract investors through the…
Nigerian Telcos Commit Over $1 Billion to Chinese Network Gear in Major…
Telecommunication operators in Nigeria have placed orders exceeding $1 billion for network equipment from Chinese…
NGX Sheds ₦116bn as Profit-Taking Drags Market Down
The Nigerian Exchange (NGX) closed Tuesday, April 29th, on a bearish note as investors cashed out profits from…
Nigeria’s Cold Chain Market: A N160bn Goldmine for Investors Battling Post-Harvest…
Nigeria’s cold chain sector, valued at N160 billion as of 2023, is revealing massive investment potential as it…
Local and International Capital Providers Key to Nigeria’s Economic Growth, Says…
At the 21st Annual AVCA Conference and VC Summit in Lagos, Temi Popoola, the Group Managing Director/CEO of the…
Telecom Stakeholders Push for Stronger Legislation and Regulatory Independence in…
Stakeholders in Nigeria's telecom sector are calling for stronger legislative measures to safeguard the industry…
FCMB Group Posts ₦7.1 Trillion in Assets, Declares Dividend at 12th AGM Amid…
At the recently held 12th Annual General Meeting of FCMB Group Plc in Lagos, shareholders endorsed the company’s…
NNPC Overhauls Leadership: Maryam Idrisu, Obioma Abangwu Appointed Amid Mass Staff…
The Nigerian National Petroleum Company (NNPC) Ltd has initiated a significant restructuring of its leadership,…
Naira Shows Resilience Despite Declining Reserves, Backed by CBN Reforms and…
Despite a noticeable decline in Nigeria’s external reserves, the naira has held steady in both official and…
Nigerian Breweries Appoints Uzodinma Odenigbo as New Corporate Affairs Director
Nigerian Breweries Plc has announced the appointment of Uzodinma Odenigbo as its new Corporate Affairs Director,…
FCCPC asks Ibadan Disco to refund customers’ transformer investments
The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ibadan Electricity…
CBN’s Financial Reforms Stabilise Nigeria’s Economy and Boost Investor…
Since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN) in October 2023, a raft of…