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Offshore Investment Withdrawals Impact Nigerian Stock Market as Foreign…
Concerns are mounting over the significant decline in foreign investment in the Nigerian Exchange Limited (NGX),…
Sam George Advocates for Inclusive AI Integration to Drive Ghana’s Development
Ghana’s Minister of Communication, Digital Technology, and Innovation, Samuel Nartey George, has emphasized the…
Nigeria Secures $500 Million World Bank Loan to Boost Economic Resilience
Nigeria has secured a $500 million loan from the World Bank to address its ongoing economic challenges through the…
Headline: Interbank Rate Hits Five-Year High as CBN Tightens Liquidity to Combat…
In January 2025, Nigeria’s interbank lending rate surged to 28.58 percent, marking a five-year high as the Central…
General Insurance Industry Contributes 14.4% More to Nigeria’s GDP in 2024
The Nigerian general insurance industry contributed N349.01 billion to the nation's economy in 2024, marking a…
IMF Urges Nigeria to Prioritize Cash Transfers for Vulnerable Households
The International Monetary Fund (IMF) has called on the Nigerian government to expedite the completion of its cash…
Nigeria Accelerates Digital Trade Agenda Under AfCFTA, Seeks Global Partnerships
Nigeria is intensifying its efforts to expand digital trade under the African Continental Free Trade Area…
Nigeria’s Interbank Lending Rate Reaches 5-Year High Amid Central Bank’s Tightened…
Nigeria’s interbank lending rate hit a five-year high of 28.58 percent in January 2025, as the Central Bank of…
Gaps in Broadband and Data Centres Threaten Nigeria’s $1tn Economy Target,…
Nigeria's ambition to reach a $1 trillion economy by 2031 is at risk due to significant gaps in its digital…
MTN Ghana Reports 34% Revenue Growth and Announces Dividend Payout for 2024
MTN Ghana has delivered strong financial results for 2024, showcasing a remarkable 34.5% year-on-year increase in…
Nigeria Calls for Global Unity to Address Urbanization Challenges Amid Global…
Nigeria's government has called for innovative solutions and enhanced international cooperation to tackle the…
Nigerian Stock Market Suffers N31bn Loss Amid Mixed Sector Performances
The Nigerian Exchange Limited continued its downward trend on Thursday, with the market capitalisation dipping by…
Stakeholders Advocate for Boosting Local Capital to Fuel Impact Investments in…
At the 2025 Investors Roundtable in Lagos, key stakeholders from the financial, investment, and development…
Nigeria’s Infrastructure Deficit Threatens Economic Growth and Stability
Nigeria’s economy is facing significant challenges due to a growing infrastructure deficit that is impeding…
TotalEnergies Achieves GHS 286M Profit in 2024 and Contributes GHS 1.7B in Taxes…
TotalEnergies Marketing Ghana PLC reported a notable increase in profits for 2024, posting GHS 286.67 million in…
Nigeria Faces Economic Slowdown as Money Supply Declines for the First Time
Nigeria's economic outlook is growing increasingly uncertain as the country experiences its first decline in money…
Liquidity Surge Reduces T-Bill Yields, Eases Borrowing Costs for Nigerian…
Increased liquidity in Nigeria's financial markets has led to a decline in the yields on one-year Treasury bills…
Nigerian Banks Turn to Expensive Commercial Papers Amid Liquidity Crisis
In response to mounting liquidity challenges, Nigerian banks are increasingly resorting to expensive short-term…
Nigeria and EU Discuss €1.3 Billion Investment, Economic Reforms to Boost Growth
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with the European Union (EU)…
Experts Call for Financing, Technology, and Mechanization to Boost Nigeria’s…
At the BusinessDay Future of Agriculture Conference in Lagos, experts addressed the challenges hindering Nigeria’s…
Senate Investigates Rising Data Costs and Pushes for Mandatory Citizen…
The Nigerian Senate has directed its Committee on Communications to investigate the recent surge in data costs by…
Surge in Attacks on Telecom Infrastructure Raises Doubts Over Nigeria’s…
Telecom infrastructure in Nigeria is under increasing threat, with rising incidents of fibre cuts, equipment…
Naira Strengthens in Black Market After Cardoso’s Warning, Weakens at…
The Naira experienced a positive shift in the parallel foreign exchange (FX) market on Wednesday, gaining N10…
Nigeria Must Invest $15 Million Annually to Boost Statistical Performance, Says…
The World Bank has recommended that Nigeria invest between $10 million and $15 million annually to enhance its…
mediaReachOMD Launches AI-Driven OCI 2.0 to Revolutionize Consumer Insights
In celebration of its 25th anniversary, mediaReachOMD has unveiled OCI 2.0, the latest evolution of its…
Nigeria’s Broadband Penetration Reaches 45.61% Despite Decline in Telecom…
Nigeria's broadband penetration has shown consistent growth, reaching 45.61% as of January 2025, with a total…
NGX Market Capitalisation Drops by N74bn Amid Bearish Market Trend
The Nigerian Exchange Limited (NGX) experienced a decline in market capitalisation by N74 billion at the close of…
CBN’s Strategic Forex Reforms Boost Naira Stability Amid Economic Recovery
Nigeria’s Central Bank (CBN) has made significant strides to stabilize the naira by enhancing the country’s…
Nigerian Startups Dominate West African Funding, Cornering 80% of Investments
Nigeria remains the undisputed leader in West Africa’s startup ecosystem, securing a dominant 80% of the region’s…
Analysts Predict Drop in T-Bill Yields as Liquidity Improves Ahead of CBN Auction
As Nigeria prepares for its Treasury Bill (T-Bill) auction on Wednesday, analysts expect a decline in yields due…