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Stakeholders to Address Nigeria’s Declining Consumer Purchasing Power at…
The 2025 Industry Summit & Awards is set to tackle the critical issue of declining consumer purchasing power…
Dangote Refinery Faces Backlash Over Dollar Sales, Expands Exports and Boosts…
Oil marketers in Nigeria, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria…
Ghana’s Government to Settle $1.1 Billion Debt to ENI Amid Energy Sector…
The government of Ghana is set to pay $1.1 billion in 2025 to ENI, an energy company, to settle outstanding debts…
CBN Intensifies Efforts to Combat Forex Speculation Amid Naira’s Minor…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to…
Ghana Loses $1.2 Billion in Gold Revenue Due to Illegal Smuggling in 2022,…
In 2022, Ghana lost an estimated $1.2 billion in gold revenue due to widespread illegal smuggling, according to…
Nigeria’s Banking Recapitalisation: A Path to Economic Diversification and…
Nigeria's ongoing banking recapitalization exercise is expected to play a crucial role in shaping the country's…
Inflation Eases for Second Consecutive Month in Nigeria, Analysts Cite FX…
Analysts have highlighted the role of relative stability in Nigeria's foreign exchange (FX) market in easing…
Nigeria’s Digital Payments and Financial Inclusion Set to Reach $1.5…
The digital payments sector in Nigeria and across Africa is projected to reach $1.5 trillion by the end of the…
CBN Governor Cardoso Reaffirms Commitment to FX Stability and Inflation Control
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the institution's dedication to stabilizing…
Nigeria’s Inflation Eases, FirstHoldCo Shines, and Cocoa Prices Surge to…
Nigeria's inflation rate has eased to 23.18%, signaling a potential relief for households and businesses as the…
Ghana’s Finance Minister Assures Capital Market Reopening and Debt Repayment…
Finance Minister, Dr. Cassiel Ato Forson, emphasized the importance of reopening Ghana's capital markets,…
Nigerian DisCos Face 33% Revenue Shortfall in 2024 Amid Metering Issues and Poor…
In 2024, Nigeria's electricity distribution companies (DisCos) experienced a significant 33% revenue shortfall,…
Ghana Intensifies Efforts to Meet IMF Review Deadline, Outlines Economic Reforms
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has reassured that the government is actively working to meet…
DICE 3.0: Africa’s Premier Tech and Business Networking Event Set for April…
DICE 3.0, the latest edition of the premier digital economy mixer, is set to take place on April 3, 2025.…
NGX Group, CBN, and MinieMoney Empower Nigerian Students with Financial Literacy…
In a bid to promote financial inclusion, the Nigerian Exchange Group (NGX Group), the Central Bank of Nigeria…
Nigeria’s Debt Servicing Hits Four-Year High Amid Rising Borrowing and…
Nigeria's debt repayment reached a four-year high of $4.65 billion in 2024, marking a 32.9% increase from the…
Nigerian Stock Market Opens Week with N369bn Gain, Positive Market Sentiment
The Nigerian stock market began the week on a strong note, posting a N369 billion gain, with the Nigerian Exchange…
Nigerian Stock Market Faces Fourth Consecutive Week of Losses Amid Uncertainty
The Nigerian stock market continued its downward trend last week, marking its fourth consecutive week of losses.…
Ghana Gov’t to Deploy Technology to Combat Illegal Mining and Boost National…
The government of Ghana has announced plans to implement technology-driven measures to address the growing…
Nigerian Equity Market Recovers with N369bn Gain, Boosting Investor Confidence
The Nigerian equity market experienced a strong rebound on Monday, gaining N369 billion as the All-Share Index…
Mercurie Launches Naira Payment Solution for Nigerian Businesses
Cross-border payment issues have long hindered the growth of Nigerian businesses, with over 4.9 million companies…
Money Market Funds Stay Attractive Despite Rate Decline, Offering Strong Returns
Money market funds (MMFs) continue to be a reliable investment option, even as interest rates on most instruments…
Borrowing Costs Expected to Rise as Nigeria Faces Tightening Banking Liquidity
Businesses in Nigeria may soon experience higher borrowing costs due to a continued dip in banking system…
Nigerian Equities Market Continues Downward Trend, Investors Lose N532bn in 4th…
The Nigerian equities market has faced a fourth consecutive week of losses, with heightened selling pressure and…
Telecom Sector Growth Hinges on AI, B2B Services, and Strategic Innovation Amidst…
The Nigerian telecom sector is grappling with steep tariff hikes, leaving consumers like Adebayo, a Lagos-based…
SEC Intensifies Measures Against Fraud, Promises Stricter Oversight of Nigeria’s…
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to protecting investors in Nigeria’s…
Tony Elumelu Foundation Grants African Entrepreneurs Over $115m, Create 1.5m Jobs
The Tony Elumelu Foundation (TEF) has distributed over $115 million in grants to African entrepreneurs, benefiting…
Ghana Government Falls Short of Treasury Bill Target by GH¢2.8 Billion
In its latest Treasury bill auction, the Ghanaian government has missed its target by GH¢2.8 billion, marking the…
RackCentre Expands Nigeria’s Digital Infrastructure with New AI Data Centre
RackCentre is making a significant contribution to Nigeria's digital economy with the launch of its new 12…
Revitalizing Nigeria’s Creative Economy: CBN’s Push for a $25 Billion…
The Central Bank of Nigeria (CBN), in partnership with the Bankers’ Committee, is spearheading efforts to…