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SIGA to Revamp Performance Contracts in Line with Ghana’s 24-Hour Economy Drive
The State Interests and Governance Authority (SIGA) has announced plans to revise performance contracts for…
World Bank Partners with Nigeria on Landmark 90,000km Fiber Optic Project to Boost…
The World Bank has announced a major partnership with the Nigerian government to roll out a nationwide…
FCMB, ICCN Call for Sustainable Trade Reforms to Boost Nigeria’s Global…
First City Monument Bank (FCMB) and the International Chamber of Commerce Nigeria (ICCN) Banking Commission have…
Nigeria’s Trade Slows Amid Rising Costs, Weak Demand
Nigeria’s trade sector experienced a marginal decline in its contribution to GDP in the first quarter of 2025,…
Ghana Restores Economic Confidence in Under 200 Days – Finance Minister Ato Forson
Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, has declared that the government has successfully restored…
Nigeria Slips to Fourth in African Startup Funding as South Africa Dominates H1…
South Africa emerged as Africa’s leading startup investment hub in the first half of 2025, securing $344 million…
Nigeria Becomes Net Importer of U.S. Crude Amid Dangote Refinery Surge
For the first time in history, Nigeria imported more crude oil from the United States than it exported, reversing…
Nigerian Stock Market Inches Higher as Nestle, 29 Stocks Lift NGX Index by 0.08%
Equities on the Nigerian Exchange Limited (NGX) extended their upward momentum on Wednesday, July 24, 2025, with…
SEC Embraces Quantum and Blockchain to Transform Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the…
Nigeria’s Economy Rebounds: Edun Hails Rebasing and Q1 2025 GDP Growth as…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised the rebased…
Nigerian Banks Close 29.4 Million Accounts Amid NIN-BVN Compliance Push; 33…
As of March 2025, Nigerian commercial banks recorded 29.4 million closed bank accounts, reflecting an aggressive…
11 Nigerian Banks Breach CBN Bad Loan Threshold Amid Risk Reclassification
At least 11 commercial banks in Nigeria surpassed the Central Bank of Nigeria's (CBN) regulatory ceiling of five…
Dangote Refinery Drives Record U.S. Crude Oil Exports to Nigeria
For the first time in history, the United States became a net exporter of crude oil to Nigeria in February and…
Nigeria’s Financial System Stable, Reforms Here to Stay — CBN Governor Cardoso…
Reassurance Amid Global Uncertainty:Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has affirmed the…
Naira Could Strengthen to ₦1,400/$ by Year-End Amid Eurobond Hopes, Oil Rally, and…
Nigeria’s currency, the naira, is projected to appreciate to ₦1,400 per dollar in the second half of 2025,…
NGX Ends Flat Despite N67bn Market Cap Gain as Trading Volume Slumps
The Nigerian Exchange Limited (NGX) wrapped up Wednesday’s trading session on a muted note, recording a modest…
Nigeria’s Fintech Week Goes Nationwide: Expanding Innovation Beyond Lagos
The Fintech Association of Nigeria (FinTechNGR) is set to take its flagship event, the Nigerian Fintech Week,…
Nigeria’s ICT Sector Fuels Economic Growth with 7.4% Surge in Q1 2025
Nigeria’s Information and Communication Technology (ICT) sector has continued to drive the nation’s economic…
Nigeria Needs 7% Annual Growth to Lift Poor, Says Finance Minister
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the country must…
African Sovereign Wealth Funds Rise as Pillars of Infrastructure and Economic…
Sovereign wealth funds (SWFs) across Africa are emerging as powerful tools for capital mobilisation, strategic…
Ghana’s Mining Chamber Urges Government to Cut Growth and Sustainability Levy to…
In anticipation of Ghana’s upcoming mid-year budget review, the Ghana Chamber of Mines is advocating for a…
Nigeria’s ICT Sector Surges 31.63% in Q1 2025, Driven by Broadband, Mobile Growth,…
Nigeria’s Information and Communications Technology (ICT) sector posted a significant 31.63% year-on-year nominal…
Dangote Refinery Imports 10 Million Barrels of Crude Monthly Amid High Costs,…
Aliko Dangote, President/CEO of Dangote Industries, revealed that the Dangote Refinery imports between 9 to 10…
Stock Market Soars as Investors Push NGX Up by ₦396 Billion Amid Bullish Sentiment
The Nigerian stock market maintained its bullish momentum on Tuesday, July 22, 2025, adding ₦396 billion in market…
NGX and FG Drive Push for Capital Formation to Boost $1 Trillion Economic Goal
At the 2025 Chartered Institute of Stockbrokers (CIS) National Workshop held at the Presidential Villa in Abuja,…
Nigeria’s External Reserves Rise by $200 Million in 30 Days Amid Stable FX Market
Nigeria’s external reserves experienced a steady rebound over the past month, rising by $200.3 million from…
Stock Market Rallies as CBN Holds Rates Steady, Investors Eye Dividends
Nigeria’s stock market continued its upward momentum on Tuesday following the Central Bank of Nigeria’s (CBN)…
SEC Eyes $500bn from Dormant Commodities and Minerals to Boost Nigeria’s Economy
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has revealed that Nigeria…
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross…
NGX Set to Break Turnover Records in 2025 as Foreign Investment and Retail…
The Nigerian Exchange (NGX) is on track for a record-breaking year in 2025, with a turnover of ₦694 billion posted…