Browsing Category
Local
Increase in import volume affecting Nigeria’s currency — Prof Opara
Professor Kennedy Opara, former Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC) and…
NCC, MTN, Others Back Titans of Tech 2025 to Drive ICT Innovation in Nigeria
The Nigerian Communications Commission (NCC), MTN Nigeria, and several key players in the ICT industry have…
Experts Raise Alarm Over Nigeria’s Heavy Dependence on China for Imports
Nigeria's growing reliance on China as its primary import partner has triggered concern among financial analysts…
Ghana’s Producer Price Inflation Drops to 5.9% in June — Lowest Since November…
Ghana's Producer Price Inflation (PPI) dropped sharply to 5.9% in June 2025, its lowest level since November 2023,…
Nigeria’s Eurobonds Lead Africa in H1 2025 as Reforms Boost Investor Confidence
In the first half of 2025, Nigeria's Eurobonds outperformed those of other African nations, recording the sharpest…
Mobile-Phone Technology Fuels Financial Inclusion Boom in Nigeria and Developing…
A new report by the World Bank Group has revealed a significant surge in financial account usage and formal…
Nigeria’s Inflation Rate Eases to 22.22% in June 2025 Amid Food Price Adjustments
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s headline inflation rate to 22.22% in…
Meta Battles $32.8M NDPC Fine in Nigeria Over Data Privacy Violations
Meta Platforms Inc., the parent company of Facebook and Instagram, is facing a major legal challenge in Nigeria…
Naira Strengthens to ₦1,537/$ on Black Market, FX Gap Narrows to ₦7
The Nigerian naira appreciated further in the parallel (black) market on Wednesday, strengthening to ₦1,537 per US…
Fitch Expects BoG to Hold Policy Rate at 28% Amid Easing Inflation, Eyes Potential…
Fitch Solutions anticipates that the Bank of Ghana (BoG) will maintain its benchmark policy rate at 28% during an…
CBN Injects $4.1bn to Stabilise Naira Amid Reserves Decline, Analysts Warn of…
In the first half of 2025, the Central Bank of Nigeria (CBN) injected $4.1 billion into the foreign exchange…
Dangote Warns Africa Is Becoming Dumping Ground for Substandard Fuel
Aliko Dangote, President of Dangote Industries Limited, has expressed grave concern over Africa's increasing…
Nigerian Stock Market Hits N127tr Capitalisation as Reforms, Investor Confidence…
The Nigerian capital market achieved a significant milestone in the first half of 2025, with total market…
Dangote Disputes Nigeria’s Petrol Consumption Figures, Cites Corruption in Subsidy…
A major dispute has emerged between Nigeria’s top industrialist Aliko Dangote and the Nigerian Midstream and…
Global Banks Under Fire for $385 Billion Coal Financing as Environmental Alarm…
A new report by German nonprofit Urgewald reveals that global banks have provided over $385 billion in financing…
IMF Urges Ghana to Reform Bank Resolution Laws After Court Blocks Central Bank…
The International Monetary Fund (IMF) has expressed serious concerns over recent court decisions in Ghana that…
Naira Hits 4-Month High at N1,518/$ as CBN Interventions and Oil Output Boost…
The Nigerian naira rallied to its strongest level since March, closing at N1,518 per dollar on the official…
Nigerian Stock Market Opens Week Bullish, Hits N80 Trillion Market Cap
The Nigerian equities market kicked off the new trading week on a strong positive note, with the overall market…
Nigerian Outsourcing Sector Embraces AI for Global Competitiveness
The Nigerian outsourcing industry is undergoing a significant transformation with the integration of artificial…
Finance Minister Defends Tinubu’s Economic Reforms as Tough but Essential for…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has come out in strong…
Nigerians Endure Soaring Telecom Costs, Poor Service Amid $1 Billion Network…
Telecommunications subscribers across Nigeria are expressing growing frustration over deteriorating network…
SEC Warns Nigerians Against Fraudulent Firm Forsman & Bodenforms
The Securities and Exchange Commission (SEC) has issued a public warning about Forsman & Bodenforms Limited,…
NACC Teams Up with Tech Summit to Boost Nigeria’s Digital Governance
The Nigerian American Chamber of Commerce (NACC) has partnered with the Nigeria eGovernment Summit 2025 to promote…
FCMB Empowers Over 3,000 Nigerians with Cash Prizes in Ongoing Millionaire Promo
First City Monument Bank (FCMB) has rewarded a total of 3,016 customers in the 10th season of its highly popular…
Tougher Global Immigration Rules Jeopardize Nigeria’s $1bn Diaspora Remittance…
The Central Bank of Nigeria (CBN) is facing mounting challenges in its push to secure $1 billion in monthly…
BudgIT Ghana Rolls Out Simplified 2025 Budget to Empower Citizens and Strengthen…
BudgIT Ghana has officially launched its Simplified 2025 Budget Statement, reaffirming its commitment to promoting…
Naira Rallies to Four-Month High at ₦1,518/$ Amid Renewed CBN Interventions
The Nigerian naira recorded its strongest performance in four months on Monday, appreciating to ₦1,518/$ on the…
Banks Bite the Bullet as N156bn Impairment Charges Hit Q1 2025 Earnings
Eight Nigerian banks posted a total of N156bn in impairment charges on credit and financial assets during Q1 2025,…
Capital Market in Focus as Stockbrokers Strategize for Nigeria’s $1 Trillion…
Stockbrokers under the Chartered Institute of Stockbrokers (CIS) are organizing a high-level workshop to explore…
NGX Raises ₦4.63 Trillion in H1 2025 as Digital Innovation Drives Market Expansion
The Nigerian Exchange Limited (NGX) facilitated capital raising worth ₦4.63 trillion in the first half of 2025,…