AfDB Approves $500m Loan to Boost Nigeria’s Energy Reforms and Fiscal Stability
The African Development Bank has approved a fresh $500 million loan to support Nigeria’s ongoing economic governance and energy transition…
Category: Local
High Lending Rates in Nigeria Strangling Production, MAN Urges CBN to Cut Interest Rates
The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the country’s high lending rates, warning that steep borrowing…
Nigeria’s Creative Economy: Experts Explore Models to Drive Social Impact and Investment
Leading experts and industry stakeholders convened in Lagos to explore practical strategies for harnessing Nigeria’s rapidly growing creative economy. The…
Ghana Poised for Major Interest Rate Cut as Inflation Falls to Four-Year Low
Ghana is preparing for what could be its third consecutive major interest rate cut, as the country’s inflation continues to…
Nigeria’s monthly trade surplus falls 35% to $1.39bn
The Nigerian equities market staged an impressive rebound on Tuesday, recovering N95 billion in market capitalization after six straight sessions…
Nigerian Tech Firm, Task Systems, wins Microsoft Best Partner Award in US
Nigeria’s technology landscape received global recognition as Task Systems Limited, a leading indigenous ICT firm, won the prestigious Microsoft Partner…
Analysts Warn CBN’s 27% MPR Could Stifle Growth as Businesses Face Rising Credit Pressures
The Central Bank of Nigeria’s (CBN) decision to keep the Monetary Policy Rate (MPR) at 27 percent has sparked fresh…
Experts Advocate Innovation and Partnership for Sustainable Digital Transformation in Africa
In a bid to foster an inclusive and sustainable digital ecosystem, Adeyinka Adedokun, CEO and Principal Consultant of Avetium Consult…
Nigerian Equities Market Rebounds with N95 Billion Gain as CBN Holds Rates Steady
The Nigerian equities market staged a notable recovery on Tuesday, November 25, bouncing back from six consecutive days of declines.…
Ghana Cedi Surges 32% Against Dollar in 2025: Strongest Performance in West Africa
Ghana’s cedi has continued its remarkable upward trajectory in 2025, recording a 32.2% appreciation against the US dollar on the…
Nigeria to save millions in FX as export tests get global approval
Nigeria is set to save millions of dollars in foreign exchange after the Nigeria National Accreditation System (NINAS) received global…
Nigeria Champions Africa’s Digital Sovereignty and Regional Collaboration at ICEGOV 2025
Nigeria has once again positioned itself at the forefront of Africa’s digital transformation, as the Director-General of the National Information…
NGX Rebounds After Six-Day Slump, Adds N94.47bn in Market Value
Bullish trading returned to the Nigerian Exchange Limited (NGX) on Tuesday, breaking a six-day losing streak that had dented investor…
Champion Breweries Launches N15.91bn Rights Issue to Boost Growth
Champion Breweries Plc has officially launched a N15.91 billion rights issue, inviting its qualified shareholders to participate in the capital-raising…
Sanwo-Olu Presents N4.2tn ‘Budget of Shared Prosperity’ for 2026 to Lagos Assembly
Lagos State Governor Babajide Sanwo-Olu on Tuesday submitted a landmark N4.237 trillion 2026 budget proposal to the Lagos State House…
CBN Confirms 16 Banks Have Met Recapitalisation Target as March 2026 Deadline Nears
The Central Bank of Nigeria (CBN) has confirmed that 16 Nigerian banks have now met the recapitalisation threshold, marking a…
Dangote, Honeywell Partner to Boost Refinery Capacity to 1.4m bpd by 2028
The Dangote Petroleum Refinery has taken a major step toward becoming the world’s largest single-location refining complex after sealing a…
Lontor Hi-Tech Invests N1.2B to Drive Sustainable Energy and Smart Living in Nigeria
LONTOR Hi-Tech Development Company has reaffirmed its dedication to sustainable energy and smart living in Nigeria with a landmark N1.2…
Nigerian Geochemist Pushes for Smarter, Sustainable Oil Production with New Scientific Evidence
Nigeria’s efforts to strengthen and modernise its energy sector are receiving a significant boost from new scientific insights, as petroleum…
Nigeria to Host 2026 ACI Africa Conference as Aviation Leaders Endorse Country’s Readiness
Nigeria has officially announced its readiness to host the 2026 Airports Council International (ACI) Africa Regional Conference and Exhibition. The…
SEC Urges Stronger Compliance Culture After Nigeria’s FATF Grey List Exit
Nigeria’s recent removal from the Financial Action Task Force (FATF) Grey List has prompted the Securities and Exchange Commission (SEC)…
Nigerian Market Slips as Capitalisation Falls by N69bn Amid Renewed Sell Pressure
The Nigerian equities market opened the week on a gloomy note as sustained sell pressure in 26 stocks dragged market…
Fitch Predicts Bank of Ghana Policy Rate Could Drop to 16.5% by 2026 Amid Stable Economy
Fitch Solutions has projected that the Bank of Ghana (BoG) could lower its monetary policy rate to 16.5% by the…
MTN Nigeria Remits N6.9 Trillion in Taxes, Reinforcing Role as Key Economic Driver
MTN Nigeria has reaffirmed its position as a cornerstone of the nation’s economy, revealing that its cumulative tax, levies, and…
Nigeria Achieves Global Quality Recognition, Boosting Exports to 140 Countries
Nigeria has achieved a major milestone in global trade after the Nigerian National Accreditation System (NINAS) received international recognition. This…
Afreximbank Aims to Boost African Trade to $40 Billion Under AfCFTA
Afreximbank has set an ambitious target of $40 billion to accelerate intra-African trade and industrialisation under the African Continental Free…
Dangote Champions Mechanised Farming to Boost Nigeria’s Economic Growth
The Dangote Group is leading efforts to modernize Nigeria’s agricultural sector through strategic partnerships aimed at boosting productivity and economic…
AI-Driven Future Dominates CICSRN Lagos Conference on Office Management
Artificial Intelligence (AI) took center stage at the 38th Annual National Conference and 2024 AGM of the Chartered Institute of…
Naira Strengthens Ahead of 303rd CBN MPC Meeting, Hits N1,452/$1
The Nigerian Naira recorded modest gains across the foreign exchange market on Monday, trading at N1,452/$1, up from N1,458/$1 last…
Lagos State Issues Record N244.82 Billion Bond to Boost Infrastructure and Green Development
Lagos State has made history with its latest bond issuance, raising N244.82 billion to fund major infrastructure and green development…