Browsing Category
Local
COPEC Opposes Proposed 20% Transport Fare Hike, Cites Stable Fuel Prices
The Chamber of Petroleum Consumers (COPEC) has firmly rejected reports of a proposed 20% increase in public!-->…
BoG Slashes Policy Rate by 300bps to Spur Cheaper Lending and Boost Economic…
The Bank of Ghana (BoG) has implemented a historic monetary policy shift by cutting its benchmark policy rate by!-->…
Tinubu Signs Landmark Insurance Reform Act to Drive $1 Trillion Economy Vision
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, marking a!-->…
Telcos Pump N824.7bn into Network Expansion Amid Subscriber Outrage over Poor…
Nigeria's leading telecom operators, MTN and Airtel, have collectively invested over N824.7 billion in!-->…
Naira Holds Firm Despite Dip in FX Inflows: Analysts Cite Strong Reserve Build-Up,…
The Nigerian naira maintained its stability despite a recent decline in foreign exchange (FX) inflows, according!-->…
Nigeria’s Banking Sector Attracts $3.1bn as Capital Inflows Surge, Manufacturing…
Capital importation into Nigeria jumped to $5.64 billion in the first quarter of 2025, marking a 67.12% increase!-->…
Cedi Surge Sparks 50% Drop in Remittances, BoG Governor Reveals-Ghana
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has revealed that the recent sharp appreciation of the!-->…
Suitroh Partners with Banks to Launch X-Inventory, Boost SME Financing and Supply…
Suitroh Nigeria Limited, a fintech-driven logistics company, has unveiled a new digital trade platform called!-->…
Nigeria’s New Tax Reforms Aim to Boost Tech Sector but Raise Compliance Concerns
President Bola Tinubu's recent endorsement of comprehensive tax reforms signals a significant shift in Nigeria’s!-->…
Nigeria Becomes 4th Most Expensive Country to Borrow in Africa as Interest Rates…
Nigeria has emerged as the fourth most expensive country to borrow in Africa, according to a new report by!-->…
FCMB Group Reports N79.3bn Half-Year Profit in 2025, Driven by Strong Digital…
FCMB Group Plc has reported a profit before tax of N79.3 billion for the first half of 2025, marking!-->…
Investor Caution Slashes July FX Inflows by 21% Amid Global, Local Uncertainty
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) fell by 20.9% in July 2025 to $3.83!-->…
Nigeria’s Economic Growth Slows in July 2025 as Manufacturing Suffers Historic…
Nigeria’s economic growth lost significant momentum in July 2025, with the manufacturing sector experiencing its!-->…
Banks’ Deposits with CBN Surge 783% to ₦79.8 Trillion Amid Excess Liquidity and…
Banks’ deposits with the Central Bank of Nigeria (CBN) soared by 783.7% year-on-year to ₦79.8 trillion in the!-->…
Ghana’s T-Bill Auction Oversubscribed by 42% as Investors Rush to Lock in Yields
Ghana’s latest Treasury bill (T-bill) auction has recorded a significant oversubscription, with investor demand!-->…
Debt Discipline Vital to End Ghana’s IMF Dependency – Experts Warn
Ghana must embrace sustainable debt management to escape its recurring dependence on the International Monetary!-->…
SEC Flags $2.1bn in Suspicious Crypto Deals Across West Africa
The Director-General of Nigeria’s Securities and Exchange Commission (SEC), Emomotimi Agama, has raised alarms!-->…
CBN’s FX Code Sparks Naira Rally, Market Stability, and Investor Confidence
Six months after the Central Bank of Nigeria (CBN) launched the Nigerian Foreign Exchange Code (FX Code), the!-->…
IMF Upgrades Nigeria’s 2025 Growth Forecast Amid Easing Inflation, Currency…
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Nigeria upward, projecting!-->…
Forex Inflows Drop 20.9% in July Despite Market Optimism, Naira Shows Modest Gains
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) declined sharply by 20.9% in July 2025,!-->…
Nigeria’s Business Confidence Climbs for Sixth Month in 2025; Manufacturing Sector…
Nigeria’s Business Performance Index showed sustained growth for the sixth consecutive month in June 2025,!-->…
DMO Opens August 2025 FGN Savings Bonds with Up to 15.4% Interest Amid Declining…
The Debt Management Office (DMO) has announced the opening of the August 2025 Federal Government of Nigeria (FGN)!-->…
FBNQuest Forecasts 3.4% GDP Growth for Nigeria in 2025, Naira to Weaken to…
Analysts at FBNQuest Merchant Bank project that Nigeria’s economy will maintain its recovery in 2025, with real!-->…
How AI and RegTech Are Transforming Compliance for Nigerian Startups – Expert…
As Nigeria’s fintech industry matures, startups are experiencing increasing regulatory scrutiny from agencies like!-->…
Banks Unlikely to Cut Lending Rates Despite BoG’s Aggressive Rate Slash –…
Despite the Bank of Ghana's (BoG) bold decision to cut the policy rate by 300 basis points to 25 percent,!-->…
NNPC Raises Petrol Price to N890/Litre, Surpassing Market Average Amidst…
The Nigerian National Petroleum Company (NNPC) Ltd has increased the pump price of Premium Motor Spirit (PMS),!-->…
Nigerian Businesses Struggle with Credit Crunch Despite Rising Optimism —…
Nigerian businesses experienced a deepening credit crunch in June 2025 despite signs of robust economic recovery,!-->…
Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in…
The Nigerian Exchange (NGX) continued its remarkable bullish run, marking its tenth consecutive week of gains. The!-->…
Marketers seek unified distribution plan with Dangote Refinery
Oil marketers under the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) are urging the Dangote!-->…
Africa Creative Market 2025 to Drive Export Growth and Global Investment
The Africa Creative Market (ACM) has announced that its 2025 edition will be centered on expanding Africa’s!-->…