Nigerian Government Plans to Reduce Tax Waivers Given to Companies
The Nigerian Federal Government is preparing to review and reduce the tax waivers granted to companies operating…
Nigerian Government Tax Revenue Soars by 96.11% in Q2 2023
In the second quarter of 2023, tax revenue from both companies and consumers in Nigeria witnessed a remarkable…
Nigerian Stock Market Emerges as Second-Best Performer in Africa Over 3 Months
Despite concerns regarding inflation, interest rate hikes, and weak macroeconomic indicators, the confidence of…
Nigeria’s Stocks Surge by N1.08 Trillion
In the trading week concluding on September 1, Nigeria's stock market experienced significant growth, with an…
DSS Detains Central Bank Deputy Governor Amidst Ongoing Financial Mismanagement…
The Department of State Service (DSS) has reportedly apprehended Mr. Kingsley Obiora, the Central Bank of…
Reducing Nigerian Government Borrowing Requires Addressing Insecurity and…
Financial experts suggest that for the Nigerian government to reduce borrowing, it needs to address the issue of…
African Union Suspends Gabon’s Membership Following Coup
The African Union (AU) has suspended Gabon's membership after military officers ousted President Ali Bongo. This…
ECOWAS Denies Reports of Transition Proposal in Nigeria
The Economic Community of West African States (ECOWAS) has refuted reports suggesting that its leader, President…
Biden Administration Offers $12 Billion to Automakers to Retrofit Plants for EV…
The Biden administration is providing $12 billion in grants and loans to auto manufacturers and suppliers to…
China Takes Measures to Boost Economy Amidst Slowdown
As China grapples with an economic slowdown and a debt crisis in the property sector, authorities have rolled out…
Kenyan Savings and Credit Cooperative Societies (Saccos) Report Increased Lending…
Data from the annual Sacco Societies Regulatory Authority (SASRA) report for 2022 indicates that land purchases…
Nairobi Securities Exchange (NSE) Reports 72.4% Jump in H1 Net Profit Amid…
The Nairobi Securities Exchange (NSE) recorded a substantial 72.4% increase in net profit, reaching Ksh 69.38…
“Growing Skills Gap Poses Major Threat to Nigeria’s Telecom…
A dire warning has been sounded regarding the growing skills gap in Nigeria's telecommunications sector, which…
MTN Nigeria’s Financial Maneuvers: Raises N125 Billion via Series 6&7…
MTN Nigeria has successfully raised a substantial sum of N125 billion through its Series 6 and 7 commercial paper…
Dangote Group Shakes Up Subsidiaries in Mega Merger Move: Shareholders Brace for…
The Dangote Group has announced a merger of its subsidiaries, including Dangote Sugar, NASCON, and Dangote Rice,…
Google Introduces BigQuery Studio for Data Analytics
Google has unveiled a new service called BigQuery Studio, designed to address the challenges of executing big data…
Military Seizes Power in Gabon Following Election
A group of army officers in Gabon announced on national television that they had seized power in the Central…
Safaricom Disburses Dividend to Shareholders
Safaricom, a leading telecommunications company in Kenya, has commenced the distribution of a final dividend of…
World Bank Engages Nigerian Government on Effective Public Fund Utilization
The World Bank has communicated its engagement with the Federal Government of Nigeria to ensure that public funds…
Plural Launches AI-Powered Policy Tracking Platform in South Africa
Plural, an AI-powered policy tracking platform, has expanded its services into Africa, starting with South Africa…
Shell Signs Letter of Intent for Floating Production Unit in U.S. Gulf of Mexico
Shell Offshore, a subsidiary of Shell, has entered into a letter of intent (LOI) with Seatrium Oil and Gas…
Crude Oil Prices Rise on Hurricane Threat and Inventory Draw
Crude oil prices continued their upward trajectory, buoyed by a combination of factors including the approach of…
Floods Trigger Concerns for Nigerian Farmers Repaying N700bn Loan as Lagdo Dam…
As flooding engulfs frontline states following the release of water from Cameroon's Lagdo Dam, over 3.04 million…
AFEX and Ghana Commodities Exchange Join Forces to Boost Commodity Trading…
Nigeria's commodities exchange, AFEX, and Ghana Commodities Exchange (GCX) have embarked on a transformative…
Economic Challenges Pose Strain on Nigerian Banks’ Operating Expenses, Warns…
As inflation and economic pressures continue to rise, Nigeria's deposit money banks (DMBs) are cautioned to brace…
Google’s Former Director for West Africa, Juliet Ehimuan, Joins Zenith…
Juliet Ehimuan, a distinguished figure in the technology industry and former Director of Google West Africa, has…
Tony Elumelu Commends President Tinubu’s Bold Reforms for Long-Term Nation…
Tony Elumelu, Founder of the Tony Elumelu Foundation (TEF), has praised the administration of President Bola…
Nigerian Domestic Stock Transactions Surge to N1968.4bn YTD, Foreign Investors…
Domestic transactions on the Nigerian Exchange Limited have soared to N1968.4 billion year-to-date, surpassing the…
Nigerian BDC Operators and CBN Head for Showdown Amidst Market Manipulation Claims
Bureau de Change (BDC) operators and the Central Bank of Nigeria (CBN) seem to be on a collision course as…
Stock Market Buzz: FBN Holdings, Japaul, UBA, and More Drive Active Trading Frenzy
In a dynamic trading session, the Nigerian stock market witnessed high activity, with FBN Holdings, Japaul…