Nigeria’s Low GDP Per Capita Hinders Prosperity, Urgent Growth Needed — World Bank
Nigeria's economic output per person remains critically low, placing the country 146th out of 191 globally,…
Nigeria’s Debt Service Soars 49% Amid Mounting Fiscal Pressures
Nigeria’s debt service payments surged by 49.2% year-on-year in the first four months of 2025, reaching $2.01…
Naira Strengthens Across Markets, Hits N1,615/$ in Parallel Market
The Nigerian naira appreciated on Wednesday in both the parallel and official foreign exchange markets. In the…
NGX Loses N70bn as Market Reverses Gains Amid Mixed Investor Sentiment
The Nigerian Exchange (NGX) ended Wednesday’s trading session on a negative note, reversing the gains recorded a…
Africa’s Digital Surge Sparks Urgent Demand for AI and Cybersecurity Talent – SAP…
A new SAP report has revealed that Africa’s fast-growing digital economy is fueling an unprecedented demand for…
BREAKING:Petrol Prices Surge by 76.73% Year-on-Year in April 2025 Despite Monthly…
In April 2025, the average retail price of Premium Motor Spirit (PMS), or petrol, soared to N1,239.33 per litre,…
Lagos government sanctions 21 money lending firms for violations
The Lagos State government has penalized 21 money lending companies for breaching various regulatory guidelines.…
Nigerian Breweries Appoints Emmanuel Oriakhi as Sales Director to Lead Growth and…
Nigerian Breweries Plc has officially appointed Emmanuel Oriakhi as its new sales director, effective March 24,…
Global Markets Waver Amid U.S. Fiscal Concerns and Geopolitical Tensions
Global stock markets remained subdued while the U.S. dollar slipped on Wednesday as investors grew increasingly…
BoG’s MPC Convenes 124th Meeting Amid Cedi Stability and Inflation Watch_Ghana
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has commenced its 124th meeting to evaluate the…
Naira Strengthens Amid FX Reforms as CBN Marks Monetary Policy Milestone
The naira showed modest gains in both the official and parallel foreign exchange markets on Tuesday, appreciating…
Nigerian Tech Startups Defy Economic Storms to Post Seven-Fold Growth
Despite facing one of the toughest economic periods in recent Nigerian history, seven tech companies have recorded…
UK Inflation Surges to 3.5% in April, Disrupting Interest Rate Cut Expectations
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022.…
“U.S. Economic Woes Rattle Consumers, But Nestlé Gains Ground, CEO…
Nestlé CEO Laurent Freixe has acknowledged that American consumers are feeling the strain of an economic slowdown,…
Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum
President John Dramani Mahama opened the 3rd Ghana-EU Business Forum in Accra with a strong call to action for…
Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that recent monetary reforms have made…
Nigerians Spend ₦5.3 Trillion on Telecom Services in 2023
In 2023, Nigerians spent an estimated ₦5.3 trillion on telecommunications services, covering voice calls, data…
Google Unveils Bold AI Vision with Smart Glasses, AI Mode, and Premium Plans at…
At its annual I/O conference in Mountain View, California, Google introduced major advancements in artificial…
UK-EU Post-Brexit Reset Shakes Markets: Gilt Yields Surge, Sterling Rallies
The United Kingdom and the European Union have reached a landmark agreement to reset their post-Brexit…
MPC Holds Interest Rate at 27.5% as CBN Seeks Fiscal Support for Naira Stability
The Central Bank of Nigeria (CBN), at its 300th Monetary Policy Committee (MPC) meeting, opted to retain the…
Resilient Revenue: Seplat, MTN, and 19 Other Firms Generate N6.4 Trillion in Q1…
Despite ongoing economic headwinds in Nigeria, 21 major companies listed on the Nigerian Exchange (NGX) –…
Lagos Partners with Marketing Analytics Africa to Host Landmark 2025 AMTEC…
Lagos State has announced a strategic partnership with Marketing Analytics Africa (MAA) to host the 2025 African…
Nigeria Risks Losing $11bn Annually Over Digital Skills Gap, Experts Warn
Nigeria could forfeit an estimated $11 billion annually in potential economic growth due to a widening digital…
Nigerian Stocks Edge Up as MPC Maintains Policy Rates
Nigeria’s equities market posted a slight gain of 0.03% on Tuesday, equivalent to a N20 billion increase in market…
BudgIT Uncovers N6.93 Trillion Worth of Questionable Projects in 2025 Budget
BudgIT, a civic technology organization advocating for transparency in public finance, has uncovered that the…
Japan’s Super-Long Bond Yields Hit Record Highs Amid Fears Over Weak Demand and…
Yields on Japan’s super-long government bonds surged to historic highs on Tuesday, fueled by investor concerns…
CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today amid high anticipation from…
Dangote Refinery Vows to Keep Petrol Prices Stable Amid Global Oil Volatility
Dangote Petroleum Refinery has reiterated its commitment to reducing and stabilizing petrol prices in Nigeria,…
Nigeria’s Digital Economy Surges with $191m FDI and $2bn Fibre Optic Rollout
Nigeria's digital economy is experiencing unprecedented growth under President Bola Ahmed Tinubu, attracting $191…
Youth Innovators Call for Digital Inclusion to Bridge Development Gap
At the recent Global Accessibility Awareness Day (GAAD) event in Abuja, young innovators advocated for improved…