Stockpiling ahead of tariffs likely hurt US economy in the first quarter
The U.S. economy likely came to a near standstill, or even slipped into contraction, during the first quarter of…
Investors Flee Wall Street Turmoil, Seek Safety in Emerging Markets and Niche…
Investor confidence in Wall Street has sharply declined following a series of disruptive U.S. policy…
Trump Officials Consider Major Changes to Biden’s AI Chip Export Rules
The Trump administration is reportedly considering changes to a Biden-era rule that limits global access to…
Intel Gains Interest in Test Chips for Advanced 18A Process Amid Foundry Revamp…
Intel’s foundry unit has recently garnered attention from several of its contract manufacturing customers who are…
Edo State Investment Forum Targets Global Investors for Economic Growth
Edo State is taking significant strides towards economic growth as it seeks to attract investors through the…
Nigerian Telcos Commit Over $1 Billion to Chinese Network Gear in Major…
Telecommunication operators in Nigeria have placed orders exceeding $1 billion for network equipment from Chinese…
NGX Sheds ₦116bn as Profit-Taking Drags Market Down
The Nigerian Exchange (NGX) closed Tuesday, April 29th, on a bearish note as investors cashed out profits from…
FactCheck Africa Partners Meta’s Language Technology to Fight War Against…
In a major step toward combating digital misinformation across Africa, AI-powered fact-checking platform…
Nigeria’s Cold Chain Market: A N160bn Goldmine for Investors Battling Post-Harvest…
Nigeria’s cold chain sector, valued at N160 billion as of 2023, is revealing massive investment potential as it…
Investors Shift to Emerging Market Debt as U.S. Treasurys Lose Safe Haven Status…
Following U.S. President Donald Trump's announcement of tariffs in early April 2025, there has been a significant…
Local and International Capital Providers Key to Nigeria’s Economic Growth, Says…
At the 21st Annual AVCA Conference and VC Summit in Lagos, Temi Popoola, the Group Managing Director/CEO of the…
Telecom Stakeholders Push for Stronger Legislation and Regulatory Independence in…
Stakeholders in Nigeria's telecom sector are calling for stronger legislative measures to safeguard the industry…
FCMB Group Posts ₦7.1 Trillion in Assets, Declares Dividend at 12th AGM Amid…
At the recently held 12th Annual General Meeting of FCMB Group Plc in Lagos, shareholders endorsed the company’s…
NNPC Overhauls Leadership: Maryam Idrisu, Obioma Abangwu Appointed Amid Mass Staff…
The Nigerian National Petroleum Company (NNPC) Ltd has initiated a significant restructuring of its leadership,…
IMF Flags Ghana’s Energy Sector as Top Economic Risk, Urges Reform
The International Monetary Fund (IMF) has strongly backed Ghana’s Finance Minister’s warning that the country’s…
Naira Shows Resilience Despite Declining Reserves, Backed by CBN Reforms and…
Despite a noticeable decline in Nigeria’s external reserves, the naira has held steady in both official and…
UK’s Manufacturing Africa & TLG Capital Launch $200M Fund to Boost Nigerian…
In a move to inject fresh capital into Nigeria’s manufacturing sector, the UK government’s Manufacturing Africa…
Nigerian Breweries Appoints Uzodinma Odenigbo as New Corporate Affairs Director
Nigerian Breweries Plc has announced the appointment of Uzodinma Odenigbo as its new Corporate Affairs Director,…
FCCPC asks Ibadan Disco to refund customers’ transformer investments
The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ibadan Electricity…
CBN’s Financial Reforms Stabilise Nigeria’s Economy and Boost Investor…
Since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN) in October 2023, a raft of…
CAFS 2025: How Canada and Africa Are Joining Forces to Drive Fintech Innovation…
As fintech reshapes economies around the world, 2025 marks a turning point for deeper collaboration between Canada…
DeepSeek AI App Restored in South Korea After Privacy Compliance Updates
Chinese AI service DeepSeek is now back on South Korean app stores after a two-month suspension that followed…
Nigeria’s Debt Servicing Surges to N696bn in January, Outpaces Revenue by 144%
Nigeria's fiscal crisis deepened in January 2025 as the Federal Government spent a staggering N696.27bn on debt…
European Markets End on a High, FTSE 100’s Winning Streak Continues Amid…
European stock markets closed higher on Thursday, with most sectors seeing gains despite ongoing concerns about…
CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs
U.S. consumers are increasingly feeling the economic consequences of President Donald Trump’s tariffs, with price…
Emerging Economies Show Greater Trust in AI, Survey Finds
A new global survey from the University of Melbourne and KPMG reveals that people in emerging economies are more…
Stocks Steady, Dollar Firms as U.S. Eases Auto Tariffs Amid Market Jitters
Markets opened Tuesday on a cautious yet slightly positive note after the U.S. announced a softening of auto…
Naira Stays Firm Below ₦2,200/£ as Global Pound Strength Faces Local Resistance
The Nigerian naira held firm against the British pound in the unofficial market, closing at around ₦2,177/£ as of…
Google Opens 2025 Software Engineering Apprenticeship Applications in Paris
Google has officially opened applications for its 2025 Software Engineering Apprenticeship program in Paris,…
Fitch Upgrades Credit Ratings of Lagos, Kaduna, Kogi, and Oyo States Amid…
Global credit rating agency Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of Lagos,…