Nigeria Records $15.2 Billion Net Forex Inflow in Q1 2025 Amid Deepening Market…
Nigeria’s foreign exchange (FX) market posted a net inflow of $15.2 billion in Q1 2025, signaling a sharp boost in…
FBI Reports $5.8 Billion in Crypto Investment Scam Losses in 2024, Elderly Most…
The FBI’s latest Internet Crime Complaint Center (IC3) report paints a dire picture of the growing threat of…
Zap Africa and Paystack: Trademark Dispute Sparks Debate on IP Awareness in…
A brewing trademark dispute between crypto startup Zap Africa and fintech heavyweight Paystack is raising eyebrows…
Nigerian Banks Redefine Profitability Through Digital Innovation and Non-Interest…
In the face of Nigeria's turbulent economic climate marked by inflation, currency devaluation, and regulatory…
Jimoh Ibrahim Urges IMF to Anchor African Economic Projections on Empirical Data
At the IMF/World Bank Spring Meetings in Washington DC, Nigerian Senator and business leader Jimoh Ibrahim…
MTN Tops Inward Porting Chart as 9mobile Bleeds Subscribers — NCC Report
The latest data from the Nigerian Communications Commission (NCC) shows a clear trend in Nigeria’s telecom space,…
Google Launches 2025 Startups Accelerator for AI Innovations in Africa
Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program. This…
Cardoso’s Global Diplomacy to Strengthen Nigeria’s Economy and Investor Confidence
In April 2025, during the International Monetary Fund (IMF) and World Bank’s Spring Meetings in Washington, DC,…
Nigerians Save N75.65 Trillion in Quasi-Money Amid Economic Uncertainty, CBN…
Amid ongoing economic challenges, Nigerians have increasingly turned to savings and low-risk financial…
Bank of Ghana Urges Enhanced Security Measures Amid Rising Fraud Cases
The Bank of Ghana has called for a heightened focus on fraud prevention within the country's banking sector,…
World Bank Partners with Ghana to Create 500,000 Jobs for Youth Annually
The World Bank has announced its commitment to helping Ghana address its youth unemployment crisis through a new…
Nigerian Stock Market Soars by N342bn, Driven by Banking and Consumer Goods Stocks
Nigeria’s stock market experienced a notable rally on Wednesday, April 23, 2025, increasing by 0.53 percent, or…
Foreign Block Trades Drive Nigeria’s Stock Market to N2.23tn in Q1 2025
In the first quarter of 2025, Nigeria's stock market recorded impressive growth, with total transactions hitting…
NITDA Collaborates with Tech Stakeholders to Launch National Start-up Council
In a bid to foster a more robust entrepreneurial ecosystem, the National Information Technology Development Agency…
IMF Urges Nigeria to Strengthen Subsidy Reforms and Fiscal Discipline Amid Rising…
The International Monetary Fund (IMF) has stressed the importance of fiscal discipline in Nigeria, particularly in…
Nigeria Targets 7% Growth with Reforms, Aims to Attract Investments Amid Economic…
Nigeria is setting ambitious economic goals, targeting a 7% annual growth rate to lift millions of citizens out of…
IMF Warns Nigeria of Fiscal Strain as Global Tensions Threaten Oil Revenue
Nigeria is facing mounting fiscal pressure as the International Monetary Fund (IMF) warns that intensifying global…
Naira muted in unofficial market, Dollar turns green in global market
The Nigerian naira stayed relatively flat in the unofficial market, trading between N1,600 and N1,605 to the…
Nigerians Boost Savings as Quasi-Money Climbs 3.65% in March 2025 Amid Economic…
Nigerians are leaning into savings as the economy faces continued uncertainty, with quasi-money—highly liquid…
EU Slaps €700 Million Fine on Apple and Meta for Breaching Digital Competition…
In a significant move on April 23, 2025, the European Union fined Apple and Meta a total of €700 million for…
IOCs Undermine Nigerian Refineries by Dodging Local Crude Supply Mandates
Despite legal obligations under Nigeria’s Petroleum Industry Act (PIA), international oil companies (IOCs)…
OpenAI Eyes Chrome Acquisition Amid Google Antitrust Trial, Cites AI Competition…
OpenAI has expressed interest in potentially acquiring Google’s Chrome browser if regulators force its sale,…
Flutterwave and Yellow Card Join Circle’s Global Payments Network to Boost…
Flutterwave and Yellow Card have officially joined the Circle Payments Network (CPN), a major step in transforming…
Nigerian Insurance Sector Experiences 61% Growth in 2024, with Focus on Claims…
The Nigerian insurance industry has witnessed an impressive 61% growth as of the third quarter of 2024, as…
IMF Warns of Growing Global Financial Stability Risks Amid Tightening Conditions…
The International Monetary Fund (IMF) has issued a warning about rising global financial stability risks, driven…
U.S. Regulatory Scrutiny Sparks Fears of Chinese Stock Delisting
Concerns over the potential delisting of Chinese stocks from U.S. exchanges have been reignited, particularly…
Legend Internet Set to List 2 Billion Shares on NGX, Paving Way for Digital Growth…
Legend Internet Plc is making headlines as it prepares to list 2 billion shares on the Nigerian Exchange (NGX)…
Trump Slams Fed Chair Powell, Triggering Market Turmoil and Dollar Slide
U.S. financial markets took a sharp dive on Monday after President Donald Trump publicly lashed out at Federal…
Brokers recommend “hold” on banking stocks as market sentiment improves
Market analysts are taking a cautious but optimistic stance on Nigeria's banking sector, issuing a string of…
Naira Holds Steady Amid Global Dollar Resurgence and Fed Drama
The naira stayed relatively stable in Nigeria’s unofficial market, trading between N1,600 and N1,605 per dollar,…