Hermes To Hike US Prices To Offset Tariff Impact
French luxury brand Hermès announced plans to increase its U.S. prices starting May 1 to counter the impact of a…
FG Targets Cooperative Sector Revamp to Drive $1 Trillion Economy
The Federal Government of Nigeria has launched a comprehensive initiative aimed at revitalizing the country's…
Nigeria Lands $1.3B Mining Investment, Eyes $25B GDP Surge & $8B FX Boost —…
Nigeria just bagged a massive mining investment deal worth $1.3 billion, and it’s being called the biggest private…
Ghana’s Producer Price Inflation Dips to 24.4% in March Amid Sectoral Shifts and…
Ghana’s Producer Price Inflation (PPI) saw a notable decline in March 2025, falling to 24.4% from 27.6% the…
Ghana Rolls Out $1M Fund to Empower Northern Farmers and Boost Food Security
In a bold move to strengthen agriculture and combat food insecurity in the northern parts of the country, Ghana's…
Stakeholders Push for Stronger Monitoring to Accelerate Ghana’s Industrial Growth
In a timely call to action, stakeholders are emphasizing the urgent need for stronger monitoring and evaluation…
Crypto Market Sheds $633.5 Billion in Q1 2025 Amid Recession Jitters and Investor…
The crypto market took a serious hit in the first quarter of 2025, losing over $633 billion in market value—a drop…
Trump’s 90-Day Tariff Pause and Its Global Trade Impact
In a sudden shift, former U.S. President Donald Trump announced a 90-day pause on tariffs, which had previously…
Stocks Struggle as Fed’s Powell Issues Caution, Euro Dips Ahead of ECB…
European markets faced a decline on Thursday as uncertainty surrounding the global economy persisted. The STOXX…
Nigeria’s March 2025 Inflation: Rising Pressures and Unexplained Data…
In March 2025, Nigeria’s inflation rate rose to 24.23% from 23.18% in February, marking the first increase since…
Petroleum Experts Urge Fiscal Incentives to Boost Gas and Oil Investment in…
Ahead of its 50th anniversary, the Nigerian Association of Petroleum Explorationists (NAPE) has called on the…
Google Blocks 5.1 Billion Harmful Ads, Calls for Global Collaboration Against…
In its 2024 Ads Safety Report, Google revealed its significant efforts to combat online threats, blocking 5.1…
Nvidia Defends AI Chip Sales After Suspension of H20 Exports to China, Faces…
Nvidia has stated that it follows U.S. government export laws "to the letter" after announcing a $5.5 billion loss…
EU Eyes Nigeria’s Solid Minerals for Trade and Investment Expansion
The European Union (EU) has shown significant interest in expanding trade and investment in Nigeria’s solid…
Nigeria and South Africa Sign Mining MoU to Drive Industrialization and Job…
Nigeria and South Africa have entered into a Memorandum of Understanding (MoU) to strengthen their mining sectors,…
ECOWAS Bank Appoints Ghana’s Finance Minister Cassiel Forson as New Chairman
The ECOWAS Bank for Investment and Development (EBID) has appointed Dr. Cassiel Ato Forson, Ghana’s Minister of…
Christabel Onyejekwe Appointed Chairperson of Africa Prudential as Board…
Christabel Onyejekwe has officially been named the new Chairperson of Africa Prudential Plc, marking a significant…
Turning Trade Tensions into Opportunity: How Nigeria Can Leverage Global Shifts…
With the ongoing trade rift between the US and several countries—including Nigeria—the Chartered Institute of…
Naira Weakens Slightly to N1,604/$1 in Official Market, Stakeholders Optimistic…
The naira closed at N1,604 to the dollar on Tuesday, slightly weaker from the previous day’s N1,599. The official…
Nigeria-China Currency Swap at Risk as Trade Imbalance Widens — CBN Warns
The Central Bank of Nigeria (CBN) has expressed concern that the persistent trade imbalance between Nigeria and…
Petrol Prices May Drop to N800/Litre as Dangote Refinery Slashes Rates Amid…
Petrol prices in Nigeria could soon fall to around N800 per litre due to a combination of declining global crude…
Banking Stocks Drag NGX Down as Investors Lose N445bn in One Day
The Nigerian Exchange (NGX) took a significant hit on Wednesday, April 16, reversing the previous day’s modest…
Naira Stabilizes as FX Market Liquidity Improves, Dollar Rate Inches Down
The Nigerian naira remained stable on Tuesday at the official foreign exchange (FX) market, closing slightly…
Local Investors Take the Lead in Africa’s Evolving Startup Funding Landscape
Africa’s startup funding scene is shifting in a big way, with local investors stepping up more than ever. In 2024,…
Dangote Refinery Slashes Petrol Ex-Depot Price to N835 Amid Global Crude Dip
Dangote Petroleum Refinery has once again brought some relief to the downstream oil sector by cutting the ex-depot…
Fitch projects Nigeria’s external debt service to hit $5.2bn in 2025
Fitch Ratings has projected a sharp increase in Nigeria’s external debt service, expecting it to rise to $5.2…
Nigerian Government Grants 47 Refinery Licenses to Boost Domestic Production and…
In a significant move to enhance Nigeria's refining capacity and reduce reliance on imported petroleum products,…
AEW 2025 Sets Stage for Africa’s $43bn Energy Boom, Focuses on Transition…
The African Energy Week (AEW) has officially launched its 2025 conference, marking a pivotal moment in Africa's…
Nigerian Exporters Urged to Adopt Self-Sustaining Forex Strategies to Reduce CBN…
Nigerian exporters have been advised to reduce their reliance on the Central Bank of Nigeria (CBN) for foreign…
World Bank Applauds Nigeria’s Strong GDP Growth, Urges Continued Economic Reforms
The World Bank has praised Nigeria’s recent economic progress, specifically its 3.4% GDP growth in 2024, the…