Naira Weakens as Dollar Index Hits 2022 Lows Amid Growing Market Concerns
The Nigerian naira saw slight gains in the country’s foreign exchange market, with official rates hovering near…
Firm secures funding to promote AI
The Kayode Alabi Leadership and Career Initiative (KLCI) has received N75 million in cloud credits from Amazon Web…
OPEC Lowers Oil Demand Forecast as US Tariffs Rattle Global Markets
OPEC has revised its global oil demand growth forecast for 2025, trimming it to 1.3 million barrels per day (bpd),…
CBN Warns Banks Against Illicit Funds Amid Recapitalisation Drive
The Central Bank of Nigeria (CBN) has issued a strong warning to deposit money banks against sourcing capital from…
Entrepreneurs Applaud FCMB’s BEST Programme for Boosting Business Growth
First City Monument Bank (FCMB) is receiving widespread praise for its recent Business Empowerment, Sustainability…
Nigeria’s Oil Production Hits 2025 Low, Threatening Budget and Economic Stability
Nigeria’s oil production has dropped to its lowest level in 2025, raising concerns over the country’s economic…
African Trade Ministers to Address Trump’s Tariff Threat
African Trade Ministers from across the continent are convening on Monday, April 14, 2025, to discuss the newly…
Banks and Manufacturers Overcome Economic Challenges to Post Impressive Profits…
Despite Nigeria's economic struggles, including high inflation, a depreciating naira, and rising interest rates,…
Afriland Properties Approves N865.5m Dividend as 2024 Profits Surge
Afriland Properties Plc has received shareholder approval to distribute a total dividend of N865.5 million,…
Trump’s Commerce Secretary Warns of Future Tariffs on Tech Products
The U.S. tech industry’s temporary relief from tariffs may soon come to an end, according to Commerce Secretary…
Trump’s Escalating Trade War with China Poses High Stakes for U.S. Economy
President Donald Trump’s trade war with China has reached a critical juncture, as rising tariffs threaten to push…
Federal Court Admits FIRS Documents in Ongoing Tax Evasion Case Against Binance in…
The Federal High Court in Abuja has accepted evidence from the Federal Inland Revenue Service (FIRS) regarding its…
Telecom Operators Begin Infrastructure Overhaul Amid Service Complaints and Tariff…
Telecommunications operators across Nigeria have begun major upgrades and equipment installations to improve…
Insurance Operators Urged to Drive Reforms for National Development
Insurance sector operators have been called upon to implement significant reforms aimed at improving the…
MAN Warns U.S. Tariff Could Derail Nigeria’s N55trn Budget, Threaten AfCFTA…
The Manufacturers’ Association of Nigeria (MAN) has raised the alarm over the imposition of a 14% tariff on…
SEC Cracks Down on Unregistered Digital and Forex Trading Platforms Under New ISA…
The Securities and Exchange Commission (SEC) of Nigeria has announced a ban on the operation of digital asset…
Investors Cautious as NGX Sheds N440bn Amid Economic Jitters
The Nigerian Exchange (NGX) faced a sharp downturn last week, with market capitalisation dropping by N440.51…
European Stocks Surge on Tech Tariff Reprieve, But Uncertainty Lingers
European markets rebounded sharply on Monday, with the pan-European Stoxx 600 index climbing 2.2% as all sectors…
Unclaimed Dividends Hit ₦68.7bn in 2024 as SEC Doubles Down on Tech-Driven…
In 2024, thirteen major companies listed on the Nigerian Exchange (NGX) reported a combined ₦68.7 billion in…
Banks and Universities colluding to frustrate student loan disbursement, says NOA
The National Orientation Agency (NOA) has raised serious concerns over alleged collusion between some universities…
Fitch Upgrades Nigeria’s Credit Rating to Stable Amid Reforms and Economic…
Fitch Ratings has upgraded Nigeria’s credit rating to ‘B’ with a stable outlook, reflecting the country’s economic…
FG Seeks Continued EU Support for Nigeria’s Power Sector Reform
The Nigerian government is calling for continued technical and financial support from the European Union (EU) to…
Government Achieves GH¢6.67bn in Treasury Bill Auction Oversubscription-GHANA
The government of Ghana successfully raised GH¢6.67 billion in its latest treasury bill auction, surpassing its…
Ghana’s Damang Mine Decision Paves Way for Local Investment in Mining Sector –…
The Ghanaian government’s decision not to extend the mining lease for the Damang Gold Mine has been positioned as…
ISA 2025 Ushers in Bold Reforms to Transform Nigeria’s Capital Market
The newly enacted Investments and Securities Act (ISA) 2025 has been hailed as a landmark reform that resets…
Oil Slump and US Tariffs Shake Nigeria’s FX Market, Deepening Naira Volatility
Nigeria’s foreign exchange market has once again come under intense pressure as a mix of falling global oil prices…
Nigerian Stocks to Watch: Oando’s Struggles, VFD’s Surge, and Wema’s Rights Issue…
The Nigerian stock market closed the week ending April 11, 2025, on a bearish note, as the All-Share Index dropped…
Traditional Banks in Nigeria See Mixed Results as They Enter Fintech Space
Nigerian traditional banks began diving into the fintech industry in 2017, with Wema Bank’s launch of its ALAT…
Government Rejects GH¢2.36bn in T-bill Bids Amid Fiscal Caution
The government of Ghana has adopted a more cautious approach to borrowing, rejecting a substantial portion of bids…
Vegetable Exporters Urge AfCFTA to Address Trade Barriers Impeding Intra-African…
The Vegetable Producers and Exporters Association of Ghana has called on the African Continental Free Trade Area…