Trump’s New Tariffs Shake Global Markets, Pushing Stocks into Decline
US President Donald Trump’s latest round of tariffs, including a striking 104% duty on Chinese goods, took effect…
Africa’s $60 Billion AI Bet: Ambitious but Lags Behind Global Rivals
Africa has set an ambitious goal with a $60 billion investment into Artificial Intelligence (AI) development,…
Investors Gain N100bn as Nigerian Stock Market Rebounds After Previous Loss
Investors in the Nigerian Exchange Limited (NGX) experienced some relief as the market reversed a previous loss…
Trump’s Tariffs Threaten U.S. Economy and New York’s Future, Warns…
Senator Chuck Schumer has sharply criticized former President Donald Trump for the economic fallout caused by his…
Nigeria Stocks Join Global Decline Amid Tariff Turmoil, Investors Lose N659bn
Nigeria's stock market suffered significant losses, mirroring a global downturn triggered by U.S. President Donald…
AfDB President Adesina Calls for Stronger Global Financial Ties with Africa to…
Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has called for stronger collaboration…
Asia-Pacific Markets Rebound Following Previous Losses Amid Trade Tensions
Asian stock markets experienced a significant rebound on Tuesday after sharp losses in the previous session…
Bullish Momentum in Nigerian Fixed-Income Market to Slow in Q2 2025 Amid Global…
The Nigerian fixed-income market experienced significant bullish momentum in the first quarter of 2025, driven by…
False Report on Trump’s Tariff Pause Sparks Wall Street Chaos
Amid a turbulent morning on Wall Street, a false report posted by the popular news aggregator account, Walter…
Nigeria Eyes First National Data Park and AI Compute Hub at Egbin Power Plant
In an effort to boost Nigeria's digital economy, the government is planning to build the country’s first National…
Tech Leaders to Convene in Abuja for $180 Billion African Digital Economy…
The African Digital Economy & Inclusivity Conference (AFDEIC) 2025 will be held in Abuja, Nigeria, from August…
International payments facilitated by CBN hit $497m in February
In February 2025, the Central Bank of Nigeria (CBN) recorded a 17.2% year-on-year increase in international…
CBN, Firms Drive FX Inflows to 22-Month High Amid Global Trade Uncertainties
In March 2025, Nigeria's foreign exchange (FX) inflows surged to a 22-month high of $3.11 billion, marking a 51%…
African Trade Ministers to Convene on April 14 to Address Impact of U.S. Tariffs
African trade ministers will meet on April 14, 2025, to discuss the potential impact of new tariffs imposed by the…
AGI Warns Against ECG’s Non-Compliance with Local Content Laws in Cable…
The Association of Ghana Industries (AGI) has raised concerns about the Electricity Company of Ghana’s (ECG)…
Presidential CNG Initiative to Launch 150 New Stations in 18 Months Amid Safety…
The Presidential CNG Initiative (PCNGI) has announced plans to establish at least 150 new refueling stations…
Trump’s Trade War Deepens Nigeria’s Fiscal Crisis, Puts N55tr Budget at Risk
Nigeria is facing significant fiscal challenges as global economic uncertainties, including the trade war…
No Entry Ban on Nigeria, Saudi Arabia Denies Viral Claims
The Nigerian Ministry of Foreign Affairs has officially refuted claims circulating online that Nigeria has been…
Governors Block Local Government Chairmen from Opening CBN Accounts for Direct…
The implementation of the Supreme Court's ruling on local government autonomy has encountered new challenges, as…
Naira Weakens to N1,629 per Dollar on Official Market Amid Rising Dollar Demand
Nigeria’s foreign exchange market saw increased pressure on Monday, with the naira dropping to N1,629 per dollar…
BDC Operators Advocate Economic Partnerships with India, China Amid U.S. Tariff…
The Association of Bureau de Change Operators of Nigeria (ABCON) has urged the Nigerian government to explore…
Trump’s Tariff Threats Spark Global Selloff, Shake Nigeria’s Markets
Nigeria’s financial markets faced turbulence this week as renewed trade tensions, sparked by former US President…
Naira Depreciates by 2.6% in March Despite $668M CBN Intervention
The Nigerian naira experienced significant depreciation in March, falling by 2.4% at the Nigerian Autonomous…
MTN Group Set to Launch Streaming Platform to Rival Netflix in Africa
MTN Group, Africa’s leading mobile operator, has announced plans to launch a new streaming platform aimed at…
Akwa Ibom Government Disburses N335 Million to Empower Oron Farmers and…
The Akwa Ibom State Government has allocated a total of N335 million in grants to farmers, traders, and…
Trump’s Tariff Policy Triggers Global Market Chaos as Fears of Recession Mount
President Donald Trump's aggressive tariff strategy has sent shockwaves through global financial markets, with…
AFDEIC 2025 to Address Africa’s $180B Digital Economy, AI’s Role in…
The African Digital Economy & Inclusivity Conference (AFDEIC 2025) is poised to address Africa’s rapidly…
Yen and Swiss Franc Top Safe-Haven Picks Amid Trump Tariffs, Analysts Say
In light of President Donald Trump’s recent announcement of reciprocal tariffs, investors are flocking to…
C&I Leasing Expands Electric Vehicle Use in Ghana Amid Successful Series 5…
C&I Leasing Plc has experienced significant success in its recent Series 5 Commercial Paper Issuance,…
Nigeria’s Financial Markets in Turmoil as Trump Tariffs Trigger Global…
Nigeria’s financial markets are grappling with volatility amid global disruptions caused by renewed tariff threats…