Wall Street Bonuses Surge 32% in 2024, Reaching Record Highs Amid Economic…
Wall Street bankers saw their bonuses rise by 31.5% in 2024, bringing the average payout to $244,700, according to…
Ghana’s Government to Settle $1.1 Billion Debt to ENI Amid Energy Sector…
The government of Ghana is set to pay $1.1 billion in 2025 to ENI, an energy company, to settle outstanding debts…
CBN Intensifies Efforts to Combat Forex Speculation Amid Naira’s Minor…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to…
U.S. Fed Rate Hold Triggers Sell-Off of Nigeria Eurobonds Amid Global Market…
The decision by the U.S. Federal Reserve to hold interest rates steady has contributed to a significant sell-off…
OpenAI Unveils GPT-4o-Powered Image Generation Directly in ChatGPT
OpenAI has integrated a powerful new image generation tool into ChatGPT, leveraging its advanced GPT-4o model.…
Ghana Loses $1.2 Billion in Gold Revenue Due to Illegal Smuggling in 2022,…
In 2022, Ghana lost an estimated $1.2 billion in gold revenue due to widespread illegal smuggling, according to…
TikTok Pledges Full Cooperation in Nigerian Data Breach Probe
Short video platform TikTok has committed to fully cooperate with the Nigerian Data Protection Commission (NDPC)…
Nigeria’s Banking Recapitalisation: A Path to Economic Diversification and…
Nigeria's ongoing banking recapitalization exercise is expected to play a crucial role in shaping the country's…
Inflation Eases for Second Consecutive Month in Nigeria, Analysts Cite FX…
Analysts have highlighted the role of relative stability in Nigeria's foreign exchange (FX) market in easing…
European Investors Urge AI Companies to Show Quick Returns Amid Rising Pressure
European investors are growing increasingly impatient with AI companies that have spent heavily on generative…
Stocks Gain, Dollar Drifts as Traders Ponder Trump Tariff Outlook
Asian stock markets followed Wall Street higher on March 26 as traders awaited more clarity on U.S. President…
Nigeria’s Digital Payments and Financial Inclusion Set to Reach $1.5…
The digital payments sector in Nigeria and across Africa is projected to reach $1.5 trillion by the end of the…
US Economy Faces Potential Stagflation Risks, But Avoiding Severe Economic Strain
Recent projections from the Federal Reserve have raised concerns about the possibility of stagflation, a period…
CBN Governor Cardoso Reaffirms Commitment to FX Stability and Inflation Control
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the institution's dedication to stabilizing…
Hong Kong’s Hang Seng Index Falls 2.35% Amid Trump’s Tariff Threats
In a day of mixed trading across Asia-Pacific markets, Hong Kong’s Hang Seng Index experienced a significant drop…
Nigeria’s Inflation Eases, FirstHoldCo Shines, and Cocoa Prices Surge to…
Nigeria's inflation rate has eased to 23.18%, signaling a potential relief for households and businesses as the…
Ghana’s Finance Minister Assures Capital Market Reopening and Debt Repayment…
Finance Minister, Dr. Cassiel Ato Forson, emphasized the importance of reopening Ghana's capital markets,…
Nigerian DisCos Face 33% Revenue Shortfall in 2024 Amid Metering Issues and Poor…
In 2024, Nigeria's electricity distribution companies (DisCos) experienced a significant 33% revenue shortfall,…
Ghana Intensifies Efforts to Meet IMF Review Deadline, Outlines Economic Reforms
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has reassured that the government is actively working to meet…
DICE 3.0: Africa’s Premier Tech and Business Networking Event Set for April…
DICE 3.0, the latest edition of the premier digital economy mixer, is set to take place on April 3, 2025.…
NGX Group, CBN, and MinieMoney Empower Nigerian Students with Financial Literacy…
In a bid to promote financial inclusion, the Nigerian Exchange Group (NGX Group), the Central Bank of Nigeria…
China’s DeepSeek Unveils Advanced AI Model to Challenge OpenAI
Chinese AI startup DeepSeek has launched a significant upgrade to its V3 large language model, DeepSeek-V3-0324,…
Nigeria’s Debt Servicing Hits Four-Year High Amid Rising Borrowing and…
Nigeria's debt repayment reached a four-year high of $4.65 billion in 2024, marking a 32.9% increase from the…
Nigerian Stock Market Opens Week with N369bn Gain, Positive Market Sentiment
The Nigerian stock market began the week on a strong note, posting a N369 billion gain, with the Nigerian Exchange…
U.S. Treasury Yields Rise as Hopes of Trade War Easing Boost Investor Confidence
U.S. Treasury yields increased on Monday, driven by growing optimism that President Donald Trump's stance on trade…
Nigerian Stock Market Faces Fourth Consecutive Week of Losses Amid Uncertainty
The Nigerian stock market continued its downward trend last week, marking its fourth consecutive week of losses.…
OpenAI’s Brad Lightcap Takes on Expanded Role to Drive Global Growth and…
OpenAI's Chief Operating Officer, Brad Lightcap, is set to lead the company's global expansion efforts and…
Ghana Gov’t to Deploy Technology to Combat Illegal Mining and Boost National…
The government of Ghana has announced plans to implement technology-driven measures to address the growing…
Nigerian Equity Market Recovers with N369bn Gain, Boosting Investor Confidence
The Nigerian equity market experienced a strong rebound on Monday, gaining N369 billion as the All-Share Index…
China’s Vice Premier Meets Blackstone Chairman to Discuss Economic Cooperation
In a significant meeting in Beijing, China's Vice Premier He Lifeng met with Stephen Schwarzman, the Chairman of…