Cardoso Stresses Institutional Resilience as Foundation for Africa’s Economic…
At the 2025 Annual Meetings of the African Export-Import Bank (Afreximbank) in Abuja, the Governor of the Central…
US Stock Futures Climb as Micron Boosts AI Optimism; Investors Eye GDP and Fed…
U.S. stock futures advanced on Thursday, buoyed by strong earnings from Micron Technology that sparked investor…
AfCFTA Urges Africa to Cut Dollar Dependence and Embrace Local Currencies to Boost…
At the 2025 Afreximbank Annual Meetings in Abuja, Wamkele Mene, Secretary General of the African Continental Free…
Nigeria’s Bond Market Booms as Inflation Eases: DMO Auction Sees 603%…
The Debt Management Office (DMO) of Nigeria experienced an overwhelming response at its June 2025 bond auction,…
Africa Received $95 Billion in 2024 Remittances as Nigeria, Egypt Lead Inflows –…
In 2024, Africa recorded over $95 billion in remittance inflows, nearly matching total foreign direct investment…
Afreximbank Disburses $18.7 Billion to Boost African Trade and Integration
The African Export-Import Bank (Afreximbank) announced that it disbursed $18.7 billion in 2023 to support trade,…
Treasury Yields Dip as Trump Targets Fed Chair Powell Amid Economic and…
U.S. Treasury yields dropped on Thursday amid rising political tension surrounding Federal Reserve Chairman Jerome…
Trump-Backed Crypto Firm Plans Stablecoin Audit and New App Amid Token Trade…
World Liberty Financial (WLF), the cryptocurrency platform backed by U.S. President Donald Trump, is planning to…
China’s Biren Technology Secures $207 Million, Eyes Hong Kong IPO Amid Chip Race
Biren Technology, a Chinese artificial intelligence (AI) chip startup, has raised 1.5 billion yuan (approximately…
Half of Global Companies Pay Ransom as Cyber Threats Surge: Sophos 2025 Report
Nearly 50 percent of global companies opted to pay ransoms in 2025 following ransomware attacks, according to…
AI Investment Crucial for Ghana’s Digital Future, Says Mpontu CEO
The CEO of Mpontu Technologies, Stephane Nwolley, has urged the Ghanaian government to prioritize strategic…
NGX Soars by N1.18tn as Oando, Banking, and Consumer Stocks Fuel Bullish Momentum
The Nigerian Exchange (NGX) experienced a significant surge on Wednesday, June 26, 2025, with the market…
Nigerian, Kenyan, Rwandan Startups Lead Google’s Africa AI Accelerator 2025
Google has announced the 15 startups selected for the ninth edition of its Google for Startups Accelerator:…
Meta Wins Copyright Battle Over AI Training; Judge Cites Weak Author Arguments
Meta Platforms has won a significant legal victory in a U.S. federal court after a judge ruled against a group of…
Microsoft Faces Lawsuit Over Alleged Use of Pirated Books to Train AI Model…
Microsoft is facing a lawsuit from a group of authors who allege the tech giant used pirated copies of their books…
Investors Brace for Summer Market Volatility Amid Geopolitical and Trade Risks
As summer trading volumes typically thin out, global investors are preparing defensively against a potential…
SEC Urges Nigerians to Harness Demographic Dividend for Economic Growth and…
The Securities and Exchange Commission (SEC) has called on Nigerians to take advantage of the country’s youthful…
Nigeria’s $5 Billion Startup Dream Faces Setback Amid Economic, Regulatory…
Nigeria’s ambition to raise $5 billion in startup funding by 2027 is looking increasingly unrealistic as…
Naira Strengthens Below N1,600/$ as U.S. Dollar Hits 3-Year Low Amid Global…
The Nigerian naira gained ground against the U.S. dollar, breaking below the N1,600/$ threshold in the black…
Africa Sets Sights on $712 Billion Digital Trade Boom by 2035 with AfCFTA
Africa is strategically aligning itself to tap into a projected $712 billion digital trade market by 2035 through…
U.S. Lawmakers Introduce Bipartisan Bill to Ban Chinese AI Models in Government…
A bipartisan group of U.S. lawmakers has introduced the "No Adversarial AI Act", a bill aiming to prohibit U.S.…
Cardoso Champions ‘African-Led, African-Owned’ Development at…
At the 32nd Annual Meeting of the African Export-Import Bank (Afreximbank) in Abuja, Central Bank of Nigeria (CBN)…
BREAKING: INEC Receives 110 Applications For New Political Parties
The Independent National Electoral Commission (INEC) has announced it has received letters of intent from 110…
Gartner Warns Over 40% of Agentic AI Projects Will Be Abandoned by 2027 Amid High…
More than 40% of current agentic artificial intelligence (AI) projects will be discontinued by the end of 2027,…
NGX Surges as Market Capitalisation Gains N764bn Amid Broad-Based Rally
The Nigerian Exchange Limited (NGX) witnessed a robust rally on Tuesday, continuing its bullish momentum as market…
DMO Finalises Oversubscribed N100bn Bond Auction to Support 2025 Budget
The Debt Management Office (DMO) of Nigeria is set to finalise and settle a N100 billion bond issuance today, June…
Pension Assets Rise to ₦23.33 Trillion in Q1 2025 as FG Clears ₦1.2 Trillion in…
In the first quarter of 2025, Nigeria’s pension assets grew by ₦820 billion, bringing the total to ₦23.33 trillion…
SEC’s Tenure Limits Spark Succession Anxiety Among CEOs, Directors
The Securities and Exchange Commission (SEC) of Nigeria has issued a new directive limiting the tenure and…
CBN Blames Governors and Lawsuits for Delay in N85bn Healthcare Project Across 774…
The Central Bank of Nigeria (CBN) has attributed the delay in completing a nationwide healthcare project to…
Over 90% of Nigeria’s Dollar Liquidity Is Off the Books, Say BDC Operators
Bureau De Change (BDC) operators in Nigeria have revealed that more than 90% of the country’s foreign exchange…