NGX Dividend Drought: 45 Companies Go Five Years Without Payouts
Forty-five of the 146 companies listed on the Nigerian Exchange Limited (NGX) have not paid dividends in at least…
U.S. Trade Surplus with Nigeria Hits $576 Million in 2025 Amid Rising Tariffs
The United States recorded a $576 million trade surplus with Nigeria in the first half of 2025, reversing a $779…
OpenAI Warns Against Unauthorized Equity Sales Amid $300B Valuation and Jony Ive…
OpenAI has issued a stern warning to investors and the public over unauthorized sales and investment schemes…
Meta and X Face NITDA Sanctions for Flouting Nigeria’s Internet Code of Practice
Meta, the owner of Facebook, Instagram, WhatsApp, and Threads, and X, formerly Twitter, have been flagged for…
Naira to Gain Temporary Boost as U.S. Plans Interest Rate Cuts
The naira could experience a short-term appreciation against the U.S. dollar as the Federal Reserve signals…
Africa Prudential Records 75% Profit Growth in H1 2025 on Strong Diversified…
Africa Prudential Plc has reported a robust financial performance for the first half of 2025, posting a 75 percent…
Nigeria’s Financial Markets Show Resilience Amid Global Economic Uncertainty
Nigeria’s economy expanded by 3.13% in Q1 2025, surpassing last year’s 2.27% but falling short of the 4.9%…
Ghana Pays GH¢9.7bn DDEP Coupon to Restore Investor Confidence Ahead of Bond…
Ghana’s government has settled GH¢9.7 billion in coupon arrears under the Domestic Debt Exchange Programme (DDEP),…
Dangote Refinery Receives 1,000 CNG Trucks, Fuel Distribution to Begin in…
The Dangote Petroleum Refinery is set to launch its direct fuel distribution scheme in the coming weeks as 1,000…
Nigeria Data Protection Act Enforcement: NDPC Targets Banks, Insurers, and Tech…
The Nigeria Data Protection Commission (NDPC) has launched an aggressive enforcement drive targeting financial…
Dangote Refinery and Petrol Prices: 10 Swings in 10 Months Despite Local Supply
Nigeria’s petrol market has experienced dramatic volatility since the Dangote Refinery began supplying fuel in…
CBN Raises ₦8.99 Trillion via T-Bills in 7 Months as Rates Drop to 15%
The Central Bank of Nigeria (CBN) raised a total of ₦8.99 trillion through Treasury Bills (T-Bills) auctions in…
Nigerian Breweries, International Breweries, Champion Breweries Post N1.09…
Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc collectively recorded an…
FCMB Group Plans Equity Capital Raise to Fund Regional and International Expansion
FCMB Group Plc has announced plans to raise equity capital as part of its strategy to strengthen its capital base…
Nigeria’s GDP to Grow 3.2%-3.9% in Q2 2025 on Rebasing, FX Stability, and Stronger…
Nigeria’s economy is on track to post faster growth in the second quarter of 2025, with analysts projecting real…
U.S. Treasury Yields Edge Higher as Investors Await Inflation Data
U.S. Treasury yields ticked higher on Monday as investors assessed Federal Reserve Chair Jerome Powell’s recent…
European Stocks Open Lower as Orsted Plunges 18% Amid U.S. Project Halt
European markets started the week on a weaker note, with the pan-European Stoxx 600 slipping 0.2% in early trading…
Ghana Misses T-Bill Target for Third Consecutive Week as Yields Climb
Ghana’s Treasury Bill market remained under pressure last week as the government failed to meet its issuance…
CBN Introduces Bank Customers’ Bill of Rights to Strengthen Consumer Protection…
The Central Bank of Nigeria (CBN) has launched the Bank Customers’ Bill of Rights to protect consumers and promote…
Nigeria, Japan Forge Partnership to Boost Mining Investments and Mineral…
Nigeria and Japan have agreed to deepen cooperation in the mining sector as both nations seek to unlock investment…
Nigerian Equities Market Slumps as Investors Lose N2.29 Trillion in One Week
The Nigerian equities market witnessed a sharp downturn last week, as investors lost approximately N2.29 trillion …
Nigeria Targets 2.5 Million Barrels Per Day Oil Output by 2026, Says NUPRC
Nigeria is on track to boost its crude oil output to 2.5 million barrels per day (mbpd) by 2026, according to the…
UK Dominates Nigeria’s Q1 2025 Capital Inflows with ₦5.5 Trillion Investment
The United Kingdom emerged as Nigeria’s leading source of foreign capital in the first quarter of 2025,…
German Economy Shrinks 0.3% in Q2 as U.S. Tariffs Hit Exports, Growth Outlook…
Germany’s economy contracted by 0.3% in the second quarter of 2025, according to revised data from the Federal…
Edun, Cardoso Meet to Align Fiscal and Monetary Policies, Boost Investor…
Nigeria’s Finance Minister Wale Edun and Central Bank Governor Olayemi Cardoso met in Abuja on Wednesday to…
Google Launches AI Mode in Africa: Nigeria, Kenya, and South Africa Lead as Test…
Google has introduced its groundbreaking AI Mode in Search across Nigeria, Kenya, and South Africa,…
NNPCL Posts N185bn Profit Despite Debt Burden, Remits N7.9tr to FAAC
The Nigerian National Petroleum Company Limited (NNPCL) reported a profit after tax of ₦185 billion in July 2025,…
Non-Bank Corporates Drive 24% Surge in Nigeria’s FX Inflows as Dollar Bond Hits…
Nigeria recorded a significant boost in foreign exchange inflows in July 2025, climbing 24% to $1.7 billion,…
Nigerian Stock Market Loses N781bn as Sell-Offs Deepen Bearish Sentiment
The Nigerian stock market extended its losing streak on Thursday, shedding N781 billion in market value…
Ghanaian SMEs Urged to Explore Canada’s Labour Market for Expansion Opportunities
Ghanaian small and medium enterprises (SMEs) are being encouraged to leverage Canada’s labour market as a…