Mercurie Launches Naira Payment Solution for Nigerian Businesses
Cross-border payment issues have long hindered the growth of Nigerian businesses, with over 4.9 million companies…
Money Market Funds Stay Attractive Despite Rate Decline, Offering Strong Returns
Money market funds (MMFs) continue to be a reliable investment option, even as interest rates on most instruments…
UK, Nigeria, and Ghana Launch £1.9 Million Initiative to Boost West Africa’s…
The UK, Nigeria, and Ghana have launched the Sankore initiative, a £1.9 million program aimed at enhancing…
Borrowing Costs Expected to Rise as Nigeria Faces Tightening Banking Liquidity
Businesses in Nigeria may soon experience higher borrowing costs due to a continued dip in banking system…
Nigerian Equities Market Continues Downward Trend, Investors Lose N532bn in 4th…
The Nigerian equities market has faced a fourth consecutive week of losses, with heightened selling pressure and…
Bitcoin Surges Above $86,000 as Crypto Market Rides Positive Sentiment
Bitcoin and other leading cryptocurrencies experienced notable gains on Monday, driven by strong investor…
Telecom Sector Growth Hinges on AI, B2B Services, and Strategic Innovation Amidst…
The Nigerian telecom sector is grappling with steep tariff hikes, leaving consumers like Adebayo, a Lagos-based…
SEC Intensifies Measures Against Fraud, Promises Stricter Oversight of Nigeria’s…
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to protecting investors in Nigeria’s…
China’s Economic Resilience and Business Potential Highlighted at Forum…
Vice Premier He Lifeng reassured foreign business leaders about China’s economic prospects during the China…
Tony Elumelu Foundation Grants African Entrepreneurs Over $115m, Create 1.5m Jobs
The Tony Elumelu Foundation (TEF) has distributed over $115 million in grants to African entrepreneurs, benefiting…
Ghana Government Falls Short of Treasury Bill Target by GH¢2.8 Billion
In its latest Treasury bill auction, the Ghanaian government has missed its target by GH¢2.8 billion, marking the…
RackCentre Expands Nigeria’s Digital Infrastructure with New AI Data Centre
RackCentre is making a significant contribution to Nigeria's digital economy with the launch of its new 12…
European Markets Rise on Germany’s Debt Reform and Trump-Putin Call
European stock markets closed higher on March 18, 2025, with investors focusing on key developments including…
Revitalizing Nigeria’s Creative Economy: CBN’s Push for a $25 Billion…
The Central Bank of Nigeria (CBN), in partnership with the Bankers’ Committee, is spearheading efforts to…
China’s Equity Market Sees Strong Revival as Tech Sector Attracts Global Investors
Global investors are showing renewed interest in mainland China’s stock markets, marking a shift after two years…
Bank of Ghana’s MPC Holds Key Meeting Amid Economic Pressures
The Bank of Ghana’s Monetary Policy Committee (MPC) has started its 123rd meeting today, which will focus on…
Naira struggles at official window, depreciates to 1536/$
The naira faced significant challenges at the official exchange rate window last week, depreciating by 1.25% to…
China Encouraged to Increase Investments and Technology Transfer to Boost…
Nigeria's Honourable Minister of Works, David Umahi, recently urged the Chinese government to enhance its…
African Finance Ministers Push for Immediate AfCFTA Implementation to Drive Trade…
The 57th session of the Conference of African Ministers of Finance, Planning, and Economic Development, held in…
Overcoming Data Integration Challenges: The Key to Unlocking the Full Potential of…
The challenge facing 95% of IT leaders when it comes to AI agents lies in overcoming data integration issues. As…
FG Moves to Harmonize Fiscal Data for Economic Stability and Investor Confidence
The Federal Government of Nigeria is taking proactive steps to harmonize fiscal data across various government…
FG Focuses on Reducing Production Costs to Tackle Food Inflation and Improve…
The Nigerian government is taking steps to address food inflation and accessibility by reducing production costs…
NHRC to Collaborate with Tech Companies to Mitigate AI Risks in Nigeria
The National Human Rights Commission (NHRC) of Nigeria has announced its plans to engage technology companies in…
Flutterwave Partners with FIRS for Seamless Digital Tax Payment System
Flutterwave, a leading African payment technology company, has joined forces with the Federal Inland Revenue…
Hong Kong Markets Drop Over 2% Amid U.S. Economic Uncertainty, Asia’s Stock…
Hong Kong’s stock market took a significant hit on Friday, with the Hang Seng Index plunging 2.19% to end the day…
Sabotage of Trans-Niger Pipeline Threatens Nigeria’s Oil Production Recovery
Recent sabotage of Nigeria’s Trans-Niger Pipeline (TNP) has raised concerns over the country’s oil security just…
Perplexity AI in Talks to Raise Funds at $18 Billion Valuation
Perplexity AI, an artificial intelligence startup focused on search tools, is in discussions to raise funding at…
Naira Holds Steady Against Dollar in Black Market, Slightly Depreciates Officially
The naira remained stable against the dollar at the parallel foreign exchange market on Thursday, closing at…
Nigerian Stock Market Sees N35bn Loss Amid Persistent Sell Pressure
Investors in the Nigerian stock market experienced a significant setback on Thursday, with a loss of N35 billion…
Naira Faces Growing FX Liquidity Risk Amid Economic and Geopolitical Challenges
The Nigerian naira is facing increasing pressure in the foreign exchange market as it depreciated to N1,580/$ in…