AI-Powered Apps Struggle to Retain Users Despite Early Revenue Gains
The rapid rise of AI-powered apps has transformed the app store landscape, but a new report shows that early…
Naira Hits N1,400/$ Amid Global Tensions: What This Means for Nigeria’s FX Market
The naira traded at N1,401.4 per dollar on Tuesday at Nigeria’s official foreign exchange (FX) market, marking a…
Dangote Reduces Petrol Prices by ₦100 Amid Global Oil Volatility: What Nigerians…
Dangote Petroleum Refinery announced a ₦100 reduction in the ex-depot price of Premium Motor Spirit (PMS)…
Google Brings Gemini AI to Chrome in India, Expanding Multilingual Support
Google has officially launched its Gemini AI integration for Chrome in India, alongside Canada and New Zealand. The…
Oil Price Surge Boosts Naira Stability and Strengthens Nigeria’s FX Reserves
Nigeria is witnessing a renewed boost to its foreign exchange reserves and naira stability, thanks to surging…
SEC Launches FinTech Clinic to Crack Down on Unregistered Digital Platforms in…
The Securities and Exchange Commission (SEC) has taken a proactive step to regulate Nigeria’s rapidly expanding…
Nigeria’s 4.07% GDP Growth Strengthens Economic Shield Amid Middle East Oil Crisis
Nigeria’s robust economic performance is positioning the country to withstand potential shocks from rising tensions…
AI-Driven Fraud Surges in Africa’s Fintech Sector: Nigeria Leads Fight Against…
Artificial intelligence-driven fraud is rapidly escalating across Africa’s fintech sector, alarming regulators and…
Oil Prices Drop to $91 as Trump Signals Possible End to Middle East War
Global oil prices fell sharply to around $91 per barrel on Tuesday after soaring to a more than three-year high the…
Nigeria Non-Oil Exports Hit N12.36 Trillion in 2025 as Economy Diversifies Beyond…
Nigeria’s non-oil exports reached N12.36 trillion in 2025, marking a significant milestone in the country’s…
European Markets Set for Lower Open as Iran Conflict Escalates in Strait of Hormuz
European stock markets are expected to open lower on Wednesday as investors react to rising geopolitical tensions…
Tinubu Meets Taiwo Oyedele to Drive Fiscal and Tax Reforms in Nigeria
President Bola Tinubu yesterday welcomed Taiwo Oyedele, the Minister of State for Finance-designate, at the State…
Aradel and FTG Insurance Propel Nigerian Stock Market to N31.23bn in Trading Surge
The Nigerian stock market opened the second week of March with a strong performance, as heavy trading activity…
Why the Naira May Hover Around N1,400: Insights into Nigeria’s Currency Outlook
Nigeria’s Naira has returned to the N1,400 mark, reversing the optimism seen just weeks ago when many believed the…
OpenAI Acquires Promptfoo to Strengthen AI Agent Security
OpenAI has officially acquired Promptfoo, a cutting-edge AI security startup founded in 2024, signaling a major…
Conoil, NGX Group, and Oando Boost Nigerian Stock Market by N147bn
The Nigerian stock market kicked off the week on a strong note on Monday, recording a total gain of N147 billion as…
SEC Calls for Stronger Women Participation in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has called for stronger participation of women in Nigeria’s capital…
NSE Futures Margins Increased as Derivatives Trading Hits Record KSh 140.9…
The Nairobi Securities Exchange (NSE) has announced a significant revision of futures margins following a record…
Kenya’s Financial System Liquidity Hits Record KSh6 Trillion, Driven by Banking…
Kenya’s financial system has hit a historic milestone, with total liquidity surpassing KSh6 trillion for the first…
AfDB Launches $25 Trillion Aviation Investment Plan to Boost Africa’s Air Travel…
The African Development Bank Group (AfDB) has unveiled a continent-wide financing platform aimed at transforming…
Manufacturing VAT Surges 54.7% to N875bn in 9 Months as Nigeria’s Industrial…
Nigeria’s manufacturing sector has significantly boosted Value Added Tax (VAT) revenue, with payments reaching…
Nigeria Aims to Surpass $48.3 Billion in Trade Deals at Intra-African Trade Fair…
Nigeria is preparing to host the fifth edition of the Intra-African Trade Fair (IATF) in Lagos from November 5 to…
Ghana’s Economy Shows Signs of Recovery as Cedi Stabilizes and Inflation Falls –…
Ghana’s economy is showing clear signs of recovery after a challenging period of high inflation and currency…
Ghana Strengthens Diamond Export Controls Amid Kimberley Process Review
Ghana has intensified its diamond export controls as part of an international review under the Kimberley Process…
Nigeria’s Stock Market Surges in Dollar Terms Amid Global Tensions
Nigeria’s equity market continues to shine as a relative safe haven, extending its gains even as global tensions…
Market slows as Dangote hikes petrol, diesel to N1,175/N1,620
Nigeria’s petroleum market faced renewed uncertainty on Monday after Dangote Petroleum Refinery increased ex-depot…
European Markets Poised for Gains as Oil Prices Drop Amid Middle East Tensions
European markets are expected to open notably higher on Tuesday, as investors respond to falling oil prices and…
Dangote Refinery Buys Nigerian Crude at International Prices, Fuel Costs Remain…
The Managing Director and CEO of Dangote Petroleum Refinery, David Bird, has explained why Nigerian fuel prices are…
Nigerian DisCos Generate N2.3tn Revenue in 2025 Despite Persistent Power Outages
Nigeria’s electricity distribution companies (DisCos) generated a combined N2.33 trillion in revenue in 2025, even…
Global Equities Slide as Middle East Conflict Pushes Oil Prices Above $120
Global financial markets were shaken on Monday as escalating tensions between the United States, Israel and Iran…