DeepSeek’s R1 Update Signals China’s Growing Challenge to U.S. AI…
Chinese AI startup DeepSeek has quietly rolled out an updated version of its R1 reasoning model, dubbed R1-0528,…
GEXIM and Saudi EXIM Forge Strategic Partnership to Boost Trade and Project…
In a move to bolster Ghana's economic transformation through enhanced international trade and export development,…
AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global…
The African Development Bank (AfDB) has projected a significant drop of $39.84 billion in foreign funding to…
Nigeria’s Public Debt Could Surge to N800,000 Per Citizen Amid New $21.5 Billion…
Nigeria faces a significant rise in public debt if the Senate approves President Bola Tinubu’s request for $21.5…
SEC Warns Nigerians Against Unregistered Silverkuun Investment Cooperative
The Securities and Exchange Commission (SEC) has issued a strong warning to the Nigerian public against engaging…
Nigerian Exchange Surges by N187 Billion as Investor Confidence Drives Market…
The Nigerian Exchange (NGX) continued its positive streak on Wednesday, gaining N187 billion in market…
Rising Power Demand Drives Urgent Calls for Grid Upgrades and Efficiency Reforms…
Ghana’s electricity consumption rose sharply in 2024, reaching 13,098 GWh, up from 12,390 GWh in 2023, according…
U.S. Court Blocks Trump’s Tariffs, Boosting Global Markets and Dollar
Asian stock markets and U.S. futures surged following a ruling by the Manhattan-based Court of International Trade…
Japan Unlikely to Dump U.S. Treasuries Amid Lack of Alternatives, Says Ex-BOJ…
Japan is unlikely to have sold off its substantial U.S. Treasury holdings despite a major sell-off in April,…
FG Launches Digital Village to Bridge Nigeria’s Connectivity Gap
The Federal Government of Nigeria has launched a digital village pilot project in Ibwa 2, Gwagwalada, FCT, to…
Forex Market Reforms Restore Investor Confidence in Nigerian Economy
The liberalisation of Nigeria’s foreign exchange (forex) market has restored investor confidence and stabilised…
Dangote Refinery Reshapes Africa’s Fuel Landscape as Nigeria Ends Petrol Import…
Nigeria has relinquished its status as Africa’s largest importer of refined petroleum products, with South Africa…
U.S. Banks Step Cautiously into Crypto Amid Regulatory Shifts
Major U.S. banks are beginning to explore opportunities in the cryptocurrency space, but are doing so cautiously…
FX Reforms Spark Surge in Investor Confidence as Daily Turnover Hits $500m
Nigeria’s foreign exchange (FX) market has experienced a dramatic boost in liquidity, with daily turnover…
FG Launches Presidential Committee to Spearhead Nigeria’s Digital Infrastructure…
In a major push toward digital transformation, the Federal Government of Nigeria has inaugurated a Presidential…
AfDB Forecasts 6% Naira Depreciation by 2026 Amid Global Market Volatility
The African Development Bank (AfDB) has projected that the Nigerian naira will depreciate by at least 6% between…
Stakeholders Call for Greater Investment and Support to Boost Nigeria’s Tech…
At a recent World Product Day event in Lagos, key players in Nigeria’s investment sector highlighted the major…
World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Amid Mounting Debt and Credit…
The World Bank has lowered Kenya’s 2025 economic growth projection to 4.5%, a reduction of 0.5 percentage points,…
Apple Blocks Over $2 Billion in App Store Fraud in 2024 Amid Rising Cyber Threats
Apple has disclosed that it thwarted over $2 billion in fraudulent transactions on its App Store in 2024,…
Wear It All Luxury Launches Glamorous Abuja Boutique with Star-Studded Event
Wear It All Luxury, the high-end fashion brand led by entrepreneur Sodiq Babatunde Rufai, has officially expanded…
NGX Market Capitalisation Surges Past N70 Trillion as Bullish Trend Continues
The Nigerian Exchange Limited (NGX) witnessed sustained bullish activity as the market capitalisation soared past…
CBN Launches New Shari’ah-Compliant Tools to Strengthen Nigeria’s Non-Interest…
The Central Bank of Nigeria (CBN) has introduced innovative liquidity management instruments to advance the…
Africa’s Cross-Border Payments Market Set to Reach $1 Trillion by 2035 Amid…
Africa’s cross-border payments market is poised for significant growth, with projections estimating it will nearly…
Shares Stall Ahead of Nvidia Earnings as US Dollar Climbs on Strong Economic Data
Global stock markets showed mixed signals on Wednesday as investors grew cautious ahead of Nvidia’s highly…
Asia-Pacific Markets Mixed as Investors React to U.S. Tariff Postponement and…
Asia-Pacific markets showed a mixed performance on Tuesday as investors digested the implications of U.S.…
Tinubu’s New Borrowing Plan Pushes Nigeria’s Debt to N183 Trillion Amid Economic…
President Bola Tinubu has proposed a fresh borrowing plan that will increase Nigeria’s total public debt from…
Jinapor Urges Swift Operationalisation of Africa Energy Bank to Power Continental…
Ghana’s Minister for Energy and Green Transition, John Jinapor, has called for urgent action to make the Africa…
Nigeria Unveils N3.3 Trillion Infrastructure Plan to Bridge Digital Divide by 2025
The Nigerian government has announced an ambitious N3.3 trillion ($2 billion) digital infrastructure plan aimed at…
Google’s AI Ad Tools Poised to Supercharge Nigeria’s Digital Economy
Google has unveiled a range of cutting-edge artificial intelligence (AI) advertising tools aimed at accelerating…
NGX Market Capitalisation Surpasses N70 Trillion on Strong Investor Demand for…
The Nigerian Exchange Limited (NGX) saw its market capitalisation cross the N70 trillion mark, driven by strong…