Microsoft and Meta Stocks Soar on Strong AI-Driven Earnings | Tech Shares Lead…
Tech giants Microsoft and Meta Platforms saw their shares surge in European trading on Thursday following…
CBN Holds Interest Rates to Tame Inflation Amid Global Uncertainty
Amid global economic turbulence and persistent inflation, the Central Bank of Nigeria (CBN) has decided to…
Tinubu’s Economic Reforms Cut Northern States’ Debt by 42%, Boost Revenue — FG
The Federal Government has announced a 42.06% drop in the domestic debt of Northern states, attributing the fiscal…
FX Liquidity Boost: Nigerian Banks Resume Naira Payments for Foreign School Fees…
Nigerian banks have resumed accepting naira card payments for international tuition fees and medical bills,…
ECB Warns China-U.S. Trade Rift Could Lower Euro Zone Inflation Below Target
A European Central Bank (ECB) blog post has warned that if China diverts its exports away from the United States…
Fintech Dominates Africa’s Startup Funding in H1 2025, Securing 45% Share
Africa’s fintech sector asserted its dominance once again in the first half of 2025, capturing 45% of all…
Yahoo Mail introduces $1.99/month 100GB plan
Yahoo Mail has announced a significant change to its storage policy, reducing the free email storage allowance…
Naira Strengthens Amid Forex Oversupply and Security Clampdown — CBN Policies,…
Currency traders have cited a significant oversupply of dollars in the Nigerian forex market, combined with the…
Nigeria’s Industrial Sector Shrinks Despite GDP Growth: MAN Urges Manufacturing…
Nigeria’s Gross Domestic Product (GDP) grew by 3.13% in Q1 2025, according to the National Bureau of Statistics…
Petroleumprice.ng Launches Nigeria’s First Verified Digital Marketplace for…
A Nigerian oil and gas tech firm, Petroleumprice.ng, has officially launched a first-of-its-kind digital…
Investor Confidence and High Yields Drive N4.67 Trillion in FGN Bond Subscriptions…
In the first seven months of 2025, the Federal Government of Nigeria (FGN) bonds drew an impressive N4.67 trillion…
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure…
The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the…
Google to Sign EU’s Voluntary AI Code Despite Concerns Over Innovation Risks
Alphabet-owned Google has agreed to sign the European Union’s new voluntary AI Code of Practice, a framework aimed…
IMF Raises Nigeria’s 2025 GDP Growth Forecast to 3.4%, Calls for Urgent Reforms in…
The International Monetary Fund (IMF) has revised Nigeria’s 2025 GDP growth projection upwards to 3.4%, a 0.4…
Cedi Surges 40.7% Against Dollar in 2025, Driven by Strong Fundamentals and…
The Ghanaian cedi has posted a remarkable recovery in 2025, appreciating by 40.7% against the US dollar within the…
Nigeria’s AI Future at a Crossroads: Experts Urge Swift Regulation to Unlock…
As Nigeria rapidly embraces Artificial Intelligence (AI), particularly generative models, experts warn that the…
NCC Leads Push for MVNO Sustainability in Nigeria’s Telecom Sector
The Nigerian Communications Commission (NCC) is taking a leadership role in promoting the sustainable growth of…
Italy Investigates Meta Over AI Tool Integration in WhatsApp
Italy’s antitrust authority has launched a formal investigation into Meta Platforms Inc. over its integration of…
Asian Markets Waver Ahead of Fed Decision and U.S. Tariff Deadline
Asian markets were mixed on Wednesday as investors digested the lack of progress in U.S.-China trade negotiations…
Bank of Ghana Cracks Down on Forex Violations: Banks and MTOs Face Licence…
The Bank of Ghana (BoG) has issued a stern warning to financial institutions, threatening to revoke the licenses…
Nigeria to Monitor N25m+ Transactions Monthly from 2026 Under New Tax Law
Starting January 2026, banks and other financial institutions in Nigeria will be required to report monthly…
African Fintechs Dominate H1 2025 Start-Up Funding, Attracting $640M – Fintech…
In the first half of 2025, African fintech startups led the continent's start-up funding landscape, securing…
FCMB Sees Strong Growth as Earnings Hit N529.2bn in H1
FCMB Group Plc has reported strong financial results for the first half of 2025, with gross earnings rising by…
Nigerian Stock Market Hits 18-Day Bull Run as NGX Rallies Past ₦85 Trillion —…
The Nigerian equity market is experiencing an extraordinary bullish streak, notching up 18 consecutive days of…
IMF Maintains Nigeria’s 2025 GDP Growth at 3.4% Despite GDP Rebasing
The International Monetary Fund (IMF) has upheld its growth projection for Nigeria’s economy in 2025, maintaining…
FG Records Strong Investor Appetite in July Bond Auction, Allots N185.9 Billion…
The Federal Government of Nigeria, through the Debt Management Office (DMO), successfully raised N185.9 billion in…
Dangote Refinery Withdraws ₦100bn Lawsuit Against NNPC, Marketers Amid Industry…
Dangote Petroleum Refinery and Petrochemicals has abruptly withdrawn its ₦100 billion lawsuit against several key…
Meta’s Bold Superintelligence Gamble Faces Profit Pressure Amid AI Spending Surge
Meta Platforms is facing heightened scrutiny as CEO Mark Zuckerberg doubles down on a high-risk, high-cost bet to…
Manufacturers Urge CBN to Cut Interest Rates Amid Inflation Crisis
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to cut interest rates,…
CBN Holds Interest Rates Steady Amid Inflation Pressures, Eyes Economic Stability
The Central Bank of Nigeria (CBN), in a decisive move during its July 2025 Monetary Policy Committee (MPC)…