Nigerian DisCos Face 33% Revenue Shortfall in 2024 Amid Metering Issues and Poor…
In 2024, Nigeria's electricity distribution companies (DisCos) experienced a significant 33% revenue shortfall,…
Ghana Intensifies Efforts to Meet IMF Review Deadline, Outlines Economic Reforms
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has reassured that the government is actively working to meet…
DICE 3.0: Africa’s Premier Tech and Business Networking Event Set for April…
DICE 3.0, the latest edition of the premier digital economy mixer, is set to take place on April 3, 2025.…
NGX Group, CBN, and MinieMoney Empower Nigerian Students with Financial Literacy…
In a bid to promote financial inclusion, the Nigerian Exchange Group (NGX Group), the Central Bank of Nigeria…
China’s DeepSeek Unveils Advanced AI Model to Challenge OpenAI
Chinese AI startup DeepSeek has launched a significant upgrade to its V3 large language model, DeepSeek-V3-0324,…
Nigeria’s Debt Servicing Hits Four-Year High Amid Rising Borrowing and…
Nigeria's debt repayment reached a four-year high of $4.65 billion in 2024, marking a 32.9% increase from the…
Nigerian Stock Market Opens Week with N369bn Gain, Positive Market Sentiment
The Nigerian stock market began the week on a strong note, posting a N369 billion gain, with the Nigerian Exchange…
U.S. Treasury Yields Rise as Hopes of Trade War Easing Boost Investor Confidence
U.S. Treasury yields increased on Monday, driven by growing optimism that President Donald Trump's stance on trade…
Nigerian Stock Market Faces Fourth Consecutive Week of Losses Amid Uncertainty
The Nigerian stock market continued its downward trend last week, marking its fourth consecutive week of losses.…
OpenAI’s Brad Lightcap Takes on Expanded Role to Drive Global Growth and…
OpenAI's Chief Operating Officer, Brad Lightcap, is set to lead the company's global expansion efforts and…
Ghana Gov’t to Deploy Technology to Combat Illegal Mining and Boost National…
The government of Ghana has announced plans to implement technology-driven measures to address the growing…
Nigerian Equity Market Recovers with N369bn Gain, Boosting Investor Confidence
The Nigerian equity market experienced a strong rebound on Monday, gaining N369 billion as the All-Share Index…
China’s Vice Premier Meets Blackstone Chairman to Discuss Economic Cooperation
In a significant meeting in Beijing, China's Vice Premier He Lifeng met with Stephen Schwarzman, the Chairman of…
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…