Nigeria’s Personal Loans Surge to N3.32tn Amid Rising Inflation, CBN Reports
In November 2024, Nigeria’s personal loan portfolio saw a dramatic increase of 37.76%, rising to N3.32 trillion,…
Nigerian Equity Market Records N1.83tn Gain in One Week
The Nigerian equity market achieved a significant gain of N1.83 trillion last week, with the All-Share Index (ASI)…
UK Economy Shows Unexpected Growth in Q4 2024, But Outlook for 2025 Remains…
The UK economy surprised many by growing 0.1% in the final quarter of 2024, defying expectations of a 0.1%…
Equity Market Soars by N779bn as Nigerian Exchange Hits N67.3tn
On Wednesday, February 13, 2025, the Nigerian equity market experienced a significant surge, with investors…
Modi Brings Tariff Concessions and Strategic Offers to Trump Amid Trade Tensions
Indian Prime Minister Narendra Modi is preparing for an important meeting with U.S. President Donald Trump, where…
Consumer Group Urges Caution on Proposed Electricity Tariff Increase, Citing Power…
A consumer group, the Nigeria Consumer Protection Network (NCPN), has voiced its concerns over the Federal…
Nigerian Stock Market Hits N67 Trillion as VFDGROUP and IKEJAHOTEL Lead Gains
The Nigerian stock market closed on a high note on February 12, 2025, with the All-Share Index (ASI) rising by…
European Stocks Hit Record Highs; Siemens Soars While FTSE 100 Falls
European stock markets continued their upward trajectory on Thursday, buoyed by strong corporate earnings and…
NLC Threatens Nationwide Telecom Shutdown Over 50% Tariff Hike
The Nigeria Labour Congress (NLC) has issued a strong warning to telecommunications companies, demanding an…
Nigeria Aims to Lead Africa’s AI Revolution, Partners with Google for Digital…
President Bola Tinubu has expressed his vision for Nigeria to become the leader in artificial intelligence (AI)…
NEITI and TETFund Partner to Enhance Transparency in Education Tax Remittances in…
The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Tertiary Education Trust Fund (TETFund)…
Nigeria Becomes Afreximbank’s Largest Beneficiary with $52 Billion Disbursement
Nigeria has emerged as the largest beneficiary of the African Export-Import Bank (Afreximbank) with a cumulative…
GHS 1.3bn Embezzlement Scandal at NPA Triggers Calls for Petroleum Tax Cuts in…
The recent GHS 1.3 billion embezzlement scandal at the National Petroleum Authority (NPA) has intensified calls…
World Bank Calls for Urgent Fiscal Reforms to Address Ghana’s Debt Crisis
The World Bank has identified a lack of budget discipline as a major factor behind Ghana’s worsening fiscal…
House of Representatives Passes Four Tax Reform Bills for Second Reading
The House of Representatives has passed four significant tax reform bills for second reading, marking an important…
Strengthening Nigeria’s Role in BRICS for Economic Growth and Investment
Nigeria's partnership with BRICS (Brazil, Russia, India, China, and South Africa) is seen as a game-changing…
Nigerian Banks Progressing Towards Meeting 2026 Recapitalisation Deadline – Fitch…
Fitch Ratings has reported that Nigerian banks are on track to meet the Central Bank of Nigeria's (CBN)…
Telecom Tariff Hike Sparks Backlash as NLC Calls for Boycott and Subscribers…
Telecom operators in Nigeria are facing a strong backlash after implementing a 50% tariff hike despite an ongoing…
Tinubu Hails $50M IFC Investment in Lagos Free Zone
President Bola Tinubu expressed his appreciation for the International Finance Corporation's (IFC) $50 million…
External Influences and Internal Struggles Hinder ECOWAS’ Aspirations– Prof.…
The Economic Community of West African States (ECOWAS) has faced significant challenges in achieving its core…
China’s Chipmaking Equipment Purchases Set to Decline Amid Sanctions and…
China's chipmaking equipment purchases, which had seen consistent growth for the past three years, are expected to…
Vietnam to Raise 2025 GDP Growth Target to 8% Amid Global Trade Risks and U.S.…
Vietnam is set to revise its 2025 GDP growth target upwards, now aiming for at least 8% compared to the previous…
Trump’s Trade Advisers Finalize Plans for Reciprocal Tariffs Amid Growing…
Former U.S. President Donald Trump's trade advisers are in the final stages of preparing reciprocal tariffs, which…
Foreign Portfolio Investments in Nigeria Surge 126.8% in 2024
Foreign Portfolio Investments (FPIs) into Nigeria's stock market saw a remarkable increase of 126.8% in 2024,…
CBN Scraps Free ATM Withdrawals, Introduces New Charges: Bank Customers Express…
In a recent move by the Central Bank of Nigeria (CBN), the institution has announced the scrapping of free ATM…
Nigeria’s Economic Reset: The Crucial Role of Data Integrity in National…
Nigeria is currently navigating an economic reset to address the persistent challenges it faces, including…
Nigeria, UAE Strengthen Aviation Ties with Amended Bilateral Air Service Agreement
Nigeria and the United Arab Emirates (UAE) have signed an amended Bilateral Air Service Agreement (BASA), aimed at…
Telecom Tariff Hike: House of Reps Demands Reversal Amid Economic Concerns
The long-awaited 50% tariff increase by Nigerian telecommunications operators has officially begun, following…
Nigerian Equity Market Maintains Bullish Momentum with N426bn Gain
The Nigerian equity market continued its positive trajectory on February 12, 2025, with investors gaining N426…
Senate Proposes N10bn for Capital Market Awareness to Boost Investor Participation
In a recent proposal, the Nigerian Senate suggested allocating N10bn to fund investor education in the capital…