U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs…
Tinubu’s “Nigeria First” Policy Set to Boost Local Industry and Jobs, Says NASENI
President Bola Ahmed Tinubu’s recently launched “Nigeria First” policy has received strong backing from the…
OpenAI and Microsoft Rework Partnership Amid $57.9B Funding and IPO Talks
OpenAI and Microsoft are in the midst of high-level negotiations to reshape their multibillion-dollar partnership,…
Gov’t Misses GHS169m T-Bill Target as Yields Continue to Dip-GHANA
The Bank of Ghana’s latest auction results revealed that the government missed its T-bill target by GHS169…
US-China Agree to Slash Tariffs in Breakthrough Deal, Easing Global Economic Fears
In a major development, the United States and China have agreed to cut tariffs to a 10% baseline for 90 days,…
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
SoftBank Group is expected to report a net loss of 26.9 billion yen ($184.4 million) for its fourth quarter,…
Improved earnings, dividend payment lift investors’ fortune by N180 billion
In the first quarter of 2025, Nigerian investors have seen their fortunes rise by approximately N180 billion,…
MTN Nigeria Pays N764.2bn in Taxes, Invests N3.5bn in Social Initiatives, and…
MTN Nigeria Communications Plc (MTNN) announced a substantial contribution of N764.2 billion in taxes, levies, and…
Experts cautions against idle deposits as banks grow investment securities to…
In the first quarter of 2025, eight major Nigerian banks, including Access Holdings, Zenith Bank, and United Bank…
NGX Market Surge Adds N1.69tn in Capitalisation Amid Trading Boom
The Nigerian Exchange Limited (NGX) saw an impressive surge in market activity, with investors trading 2.645…
Nigeria’s Crude Oil Output Reaches 2-Month High, Still Below OPEC Quota
Nigeria's crude oil production saw a modest recovery in April, reaching a two-month high, but still fell short of…
Microsoft 2025 Work Trend Report: Rise of the Frontier Firm Signals AI-Led…
Microsoft’s 2025 Work Trend Index, developed in collaboration with LinkedIn, introduces the concept of the…
From Aid to Industry: How Africa’s Informal Sector and Youth Could Drive Inclusive…
For decades, many African nations have relied heavily on foreign aid to fund healthcare, education, and emergency…
Nigeria Records 119,000 Data Breaches in Q1 2025 Amid Global Decline — Surfshark…
In the first quarter of 2025, Nigeria recorded over 119,000 data breaches, according to a new report from…
Shareholders Urge SEC to Overhaul Unclaimed Dividend Process in Nigerian Banks
Shareholders in Nigeria are pressing the Securities and Exchange Commission (SEC), registrars, and stockbrokers to…
US and China Reach Breakthrough Trade Deal in Geneva: Path Cleared for Economic…
After two days of tense negotiations in Geneva, the United States and China have reached a critical trade…
Bank of Ghana Warns Public About Foreign Investment Scams
The Bank of Ghana has issued a strong warning to the public regarding the growing threat of illegal foreign…
CBN Ups Treasury Bills Offer to N550bn Amid Softer Demand, Shifting Investor Focus
The Central Bank of Nigeria (CBN) has increased its Treasury Bills (T-Bills) Primary Market Auction offer from…
Dangote Refutes Marketers’ Claims, Asserts Refinery’s Capacity to Meet…
The Dangote Petroleum Refinery has strongly countered accusations from oil marketers that it cannot meet Nigeria’s…
China Pressures U.S. to Scrap Tariffs Ahead of Crucial Switzerland Trade Talks
As the U.S. and China gear up for high-stakes trade negotiations in Switzerland, Beijing has called on Washington…
OpenAI Appoints Fidji Simo as CEO of Applications to Drive Global Operations and…
OpenAI has announced that Fidji Simo will become its new Chief Executive Officer of Applications, a role aimed at…
CBN Sells N598.3bn NT-Bills Amid Liquidity Surge in the Market
On May 7, 2025, the Central Bank of Nigeria (CBN) held a successful Nigerian Treasury Bill (NTB) auction, raising…
Airtel Africa Gears Up for Airtel Money IPO, Projects H1 2026 Listing and Robust…
Airtel Africa is making significant strides in its preparation for the IPO of Airtel Money, its mobile money…
Lagos Approves Over 37,000 Building Permits in Six Years, Boosts Urban Development
Over the past six years, the Lagos State Government has approved a total of 37,266 building planning permits to…
Seplat raises oil output to over 131,000bpd
Seplat Energy Plc has significantly increased its daily hydrocarbon production in the first quarter of 2025,…
Nigeria Moves to Capture $31.8M Informal Export Trade: NEPC and NBS Sign MoU
In a bid to improve the accuracy of Nigeria’s trade statistics, the Nigerian Export Promotion Council (NEPC) and…
Pension Fund Investment in Private Equities Soars by 299% Amid Search for Better…
In Nigeria, pension fund investments in private equity have surged dramatically by 298.7% in the past five years,…
Senate Approves New VAT Sharing Formula, Strengthens Tax Reform with Passage of…
The Nigerian Senate has approved two key Tax Reform Bills aimed at overhauling the country’s tax system. This is…
Nigeria Sets Ambitious 2.5 Million Barrels Per Day Oil Production Target for NNPC…
The Nigerian federal government has set an ambitious target of increasing oil production to 2.5 million barrels…
Global Food Prices to Drop by 7% in 2025, Led by Declining Rice Costs-GHANA
Global food prices are expected to see a significant decline in 2025, marking a second consecutive year of lower…