NGX Chairman Deepens Capital Market Collaboration with Dubai Financial Market
In a significant step toward enhancing cross-border market integration, the Chairman of Nigerian Exchange Group…
NCC To Spotlight Mobile Virtual Network Investment, Growth Potential At Forum
The Nigerian Communications Commission (NCC) will headline the sixth edition of the Telecom Sector Sustainability…
Australia Holds Interest Rate Steady at 3.85% Amid Inflation Uncertainty
In a surprise move, the Reserve Bank of Australia (RBA) kept its policy interest rate unchanged at 3.85% on…
Apple Appeals $587M EU Antitrust Fine Over App Store Restrictions
Apple has officially taken legal action against a €500 million ($587 million) antitrust fine imposed by the…
Tinubu’s Tax Reforms Set Stage for Nigeria’s Economic Revival — IMPI
The Independent Media and Policy Initiative (IMPI) has hailed President Bola Tinubu’s new tax reforms as a…
FGN Opens July Savings Bonds with Up to 16.76% Interest Amid Stable Monetary…
The Debt Management Office (DMO) has commenced the subscription window for the July 2025 issuance of the Federal…
European Markets Stall as Trump’s Tariff Threats Stir Global Trade Uncertainty
European shares remained largely unchanged on Tuesday, as investors weighed the potential impact of fresh tariff…
China Warns Trump Against Tariff Hikes, Threatens Retaliation on Supply Chain…
In a sharp warning to former U.S. President Donald Trump, China on Tuesday cautioned against reigniting trade…
Seven Nigerian Banks Face ₦965bn Recapitalisation Gap Ahead of CBN Deadline
Seven Nigerian commercial banks—Fidelity Bank, FCMB, GTCO, UBA, First Bank Holding (FirstHoldco), Sterling Bank,…
Naira Gains Slightly as Banks Resume International Use of Naira Cards
The Nigerian naira saw a modest appreciation on Monday across both the official and parallel foreign exchange…
Trump Slaps Nigeria With 10% Tariff Over BRICS Ties Amid Growing Global Trade…
U.S. President Donald Trump has announced a 10% tariff on Nigeria in response to the country's recent alignment…
CBN Temporarily Lifts Cap on Tier-1 Capital to Boost Bank Resilience Until March…
The Central Bank of Nigeria (CBN) has announced a temporary removal of caps on the recognition of Additional…
Ghana Secures $370M IMF Boost After Fourth Review Approval
Ghana has received a significant financial boost as the International Monetary Fund (IMF) approved the country's…
Nigerian Stock Market Begins Week Strong with N193bn Gain Amid Renewed Investor…
The Nigerian Exchange Limited (NGX) opened the week on a bullish note, recording a gain of N193 billion in market…
CBN Orders Banks to Submit Capital Restoration Plans as Forbearance Regime Winds…
The Central Bank of Nigeria (CBN) has mandated all affected banks to submit detailed capital restoration plans as…
Nigeria’s Fintech Crisis: Over $200 Million Lost as Startup Failures Surge
Nigeria’s fintech sector, once hailed as a beacon of innovation and investment in Africa, is witnessing an…
Investors Position for Q2 Earnings as NGX Market Capitalisation Surges by N377bn
The Nigerian Exchange (NGX) ended the first trading week of July 2025 on a bullish note, gaining N377.26 billion…
Naira Poised for Modest Gains as Forex Liquidity Improves, Say Analysts
The Nigerian naira is projected to remain stable and potentially gain value this week, trading between ₦1,500 and…
Global Markets Stay Resilient Despite Trump’s Looming Tariff Hike
Global financial markets have shown surprising calm ahead of U.S. President Donald Trump’s Wednesday tariff…
NCC Pushes Solar Energy to Cut Telecoms’ Diesel Dependency and Costs
The Nigerian Communications Commission (NCC) is spearheading a new initiative to promote solar energy adoption…
Sycamore MD: Fintech and AI Can Multiply Nigeria’s Retail Investors Tenfold in 5…
Oluwagbenga Magbagbeola, Managing Director of Sycamore Investment and Asset Management, explained the company’s…
Petrol Prices Fall Below ₦900 as Dangote Refinery Slashes Rates Amid Global Oil…
Petrol pump prices in Nigeria have dropped below ₦900 per litre, following a ₦40 cut in ex-depot prices by the…
10-Year Treasury Yields Rise as Trump Delays Tariff Reinstatement, Threatens New…
The yield on the U.S. 10-year Treasury rose on Monday as global markets reacted to President Donald Trump’s…
Trump Intensifies Trade War with New Tariff Threats and BRICS Penalties
The ongoing U.S. trade war under President Donald Trump is heating up once again, as new tariff announcements and…
CBN Clarifies BVN Charges: Enrolment Still Free for Nigerians at Home, $50 Fee…
The Central Bank of Nigeria (CBN) has addressed concerns circulating on social media about alleged new or hidden…
DMO Opens July FGN Savings Bond Offer with Up to 16.762% Interest Despite Slight…
The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 issuance of the…
Government Misses T-Bills Target for Sixth Straight Week Amid Falling Interest…
The Government of Ghana has once again fallen short of its Treasury bill target, marking the sixth consecutive…
Nigerian Stocks Set to Soar 32% in 2025 on Tax Cuts, FX Reforms – Report
With projections indicating a 32.2% return, according to CardinalStone Research’s 2025 Mid-Year Economic Outlook.…
Half of African Currencies Weaken in May Despite Economic Reforms – Afreximbank…
Nearly half of Africa's currencies depreciated in May 2025, revealing a mixed macroeconomic picture across the…
Oyo State, FCMB Launch ₦1.5bn Agribusiness Fund to Empower 1,000 Youths
The Oyo State Government has unveiled a ₦1.5 billion empowerment scheme in partnership with First City Monument…