Naira Strengthens as Dollar Weakens Globally Amid Economic Shifts
The Nigerian naira appreciated modestly in the official foreign exchange market, closing at N1,527 to the US…
Asian Stocks Dip as Trump Tariff Deadline Looms and Fed Rate Cut Outlook Uncertain
Asian stock markets faltered on Wednesday as global investors navigated a complex mix of looming U.S. tariff…
Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to…
Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in…
Interswitch’s New Campaign Showcases Fintech’s Human Impact Across Africa
Interswitch, a leading digital payments and commerce company in Africa, has launched a new Masterbrand campaign…
Marketers Resist Dangote’s Petrol Price Cut, Maintain High Pump Rates Despite…
Despite a recent reduction in the ex-depot petrol price by the Dangote Petroleum Refinery from N880 to N840 per…
Investors Lose N150bn as NGX Opens July in the Red Amid Profit-Taking
The Nigerian Exchange Limited (NGX) began July on a bearish note, wiping off N150 billion from investors'…
Intel CEO Considers Pivot from Costly 18A Chips to Focus on Promising 14A…
Intel’s new CEO, Lip-Bu Tan, is considering a major shift in the company’s chip manufacturing strategy by…
Global Markets Hold Steady Amid Tariff Tensions and Uncertain U.S. Rate Policy
Global markets remained cautious as investors weighed developments in U.S. fiscal policy and looming trade…
Ghanaians Face Price Surge as GRA Implements New Tax Measures
The Ghana Revenue Authority (GRA) has begun enforcing a set of new tax policies from July 1, 2025, prompting…
Nigeria’s Economy Grows 3.7% in First Half of 2025 Amid Oil Boost and Business…
Nigeria’s economy experienced a 3.7% year-on-year growth in the first half of 2025, according to the Stanbic IBTC…
Middle East Tensions Threaten Ghana’s Economic Stability – Terkper Warns
Seth Terkper, Economic Policy Advisor at the Office of the President, has issued a caution regarding the potential…
Ghana Makes Debt Deal Strides as Finance Minister Concludes Landmark China Talks
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has wrapped up high-level discussions in China, signaling a…
BREAKING: Conoil, Julius Berger exit NGX30 as Aradel, Wema Bank join
The Nigerian Exchange Limited (NGX) has announced major changes in its semi-annual market index review, effective…
Dangote Refinery Slashes Petrol Price to N840 Amid Global Oil Drop, Plans…
Dangote Petroleum Refinery has announced a reduction in its ex-depot petrol price to N840 per litre, marking a N40…
SEC Urges AI Surveillance to Future-Proof Nigeria’s Capital Market
The Director-General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called for…
Nigerian Crude Falls Below $70 as Global Oil Market Faces Oversupply Fears
Crude oil prices for Nigeria's main export grades—Bonny Light, Brass River, and Qua Iboe—have fallen below $70 a…
Nigeria’s Money Supply Contracts Again Amid Monetary Tightening
Nigeria’s broad money supply (M3) experienced a second monthly decline in 2025, falling by N292.75 billion or…
OpenAI Denies Plans to Use Google’s AI Chips at Scale Amid Industry Speculation
OpenAI has clarified that it has no current plans to adopt Google’s in-house AI chips for its products, following…
Smartcomply Launches Partner Programme to Strengthen Africa’s Cybersecurity…
Smartcomply, a leading African cybersecurity and compliance solutions provider, has unveiled its new Smartcomply…
Elon Musk’s xAI Secures $10 Billion in Debt and Equity Funding to Boost AI…
Elon Musk’s artificial intelligence startup, xAI, has successfully raised $5 billion through debt financing…
Iran-Israel Conflict Poses New Threats and Opportunities for Nigeria’s Fragile…
The escalating conflict between Israel and Iran is reshaping global economic dynamics, with ripple effects…
FG Spends N611.7bn in March on Domestic Dollar Bond Repayment – DMO
The Federal Government of Nigeria spent N611.71 billion in March 2025 to service its first-ever domestic US…
Analysts Call for Review of Ghana’s 3% Flat Tax for Small Businesses Amid New Tax…
Tax analysts in Ghana are urging the Ghana Revenue Authority (GRA) to reconsider the 3% flat tax rate applied to…
Investors Gain N5.49 Trillion in June as Consumer Goods, Insurance, and Banking…
Nigeria’s equities market delivered a strong performance in June 2025, gaining approximately N5.49 trillion in…
Nigeria Records $3.73bn Current Account Surplus in Q1 2025, Driven by Non-Oil…
Nigeria posted a current account surplus of $3.73 billion in Q1 2025, according to the Central Bank of Nigeria…
Bitget Launches Institutional Crypto Services to Empower Nigeria’s Fintech…
Bitget, a global cryptocurrency exchange and Web3 company, has launched a new suite of institutional services in…
Nigeria’s External Reserves Drop $3.5bn in Six Months Despite Naira Stability
Nigeria’s external reserves have declined by $3.51 billion in the first half of 2025, dropping from $40.883…
Nigerian Stock Market Closes June with N11bn Loss Amid Profit-Taking and Mixed…
The Nigerian stock market ended the month of June on a subdued note, recording a modest loss of N11 billion on the…
216 Chinese Investors Target Nigeria’s Key Sectors After Landmark Nigeria-China…
At the recent Nigeria-China Sustainable Business Bilateral Trade and Investment Summit held on June 23, 2025, in…
World Bank Approves $65m Additional Loan to Boost Nigeria’s Procurement Reform
The World Bank has approved an additional $65 million credit facility for Nigeria, bringing total funding under…