Naira Hits N1,845/€ on Easter Monday as Euro Climbs to 3-Year High Against the…
On Easter Monday, the Nigerian naira traded at N1,845 against the euro on the black market, marking a slight…
Nigerian Equity Market Loses N207bn Amid Easter Holiday Shutdown
The Nigerian equity market experienced a significant decline during a shortened trading week, with a loss of N207…
Dollar Falls to Lowest Point Since March 2022 Amid Economic Uncertainty
The US dollar experienced a significant depreciation on Monday, hitting its lowest point since March 2022, as…
Legend Internet to List Two Billion Shares on NGX, Marking Major Milestone for…
Legend Internet Plc is set to list two billion shares on the Main Board of the Nigerian Exchange Limited (NGX) on…
FX Volatility Drives 9% Increase in Local Inputs Sourcing by Nigerian…
In 2024, the ongoing foreign exchange (FX) volatility in Nigeria caused a significant shift in the manufacturing…
Nigeria’s $630 Million Investment in Data Centres to Meet Surge in Internet…
As internet usage continues to soar, data centre operators in Nigeria are investing over $630 million to expand…
Philipp Müller Appointed CEO of Blue Earth Capital to Lead Next Growth Phase in…
Blue Earth Capital, a prominent impact investor managing over $1.5 billion in assets, has announced the…
C2FO Secures $30 Million Funding to Expand into Emerging Markets with IFC Support
C2FO, a US-based working capital platform, has raised $30 million in funding to enhance its technology and expand…
Nigeria’s Foreign Investment Surges to Two-Year High Amid High Yields and Rate…
Foreign investment in Nigeria has surged to its highest level in over two years, largely driven by the Central…
SEC Cracks Down on Unregistered Investment Promotions by Influencers, Enforces New…
In a strong move to protect Nigerian investors, the Securities and Exchange Commission (SEC) has issued a stern…
Top Nigerian Banks Post Record ₦17.3 Trillion in Gross Earnings, Profit Soars by…
In a year marked by economic hurdles, Nigeria’s top five banks – Zenith Bank, GTCO, UBA, Access Holdings, and…
Ghana Surpasses IMF Reserve Target Early, Strengthening Economic Outlook
Ghana has successfully exceeded a key milestone in its ongoing IMF program, surpassing its gross international…
Ghana to Face Minimal Economic Impact from New US Tariffs, Fitch Solutions Report
Ghana is expected to experience relatively minor economic disruption from the new US tariffs, according to a…
IFC Provides Financing Package to Cameroon’s First African Company
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a partnership with…
QED Investors Leads Stitch’s $55 Million Series B
Stitch just secured a massive $55 million Series B funding round, led by major global investors like QED…
CBN Mulls Interest Rate Hike as Money Supply Soars to N114.2tn
The Central Bank of Nigeria (CBN) may be gearing up to raise interest rates in May, as inflationary pressures…
CBEX: Oil & gas investors hit hard as fraud surpasses N2trn
The abrupt collapse of Crypto Bridge Exchange (CBEX), a digital investment platform exposed as a Ponzi scheme, has…
IMF Urges Ghana and Affected Nations to Accelerate Reforms Amid Trade Tariff…
The International Monetary Fund (IMF) is calling on Ghana and other countries impacted by the United States'…
IMF Warns of Global Economic Strain as U.S. Tariffs Fuel Trade Tensions
The International Monetary Fund (IMF) has raised alarms over mounting global trade tensions, cautioning that…
CBEX promoters won’t escape justice – SEC
The Securities and Exchange Commission (SEC) has taken a firm stance against the promoters of Crypto Bridge…
Hermes To Hike US Prices To Offset Tariff Impact
French luxury brand Hermès announced plans to increase its U.S. prices starting May 1 to counter the impact of a…
FG Targets Cooperative Sector Revamp to Drive $1 Trillion Economy
The Federal Government of Nigeria has launched a comprehensive initiative aimed at revitalizing the country's…
Nigeria Lands $1.3B Mining Investment, Eyes $25B GDP Surge & $8B FX Boost —…
Nigeria just bagged a massive mining investment deal worth $1.3 billion, and it’s being called the biggest private…
Ghana’s Producer Price Inflation Dips to 24.4% in March Amid Sectoral Shifts and…
Ghana’s Producer Price Inflation (PPI) saw a notable decline in March 2025, falling to 24.4% from 27.6% the…
Ghana Rolls Out $1M Fund to Empower Northern Farmers and Boost Food Security
In a bold move to strengthen agriculture and combat food insecurity in the northern parts of the country, Ghana's…
Stakeholders Push for Stronger Monitoring to Accelerate Ghana’s Industrial Growth
In a timely call to action, stakeholders are emphasizing the urgent need for stronger monitoring and evaluation…
Crypto Market Sheds $633.5 Billion in Q1 2025 Amid Recession Jitters and Investor…
The crypto market took a serious hit in the first quarter of 2025, losing over $633 billion in market value—a drop…
Trump’s 90-Day Tariff Pause and Its Global Trade Impact
In a sudden shift, former U.S. President Donald Trump announced a 90-day pause on tariffs, which had previously…
Stocks Struggle as Fed’s Powell Issues Caution, Euro Dips Ahead of ECB…
European markets faced a decline on Thursday as uncertainty surrounding the global economy persisted. The STOXX…
Nigeria’s March 2025 Inflation: Rising Pressures and Unexplained Data…
In March 2025, Nigeria’s inflation rate rose to 24.23% from 23.18% in February, marking the first increase since…