Nigeria reaffirms strong ties with US amid global uncertainty
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has emphasized the country’s unwavering…
Analysts Predict Temporary Easing of Inflation in April Amidst Economic Pressures
Economic analysts are cautiously optimistic that Nigeria could see some easing in inflation for April 2025,…
FAAC Allocation Drops for Third Month to N1.57tn Amid Fiscal Pressures
The Federation Account Allocation Committee (FAAC) reported a continued decline in revenue shared among the…
Nigerians Fear Losses as CBEX Investment App Locks Users Out Amid Crash Fears
In a distressing turn of events, Nigerian users of the digital investment platform CBEX are voicing their fears…
Nigeria’s Inflation Rate Climbs to 24.23% in March 2025 Amid Rising Economic…
Nigeria’s inflation rate has surged to 24.23% in March 2025, as reported by the National Bureau of Statistics…
FCT Hits 95% Budget Execution in 2024 – Wike
Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has reported an impressive 95% implementation of…
U.S Stock Futures Rise on Auto Tariff Exemption Hopes Amid Ongoing Uncertainty
U.S. stock index futures edged higher on Tuesday, driven by optimism that the auto sector could receive tariff…
China Pushes Back on U.S. Deep-Sea Metal Stockpile Plans, Citing International Law
So according to a recent report, the U.S. is apparently working on plans to stockpile deep-sea metals from the…
March Inflation Expected to Hold at 23.18% Amid Balancing Forces in Food, FX, and…
Analysts are projecting that Nigeria’s headline inflation for March 2025 will likely stay relatively flat around…
Lagos Partners with REA to Expand Renewable Energy Access and Bridge Power Gaps
In a decisive move to tackle Lagos State’s longstanding energy challenges, the Lagos State Government has signed a…
Africa Sees 14% Surge in Spyware Attacks Amid Rising Cyber Threats — Kaspersky
Africa witnessed a 14% year-on-year increase in spyware detections targeting businesses between 2023 and 2024,…
OpenAI Drops GPT-4.1 Series with Focus on Coding Efficiency
OpenAI has introduced a new set of AI models dubbed the GPT-4.1 family, signaling a push toward smarter, more…
Autos Drive European Markets Up as Trump Hints at Tariff Relief
European markets opened on a strong note Tuesday, with the Stoxx 600 up over 1.2% by mid-morning, powered by a…
Stock Market Close Lower on Profit-taking in Nestle Nigeria, 23 Others
The Nigerian stock market kicked off the week on a slight downturn as investors cashed out on gains from Nestle…
Trump’s Tariff War and Global Trade: A Push for Responsible Governance
In a recent debate on global trade and governance, economist Jeffrey Sachs criticized the U.S. administration's…
CBN Advocates for Stronger Banks to Achieve $1 Trillion Economy by 2030
The Central Bank of Nigeria (CBN) has emphasized the need for resilient and stable banks in achieving the nation's…
Declining Oil Production Threatens Nigeria’s Fiscal Stability and Dollar…
Nigeria's fiscal stability is under increasing pressure as the country’s crude oil production dropped to its…
Banks Essential to Nigeria’s $1 Trillion GDP Target, CBN Says
Nigeria’s ambition to reach a $1 trillion GDP by 2030 heavily relies on the banking sector’s ability to increase…
GIA and SEC Unveil Strategic Plan for Nigeria’s Digital Asset Market Growth
The Global Investment Advisory (GIA) Community, in partnership with the Securities and Exchange Commission (SEC),…
GNCCI Warns Ghana’s 2025 Inflation Target at Risk Due to Rising Costs and Policy…
The Ghana National Chamber of Commerce and Industry (GNCCI) has raised concerns that the country's 2025 inflation…
Naira Weakens as Dollar Index Hits 2022 Lows Amid Growing Market Concerns
The Nigerian naira saw slight gains in the country’s foreign exchange market, with official rates hovering near…
Firm secures funding to promote AI
The Kayode Alabi Leadership and Career Initiative (KLCI) has received N75 million in cloud credits from Amazon Web…
OPEC Lowers Oil Demand Forecast as US Tariffs Rattle Global Markets
OPEC has revised its global oil demand growth forecast for 2025, trimming it to 1.3 million barrels per day (bpd),…
CBN Warns Banks Against Illicit Funds Amid Recapitalisation Drive
The Central Bank of Nigeria (CBN) has issued a strong warning to deposit money banks against sourcing capital from…
Entrepreneurs Applaud FCMB’s BEST Programme for Boosting Business Growth
First City Monument Bank (FCMB) is receiving widespread praise for its recent Business Empowerment, Sustainability…
Nigeria’s Oil Production Hits 2025 Low, Threatening Budget and Economic Stability
Nigeria’s oil production has dropped to its lowest level in 2025, raising concerns over the country’s economic…
African Trade Ministers to Address Trump’s Tariff Threat
African Trade Ministers from across the continent are convening on Monday, April 14, 2025, to discuss the newly…
Banks and Manufacturers Overcome Economic Challenges to Post Impressive Profits…
Despite Nigeria's economic struggles, including high inflation, a depreciating naira, and rising interest rates,…
Afriland Properties Approves N865.5m Dividend as 2024 Profits Surge
Afriland Properties Plc has received shareholder approval to distribute a total dividend of N865.5 million,…
Trump’s Commerce Secretary Warns of Future Tariffs on Tech Products
The U.S. tech industry’s temporary relief from tariffs may soon come to an end, according to Commerce Secretary…