Offshore Investors Fuel Nigeria’s Bond Market Rally Ahead of DMO Auction
Foreign Portfolio Investors (FPIs) significantly increased their interest in Nigeria’s fixed income instruments…
SEC Ban on Dual Director Roles Wins Stakeholder Support Amid Corporate Governance…
The Securities and Exchange Commission (SEC) of Nigeria has issued a new directive banning Independent…
Global Equity Funds See Largest Outflows in Three Months Amid Middle East…
Global equity funds experienced significant withdrawals totaling $19.82 billion in the week ending June…
Nigeria Leads Global Stablecoin Adoption in 2025, Second in Overall Digital Asset…
Nigeria has emerged as the global leader in stablecoin adoption, according to the newly released 2025 Report…
Bank of Ghana to Overhaul Reference Rate in Drive for 10% Lending Target
The Bank of Ghana (BoG) has announced a major reform targeting the Ghana Reference Rate (GRR) as part of efforts…
NCC Vows to Expose and Prosecute Telecom Vandals Under New Infrastructure…
The Nigerian Communications Commission (NCC) has announced its intention to collaborate more closely with security…
REA and FCMB Launch ₦100 Billion Renewable Energy Fund to Power Two Million…
In a strategic move to expand electricity access across Nigeria, the Rural Electrification Agency (REA) and First…
Breaking: Tinubu Sets Up High-Level Peace Committee to Tackle Benue Killings
In response to a deadly attack that claimed around 200 lives in Yelewata community, Guma Local Government Area of…
US Recovers $225M in Largest-Ever Crypto Scam Bust | Crypto Fraud, Blockchain, FBI
The United States government announced on Wednesday, June 19, 2025, that it has successfully recovered $225…
CBN’s 50% CRR Policy Sparks Liquidity Crisis, Threatens Nigeria’s $1tn Economic…
Nigeria's banking sector is facing a serious liquidity challenge following the Central Bank of Nigeria’s (CBN)…
Global investment decline may worsen due to tariffs, UN trade agency warns
Global foreign direct investment (FDI) declined for the second year in a row in 2024, and projections for 2025…
Bitcoin Stagnates Amid Hawkish Fed Stance and Israel-Iran Conflict
Bitcoin remained in a tight consolidation range on Thursday, trading around $105,200, as rising geopolitical…
Dangote Refinery Set to Export First Petrol Cargo to Asia, Signaling Global…
The Dangote Petroleum Refinery, Africa’s largest oil refining facility, is preparing for its first gasoline export…
NIBSS Launches ISO 20022-Compliant National Payment Stack to Revolutionize Digital…
The Nigeria Inter-Bank Settlement System (NIBSS) has officially launched the National Payment Stack (NPS), an…
China Likely to Hold Lending Rates Steady Amid Trade Truce and Recent Easing…
China is expected to keep its key lending rates unchanged during its upcoming monthly review, following…
EU Court Adviser Backs €4.1 Billion Antitrust Fine Against Google Over Android…
Alphabet’s Google is facing a significant legal challenge in Europe as a top adviser to the European Union’s…
Geopolitical Tensions and Central Bank Decisions Keep Global Markets on Edge
Global financial markets remain cautious as geopolitical uncertainty surrounding potential U.S. military action in…
Senate Demands Explanation from NNPCL Over Missing N210 Trillion in Financial…
The Nigerian Senate has issued a one-week ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to…
Experts Urge African Organisations to Embrace Digital Transformation for Economic…
Organisations and government agencies across Africa have been strongly encouraged to prioritise digital…
Nigerian Stock Market Rebounds as Access, FCMB, and Fidelity Bank Assure CBN…
The Nigerian stock market saw a significant rebound after major banks including Access Holdings, FCMB Group, and…
CBN Halts Banks’ Foreign Investments, Dividends & Bonuses Amid Market Activity…
In a directive issued on June 13, 2025, the Central Bank of Nigeria (CBN) announced a temporary suspension on…
FAAC Distributes N1.65 Trillion in May Amid Boost in VAT and Oil Derivation Funds
In May 2025, the Federation Account Allocation Committee (FAAC) disbursed N1.65 trillion to Nigeria’s federal,…
Japan Cuts Super-Long Bond Sales by 10% to Stabilize Market Amid Rising Yields
In a significant shift to its fiscal strategy, the Japanese government plans to cut sales of its super-long bonds…
Fed Holds Rates, Warns of Inflation and Slower Growth Amid Global Tensions
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its…
Apple Explores Generative AI to Accelerate Custom Chip Design, Says Tech Chief
Apple is exploring the use of generative artificial intelligence to enhance the design process of its custom…
Ghana’s Producer Inflation Falls to 10.2% in May 2025: Lowest Since 2023 Amid…
Ghana’s producer price inflation (PPI) dropped sharply to 10.2% in May 2025 from 18.5% in April, marking the…
Nigerian Power Sector and Government Lag Behind in Digital Resilience, NESG Warns
At a biennial lecture in Lagos organized by the Chartered Institute of Directors, the CEO of the Nigerian Economic…
Equity Market Soars as Oil, Insurance Stocks Drive N1.18tn Rally
The Nigerian Exchange (NGX) witnessed a robust performance on Wednesday, marking a major rebound with the market…
Intel Bolsters Leadership with Key Engineering Hires Under CEO Tan’s Turnaround…
Intel has announced the hiring of three prominent executives from the chip industry as part of CEO Lip-Bu Tan’s…
CBN Introduces Targeted Measures for Select Banks Amid Sector Reform
The Central Bank of Nigeria (CBN) has issued new transitional guidelines targeted at a select number of banks as…