Rewiring Nigeria’s Financial System: How the CBN is Stabilizing Banks and…
Nigeria’s financial system entered 2023 under intense pressure, with a weakening naira, rising inflation, and…
Rising Oil Prices Hit Nigerians Hard as Post-Subsidy Economy Faces Test
Nigeria is feeling the full impact of rising global oil prices, with no fuel subsidy to soften the blow. Since the…
US-Iran Conflict Drives Food Prices Up in Nigeria, Deepening Poverty Crisis
Soaring fuel prices linked to the ongoing US-Iran conflict are pushing food prices higher across Nigeria, hitting…
Naira Slides Again as Nigeria’s Forex Reserves Drop: CBN Moves to Boost Currency…
Nigeria’s currency, the Naira, recorded its second consecutive weekly decline against the US dollar, closing at…
FG Targets 5.2 Million Nigerians with Electricity Connections Under $750M World…
The Federal Government of Nigeria is ramping up efforts to expand electricity access, aiming to connect 5.2 million…
US Cuts Nigerian Crude Imports by Nearly 50% in January 2026: What It Means for…
The United States sharply reduced its imports of Nigerian crude oil in January 2026, marking a nearly 50% drop…
European Markets Fall as Iran War Escalation Rattles Global Investors
European markets started the week on a cautious note, slipping into negative territory on Monday as investors…
CBN Cuts Treasury Bill Rates as Investors Pour N2.7 Trillion into One-Year…
The Central Bank of Nigeria (CBN) has lowered interest rates on longer-term Treasury bills following a surge in…
Petrol Price in Nigeria Remains High Despite Dangote Cut as Global Oil Tensions…
Despite a recent price reduction by the Dangote Petroleum Refinery, petrol price in Nigeria has remained stubbornly…
Ghana’s Damang Mine Transition: Can Ibrahim Mahama Deliver on Local Ownership?
Ghana’s efforts to take control of the Damang gold mine from Gold Fields and shift it to local ownership are…
Zelensky Urges EU to Confiscate Russian Oil and Block Shadow Fleet Ships
Ukrainian President Volodymyr Zelensky on Thursday urged European countries to take stronger measures against…
Tinubu Expands CNG Initiative to Include Electric Vehicles, Boosting Nigeria’s…
President Bola Tinubu has approved a major expansion of the Presidential Initiative on Compressed Natural Gas…
Nigeria Sees $6.44bn Capital Inflows in Q4 2025 as Investor Confidence Grows
Nigeria attracted a total of $6.44 billion in capital inflows during the fourth quarter of 2025, marking a 26.6%…
Africa Sees Record 530 Private Capital Deals in 2025 Amid Global Slowdown
Africa has emerged as the only global region to grow private capital deal activity in 2025, completing 530…
African Startups See Debt Financing Surge to $1.2 Billion: Institutional Investors…
Debt financing for African startups has surged from less than $300 million in 2021 to $1.2 billion in 2025, marking…
NNPC/Seplat JV Transforms Lives with ‘Eye Can See’ Free Eye Care Programme in Imo
The NNPC/Seplat Joint Venture (JV) has made a remarkable impact on the health and well-being of residents in Imo…
Nigeria’s Power Sector Reforms Attract $2 Billion Investment, Liabilities Slashed…
Nigeria’s ongoing power sector reforms are yielding tangible results, attracting $2 billion in fresh investment and…
Netflix Raises Subscription Prices Across All Plans in 2026: What Viewers Need to…
Netflix is raising its subscription prices again, affecting all tiers of its streaming service. The company…
5G Rollout Struggles to Boost Revenue for Mobile Operators in Africa
The rollout of 5G across Africa is making headlines, but mobile operators are finding that faster speeds and more…
CBN Cuts Treasury Bill Rates as Investors Flood Market with N2.7 Trillion…
The Central Bank of Nigeria (CBN) reduced stop rates on longer-dated Treasury bills at its 25 March auction, even…
Nigeria’s Capital Market Key to Closing $100 Billion Infrastructure Gap, Says SEC
Nigeria is actively repositioning its capital market as a central driver for economic growth and infrastructure…
Nigerian Stock Market Hits Historic High as All-Share Index Crosses 200,000 Points
The Nigerian stock market reached an unprecedented milestone on Wednesday as the All-Share Index (ASI) surged past…
NCC to Block Fraudulent Mobile Numbers Nationwide to Boost Digital Security
The Nigerian Communications Commission (NCC) has unveiled plans to block mobile numbers linked to fraudulent…
Dangote Refinery Cuts Petrol Price to N1,200 Amid Global Oil Market Volatility
Dangote Petroleum Refinery has announced a significant reduction in its ex-gantry petrol price, bringing it down to…
MTN Nigeria Leads Market Trades as All-Share Index Holds N128.9 Trillion
The Nigerian stock market saw modest gains on Thursday, March 26, 2026, as the All-Share Index edged up by 32…
South Africa Holds Interest Rate at 6.75% Amid Rising Inflation Risks from Iran…
South Africa’s central bank has decided to maintain its policy rate at 6.75%, signaling caution as global energy…
32 Nigerian Banks Achieve Recapitalisation Target Ahead of Deadline, Boosting…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have successfully…
Google Makes It Easy to Switch Chatbots: Transfer Your Chats and Memories to…
Google is making it simpler than ever for users to move from other AI chatbots to its own Gemini platform. In a…
Naira Strengthens Across FX Markets as CBN Remittance Rule Boosts Liquidity
The naira on Thursday strengthened across Nigeria’s foreign exchange (FX) markets, reaching a five-month high, as…
European Stocks Poised to Rise as Trump Extends Iran Strike Hiatus
European stock markets are expected to open higher on Friday following U.S. President Donald Trump’s announcement…