Government in Final Talks with Strategic Investor for AT Revamp and Takeover
The Government of Ghana has entered into advanced discussions with a strategic investor for the revamp and…
Nigeria’s Economic Recovery Gathers Momentum – CBN Governor Cardoso
Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso, has assured Nigerians that the country’s economy is on a…
Nigeria’s AI Growth at Risk Without Strong Governance and Security, Experts Warn
Nigeria is rapidly embracing artificial intelligence (AI), but experts caution that the country’s current lack of…
Ghana’s Cedi Becomes World’s Best-Performing Currency Amid IMF Aid, Commodity…
In 2025, Ghana’s currency, the cedi, has emerged as the top-performing currency globally, appreciating nearly 50%…
CBN’s Recapitalization Deadline Expires: BDC Operators Urge Extension to Save 3…
The Central Bank of Nigeria’s (CBN) deadline for Bureau De Change (BDC) operators to meet new recapitalization…
ARK 21Shares Bitcoin ETF to Undergo 3-for-1 Share Split in Bid to Broaden Investor…
In a move aimed at making its flagship crypto investment product more accessible to everyday investors, 21Shares…
Google Agrees to $500 Million Compliance Overhaul to Settle Shareholder Antitrust…
Google has agreed to invest $500 million over the next decade to revamp its compliance framework as part of a…
Markets Cautious Ahead of Trump-Xi Talks; Dollar Dips as Trade Tensions Persist
Shares in Asia showed modest gains while U.S. futures slipped on Tuesday amid lingering concerns over U.S.-China…
Presidency Moves to Resolve N2 Trillion Power Debt Amid Sector Reforms
The Nigerian Presidency has initiated internal approval processes aimed at resolving the longstanding N2 trillion…
Nigeria’s Private Sector Grows for Sixth Straight Month Despite Inflation and…
Nigeria’s private sector sustained its growth momentum in May 2025, marking the sixth consecutive month of…
Nigerian Equities Market Starts Week Strong with N173bn Gain Despite Lower Trading…
The Nigerian equities market kicked off the week on a positive trajectory as it recorded a N173 billion increase…
Ghana’s Cedi Poised to Strengthen as $370 Million IMF Tranche Nears Approval
Ghana’s cedi is expected to remain relatively stable in the coming weeks, supported by the imminent release of…
Nigeria’s Economic Reforms Target Forex Stability Amid Oil Price Slump
Nigeria’s foreign exchange reserves have declined significantly in the first four months of 2025, dropping from…
NASD Market Soars with N5.14bn in Trades as Oil & Gas Sector Leads Rally
The NASD Over-the-Counter (OTC) Securities Exchange recorded a significant surge in trading activity last week, as…
Fuel Marketers Join Forces Amid Price War Between Dangote and NNPC
In response to the instability caused by fluctuating petrol prices in Nigeria, fuel marketers are forming…
Moody’s Upgrades Nigeria’s Credit Rating Amid Economic Reforms
Moody’s Investors Service has upgraded Nigeria’s credit rating from “Caa1” to “B3”, citing meaningful strides in…
BREAKING: Dr. Sidi Ould Tah Elected as New AfDB President, Succeeding Adesina
Dr. Sidi Ould Tah, former Minister of Economy and Finance in Mauritania, has been elected as the 9th President of…
Nigeria’s Money Supply Hits N119 Trillion as CBN Pauses Rate Hikes Amid…
Nigeria’s broad money supply (M3) surged to a record N119.11 trillion in April 2025, marking a 22.9% increase from…
Ghana Reaffirms Commitment to Fair Debt Talks Under G20 Framework
The Government of Ghana has reaffirmed its commitment to equitable and transparent debt restructuring negotiations…
Tinubu Highlights $8 Billion Oil Investment, 400% Rig Surge in Two-Year Economic…
President Bola Tinubu has marked his two years in office by emphasizing the significant strides his administration…
Nigeria and South Africa Among Africa’s Biggest Losers as $125 Billion in Tax…
Africa is losing an estimated $125 billion in tax revenue annually due to the large informal economies prevalent…
Nigerian Stock Market Extends Gains, Rises by 0.27%
Nigeria’s stock market continued its positive momentum on Wednesday, climbing by 0.27 percent. The uptick was…
Cedi Soars, Easing Ghana’s Debt Burden and Boosting Economic Outlook
Ghana’s currency, the cedi, has stunned markets with a dramatic 42% gain against the US dollar since January,…
Tinubu Hails Economic Reforms as Debt Service Drops, State Revenues Surge to N6…
In a speech marking his second year in office, President Bola Tinubu highlighted significant economic gains…
US Expands Export Controls on Chip Design Software and Key Chemicals to China
The United States has imposed new export restrictions requiring companies to obtain licenses before shipping…
DeepSeek’s R1 Update Signals China’s Growing Challenge to U.S. AI…
Chinese AI startup DeepSeek has quietly rolled out an updated version of its R1 reasoning model, dubbed R1-0528,…
GEXIM and Saudi EXIM Forge Strategic Partnership to Boost Trade and Project…
In a move to bolster Ghana's economic transformation through enhanced international trade and export development,…
AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global…
The African Development Bank (AfDB) has projected a significant drop of $39.84 billion in foreign funding to…
Nigeria’s Public Debt Could Surge to N800,000 Per Citizen Amid New $21.5 Billion…
Nigeria faces a significant rise in public debt if the Senate approves President Bola Tinubu’s request for $21.5…
SEC Warns Nigerians Against Unregistered Silverkuun Investment Cooperative
The Securities and Exchange Commission (SEC) has issued a strong warning to the Nigerian public against engaging…