Surge in Attacks on Telecom Infrastructure Raises Doubts Over Nigeria’s…
Telecom infrastructure in Nigeria is under increasing threat, with rising incidents of fibre cuts, equipment…
Naira Strengthens in Black Market After Cardoso’s Warning, Weakens at…
The Naira experienced a positive shift in the parallel foreign exchange (FX) market on Wednesday, gaining N10…
Trump’s Trade War: Rising Risks for Nigeria and Other Economies Amid Tariffs
US President Donald Trump's new tariffs targeting Mexico, Canada, and China are stirring concerns about global…
Asia-Pacific Markets See Mixed Trading Amid Wall Street Decline Following…
Asia-Pacific stock markets experienced mixed results on Thursday, as investors reacted to U.S. President Donald…
Trump Proposes Tariff Reduction to Finalize TikTok Deal with China
U.S. President Donald Trump has expressed willingness to reduce tariffs on China in exchange for a deal regarding…
US Dollar Strengthens Amid Ongoing Tariff Uncertainty and Economic Data
The US dollar gained strength against both the Euro and the Japanese Yen on Wednesday, as traders closely…
Nigeria Must Invest $15 Million Annually to Boost Statistical Performance, Says…
The World Bank has recommended that Nigeria invest between $10 million and $15 million annually to enhance its…
mediaReachOMD Launches AI-Driven OCI 2.0 to Revolutionize Consumer Insights
In celebration of its 25th anniversary, mediaReachOMD has unveiled OCI 2.0, the latest evolution of its…
Trump Threatens Larger Tariffs on Canada, EU Over Economic Harm to U.S.
U.S. President Donald Trump has warned that he could impose significantly higher tariffs on Canada and the…
Global Stocks Drop as Trump Announces New Auto Tariffs, China Defies the Trend
Global stock markets took a hit on Thursday following U.S. President Donald Trump’s announcement of new 25%…
Nigeria’s Broadband Penetration Reaches 45.61% Despite Decline in Telecom…
Nigeria's broadband penetration has shown consistent growth, reaching 45.61% as of January 2025, with a total…
NGX Market Capitalisation Drops by N74bn Amid Bearish Market Trend
The Nigerian Exchange Limited (NGX) experienced a decline in market capitalisation by N74 billion at the close of…
CBN’s Strategic Forex Reforms Boost Naira Stability Amid Economic Recovery
Nigeria’s Central Bank (CBN) has made significant strides to stabilize the naira by enhancing the country’s…
Nigerian Startups Dominate West African Funding, Cornering 80% of Investments
Nigeria remains the undisputed leader in West Africa’s startup ecosystem, securing a dominant 80% of the region’s…
MTN Group and Airtel Africa Partner to Share Network Infrastructure in Nigeria and…
MTN Group and Airtel Africa have officially entered into agreements to share network infrastructure in Uganda and…
China Leads Global Chipmaking Investment in 2025 Despite Decline, SEMI Report…
China is set to continue its dominance in global chipmaking investment in 2025, despite experiencing a notable…
Analysts Predict Drop in T-Bill Yields as Liquidity Improves Ahead of CBN Auction
As Nigeria prepares for its Treasury Bill (T-Bill) auction on Wednesday, analysts expect a decline in yields due…
U.S. Blacklists Over 50 Chinese Tech Firms to Curb China’s AI and Chip…
The U.S. Department of Commerce has added over 50 Chinese companies to its export blacklist in an effort to…
Stakeholders to Address Nigeria’s Declining Consumer Purchasing Power at…
The 2025 Industry Summit & Awards is set to tackle the critical issue of declining consumer purchasing power…
Dangote Refinery Faces Backlash Over Dollar Sales, Expands Exports and Boosts…
Oil marketers in Nigeria, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria…
Wall Street Bonuses Surge 32% in 2024, Reaching Record Highs Amid Economic…
Wall Street bankers saw their bonuses rise by 31.5% in 2024, bringing the average payout to $244,700, according to…
Ghana’s Government to Settle $1.1 Billion Debt to ENI Amid Energy Sector…
The government of Ghana is set to pay $1.1 billion in 2025 to ENI, an energy company, to settle outstanding debts…
CBN Intensifies Efforts to Combat Forex Speculation Amid Naira’s Minor…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to…
U.S. Fed Rate Hold Triggers Sell-Off of Nigeria Eurobonds Amid Global Market…
The decision by the U.S. Federal Reserve to hold interest rates steady has contributed to a significant sell-off…
OpenAI Unveils GPT-4o-Powered Image Generation Directly in ChatGPT
OpenAI has integrated a powerful new image generation tool into ChatGPT, leveraging its advanced GPT-4o model.…
Ghana Loses $1.2 Billion in Gold Revenue Due to Illegal Smuggling in 2022,…
In 2022, Ghana lost an estimated $1.2 billion in gold revenue due to widespread illegal smuggling, according to…
TikTok Pledges Full Cooperation in Nigerian Data Breach Probe
Short video platform TikTok has committed to fully cooperate with the Nigerian Data Protection Commission (NDPC)…
Nigeria’s Banking Recapitalisation: A Path to Economic Diversification and…
Nigeria's ongoing banking recapitalization exercise is expected to play a crucial role in shaping the country's…
Inflation Eases for Second Consecutive Month in Nigeria, Analysts Cite FX…
Analysts have highlighted the role of relative stability in Nigeria's foreign exchange (FX) market in easing…
European Investors Urge AI Companies to Show Quick Returns Amid Rising Pressure
European investors are growing increasingly impatient with AI companies that have spent heavily on generative…