Capital Market Leaders Back Tinubu’s Reforms, Urge Firms to List on NGX
Stakeholders in Nigeria’s capital market have thrown their weight behind President Bola Tinubu’s economic reforms and called on more companies…
FG Approves 2026–2030 National Development Plan to Drive Growth, Reforms, and Job Creation
The Federal Government has approved a new Medium-Term National Development Plan (MTNDP) 2026–2030, aimed at consolidating ongoing reforms and accelerating Nigeria’s…
European Stocks Mixed as Investors Await EU and U.S. Inflation Data
European markets are set for a mixed open on Friday as investors brace for fresh inflation data from both the…
MTN Ghana CEO Stephen Blewett Elected Chairperson of Ghana Chamber of Telecommunications
The Ghana Chamber of Telecommunications has announced a major leadership transition, with MTN Ghana CEO Stephen Blewett elected as Chairperson of its…
Ghana to Begin Licensed Timber Exports to EU in October 2025
Ghana has announced that it will officially begin exporting Forest Law Enforcement, Governance and Trade (FLEGT)-licensed timber to the European…
NCC Unveils New Cybersecurity Framework to Safeguard Nigeria’s Telecom Sector by 2026
The Nigerian Communications Commission (NCC) has announced plans to roll out a new cybersecurity framework aimed at strengthening protection across…
Nigerian Banks Face Capital Discipline Tests as CBN’s Forbearance Window Ends in 2025
Nigeria’s banking sector is approaching a critical juncture as the Central Bank of Nigeria (CBN) prepares to end its regulatory…
Nigerian Stock Market Slips to N88.9tn Amid Bearish Trading, Investors Lose N438bn
The Nigerian Exchange closed in the red on Thursday as bearish trading wiped off N438 billion from investors’ wealth, pushing…
Nigeria’s Cheap Stocks in 2025: Hidden Bargains or Value Traps?
Fifteen Nigerian companies across banking, insurance, industrials, and real estate are currently trading below their book value, with an average…
Dangote Signs $2.5 Billion Deal to Build Fertilizer Plant in Ethiopia
Africa’s richest man, Aliko Dangote, has signed a landmark $2.5 billion agreement with the Ethiopian government to build a world-class…
Tariff Hike Forces 2.4 Million Nigerians Off Internet Despite Rising Data Usage
A sharp 50 percent tariff hike on telecom services has triggered a significant decline in Nigeria’s mobile and internet subscriptions,…
NESG Urges FG to Prioritize Economic Stabilization, Productivity, and Job Creation
The Nigerian Economic Summit Group (NESG) has advised the Federal Government to focus on three key priorities to sustain Nigeria’s…
AI giant Nvidia beats earnings expectations but shares fall
US-based chipmaker Nvidia reported stronger-than-expected earnings for its latest quarter, but investor sentiment cooled as concerns grew over slowing sales in China…
Nigeria’s High Interest Rates Drive Surge in Short-Term Corporate Borrowing
Nigerian companies are increasingly turning to short-term debt instruments to navigate soaring borrowing costs fueled by record-high interest rates. Firms…
Naira Rebounds as Nigeria’s Foreign Reserves Hit $41.2 Billion, Boosting Investor Confidence
The naira regained strength on Wednesday after two days of marginal losses, supported by Nigeria’s external reserves crossing the $41…
European Markets Open Higher as Nvidia Earnings Boost Sentiment; Drax Shares Plunge 11% on UK Probe
European stock markets opened higher on Thursday, lifted by strong earnings from U.S. tech giant Nvidia, even as investors weighed…
Experts Call for AI and Technology Adoption to Boost Nigeria’s Economic Diversification
Technology and economic experts have urged Nigeria to accelerate the adoption of Artificial Intelligence (AI) and digital innovation as a…
BREAKING: Access Holdings appoints Innocent Ike as new GMD/CEO as Aig-Imoukhuede consolidates control
Access Holdings Plc has confirmed the appointment of Mr. Innocent Ike as its substantive Group Managing Director and Chief Executive…
Nigeria-Guangxi Trade Surges to $320 Million in 2024, Strengthening China-Nigeria Ties
Nigeria’s trade with China’s Guangxi region climbed to $320 million in 2024, marking a significant 21% growth year-on-year. The development was…
Nigerian Stock Market Dips as Cornerstone, RT Briscoe Lead Losers Amid N324bn Decline
The Nigerian stock market closed on a negative note on Thursday, shedding N324 billion in market capitalization after the benchmark All-Share Index…
Capital Markets Key to Boosting Nigeria–Brazil Trade and Investment, Says NGX Boss
The Nigerian Exchange Group (NGX) has emphasized that capital markets will be instrumental in driving trade and investment between Nigeria…
Nigeria Targets 20% GDP Boost Through AI and Digital Innovation, Says NITDA
The Federal Government of Nigeria has reaffirmed its commitment to leveraging artificial intelligence (AI) and digital innovation as key drivers…
BoG Enforces New Forex Rules: Importers, Exporters Urged to Use Credit Cards for Overseas Transactions
The Importers and Exporters Association of Ghana has urged its members to adopt credit or Visa cards for international transactions…
IMF Urges Governments to Boost Debt Transparency to Lower Borrowing Costs
The International Monetary Fund (IMF) has called on governments worldwide to strengthen debt transparency to restore investor confidence and reduce…
Stock Futures Flat as Investors Await Nvidia Earnings: AI Demand Fuels Market Optimism
Stock futures were little changed on Wednesday as Wall Street awaited Nvidia’s highly anticipated earnings report, a potential turning point…
Nigeria Faces 18.9% Oil Production Deficit, Missing 2025 Budget Target by 82.5 Million Barrels
Seven months into the 2025 fiscal year, Nigeria’s crude oil output has fallen short of projections by 82.46 million barrels,…
Trump’s 50% Tariffs on Indian Goods Take Effect, Escalating U.S.-India Trade Tensions
U.S. President Donald Trump’s decision to double tariffs on Indian goods to as high as 50% officially took effect on…
Ghana Launches New Financing Frameworks to Boost Cocoa, Oil Palm, and Strategic Crops
Ghana has initiated a major step to strengthen agricultural financing by setting up three Technical Committees to develop new funding…
Tinubu Commends Nigeria’s Capital Market Growth, Vows More Reforms During Brazil Visit
President Bola Tinubu has lauded the significant growth of Nigeria’s capital market, attributing the surge in market activity to renewed…
CBN Sets October 31 Deadline for Banks to Upgrade to ISO 20022 and Geo-Tag Payment Terminals
The Central Bank of Nigeria (CBN) has directed all financial institutions and payment service providers to complete the migration to…