Fitch Assigns Negative Outlook to Adani Energy Amid U.S. Probe Risks
Fitch Ratings has placed a negative outlook on Adani Energy Solutions Limited, citing concerns over corporate…
CBN Aims for Single-Digit Inflation with Forex Stability Measures
The Central Bank of Nigeria (CBN) has been working diligently to stabilize the foreign exchange (forex) market,…
China Bond Yields Surge as Investors Reassess Rate Cut Expectations
China's sovereign bond yields reached their highest levels of the year, as investor optimism about economic growth…
Nigerian Stock Market Declines Amid Selloffs and Declining Fixed Income Yields
The Nigerian stock market closed in negative territory last week due to widespread selloffs in blue-chip companies…
Ghana’s Treasury Bill Yields Hit 20-Month Low Amid Fiscal Consolidation…
Treasury bill yields have continued their downward trend, reaching the lowest levels in 20 months, with average…
Telecom Tariff Hike Sparks Outrage in Southeast Nigeria
Telecom subscribers in Anambra, Ebonyi, and Enugu States have expressed their dissatisfaction with the recent 50%…
Nigeria’s Economic Recovery Gathers Momentum Amid Positive Indicators
Nigeria’s economy is showing encouraging signs of recovery, driven by positive macroeconomic indicators such as…
U.S. Dollar Weakens Amid Trade War Fears, Safe-Haven Currencies Soar
The U.S. dollar is under pressure, trading near a four-month low against major currencies as concerns over a…
Rebased GDP to reveal Nigeria’s underlying economic realities
Nigeria is set to unveil a rebased Gross Domestic Product (GDP) for the first quarter of 2025, a revision that has…
China’s Top Universities Expand Enrollment to Focus on AI and Strategic…
In a bid to strengthen its capabilities in artificial intelligence (AI) and other key sectors, several of China’s…
Nigeria’s Economic Recovery Spurs Strong Investor Confidence
Nigeria's economy is showing signs of strong recovery, with inflation easing to 24.5% in January and a steady rise…
Naira Declines Against Dollar Amid Increased Demand and Tight Liquidity
The Naira experienced a reversal of recent gains last week, depreciating against the U.S. dollar in both the…
2025 Budget Crucial for Ghana’s Economic Recovery, Says Finance Minister Ato…
Finance Minister Dr. Cassiel Ato Forson has emphasized the significance of the 2025 Budget in stabilizing Ghana's…
Stakeholders Criticize Inflation Rebase and CBN’s MPC Decision Amid Economic…
The recent rebasing of Nigeria's inflation rate and the Central Bank of Nigeria's (CBN) decision to maintain the…
China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic…
China’s economy is grappling with increasing uncertainty on the international front, as well as domestic…
Nigeria and UK Strengthen Cybersecurity Collaboration
Nigeria and the United Kingdom have joined forces to enhance the country’s cybersecurity capabilities, focusing on…
Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues
Microsoft has reportedly pulled back from certain agreements with CoreWeave, a cloud computing provider, due to…
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu…
The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led…
Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has confirmed that the Ghanaian…
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4…
Stock Market Experiences Continued Downturn with N289bn Loss
The Nigerian stock market continued its decline on March 5, 2025, as the overall capitalization dropped by N289…
Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision
Asian stock markets saw gains on Thursday as investor sentiment improved following news that U.S. President Donald…
United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout…
United Capital Plc (UCAP) has announced a total dividend payout of N2.40 per share for 2024, rewarding…
FCMB’s Continued Support for the Blind Celebrated by FNSB
The Federal Nigeria Society for the Blind (FNSB) has praised First City Monument Bank (FCMB) for its ongoing…
Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion…
The global telecoms industry is expected to see steady revenue growth despite significant challenges, with…
Africa Strengthens Cybersecurity with Stricter Data Protection Laws
In a significant move toward enhancing data security, 39 out of 55 African nations have now enacted data…
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global…
The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of…
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey…
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since…
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence.…